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Comprehensive Uphold Exchange Review Published By Traders Union

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Uphold exchange review

The realm of cryptocurrency exchanges is ever-expanding, with new platforms emerging, each with its unique features and functionalities. One such platform that has been gathering significant attention lately is Uphold.

The Traders Union revealed the Uphold exchange review and highlighted the platform’s performance, strengths, and areas where it could improve. TU experts have mentioned the broker’s pros and cons and analyzed its features.

What is Uphold Exchange?

According to TU experts, Uphold ranks 128 among 199 companies featured in the TU rating. It is a high-risk cryptocurrency exchange platform that provides an extensive range of assets for trading, including crypto-crypto and crypto-fiat pairs. Uphold’s primary attractions are its free wallet and debit card, quick deposit and withdrawal options across multiple channels, and average market commissions. The platform offers automated trading solutions and API alongside traditional assets and forex trading at 0.2% commissions. Uphold pride itself on being officially registered with accessible license data and no regional user restrictions.

Advantages and disadvantages of Uphold Exchange

Traders Union experts have highlighted the advantages and disadvantages of Uphold Exchange:

Advantages:

  • Diverse Trading Options: Uphold enables trading in cryptocurrencies, tokens, fiat, stocks, and precious metals, providing a wide array of options for traders.
  • Multitude of Pairs: The platform boasts numerous crypto-crypto and crypto-fiat pairs, offering a vast scope for trading and exchange directions.
  • Multi-Currency Wallet: Uphold offers a free multi-currency wallet for its users, simplifying the process of handling multiple currencies.
  • Cashback-linked Debit Card: Users on Uphold can avail of a debit card linked to cashback, thus providing additional benefits.
  • Competitive Commissions: The average commissions for cryptocurrency trading range between 0.8% and 1.2% for the USA and Europe and up to 1.8% for other regions, making it competitive in the market.
  • Institutional Account Solutions: Uphold provides integrated solutions for institutional accounts, catering to the needs of institutional traders.
  • Advanced Terminal: The platform offers a terminal with advanced functionalities for streamlined trading.
  • Security Measures: Uphold has implemented two-factor authentication, enhancing the security of user accounts.

Disadvantages:

  • Lack of Investment Solutions: The platform does not offer investment solutions, which could limit the scope of financial planning for traders.
  • No Demo Accounts: Uphold does not offer demo accounts. This can be a downside for novice traders who want to practice before investing real money.
  • Absence of Unique Solutions for Beginners: The platform does not offer unique solutions or tailored support for novice traders, potentially making the initial trading experience challenging for beginners.

Evaluation of the most influential parameters of Uphold

Based on Traders Union’s findings, Uphold’s most influential parameters have been evaluated. User satisfaction is low at 1.9/10, while the platform scores relatively better on regulation and safety (3.67/10), commissions and fees (3.31/10), variety of instruments (3.09/10), brand popularity (3.25/10), customer support (3.61/10), and education (3.83/10).

Trading conditions for Uphold users

Access to Uphold’s full functionality requires registration and verification. Once verified, users can utilize a multi-currency wallet and a virtual debit card. There is no minimum deposit, and users have freedom in their trading strategies. While Uphold offers auto trading, it does not provide leverage. The platform also lacks a call center, offering email support only.

Uphold commissions & fees

Uphold levies trading fees that differ by assets and regions. For Bitcoin and Ethereum, fees range from 0.8% to 1.2% in the USA and Europe and 1.8% in other countries. These fees are automatically adjusted in the trading terminal based on geo-targeting.

In addition, Traders Union experts have reviewed Zebpay. To read about the broker, its pros and cons, and check its detailed insights, please visit the official website of Traders Union.

Conclusion

In conclusion, Uphold, with its diverse offerings, poses a promising avenue for traders, particularly those interested in a wide array of asset classes. However, potential investors should consider the platform’s high-risk status and relatively low user satisfaction. As with any investment platform, proper research and due diligence are essential. We encourage readers to visit the Traders Union’s official website to learn more about Uphold and other exchanges.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

Economy

Ibeto Customs, Police Renew Joint Security Pact for Efficiency, Safety

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Nigeria Customs Service

By Adedapo Adesanya

The Nigeria Customs Service (NCS), Ibeto Seaport and Terminals Command, Port Harcourt, and the Nigeria Police Force have renewed their commitment to joint security operations at the nation’s maritime corridors, following a strategic meeting between top officials of both agencies.

According to a statement, the renewed partnership came as the Commissioner of Police, Eastern Port Police Command, CP Shuaibu Audu, paid a working visit to the Customs Area Controller, Comptroller Usman Yahaya, at the Command headquarters on April 17, 2026.

The engagement, according to a statement by the Command’s Public Relations Officer, Chief Superintendent of Customs Tangwa Emmanuel, was aimed at strengthening inter-agency cooperation and boosting operational efficiency within the port environment.

