Uphold is a popular crypto trading platform.
It allows you to buy, hold, and exchange cryptocurrencies.
However, like any online exchange, it comes with risks, especially regarding long-term crypto security.
Cold wallets, such as Material Bitcoin, Ledger, Trezor, or Keepkey, are physical devices or offline storage solutions that protect crypto assets from hacks and online threats.
The only way to have full control of your private keys is to transfer crypto from Uphold to a cold wallet.
This guide will walk you through the step-by-step process of withdrawing from Uphold.
At Material Bitcoin, we’re trusted experts in crypto security, offering premium cold wallets and real-world guidance to help you protect and grow your investments.
What to Know Before Transferring Crypto from Uphold
Before you transfer crypto from Uphold to a cold wallet, you must have your cold storage set up and ready to receive crypto.
1️⃣ Set Up Your Cold Wallet
Some of the best physical crypto wallets include Material Bitcoin, Ledger Nano X, Trezor Safe 5, and Keystone Pro.
Each wallet has its initialization process, but the basics are the same for each:
- Create or confirm your recovery seed (usually a 24-word phrase). Remember to store it offline and never share it with anyone.
- Power your wallet and connect it to its companion app (or use QR codes for offline wallets like Material Bitcoin).
- Generate your receiving address. This is the address you’ll use to receive crypto from Uphold.
How to Use Your Material Wallet
Material wallets come with your public Bitcoin address securely laser-engraved onto the steel plate.
You can manually enter the address into your wallet interface or simply scan the QR code directly from the plate for easy access.
2️⃣ Confirm Your Crypto Can Be Withdrawn from Uphold
- Uphold doesn’t allow withdrawals for every cryptocurrency. Some tokens, such as XRP or ADA, can be restricted due to network or platform limitations.
- Understand Uphold’s asset withdrawal tiers to make sure your chosen crypto can be sent to an external wallet.
- If your asset is not supported for withdrawal, try swapping it to something that is (like BTC or ETH).
3️⃣ Check Network, Withdrawal Fees, and Limits
Not all networks are the same, and using the wrong one means that you can lose your crypto forever.
- Always verify which blockchain network Uphold supports for your crypto.
- Review network fees (gas fees). These vary depending on traffic and blockchain conditions.
- Check withdrawal limits, including minimum amounts and daily caps.
Picking the correct network and knowing the costs ahead of time will help your transfer go smoothly.
Withdraw Cryptocurrency
| Crypto Asset | Withdrawal Fee | Network |
|---|---|---|
| DAG | $0.99 | Constellation |
| XDC | $0.99 | XDC Network |
| BTG | $0.99 | Bitcoin Gold |
| SGB | $0.99 | Songbird |
| FLR | $0.99 | Flare Network |
| TRX | $0.99 | Tron |
| SOLO | $0.99 | Sologenic |
| CSPR | $0.99 | Casper |
| COREUM | $0.99 | Coreum |
| KAS | $0.99 | Kaspa |
For a full list of fees and limits, check out Uphold’s official fees page.
How to Transfer Crypto from Uphold to Your Cold Wallet
Transferring your crypto from Uphold to a cold wallet provides your digital assets with the security they need by giving you direct control.
