When comparing Robinhood 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 Robinhood is ranked 6th. 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
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Pros
Pro You can set notifications for important events
If you know that an important goverment report is coming out, or a company in your portfolio is expected to release its 10K, you can create a notification to warn about this beforehand to stay on top of the information flow.
Pro Great for beginners
This app is great for beginner investors, because the entry threshold is non-existent - you can start trading with whatever capital you have; and there are no commissions that bite off you profits.
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 Limits buy orders of certain stocks
As of last week the service started limiting buys of certain stock, this is ongoing and a huge problem for many service users.
Con Only for US citizens/residents
You need to be a US citizen or resident, with a legal US residential address, and a valid social security number.
Con Limited options for analysis
This app wasn't intened for analysis as much as convenient execution. If you rely on technical analysis to make your investment decisions, you will have to find a third-party software for that.
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.