Review on Uphold by David Olayide
What I think about Uphold Wallet
Up next, on the cryptocurrency wallet, is the Uphold Wallet. The Uphold Wallet is a web based crypto or virtual finance wallet that allows users to trade cryptocurrency, stocks, and metals. Now clearly as you can see this is way different from what other wallets look like. This particular wallet broadens it’s horizon’s to include other items. The wallet presently supports android and IOS devices, about nine cryptocurrencies, and four precious metals. I also discovered a great thing. They support fiat currencies too. A whole lot of about 23 of them. That is good news by the way.
metals supported include, Silver (XAG), Palladium (XPL), Platinum (XPT), and Gold (XAU). Uphold is used by clients or merchants from more than 180 countries. The User-friendly design of the wallet makes it very easy for traders to store their digital assets, also enable them send fund
s globally and more importantly to help them exchange currencies.
H
onestly, for me the major attraction that gets me excited and ready to use the platform is the fiat support feature. I mean it’s simply amazing because not many cryptocurrency wallets offer such a vast amount of options. Installing the app for use is not much of a problem. After you sign up, you get to secure your account using the 2 factor authentication too. As an added measure activities are also monitored by the United States Treasury Department and other agencies.
Pros
- Support multiple assets including precious metals
- Cast amount of available fiat currencies
- 2FA for security
- Mobile app
Cons
- No anonymity
- High transaction fees
