Uphold is a digital asset platform offering a range of services, from crypto trading and staking to payment cards that provides rewards and easy multi-currency payments. The company was established in 2015 and has enabled $4+ billion in transactions. Uphold is now active in 180+ countries and deals in 200+ crypto and fiat currencies.
Gemini is a cryptocurrency exchange set up in 2014 by the Winklevoss brothers, known for their early involvement in Facebook. The exchange is among the world’s 20 largest and most popular. Gemini clients can trade and stake 110+ cryptocurrencies, with derivatives trading available in some jurisdictions, an advanced proprietary platform and additional features including an NFT marketplace.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Pros
Fees are competitive based on tests, with 26 underlying platforms helping to source the best prices
Uphold continues to remain ahead of the industry, often being one of the first platforms to list new crypto tokens
Crypto staking is available on 30+ tokens with above-average rates up to 16%
Uphold is 100% reserved which helps to protect client funds
Over 250 cryptos are available including major tokens like Bitcoin and Ethereum
The proprietary app is extremely easy to use with a slick design and navigation
UK users can get the Uphold card with up to 2% cashback in XRP
Two-step authentication bolsters user security
The trading app features a user-friendly, modern design and intuitive interface, with an excellent range of charting tools for traders
The TradingView integration delivers top-quality tools, including backtesting and algo trading capabilities
The exchange ensures high security standards with 2FA a requirement for all crypto investors
Crypto perpetual futures are available in many jurisdictions with up to 1:100 leverage
There is a decent range of educational guides and tutorials suitable for beginners
Cons
The charting analysis features on the platform trail specialist exchanges
Customer service is slow based on tests, with limited contact options
There is a 2.49% fee if you want to use debit or credit cards
Uphold operates with limited regulatory oversight
The exchange has a history of concerning incidents including the collapse of its Earn program and a phishing breach
The 'convenience fee' for using the mobile app seems arbitrary and makes it inefficient to use this feature
There are high fees for some funding methods including a 3.49% fee for card transactions
Some larger coins by market cap are not available to buy through Gemini
There is no practice profile or demo account for prospective traders
Awards
Best Cryptocurrency Exchange 2019 - Markets Choice Awards
You can buy and sell 250+ crypto assets with fiat currencies or in crypto pairs using the straightforward mobile app or through Uphold's browser-based account homepage. This is significantly more than many rivals. You can also earn up to 16% APY by staking one or more out of 32 valid tokens, or send tokens to an external wallet.
Gemini offers a relatively small range of 110+ cryptocurrencies on its exchange, which is anchored by the native Gemini Dollar stablecoin, as well as perpetual swap derivatives. The powerful ActiveTrader platform is optimized for online trading, delivering a wide range of technical indicators and up to 7 time frames.
