Pros
- Strong Reputation
- advanced
- Low Trading Fees
Cons
- high exchange fee
- mobile app problems
Bitstamp Review
52
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Followers 1
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Very good
Rating
4.0
Crypto Exchanges
Description of Bitstamp
What Is Bitstamp?
Founded in 2011, Bitstamp is one of the longest-standing and most regulated centralized crypto exchanges(CEXs), serving more than 4 million customers worldwide in over 100 countries.
Whether users want to trade on their web platform, mobile app, or APIs, Bitstamp provides a convenient and easy-to-use access to crypto. They take special pride in the fact the exchange has been built on security, transparency and regulation, which is reflected by their AA rating as the world’s top-rated crypto exchange in CryptoCompare’s Exchange Benchmark report.
Bitstamp customers have access to up to 80 digital assets and do not charge trading fees on the first $1000 in trading volume over a 30-day rolling period. Customers can use debit or credit cards, ACH transfers, Apple Pay, Google Pay, PayPal and international bank transfers to purchase cryptocurrencies. Crypto beginners can get started with the help of a wide range of educational resources on Bitstamp’s Learn Center, intuitive features on trading platforms, and a 24/7/365 live support service. For more advanced traders, the exchange offers competitive trading fees, Tradeview, an enhanced version of the platform with advanced trading tools, and a crypto reward program with staking - Bitstamp Earn.
Bitstamp holds 50 licenses and registrations globally. It was the first crypto exchange to receive a Payment Institution License in the EU, holds a BitLicense in New York, and undergoes regular audits by a global Big Four accounting firm. 95% of crypto held at Bitstamp is securely stored offline and their custodians hold additional insurance for client assets in cold wallets. Bitstamp also holds all customer assets in 1:1 custody and separate from Bitstamp entity assets. All this forms the basis of the principle they operate in accordance with – the customers’ crypto is always theirs.
Who Are the Bitstamp Founders?
Bitstamp was founded in Kranj, Slovenia, by Damian Merlak and Nejc Kodrič in August 2011. In 2018, NXMH, a Brussels-based holding company with more than €2 billion of assets under management, acquired 80% of the Bitstamp shares. NXMH focuses on long-term private equity investments in leading European companies with strong potential for international expansion.
Damian Merlak graduated from the University of Ljubljana, Slovenia, with a degree in Computer and Information Science. After starting his career as a software developer, he served as Bitstamp’s CTO until 2015 and director until 2018. Nejc Kodric obtained degrees in Economics and Information Science from the University in Kranj, Slovenia. Prior to launching Bitstamp, he co-founded a computer hardware and IT consulting firm.
Today, Bitstamp is led by a highly experienced team of 7 compliance-driven professionals with extensive backgrounds in both traditional and decentralized finance.
##When did Bitstamp Launch?
Bitstamp was founded and launched in 2011.
Where Is Bitstamp Located?
Bitstamp has offices in Luxembourg, Singapore, Slovenia, the UK and the USA.
Bitstamp Restricted Countries
Bitstamp’s services are available in over 100 countries, although some features might be restricted in certain areas.
What Coins Are Supported on Bitstamp?
Bitstamp lists up to 80 carefully handpicked cryptocurrencies, including BTC, ETH, LTC, XRP, USDT and USDC and more.
How Much Are Bitstamp Fees?
For all trading pairs, fees are charged on a maker-taker model and based on 30-day trading volume. In their strive to make crypto accessible to all, Bitstamp has no trading fees for the first $1,000 in trading volume over a 30-day rolling period. For trading volumes under $10,000, the maker-taker fees start at 0.3% to 0.4% and decrease as trading volume increases. The trading fees on fiat/stablecoin trades are 80% lower than on all other crypto pairs.
For staking, the exchange charges a flat 15% commission on the rewards. For the latest and complete list of fees please refer to Bitstamp’s Fee Schedule.
Is It Possible To Use Leverage or Margin Trading on Bitstamp?
No, Bitstamp does not yet offer leverage or margin trading.
