Yes, absolutely! There is a 500MB maximum limit per file. However, the device and the type of camera resolution of the video will also affect the size of what can be uploaded. Longer videos can certainly be uploaded but, the recommended video length is approximately 1 minute long and so the 500MB data limit will be more than sufficient for uploads.
Top tip! If the file is of a bigger size, it will in turn take a little longer to upload.