Uphold alternative for cashing out USDT to a bank or mobile money
Outside the US, UK and EEA, Uphold pays out only through a Visa card. Unigox is an Uphold alternative for selling USDT for local money paid to a bank or mobile money wallet. In the US or UK, keep Uphold.
When Unigox fits better than Uphold
You have no Visa debit card Uphold can pay out to
Where Unigox serves your currency, the P2P merchant or payment business that buys your USDT pays your bank account directly, with no card in between. Outside the US, the UK and the EEA, Uphold pays out only through a Visa debit card or Apple Pay. The card must be issued in the country of your account address and support cross-border payouts.
You are paid by mobile money
Where the merchants or payment businesses in your currency pay by mobile money, a Unigox sale can land in your mobile money wallet. Uphold's withdrawal table lists bank transfers, cards and Apple Pay, and no mobile money.
When to stay with Uphold
You live in the United States
Unigox does not currently offer its services in the United States; Uphold serves US customers outside New York (no new accounts in Louisiana), and swaps dollars and supported USD stablecoins one to one, with no spread, on the first $20,000 a month while the coin trades within 0.2% of $1. A standard bank withdrawal is free; an instant one costs 1.75%.
You are in the UK and want pounds in your bank
Uphold sends pounds to a UK bank account instantly with no withdrawal fee, and a UK card deposit carries no fee either.
You trade Bitcoin, altcoins or metals, or you stake
Uphold trades in one step between any of its supported assets, among them crypto and, in some countries, precious metals and foreign currencies, and lets you stake more than 20 digital assets.
Uphold fees and payouts vs Unigox outside the US, UK and EEA
| Topic | Uphold | Unigox |
|---|---|---|
| What it is | A multi-asset platform: you trade crypto and, where offered, precious metals and foreign currencies against Uphold in one step, hold them and stake some. | Unigox matches your USDT or USDC with a P2P merchant or a payment business, who pays you local money. |
| Payout outside the US, UK and EEA | Visa debit card or Apple Pay only, at 2.75% with a $1 minimum, not in every country. The money reaches the bank account behind the card, usually in minutes, sometimes up to 2 days. | To your bank account or mobile money wallet, paid in local money by the merchant or payment business that takes the trade. |
| What you need to get paid | A Visa debit card issued in the country of your account address that supports cross-border payouts, or Apple Pay. Where your country or card is not supported, the option does not appear. | A bank account or mobile money wallet in a currency where merchants or payment businesses are active on Unigox. |
| Fees | A spread inside the price, published only for the US, UK and Europe: 0% between dollars and supported USD stablecoins (first $20,000 a month), under 0.25% for other stablecoins, 0.3% for major currencies. Elsewhere a card payout adds 2.75% (minimum $1). | The Unigox fee is part of the rate, and you see what you get for your amount before you confirm. |
| Moving USDT | Uphold charges $0.99 per crypto withdrawal plus a network fee it lists per asset and network: for USDT, 0.05 on Optimism, 0.1 on Arbitrum, 0.35 on TON and 3.75 on Tron, among others. | You can move USDT or USDC between Unigox and an outside wallet before or after a trade. During a trade the crypto sits in an on-chain escrow that Unigox can release only to the buyer or the seller. |
| Identity check | An ID and a selfie, at sign-up or once deposits reach a threshold, depending on where you live, and proof of address when Uphold cannot verify it automatically. | Photo ID and a live selfie, before your first trade at any amount. |
| Where it works | Uphold says it serves customers worldwide, but it lists places it does not serve, New York among them, and a longer list where it opens no new accounts. | Unigox does not currently offer its services in the United States; its Terms of Service, section 6.4, name the other places it does not serve. |
| Regulation | Outside the US, UK, Canada, the EEA and Switzerland, your contract is with Uphold Worldwide Ltd. of the Bahamas, under Bahamian law. Uphold says it is regulated in the US by FinCEN and state regulators and in the UK by the FCA. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxMoving USDT off Uphold and selling it for local money
Verify with ID and a selfie
Unigox runs its own check, a photo ID and a live selfie, before your first sale; your Uphold verification does not count.
Send your USDT from Uphold
In Uphold choose Withdraw and your USDT balance, then Crypto Networks, find USDT and pick a network, and paste the deposit address your Unigox Wallet shows for that same network.
Price the sale before you confirm
Pick Sell, the currency you want to be paid in and the USDT amount. The rate on screen already includes the Unigox fee; set it against Uphold's card payout, then confirm.
Get paid
The local money arrives in your bank account or mobile money wallet. When a P2P merchant pays, confirm the payment in Unigox and the escrow releases the USDT to them.
Uphold alternatives: questions before you switch
What is a good Uphold alternative outside the US and UK?
If you hold USDT or USDC and want local money in a bank account or mobile money wallet, Unigox is one: you sell your stablecoins there for local currency. Keep Uphold for other coins, metals, staking, and for dollar or pound payouts in the US and UK.
Are there apps like Uphold that pay a USDT sale to a local bank?
Unigox does, in any browser and on Android (Google Play or an APK); its iPhone app is listed only in Canada's App Store. The P2P merchant or payment business that buys your USDT pays the local money into your bank account or mobile money wallet.
What are Uphold's fees when you cash out USDT?
Uphold builds a spread into the price and publishes typical spreads only for the US, UK and Europe: 0% between dollars and supported USD stablecoins for the first $20,000 a month, under 0.25% for other stablecoins. For other regions it publishes no spread table. Bank withdrawals are free in the US (standard) and UK; outside the US, UK and EEA a Visa card payout costs 2.75%, minimum $1. Sending crypto out costs $0.99 plus a network fee.
Who are Uphold's competitors for turning stablecoins into local money?
Unigox is one, for selling USDT or USDC for local money paid to a bank or mobile money wallet. We have also compared Unigox with Paybis, which pays crypto sales to cards and banks, and with Gemini, another platform that holds many coins.
Read the Paybis comparisonHow do I move USDT from Uphold to Unigox?
Open your Unigox Wallet's deposit address for USDT, then in Uphold choose Withdraw, your USDT balance, Crypto Networks and the same network, and send. Uphold charges $0.99 plus the network fee it lists, which differs a lot between networks.
Compare a Unigox sale with an Uphold card payout
Uphold's card payout costs its spread plus 2.75%. Put that beside the Unigox rate for your USDT on the same day; the Unigox fee is already in it.
Uphold and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.