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Pros
- Bitstamp is available for use anywhere in the world.
- Supports trading and transactions in Fiat currencies.
- Both are equipped with modern security systems, such as security systems.
- There are various interfaces for professional investors and other guys who make shopping easy and convenient for users.
Cons
- They were seriously injured.
- Trade fees are high.
Pros
- Good
Cons
- No problems
Pros
- liquidity index
- Easy interface
- Reliable
Cons
- complex
Pros
- It offers a simple buy/sell user interface
- Low transaction fee
Cons
- No negative aspect so far
Pros
- Provide various security factors
- a fantastic platform with a proven track record in the industry
Cons
- no negative
Pros
- It is easy to use
- Its highly secure platform
- Its widely use across the world
Cons
- Its payment methods are limited
Pros
- It has extraordinary interface for each expert investors and rookies in different to make buying and selling sports less complicated and snug for customers.
- It is secured via way of means of tremendous protection structures together with the 2fa protection system.
- It helps buying and selling and transactions in fiat currencies.
- Bitstamp is obtainable for utilization from everywhere round the sector.
Cons
- None
Pros
- The exchange has a good security system
- Nice trading interface
- Responsive support team
- Affordable fees
- It is popular
Cons
- None
Pros
- With a good user rating and transparency, it now works for a very long time
- Bitstamp is one of the most influential trading platforms on the market.
- Unlimited attention because it can be viewed through mobile apps.
- Uses cold storage
- It uses KYC and AML rules to verify
Cons
- This platform only allows you to trade.
- We need to work on customer support
Pros
- safety
- mobile apps
Cons
- nothing
Pros
- security
- customer service
Cons
- nothing
Pros
- The payment is quick and precise
- Awesome web design
Cons
- It is limited
Pros
- Low fees
- Very fast and easy
Cons
- Weak support
Pros
- The exchange platform has been able to employ numerous security features after the hacks they suffered
- Their interface is okay
- They accept a fairly nice number of cryptocurrencies
- Accepts the deposits of fiats and the trading of some fiats
Cons
- Have suffered many hacks
- Their trading fee is high
Pros
- Bitstamp is accessible for usage from anywhere around the world.
- It supports trading and transactions in fiat currencies.
- It is secured by top notch security systems such as the 2fa security system.
- It has different interface for both professional traders and newbies in other to make trading activities easier and comfortable for users.
Cons
- I can't point out any demerit to the exchange at the moment.
Pros
- High security
- Can be used by everyone
- We make a profit while trading
- They ask for code every time they log in
- We can register with certain documents
Cons
- no
Pros
- It is one of the oldest, popular and recognized exchanges in the cryptocurrency industry. It will allow us to buy cryptocurrencies using fiat money. We can finance our accounts with credit card and bank transfer. It is well designed and complemented for use. Relatively low cost rate system. Always-responsive customer service and detailed FAQs on the Exchange home page.
Cons
- The mobile app is very different from the main website. Complicated for beginners to use, it is very advanced. It only provides access to established cryptocurrencies.
Pros
- The long history of this exchange compared to other exchanges
- In 2015, a major hack of this exchange took place, but after a few months, all the hacked amounts were returned to the users' accounts, which increased the exchange's credit. aā Translations of a- PrefixFrequency غیر un-, anti-, a-, ab- Definitions of a Article 1 used when referring to someone or something for the first time in a text or conversation. a man came out of the room Abbreviation 1 (in travel timetables) arrives. Penzance a 0915 1 acceleration. 4 more definitions Examples of a she's a Kennedy on her mother's side 5 more examples
Cons
- It has had about $ 250 million in daily trading volume in the last 24 hours, which is a small amount compared to being one of the oldest
- Many popular altcoins not listed on bitstamp
Pros
- Has a very good security system with high percentage of it asset stored offline
- Operating for very long now with good user rating and transparency
- Support multiple method of deposit and withdrawal compatible to various mobile device
- Support multiple crypto and fiat currency
- Basically used for making exchange and other transaction
Cons
- Non for now