Speaking during the visit, Comptroller Yahaya described the engagement as significant, stressing that sustained collaboration among security agencies remains critical to safeguarding national assets and ensuring seamless port operations.

This visit is timely and highly appreciated. It reflects the importance of sustained cooperation among agencies entrusted with the security of our nation and the protection of critical economic assets,” he said.

He assured the police boss of Customs’ readiness to maintain strong working relations with the Eastern Port Police Command.

“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities,” Mr Yahaya added.

The Customs Area Controller noted that the synergy between both agencies has continued to play a vital role in maintaining order, facilitating legitimate trade and curbing criminal activities within the port system.

This was contained in a statement shared via the Customs official X handle.

Customs and the Police share common responsibilities in safeguarding the port environment. Synergy remains the cornerstone for achieving our collective mandate,” he stated.

He also briefed the visiting Commissioner on the operational relevance of the Ibeto Seaport and Terminals Command, reiterating the Command’s commitment to strengthening maritime security.

On his part, CP Audu said the visit was part of efforts to consolidate existing ties between the Nigeria Police Force and the Nigeria Customs Service.

“My presence here today is to reinforce the cordial relationship between the Nigeria Police Force and the Nigeria Customs Service. No organisation can function effectively in isolation,” he said.

He emphasised the importance of sustained collaboration among security agencies, particularly in securing the nation’s ports, which he described as vital to economic stability.

Synergy among security agencies is essential to addressing emerging threats. Our ports are strategic national assets, and we must work together to keep them secure,” Mr Audu stated.

The police commissioner also sought continued support from Customs officers in advancing shared security objectives.

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Economy

Tinubu Removes Wale Edun, Elevates Taiwo Oyedele as New Finance Minister

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swear in taiwo oyedele

By Modupe Gbadeyanka

Mr Taiwo Oyedele has become the new Minister of Finance and Coordinating Minister for the Economy after the exit of Mr Wale Edun.

This announcement was made on Tuesday by the Office of the Secretary to the Government of the Federation via a statement signed by Mr Yomi Odunuga, the Special Adviser of Media and Publicity to the Secretary to the Government of the Federation, Mr George Akume.

It was disclosed that President Bola Tinubu approved the removal of Mr Edun as Finance Minister as well his counterpart in the Housing and Urban Development Ministry, Mr Ahmed Musa Dangiwa.

According to Mr Akume, “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”

In approving the cabinet reshuffle, the President has fully exercised his powers as conferred on him by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended), he added.

Before this minor cabinet reshuffle in the membership of the Federal Executive Council (FEC), Mr Oyedele the Minister of State for Finance.

Mr Muttaqha Rabe Darma has now been named as the ministerial nominee and minister designate for the Housing and Urban Development Ministry.

Mr Tinubu thanked the outgoing ministers for their services to the nation while wishing them the best in all their future endeavours, reminding others that “the process of reinvigoration shall be continuous.”

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Economy

Dangote Eyes Crude Oil Production to Ease Shortfalls

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Crude Oil Production

By Adedapo Adesanya

The Dangote Group has announced plans to begin its own crude production, to help cover shortfalls in local crude feedstocks, in the coming weeks through its upstream assets.

According to Mr Devakumar Edwin, the Vice President of the Dangote Group, the company has commenced early testing on crude from its Niger Delta licenses.

In an interview with Platts, part of S&P Global Energy, the official said the company has already begun standard well testing and is preparing to scale up output.

“We have opened a well and begun standard testing, which should be completed in the next three to four weeks, maximum.

“After that point, oil can start to be pumped in larger volumes, and the company can begin work on drilling new wells,” he said.

Also speaking, Mr David Bird, the chief executive officer (CEO) of the Dangote refinery, said the upstream assets could provide a more stable crude supply for the refinery.

“Alongside its upstream interests, the company is seeking to establish its own shipping presence to help reduce logistics costs and improve the reliability of its crude sourcing,” Mr Bird said.

While confirmation has come from the company, the Nigerian government or the Nigerian National Petroleum Company (NNPC) Limited is yet to officially confirm the development.

The 650,000 barrels-per-day facility has been able to get enough feedstock locally under the federal government’s Crude-for-Naira initiative, leading it to source crude from international markets at a premium, which is partly responsible for the high cost of petrol and other fuels.

However, in April 2026, the NNPC said it would increase its crude supply to Dangote Refinery to seven cargoes.

The refinery, on several occasions, has stated it sources the majority of its crude oil outside Nigeria despite being the country’s Naira-for-crude sale deal.

Last month, it said the NNPC only gave it four to five cargoes, which is less than 50 per cent of expected volumes. The majority of Nigeria’s crude is tied to joint ventures with international oil companies.

With the latest development, it would help reduce the dependency on international crude as well as allow Dangote to ease some of its import costs.

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