The beauty of this exchange really is the simplicity and ease of use which makes it very practical for those that may not know how to buy and sell via spot trading.īinance of course offers a much wider range of products and services as they are a full suite exchange that caters to the needs of beginners, traders, professional investors and institutions. Uphold has created a really user friendly exchange that makes it easy to buy and sell over 300 cryptocurrencies. ![]() In conclusion, Uphold and Binance are two very popular exchanges for different reasons. However, Binance stands out with more variety in terms of fiat withdrawal methods and lower fees. Once more, both Uphold and Binance offer reliable withdrawal methods for both fiat and cryptocurrencies. For Ethereum and Solana, those fees are 0.000768 ETH and 0.008 SOL. ![]() Moving on to cryptocurrency withdrawals, for those that want to withdraw Bitcoin, Binance charges a 0.0002 BTC withdrawal fee. For those that wish to withdraw with SEPA, that can be done for a low EUR withdrawal fee with SEPA. However, Binance charges a 1.8% withdrawal fee for fiat withdrawals with Visa and MasterCard. USD can be withdrawn via SWIFT, EUR via SEPA and GBP via Faster Payments (FSP). On the other hand, Binance offers multiple methods for people to withdraw their fiat currencies. Both these fees are on the high end compared to other exchanges. In terms of fees, Uphold charges a $2.99 fee for users who withdraw cryptocurrencies from the exchange (excluding blockchain fees) and $3.99 for those who conduct bank withdrawals. ![]() Their fiat withdrawal methods include Bank transfers (ACH/Wire) for USD, SEPA for EUR and Faster Payments (FSP) for GBP withdrawals. Uphold is a great option for those looking for fiat withdrawals.
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