Michelle Legge
By Michelle LeggeHead of Crypto Tax Education
Updated Nov 11, 2024
This article has been fact checked and reviewed as per our editorial policy.

How to Buy Crypto on Uphold

Want to know how to buy crypto on Uphold? Follow our step-by-step guide to buy crypto on Uphold including how to get verified and how to buy BTC, ETH, and more.

How to buy crypto on Uphold

There are a couple of steps involved in buying crypto on Uphold, and we’ll walk you through all of them in-depth, including:

  1. Get verified on Uphold

  2. Fund your account

  3. Pick a cryptocurrency

  4. Purchasing crypto on Upload

Step one: get verified on Uphold

Uphold and other financial service providers must verify users to comply with anti-money laundering legislation, so to create an account you’ll need to:

  1. Download the Uphold app or go to Uphold.com and select sign up

  2. Enter your personal details including email and phone number

  3. Verify your account via email and create a password

  4. Provide further information about how you plan to use Uphold and your financial circumstances including your employment status

  5. Verify your identity by uploading an ID document and taking a photo

Read next: Best No KYC Exchanges

Step two: fund your Uphold account

With your account verified, it’s time to fund your Uphold account. There are payment methods available to fund your Uphold account including:

  • Debit card: Instant deposits and withdrawals

  • Credit card: Instant deposits, no withdrawals

  • ACH: Instant deposits and standard withdrawals up to 5 business days

  • ACH (via Microdeposits): Instant deposits and up to 65 days for withdrawals

  • Wire transfer: Deposits in up to 2-5 business days, no withdrawals

  • Apple/Google Pay: Instant deposits, no withdrawals

  • Crypto deposits: Deposit and withdrawal periods are variable depending on the network

It’s important to note that Uphold payment methods may vary depending on your location. 

Step three: pick a cryptocurrency on Uphold

Uphold has more than 250 cryptocurrencies available to choose from - from market leaders like Bitcoin and Ethereum to emerging altcoins and tokens. Some of the most popular cryptocurrencies to buy on Uphold include:

You should always DYOR before buying any crypto on Uphold and never invest more than you can afford to lose.

Read next: Is crypto a good investment?

Step four: Buy crypto on Uphold

Once you’ve chosen a crypto on Uphold, it’s time to buy it! Here’s how:

  1. Select transact on the portfolio screen

  2. Select from and pick a payment method

  3. Enter the amount of fiat currency you’d like to spend

  4. Tap to and pick a cryptocurrency

  5. Depending on your payment method you may have to provide additional information or verification through your banking app

  6. Confirm your transaction, your crypto will be credited to your Uphold account within 2-3 days

Read next: How do I get Uphold tax documents?

Banner with Koinly logo and text: Get Your Crypto Tax Report

FAQs

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Disclaimer
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