April Uphold $100,000 Sweepstakes - Official Sweepstakes Rules
Last updated Mar 27, 2026
NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED.
Who Can Enter
The April Uphold $100,000 Sweepstakes (the "Sweepstakes") is open only to natural persons who:
- Are legal residents of the United States, excluding New York and Florida, and any other jurisdiction where this Sweepstakes is prohibited by law;
- Are 18 years of age or older at the time of entry;
- Have successfully completed identity verification (IDV) on the Uphold platform;
- Have a valid and current W-9 TIN form on file with Uphold;
- Have received a promotional invitation from Uphold and entered the Sweepstakes either by opting in via an in-app prompt/email link or by submitting a mail-in entry; and
- Are customers of Uphold in good standing at the time prizes are awarded.
Employees of Uphold HQ Inc. and its affiliates (collectively, "Uphold"), its agencies, and members of their respective immediate families and/or persons with whom any of the foregoing are domiciled are not eligible to participate in the Sweepstakes.
How the Sweepstakes Works
Opt In
Eligible users may receive a marketing communication inviting them to participate and must complete the opt-in process via an in-app prompt or email link provided by Uphold to be eligible to earn entries based on Eligible Trades. However, opting in through the Uphold app or via email is not required to enter the Sweepstakes, as eligible users may also enter via the Alternative Method of Entry (AMOE) described below.
Just by opting into the Sweepstakes, a participant will immediately receive one (1) entry.
Eligible Trade Entries
After opting into the Sweepstakes, a participant will receive additional entries based on their trade activity during the Sweepstakes Period. Trade based entries are calculated as follows:
- First Eligible Trade: One hundred and fifty (150) entries will be awarded for a participant's first completed Eligible Trade ($10 minimum).
- Second Eligible Trade: Fifty (50) entries will be awarded for a participant's second completed Eligible Trade ($10 minimum).
- Subsequent Trades: One (1) entry will be awarded for every subsequent Eligible Trade thereafter.
The first and second Eligible Trade bonuses (150 and 50 entries, respectively) are one-time bonuses awarded only once during the Sweepstakes Period. All subsequent trades earn one (1) base entry each. A participant's Total Base Entries (including Opt-in, Trade bonuses, subsequent trades, and deposit bonus) are subject to the Daily Multiplier.
Any Eligible Trades executed during the Sweepstakes Period but before a participant opts into the Sweepstakes will count toward the participant's total entries.
An "Eligible Trade" is a completed trade having a gross value of $10 or more (inclusive of fees) where the purchased asset is either a non-stablecoin cryptocurrency or a precious metal and is of a different type than the sold asset (e.g., USD → BTC, GBP → Gold, or USDC → ETH).
See "Eligible Trades Exclusions" below for activities and events that do not qualify as an Eligible Trade.
First Deposit of the Month Bonus
Participants who make their initial deposit of $10 or more during the Sweepstakes Period will receive a one-time bonus of fifty (50) additional entries.
Daily Trade Multiplier
At the conclusion of the Sweepstakes Period, a participant's total base entries will be multiplied by the total number of unique days on which they executed at least one (1) Eligible Trade during the Sweepstakes Period (up to the maximum below). For example, a person who trades on 1 unique day = 1x Multiplier and a person who trades on 22 unique days = 22x Multiplier.
Maximum Multiplier: The maximum multiplier a trader will receive is 30x, representing the 30 calendar days during the Sweepstakes Period.
Example: A participant who makes one $10 trade per day for 10 unique days and has completed their first deposit would earn:
- 1 entry for opting into the Sweepstakes
- 150 entries for their first Eligible Trade
- 50 entries for their second Eligible Trade
- 8 entries for their third through tenth Eligible Trade (1 per trade)
- 50 bonus entries for making a first deposit
- Base Total: 259 Entries
- 259 x 10 (Daily Multiplier for 10 Unique Trade Days)
- TOTAL: 2,590 Entries
Eligible Trades Exclusions
Each of the following activities or events are excluded from the definition of "Eligible Trade" and are not part of this Sweepstakes.
- Purchases of Stablecoins (including but not limited to USDT, USDC, GUSD, DAI, and PYUSD) and trades of BAT or Fiat (USD, GBP, etc.).
- Transfers or swaps of the same cryptoasset (e.g., BTC → BTC).
- Withdrawals to external wallets, banks, or cards.
