Review on Bitstamp by Syed Adnan
It is considered one of the oldest cryptocurrency exchanges around.
This is by far one of the most trusted and secure cryptocurrency exchanges. The fees they charge are reasonable and the choice of crypto is fairly modest. The fact that the exchange accepts Fiat currency is a major draw for many people who want to trade cryptocurrency.
They take the security of its exchange very seriously. Most of the exchange funds are now stored in cool storage and its customers wallets are protected by 2-factor authentication. But if you do not have any prior experience in cryptocurrency trading, you may find the platform somewhat confusing.
Pros
- Great exchange with advanced trading platform.
- Bank wire transfers and bank deposits supported.
- Wide range of altcoin is available on the platform.
- High liquidity with low fees on the platform.
- Good thing is this is a regulated exchange.
- Support credit, debit cards transactions also major fiat currencies.
Cons
- Complicated kyc process.
- Long waiting period for account verification.
