When comparing Kraken vs Uphold, the Slant community recommends Uphold for most people. In the question“What are the best ways to buy/sell bitcoin?” Uphold is ranked 3rd while Kraken is ranked 4th. The most important reason people chose Uphold is:
It gives you several virtual cards(they are like savings account tied with a prepaid credit card that can be used on the internet to make payments). The most notable of them being in EUROS(EUR), Bitcoin(BTC) and GOLD(XAU).
Specs
Ranked in these QuestionsQuestion Ranking
Pros
Pro Its one of the very few sites that allows you to hold virtual GOLD besides Bitcoin
It gives you several virtual cards(they are like savings account tied with a prepaid credit card that can be used on the internet to make payments). The most notable of them being in EUROS(EUR), Bitcoin(BTC) and GOLD(XAU).
Pro Low fees
They have removed fees for some of the most popular currencies like BAT and XRP and compared to other wallets listed here their fees are some of the lowest.
Pro The virtual cards allow you to shop without the need for exchanging your Bitcoin(or your GOLD)
You can shop on Amazon or similar sites, and pay with the BTC virtual card, the due payment will be converted to bitcoins and then deducted from your card's balance.
Pro Quickest way to buy BTC
Pro Friendly staff
The staff will help on their social media channels and also through their support ticket system without issues.
Pro Trustworthy and reliable service
Never worry about depositing money or withdrawing, UPHOLD have been the best wallet in crypto.
Cons
Con Regular outages
Con Poor customer support
There are many cases of people complaining on Reddit about not getting responses from customer support for weeks at a time.
Con Impossible KYC
It's almost impossible to validate your identity and do the KYC
Con Few transfer options for loading up the balance.
Has trouble working with payment sites like Paypal, and also with South American Banks. You will just have to check if they accept yours.