- Automated trades executed through Trailing Stop or Take Profit.
- Reward programs (including but not limited to staking, referrals, card cashback, and ACH recoupments).
- Cancelled, reversed, refunded, chargeback-affected, or otherwise invalidated trades do not generate entries.
- Entries have no independent monetary value.
No Purchase Necessary; Alternative Method of Entry (AMOE)
A purchase or trade is not required to enter or win this Sweepstakes.
To enter this Sweepstakes without making a trade, eligible participants who have received a promotional invitation from Uphold may submit a legible, handwritten postcard that includes the participant's:
- Full legal name, address and phone number;
- Email address associated with their Uphold account; and
- The phrase: "April Uphold $100,000 Sweepstakes Entry."
Mail to:
Uphold Sweepstakes Entry
c/o Uphold HQ Inc.
228 Park Ave. S., #600629
New York, NY 10003-1502
Mail-in entries must be postmarked by April 30, 2026 and received by Uphold by May 4, 2026 at 23:59 ET to be eligible.
AMOE Entries
AMOE participants receive Sweepstakes entries based on the number of valid postcards delivered during the Sweepstakes Period. Mail entries are processed in the order they are received.
Participation by AMOE is limited to a single one (1) member of a household. Any participants whose entries reflect a duplicate mailing address will be disqualified.
To ensure parity with trade-based participants, mail-in entries are counted in the same manner as trade entries as follows:
- Postcard #1: Two hundred and one (201) entries, which is the same number as a trader would receive from opting into the Sweepstakes and making a first deposit and first Eligible Trade.
- Postcard #2: Fifty (50) entries, which is the same number a trader would receive from making his second Eligible Trade.
- Postcard #3+: One (1) entry, which is the same number a trader would receive from making any subsequent Eligible Trades.
AMOE Daily Multiplier
At the conclusion of the Sweepstakes Period, a participant's total base entries earned via mail-in entry will be multiplied by the total number of valid unique postcards submitted by the participant during the Sweepstakes Period (up to a maximum of 30). For example, a person who mails in 1 valid postcard = 1x Multiplier and a person who mails in 22 valid postcards = 22x Multiplier.
Maximum Multiplier: The maximum multiplier any mail-in participant will receive is 30x. Accordingly, an AMOE participant receives no benefit from mailing in more than 30 postcards.
Example: An AMOE participant who submits 10 valid postcards would earn:
- 201 entries for the first postcard
- 50 entries for the second postcard
- 8 entries for their third through tenth postcards
- Base Total: 259 Entries
- 259 x 10 (AMOE Multiplier for 10 Postcards)
- TOTAL: 2,590 Entries
Sweepstakes Period
The Sweepstakes Period begins on April 1, 2026 at 00:00 ET and ends on April 30, 2026 at 23:59 ET.
Sweepstakes Prizes
2,111 Winners in Total:
- One (1) $50,000 Prize: USD $50,000
- Ten (10) $1,000 Prizes: USD $1,000 each
- One Hundred (100) $100 Prizes: USD $100 each
- Two Thousand (2,000) $15 Prizes: USD $15 each
Prizes are credited in USD to each winner's Uphold account.
Limit one (1) prize per Uphold account.
Total approximate retail value (ARV): $100,000. The ARV of prizes is based on USD value at the time of drafting and may vary.
Odds of winning depend on the total number of eligible entries received, including AMOE entries.
Winner Selection & Notification
Winners will be selected on or about May 8, 2026 in a random drawing from all eligible entries received.
Uphold will use reasonable efforts to promptly notify selected entrants by the email address provided at the time of entry.
Except where prohibited, potential winners may be asked to sign and return, within seven (7) days of being notified, an Affidavit of Eligibility and Liability/Publicity Release and a W-9 tax form to be declared a winner and claim a Prize. Failure to sign and return the foregoing documents within the required time period will result in the Prize being forfeited, and a substitute winner may be selected based upon a random drawing from among all eligible entries received during the Sweepstakes Period.
Uphold is not responsible for delays caused by compliance reviews or circumstances beyond its control.
Cash prizes will be credited in USD to the winner's Uphold account within 30 days of the Sweepstakes end date (April 30, 2026).
General
The participant receiving a Prize is responsible for any costs associated with claiming that Prize. The participant receiving a Prize is solely responsible for the reporting and payment of any and all taxes, if any, that may result from claiming a Prize in this Sweepstakes.
