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13.5 Karma

Review on Bitstamp by Half Life

Revainrating 4 out of 5

The safest exchange

One of the oldest crypto exchanges is Bitstamp, the smooth user interface attract all kind of traders. Both short term and long term traders have the exchange accounts on Bitstamp. The safety of funds is at high levels, the Bitstamp managers have a past background. The withdrawals can be reviewed with a sent link on the email and there are no issues as "fat finger", thanks to Bitstamp's 2FA. The Bitstamp Android application is very fast and there is no lag between orders and trades. I recommend Bitstamp to the crypto users who haven't used it yet.

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Pros
  • The low withdrawal fees
  • Manual confirmation of withdrawals with email link
Cons
  • High trading fee-0.5%
  • Illiquid markets
  • Lack of altcoin to altcoin trades

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