📩Step 1: Find and Double-Check Your Cold Wallet Address
1. Open your cold wallet.
2. Find the receive or deposit section to transfer crypto from the exchange to your cold wallet.
3. Copy the receiving address for the crypto you want to transfer.
4. Make sure your wallet supports that specific coin/token.
5. Double-check the address.
⛓️Step 2: Choose the Right Crypto and Blockchain Network in Uphold
1. Log in to your Uphold account.
2. Go to the withdrawal section.
3. Select the crypto you want to transfer.
4. If there’s a network option (e.g., Ethereum, Arbitrum, Optimism), choose the one that your wallet supports.
5. Make sure the network you select on Uphold matches the network of the wallet address.
✅Step 3: Confirm and Track
1. Paste your cold wallet address into Uphold.
2. Enter the amount you want to send.
3. Review all details carefully, especially the address and network.
4. Confirm and complete the transaction.
5. Use a blockchain explorer to track the progress:
- Etherscan.io for Ethereum
- Blockchain.com for Bitcoin
- Solscan.io for Solana
How to Avoid Mistakes When Withdrawing from Uphold
Use this checklist to avoid common errors that could result in delayed or lost funds when sending crypto from Uphold to your cold wallet:
| Step | What to Check |
|---|---|
| Network Compatibility | ☐ Confirm your wallet supports the network ☐ Choose the same network in Uphold ☐ Do not send tokens across incompatible networks ☐ Double-check wallet documentation |
| Token Support | ☐ Verify your wallet supports the token + network ☐ Unsupported tokens may be invisible or stuck ☐ Use the wallet’s app/site for confirmation ☐ Check compatibility lists for newer tokens |
| Address Accuracy | ☐ Always copy/paste addresses, never type manually ☐ Use QR scanning if available ☐ Check the first/last 4–6 address characters for confirmation ☐ Watch out for clipboard malware ☐ Send a test transaction for large amounts |
🔐 Pro Tip: Reviewing this checklist every time can help you avoid mistakes and protect your assets.
What to Do If Uphold Doesn’t Support Direct Withdrawal
If you can’t transfer crypto from Uphold to a cold wallet due to the cryptocurrency you hold, you must use alternative methods to transfer your coins.
Option 1:
Transfer your assets to another exchange that supports the withdrawal you want to make.
For example, you can send your crypto from Uphold to Binance or Kraken, then withdraw it to your cold wallet.
Steps:
1. Create an account on a secondary exchange.
2. Generate a deposit address for the specific cryptocurrency on the secondary exchange.
3. Transfer the crypto from Uphold to the generated deposit address.
4. Withdraw the crypto from the secondary exchange to your cold wallet.
⚠️Be aware that this method might have additional fees, including trading fees and network withdrawal fees.
📘 Exchange Withdrawal Help
For a step-by-step explanation on other popular exchange withdrawals, read the following guides:
Option 2:
If your asset isn’t supported for withdrawal, and you don’t want to transfer your crypto to another exchange, you can convert it within Uphold.
Pick a more popular cryptocurrency asset, like Bitcoin (BTC), Ethereum (ETH), or USD Coin (USDC), to easily withdraw to a cold wallet.
Steps:
1. Log in to your Uphold account.
2. Go to the conversion section and select the asset you wish to convert.
3. Choose the target asset.
4. Confirm the conversion. Keep in mind that there may be applicable fees.
5. Proceed to transfer crypto from Uphold to your cold wallet.
Why You Need To Move Your Crypto to Cold Storage
If you’re investing in the best cryptocurrencies to buy and hold, like Bitcoin (BTC), Ethereum (ETH), or stablecoins, then cold storage is one of the smartest ways to protect your assets.
Hot wallets or exchange accounts are always connected to the internet, making them more accessible to cybercriminals.
Cold wallets keep your private keys offline, making them immune to online threats.
If you keep your crypto on platforms like Uphold, you are relying on them to protect your private keys.
If there is a breach or the exchange ceases to exist (as we’ve seen with FTX and other platforms), you could lose access to your crypto forever.
The Best Crypto Wallet
Cold storage wallets, like Material Bitcoin, let you keep full control of your crypto through self-custody.
Since no third party can access or move your assets, it’s the best place to hold your crypto long-term.
Final Tips for Safe Crypto Transfers
Before sending any large amount of crypto, we suggest starting with a small test transfer to make sure that everything is working correctly.
Don’t forget to back up your recovery phrase and store it offline in a secure place, since losing it means losing access to your wallet.
Stay updated on any changes from your cold wallet provider and Uphold, and always use crypto best practices.
FAQ
How can I transfer crypto from Uphold?
- Select the withdrawal button, select your asset, and send it to your cold wallet’s public address.
Can I recover crypto sent to the wrong address?
- Usually no. Crypto transfers are irreversible. Always double-check the address before sending.
How long do Uphold transfers take?
- Transfers are typically processed within a few minutes, but network congestion may cause delays in transfer times.
Is it safe to leave my crypto in Uphold?
- It’s convenient, but not safe. For long-term security, always use a cold wallet.
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