Prizes must be accepted as awarded with no substitutions except at Uphold's sole discretion. Prizes are non-transferrable. Uphold shall bear no responsibility whatsoever for injuries, losses, or damages of any kind that result from acceptance, possession, and/or use of any Prize.
Uphold is not responsible for technical or computer errors, or for late, lost, illegible, damaged, postage due, misdirected, misidentified, or incomplete entries. Participation in the Sweepstakes in any way tampered with, incomplete, illegible, or mechanically reproduced, or submitted by or through fraudulent means, may be disqualified, in the sole discretion of Uphold. This includes any entry that does not comply with these Sweepstakes Terms and Conditions in any respect.
Decisions of Uphold are final on all matters of fact, interpretation, eligibility, procedure, and fulfillment in respect to this Sweepstakes. Uphold reserves the right at any time to withdraw this Sweepstakes or to modify, amend, or supplement these rules, in its sole discretion. These promotional invitations will be sent at random to those users who meet all the other criteria for this Promotion. Only those users who receive the promotional invitation will be deemed Eligible Users.
You agree to abide by and be bound by these Terms and Conditions, and understand that the decisions of Uphold are final in all respects.
Any personally identifiable information collected during an individual's participation in the Sweepstakes, or by Uphold, will be collected and used by Uphold and their agents for the purposes of the proper administration and fulfillment of the Sweepstakes as described in these Terms and Conditions, for compliance with applicable laws, rules, and regulations (e.g., winners lists), and for the purposes set forth in Uphold's Privacy Policy available at https://uphold.com/legal/privacy-policy.
Uphold may cancel, modify, or suspend the Sweepstakes or these Terms at any time where necessary to protect its legitimate business interests or where required by applicable law. Uphold may deny or reverse any Prize granted in error or obtained through abuse, fraud, or manipulation of the Sweepstakes.
Creating multiple Uphold accounts to obtain additional entries is prohibited and will result in disqualification.
Purchasing digital assets involves risk. Nothing in these Terms or the Sweepstakes constitutes investment advice, a recommendation, or a solicitation to buy or sell any asset and participation in the Sweepstakes does not require or encourage any specific trading strategy.
The Sweepstakes ends on April 30, 2026 at 23:59 ET.
Except where prohibited, participants agree that:
- Any and all disputes, claims, or causes of action arising out of or connected with the Sweepstakes or any Prizes awarded shall be resolved individually, without resort to any form of class action, and exclusively by arbitration or alternate dispute resolution, as selected by Uphold, to take place in Marin County, California;
- Any and all claims, judgments, and awards shall be limited to actual out-of-pocket costs incurred in participation but in no event attorney's fees; and
- Under no circumstances will a participant be entitled to obtain awards for and participants hereby waive all rights to claim punitive, incidental, and consequential damages and any other damages, other than for actual out-of-pocket costs, and any and all rights to have damages multiplied or otherwise increased.
Except where prohibited, all issues and questions concerning the construction, validity, interpretation, and enforceability of these Terms and Conditions and the decisions of Uphold in connection with the Sweepstakes shall be governed by and construed in accordance with the laws of the State of California, without regard to conflict of laws doctrine. Should any term or provision of this paragraph or any other rule herein be concluded to be void, unenforceable, or contrary to applicable law, such term or provision shall, but only to the extent necessary to bring the rule within the requirements of such law, be deemed to be severed from the other terms and conditions; and the remainder of these Terms and Conditions shall be given effect as if it had not included the severed item.
For a list of Sweepstakes winners or a copy of these Terms and Conditions, send a self-addressed stamped envelope to: April Uphold $100,000 Sweepstakes Draw, c/o Uphold HQ Inc. 228 Park Ave. S., #600629, New York, NY 10003-1502, with a written request within one year of April 30, 2026 (the end date of the Sweepstakes) (VT residents may omit return postage for rule requests).
Uphold reserves the right to disqualify any user engaging in fraudulent behaviour, rapid account cycling, self-funding (including funding from external accounts owned or controlled by the same individual for the sole purpose of qualifying for this Sweepstakes), or other activity intended to generate fraudulent entries or otherwise manipulate the Sweepstakes.
Use of automated systems or bots to generate entries is prohibited and will result in disqualification.
Promoter
The promoter of this Sweepstakes is Uphold HQ Inc., 90 New Montgomery Street, Suite 412, San Francisco, CA 94105.