Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you shouldn't expect protection if something goes wrong. Take 2 minutes to learn more

Back

Automated Transactions Terms

Last updated Jul 16, 2020

  • 1.1

    If you initiate recurring add-funds, add-Value or remove-funds, remove-Value transaction(s) via bank, debit card transfer, you authorise us to initiate recurring electronic debit entries from or to your relevant linked, external account(s); if you initiate other scheduled, recurring or automated transactions such as a recurring transfer between your sub-accounts (e.g., £100 to BTC every day) or a limit order or other automated transaction based on certain conditions (e.g., buy £100 worth of BTC when the price of BTC falls below £8,000), you authorise us to initiate such transactions on the specified dates or when the specified conditions are met.

    1.2

    In certain situations, such as scheduling a transaction to take place in the future drawing from your debit card, we may conduct a “micro-transaction” of less than a dollar to validate your card, which will be reversed within approximately 5 to 7 days. You expressly authorise us to process this transaction.

    1.3

    Your recurring transactions will occur in identical periodic installments based on the period you specify (e.g., daily, weekly, monthly), until either you or we cancel the recurrence. Automated transactions/limit orders based on conditions will remain active until the conditions are met, the conditions expire according to the terms you set, or either you or we cancel the transaction. Scheduled or recurring transactions will generally occur on the specified date at the same time of day as when the transactions were configured, and may be cancelled until 11:59pm of your local time on the day before a transaction is to take place; automated transactions such as limit orders may be cancelled at any time prior to the specified conditions being met.

    1.4

    Transactions set to occur in the future will be executed at the then-current market price as offered by Uphold on the Platform, which may differ from the price displayed for informational purposes at the time the transaction is created. If a deposit or withdrawal transaction falls on a weekend or holiday, or after bank business hours, an electronic debit may be executed on the next business day but the applicable exchange rate (if applicable) at the time of the scheduled transaction will apply.

    1.5

    You are responsible for ensuring that there is sufficient Value or funds in your “From” sub-account or originating account to process any recurring or automated transaction at the time of execution; if there is not sufficient Value or Funds, the transaction will not be processed. If your institution is unable to process any debit entry, we will attempt to notify you. 

    1.6

    Your authorisation will persist until you change your recurring or automated transaction settings or notify us in writing. You agree to notify us in writing of any changes in your linked, external account(s), debit card information prior to setting up a recurring or automated transaction. We may, at any time, terminate recurring or automated transactions with prior or subsequent notice to you.



Uphold Europe Limited, Reg No. 09281410, Registered Office: Eastcastle House, 27/28 Eastcastle Street, London, United Kingdom, W1W 8DH

Uphold (FRN: 938277) is registered with the Financial Conduct Authority (FCA) for AML purposes and complies with the Money Laundering, Terrorist Financing and Transfer for Funds (Information on the Payer).

Uphold is also an EMD agent (FRN: 938277) of Optimus Cards UK Limited (FRN: 902034) which is authorised and regulated by the Financial Conduct Authority to issue e-money pursuant to the Electronic Money Regulations 2011.

Cryptoasset services offered by Uphold Europe Limited are unregulated and not covered by the Financial Services Compensation Scheme as well as the FCA’s consumer protection regulations. Cryptoassets are very high risk and speculative. You should be aware and prepared to potentially lose some or all of your money. You should carefully consider whether trading or holding cryptoassets is suitable for you in light of your financial circumstances. Gains may be subject to Capital Gains Tax and there may be extra charges when paying via credit card from your provider. Geographic restrictions may apply.

Fiat money payments and balances (fiat is another name for traditional currencies, such as GBP, USD and EUR) constitute regulated e-money and payment services. In providing fiat balances, you are being issued with e-money by Optimus and Uphold is acting as its agent. See specific e-money terms. E-money is not a deposit or investment account which means that your e-money will not be protected by the FSCS. Your funds will be held in a designated safeguarding account with a regulated financial institution. E-money will not earn any interest.

Uphold is certified for SOC 2 Type 2, ISO 27001, and PCI DSS, ensuring rigorous control over our information security management systems, data handling, and payment processing practices. Furthermore, we comply with the General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and the UK Data Protection Act, underscoring our dedication to protecting the personal data and privacy rights of our global customers.

© 2025 Uphold Europe Limited. All rights reserved.

<p><strong>Staking is BACK!<span style="color: #84fb7f;"> Earn up to <span class="highlight" style="color: #84fb7f;">12.8%</span> rewards today.</span></strong></p>

Staking is BACK! Earn up to 12.8% rewards today.

Enjoy competitive rewards while supporting blockchain networks.

Start earning today