Uphold VIP Asset Consolidation Program Terms

Geographical restrictions apply.

Effective Period: April 1st, 2026 – April 30, 2026.

Acceptance and Modification of Program Terms

Please read these program terms (the “Program Terms”) carefully for important information about your rights and obligations in the Uphold VIP Asset Consolidation Program ("Program"). The Program is administered by Uphold HQ Inc. (together with its affiliates, “Uphold”).  The purpose of the Program is to reward Eligible Participants who make a Qualifying Transfer onto the Platform. This Program is exclusively available to verified Uphold VIP Tier 1 & 2 users.

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 Program Terms (as updated from time to time) govern your access to and participation in the Program, 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 participating in the Program, you acknowledge and agree that: (a) you have read, understood, accepted, and agree to be bound by these Program Terms, your Uphold User Agreement (the terms of which shall be fully incorporated by reference into these Program Terms), 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.

Uphold reserves the right to cancel, suspend, or extend the Program at any time, with or without prior notice, at its sole and absolute discretion. Any changes or amendments to these Program Terms will be effective as of the “Last Revised” date referred to at the top of this page. In this regard, you agree to regularly refer to these Program Terms and any other announcements that Uphold may make from time to time, through such communication channels as Uphold may deem fit. Uphold shall bear no responsibility whatsoever for any losses or damages of any kind that may result from the suspension, modification or early termination of this Program.

Unless expressly defined in these Program Terms, or where the context otherwise requires, all words and expressions used in these Program Terms shall have the same meaning as defined in your User Agreement. For clarity, “Uphold Services” as defined in the User Agreement shall include your participation in this Program. In the event of any conflict between these Program Terms and the User Agreement, the provisions in these Program Terms shall prevail.

Eligibility & Participation Requirements

This Program is exclusively open to verified Uphold VIP Tier 1 & 2 users who are a legal resident of the United States, residing in a state in which Uphold is duly licensed and legally authorized to operate and offer this Program (excluding New York, Florida, and any other jurisdiction where this Program is prohibited by applicable law) (“Eligible Participants”).

To participate in the Program, an Eligible Participant must complete the following three (3) steps:

• Click "Opt In" via the typeform before initiating a Qualifying Transfer; 

• Complete a Qualifying Transfer during the Accumulation Period. A “Qualifying Transfer” is defined as an Eligible Participant’s transfer of any Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), or Hedera (HBAR) (collectively, the “Eligible Assets”) held in an existing account on a third-party exchange or wallet into an Uphold Account; and

• Hold the NED of each Qualifying Transfer on the Platform for the duration of the Accumulation Period and the Holding Period.

Rewards; Reward Cap

Subject to the Reward Cap below, Eligible Participants who meet the Program requirements will earn a bonus (the “Reward”) equal to 3% of their NED of each Qualifying Transfer, payable in the same native asset as the deposit (e.g., BTC deposits earn BTC rewards) or, in the Eligible Participant's discretion, payable in fiat.

To prevent "wash-trading" or "fund recycling," Rewards for each Qualifying Transfer are calculated based on the Net Eligible Deposit (“NED”) of such Qualifying Transfer as follows.

• The Formula: NED = (Total Eligible Assets transferred into the Uphold Account during the Accumulation Period) – (Total Assets of any kind transferred out of the Uphold Account during the Accumulation Period and Holding Period).

• Valuation: For each Reward calculation, the USD value of the deposit is fixed at the timestamp of the final on-chain confirmation on the Platform.

The maximum Reward available under the Program for each Eligible Participant shall not exceed the Reward cap (“Reward Cap”) of one million U.S. dollars (USD $1,000,000) per Eligible Participant. 

The Accumulation Period

The Program began on April 1st, 2026 at 12:00 AM ET and ends on April 30, 2026 at 11:59 PM ET (the “Accumulation Period”).

Any Qualified Transfer executed during the Accumulation Period but before the Eligible Participant opts into the Program will count toward the Eligible Participant’s Reward accrual. 

The 90-Day Holding Period

• Commitment: The NED must remain on the Platform for a minimum of ninety (90) consecutive days following the end of the Accumulation Period (such period, the “Holding Period”). This means that the entire NED must remain on the Platform throughout the Holding Period for the Eligible Participant to receive their Reward. 

