Back

Uphold $100,000 Monthly Sweepstakes Official Sweepstakes Rules

Last updated Apr 28, 2026

NO PURCHASE NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED.

Please read these Sweepstakes terms (the “Sweepstakes Terms and Conditions”) carefully for important information about your rights and obligations in Uphold $100,000 Monthly Sweepstakes (the “Sweepstakes”). The Sweepstakes are administered by Uphold HQ Inc. (together with its affiliates, “Uphold”). The purpose of the Sweepstakes is to reward Eligible Users (as defined below) who make their Eligible Trades (as defined below) on the Platform (as defined below).

Uphold.com is a platform providing various products and services to global customers, which are subject to different laws and regulations in different jurisdictions. By making the Program available on Uphold.com and/or any other Uphold websites and applications, including but not limited to mobile applications (collectively, the “Platform”), Uphold is not making, and shall not be regarded as having made or intended to make, an invitation or inducement to you to invest in any Uphold products or services.

These Sweepstakes Terms and Conditions (as updated from time to time) govern your access to and participation in the Sweepstakes, and form a legally binding agreement between you (hereinafter referred to as “you” or “your”) and Uphold (hereinafter also referred to as “us,” “our,” or “we”).

By accessing, using, or attempting to use the Sweepstakes in any capacity, and/or by clicking on “I agree” to accept any Uphold products or services provided by Uphold in connection with this Sweepstakes, you acknowledge and agree that: (a) you have read, understood, accepted, and agree to be bound by these Sweepstakes Terms and Conditions, your Uphold User Agreement (the terms of which shall be fully incorporated by reference into these Sweepstakes Terms and Conditions), and our Privacy Policy accessible on the Platform; (b) you are aware of, and shall assume all risks associated with transactions involving cryptoassets; and (c) Uphold shall not be liable for any such risks or adverse outcomes relating to the same.

Who Can Enter

The Sweepstakes are open only to natural persons who (each, an “Eligible User”):

  • Are legal residents of the United States, excluding New York and Florida, and any other jurisdiction where 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 opted in via the Uphold app or 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, its agencies, and members of their respective immediate families are not eligible to participate in the Sweepstakes. Limit one (1) entry per person and one (1) prize per household per Sweepstakes Period.

How the Sweepstakes Works (Recurring Monthly)

This is an ongoing monthly Sweepstakes. Each calendar month constitutes a new “Sweepstakes Period.” The first Sweepstakes Period will commence on May 1, 2026 at 00:00 ET. The last Sweepstakes Period (and thus the Sweepstakes generally) will end on December 31, 2026 at 23:59 ET unless Uphold otherwise agrees to extend.

The Reset: At 00:00 ET on the first day of each new calendar month, a new Sweepstakes Period begins and all prior entry counts, unique day tallies, and milestone progress reset to zero.

Entries earned in one Sweepstakes Period do not carry over to subsequent Sweepstakes Periods.

Opt-In

For Traders: You must complete the opt-in process via the Uphold app or email to be eligible to earn entries via trading. Any Eligible Trades executed during the month prior to opting in will be credited to your total once the opt-in is completed.

For AMOE Participants: Submitting a mail-in entry as described in Section 4 constitutes your agreement to these Terms and acts as a valid opt-in for that Sweepstakes Period. You do not need to opt in via the app if you are only entering via mail.

There are no bonus entries awarded solely for the act of opting in.

Eligible Trade Entries (Base Entries)

Eligible Users earn one (1) Base Entry for each individual Eligible Trade of $10 or more (inclusive of fees). See “Eligible Trades” below for definition.

Multiple trades under $10 will not be aggregated to form an entry.

Multipliers & Milestone Bonuses

To reward consistency and frequency, each Sweepstakes Period, total Base Entries are subject to exponential multipliers as follows:

Daily Trade Multiplier: Total Base Entries are multiplied by the number of unique calendar days on which the Eligible User executed at least one (1) Eligible Trade during a Sweepstakes Period (each, a “Unique Trading Day”).

Milestone Bonuses: Where the number of Unique Trading Days meets any of the following thresholds, the Eligible User will unlock an additional multiplier on their total entry stack as follows:

  • 5 Unique Trading Days: 2x Milestone Bonus
  • 10 Unique Trading Days: 3x Milestone Bonus
  • 15 Unique Trading Days: 6x Milestone Bonus
  • 20 Unique Trading Days: 12x Milestone Bonus
  • 25 Unique Trading Days: 36x Milestone Bonus

Illustrative Example (The 25-Day Path)

To clarify how Base Entries and multipliers interact:

A participant who executes one (1) $10 Eligible Trade on 25 unique days during a Sweepstakes Period will receive entries for that Sweepstakes Period as follows:

  • Base Entries: 25 Total (1 Eligible Trade per day × 25 days).
  • Daily Trade Multiplier: 25x (for 25 Unique Trading Days of activity).
  • Milestone Bonus: 36x (by virtue of reaching the 25 Unique Trading Days milestone).

