Uphold launched in the United States back in 2015, before the insane cryptocurrency bubble of 2017. The platform initially functioned more like a traditional e-currency wallet, such as PayPal, but it’s since expanded to become a full-fledged cryptocurrency exchange with a portfolio of assets that includes numerous cryptocurrencies but also equities, precious metals and more.
Uphold also lets users stake certain digital assets to earn passive income. The company also offers the Uphold Card, a Mastercard debit that allows you to easily spend any of your Uphold assets wherever Mastercard is accepted.
Perhaps most importantly, Uphold has an extremely transparent proof of reserves that is updated in real-time and is easily accessible.