• Trading vs. Withdrawal: Eligible Participants may trade their deposited Eligible Assets for other supported assets within the Platform without disqualification. However, any withdrawal of Eligible Assets to an external wallet or third-party exchange that reduces the total NED prior to such withdrawal will result in immediate ineligibility for or forfeiture of the Reward.

Distribution of Rewards

• Timeline: Rewards will be calculated at the end of the Holding Period and credited to the Eligible Participant’s account within ten (10) business days thereafter (on or around Day 100). Reward timing may vary depending on operational or financial processing constraints. Uphold is not responsible for delays outside its control. 

• Finality: Once credited, Reward tokens/fiat are fully unlocked and may be traded or withdrawn immediately.

Reward Limitations

• Rewards are usable as trading credit to make additional purchases of cryptoassets or stablecoins on the Platform. 

• Rewards have no cash equivalent and may not be transferred, sold, or exchanged outside of the Platform except in accordance with standard platform trading terms. 

• Rewards may not be combined with any other Program offer unless explicitly stated. Uphold is not responsible for any fluctuation in asset value following Reward delivery.

• Any Qualifying Transfers made after your Rewards Cap is reached will not accrue Rewards. 

• Uphold reserves the right to withhold, reverse, or reclaim a Reward where it reasonably suspects abuse, fraud, gaming or failure to comply with these Program Terms.

Disclaimers & Risk Warning

• No FSCS Protection: Cryptoassets are unregulated in many jurisdictions. You should not expect protection from the Financial Services Compensation Scheme (FSCS) or similar ombudsman services.

• Volatility Risk: You acknowledge that the USD value of your assets may fluctuate significantly during the 90-day Holding Period. Uphold is not liable for any market-driven loss of value.

• Taxation: You are solely responsible for any tax reporting or payments required in your jurisdiction as a result of receiving this bonus.

• Modification: Uphold reserves the right to cancel or amend the Program at any time due to suspected fraud, technical issues, or extreme market volatility.

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

General Acknowledgements

By participating in the Program, you acknowledge that Uphold shall not be responsible for any risks, losses, or adverse outcomes resulting from the inherent volatility of cryptoassets or from your participation in this Program.

Uphold shall bear no responsibility whatsoever for injuries, losses, or damages of any kind that result from acceptance, possession, and/or use of any Reward.

Uphold is not responsible for technical or computer errors, or for late, lost, misdirected, misidentified, or incomplete entries. Participation in the Program 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 Program Terms in any respect.

By participating in the Program, Eligible Participants agree to abide by and be bound by these Program Terms, and understand that the decisions of Uphold are final in all respects. These Program Terms are in addition to, and do not supersede, Uphold's general Terms of Service and Privacy Policy.

Uphold's failure to enforce any provision of these Program Terms shall not constitute a waiver of that provision.

Any personally identifiable information collected during an individual's participation in the Program, or by Uphold, will be collected and used by Uphold and their agents for the purposes of the proper administration and fulfillment of the Program as described in these Program Terms, for compliance with applicable laws, rules, and regulations (e.g., winners lists), and for the purposes set forth in Uphold’s Privacy Policy.

This Program is a rebate-style incentive tied to a qualifying transaction and is not a sweepstakes, contest, or game of chance.

Limitation of Liability

To the fullest extent permitted by applicable law, Uphold shall not be liable for:

• Any failure of the Program due to technical errors, system outages, or circumstances beyond Uphold's reasonable control;

• Any taxes, fees, or charges incurred by participants in connection with the Rewards;

• Any losses arising from fluctuation in the value of an asset during the Accumulation Period, Holding Period or following Reward issuance;

• Any indirect, incidental, or consequential damages arising from participation in this Program.

Governing Law and Dispute Resolution

Except where prohibited, all issues and questions concerning the construction, validity, interpretation, and enforceability of these Program Terms and the decisions of Uphold in connection with the Program 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 Program Terms shall be given effect as if it had not included the severed item.

Any and all disputes, claims, or causes of action arising out of or connected with the Program or any Rewards 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.

Under no circumstances will you be entitled to obtain awards for, and you 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.

Contact

For a list of Reward winners or a copy of these Program Terms, send a self-addressed stamped envelope to: Uphold VIP Asset Consolidation Program, c/o Uphold HQ Inc., 228 Park Ave. S., New York, NY 10003-1502, with a written request within one year of the Program close date (VT residents may omit return postage for rule requests).

The promoter of this Program is Uphold HQ Inc., 80 East Sir Francis Drake Blvd., Ste. 3E, Larkspur, CA 94939.