The Calculation:

25 Entries (Base Entries) X 25 (Daily Trade Multiplier) x 36 (Milestone Bonus) = 22,500 Total Entries

In this scenario, because the participant reached the 25-day Milestone Bonus, their final entry count is 900 times larger than a participant who made a single $10 trade on a single day during the Sweepstakes Period.

Eligible Trades

An “Eligible Trade” is defined as 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).

The following activities do not qualify as an Eligible Trade and are therefore excluded from the Sweepstakes:

  • Purchases of fiat (e.g. USD → GBP, BTC → USD);
  • Withdrawals to external wallets, banks, or cards.
  • Reward programs (including but not limited to staking, referrals, card cashback, and ACH recoupments).
  • Purchases of Stablecoins (e.g., USDT, USDC, DAI) or trades involving BAT.
  • Transfers or swaps of the same asset (e.g., BTC → BTC).
  • Automated trades executed through Trailing Stop or Take Profit.
  • Cancelled, reversed, or chargeback-affected trades.

No Purchase Necessary (AMOE)

To enter a Sweepstakes without making a trade, an Eligible User may submit a legible, handwritten postcard with your: Full legal name, address, phone number, Uphold account email, and the phrase: “[Current Month] [Year] Uphold $100,000 Sweepstakes Entry.”

Mail to: Uphold $100,000 Sweepstakes Entry, c/o Uphold HQ Inc., 228 Park Ave. S., #600629, New York, NY 10003-1502.

Any postcard sent to any other Uphold mailboxes could disqualify you from the competition.

Parity: Each unique postcard properly completed and postmarked during a Sweepstakes Period will count as one (1) Unique Day and one (1) Base Entry.

Mailing Requirement: To ensure parity with the “Unique Day” requirement for traders, each postcard must be mailed separately. Multiple postcards mailed in a single envelope or bearing the same postmark date will be treated as a single Unique Trading Day (1x multiplier).

Deadlines: Mail-in entries must be postmarked by the last day of the Sweepstakes Period and received by Uphold no later than seven (7) days after the end of said month to be eligible.

Multipliers: Total valid postcards are multiplied by the number of unique postmark dates (the Daily Trade Multiplier) and subject to the same Milestone Bonuses (the Milestone Bonuses).

Illustrative Example (The 25-Day Path)

An AMOE participant who properly delivers 25 unique postmarked postcards during a Sweepstakes Period will receive entries for that Sweepstakes Period as follows:

  • Base Entries: 25 Total (25 total postcards).
  • Daily Trade Multiplier: 25x (for 25 Unique Trading Days).
  • Milestone Bonus: 36x (by virtue of reaching the 25 Unique Trading Days milestone).

The Calculation:

25 Entries (Base Entries) X 25 (Daily Trade Multiplier) x 36 (Milestone Bonus) = 22,500 Total Entries

In this scenario, because the participant reached the 25-day Milestone Bonus, their final entry count is 900 times larger than a participant who delivered a single valid postcard on a single day during the Sweepstakes Period.

Sweepstakes Prizes (for each Sweepstakes Period)

For each Sweepstakes Period, 1,111 Winners will be selected via random drawing to win the following prizes:

  • One (1) Grand Prize: $50,000
  • Ten (10) Prizes: $1,000 each
  • One Hundred (100) Prizes: $100 each
  • One Thousand (1,000) Prizes: $30 each

Limit one (1) prize per Uphold account per Sweepstakes Period. Total ARV per Sweepstakes Period: $100,000.

Winner Selection & Notification

Uphold will use reasonable efforts to notify winners on or about the 8th day of the next Sweepstakes Period. Except where prohibited, potential winners may be asked to sign and return an Affidavit of Eligibility and Liability/Publicity Release and W-9 form within seven (7) days of notification or the prize may be forfeited and a substitute winner may be selected based upon a random drawing from among all eligible entries received during the Sweepstakes Period. Prizes are credited in USD to the winner’s Uphold account within 30 days of the Sweepstakes Period’s end.

General Conditions

Uphold reserves the right to disqualify users engaging in “wash trading” (repeated offsetting trades for the sole purpose of generating entries), self-funding, or use of automated bots. 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.

Uphold reserves the right to modify, suspend, or terminate the monthly recurring nature of this Sweepstakes at its sole discretion.

Uphold is not responsible for delays caused by compliance reviews or circumstances beyond its control.

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 these Sweepstakes.

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.

Risks

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. Past performance of any cryptocurrency is not indicative of future results. These Sweepstakes do not constitute financial, investment, or legal advice. You should consult a qualified financial advisor before making investment decisions.

To learn more about cryptoasset investment risks, click the link here.

Disputes

Except where prohibited, participants agree that:

(1) 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;

(2) 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

(3) 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.

Promoter

The promoter of this Sweepstakes is Uphold HQ Inc., 90 New Montgomery Street, Suite 412, San Francisco, CA 94105.

For a list of Sweepstakes winners or a copy of these Terms and Conditions, send a self-addressed stamped envelope to: Uphold $100,000 Monthly Sweepstakes, c/o Uphold HQ Inc. 228 Park Ave. S., #600629, New York, NY 10003-1502, with a written request within one year of the end of your Sweepstakes Period(s) (VT residents may omit return postage for rule requests).