Is Uphold a custodial wallet?

Log in to your Uphold account. Select the Card you wish to withdraw funds from. Click the SEND TO BANK ACCOUNT option.

Uphold is a multi-asset exchange , meaning users can buy and sell cryptocurrencies, national currencies, equities, and precious metals. In contrast, Coinbase is a cryptocurrency exchange that supports various cryptocurrencies and stablecoins. Investors can buy, sell, deposit, or withdraw using Uphold or Coinbase.

Let’s look at other XRP wallet types, including mobile, desktop, hardware and paper.

Uphold is a digital money platform that allows you to buy, hold, send, receive, and exchange a variety of currencies easily with very lows fees. Just like a real-world wallet that you keep in a pocket or purse, your Uphold Wallet contains a set of cards that can be used to send and receive payments .

Both Coinbase and Uphold provide custodial wallets for their customers . A custodial wallet is a crypto wallet that’s controlled by the exchange. Crypto investors can also withdraw their funds from both exchanges and put them in their own external non-custodial wallet.

To transfer Bitcoin from Uphold to Coinbase:

Yes, Uphold is 100% safe and a legit platform that employs robust security measures to protect its client’s money and assets.