Uphold Supported Countries
Uphold is a cryptocurrency exchange available in 150 countries. However, due to varying local regulatory constraints, some locations may be restricted or have limited access to certain features. Before using Uphold, prospective users are advised to confirm the platform's availability and specific services in their respective countries through its customer support centre.
For example, banking deposits and withdrawals are only available in the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lichtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovenia, Slovakia, Spain, Sweden, Switzerland, United Kingdom, and United States. Countries not on this list can only deposit funds via alternative payment methods like credit cards.
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Uphold Restricted Countries
Crypto exchanges must comply with international laws and regulations, leading to certain geographical restrictions. Countries where Uphold's services are restricted include North Korea, Cuba, Iran, Syria, and the Crimea region of Ukraine. Some countries were previously supported but the exchange has recently reduced its number of supported jurisdictions. To learn if you can use the exchange, visit Upholds restricted countries.
There is a list of countries where Uphold has never been available, and these include Anguilla, Antarctica, Armenia, Azerbaijan, Barbados, Bouvet Island, Cambodia, Central African Republic, Chad, Cuba, Eritrea, Fiji, French Southern Territories, Guinea, Heard and McDonald Islands, Iran, Lebanon, Liberia, Mali, Mauritius, North Korea, Palau, Samoa, Sudan, Syria, S. Minor Outlying Islands, Vanuatu.
Does Uphold Require KYC?
Yes, Uphold mandates a Know Your Customer (KYC) process for all its users. This procedure is crucial as it ensures adherence to regulatory standards aimed at preventing illicit activities such as money laundering and fraud within the crypto space. By requiring users to verify their identity through the submission of personal documents, Uphold enhances the security and integrity of its platform.
Where is Uphold Located?
Uphold is headquartered in the United States, specifically in Charleston, South Carolina. Operating from the United States allows Uphold to adhere to stringent regulatory standards, ensuring a secure and trustworthy environment for its comprehensive financial offerings. Although its main administrative and business operations are run from the U.S., Uphold has offices worldwide, including the United Kingdom and Lithuania.
Closing Thoughts
To recap, Uphold's appeal lies in its broad support for many cryptocurrencies, fiat currencies, and supported jurisdictions for its international user base. The exchange can be used in over 150 countries across every continent in the world and currently supports two languages, with more options being added in late 2024. It also provides a multilingual interface available in Spanish and English.