Review on Bitstamp (Ripple Gateway) by Kadir Akar
Bitstamp exchange REWEİW
Bitstamp (Ripple Gateway) is a cryptocurrency exchange that is not considered very good in terms of volume. claims that 98% of assets are protected in cold wallets. There is no information that they are covered by insurance, but they are kept safely.
you can easily deposit and withdraw money, you can withdraw and deposit directly into your bank account in cash.
It is not much different from an ordinary stock exchange. It can work on both web and mobile devices with many transaction volumes.
The trading and transaction fees are very high, starting at around 0.50%, this rate is too high if you are buying in large quantities compared to your competitors, there are lower rates, but even that is high.
I have never used this exchange unless I need it. Its interface is simple, but it is far behind its competitors.
Pros
- simple interface website and mobile app support
- keeping assets in cold wallet
- Ability to buy crypto with credit card
Cons
- transaction fees are too high
