Review on Bitstamp by Aniruddh Ravel

Name: Bitstamp
Item: Bitstamp
Rating: 5

June 19, 2019

First premium exchange provide trading at low fiat fees

Bitstamp and cryptocurrency go way back to 2011, long before Bitcoin was a household name. Back them, the crypto landscape looked much different than it does today. Namecoin, the very first altcoin, was introduced this year, and the practically newborn Bitcoin was just starting to be traded in informal ways.

Bitstamp was, therefore, a prescient effort on the part of its creators, and its enduring place in the cryptosphere is a testament to the hard work that has gone into achieving this longevity. Today, Bitstamp is an easy way to buy foundational currencies (Bitcoin, Ethereum, Litecoin, Ripple, and Bitcoin Cash) with fiat currencies US Dollars and Euros.
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Bitstamp plays very big role in us
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Right now, there aren’t many places online where you can trade US Dollars and Euros for cryptocurrencies, at least not very easily. The major exception is Coinbase, which accepts fiat currency for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum. However, Coinbase is so swamped with demand, both from new and existing users, that they often can’t take on new clients. 

So where does that leave you, the user who has never done this sort of thing before? There are some smaller exchanges that accept USD, like Changelly. Or you could sign up with one of the oldest and most trusted crypto entities in the game: Bitstamp. Bitstamp fees (0.25%) are reasonable and their service is well known. But there are more reasons that they are important. 

Bitstamp is headquartered in Luxembourg. This leaves them outside of the American government’s jurisdiction, the same American government who has subpoenaed records from American exchanges Coinbase and Bittrex. 
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Pros

Oldest and trusted way to buy crypto
Easy account creation
Huge traders and huge volume

Cons

Not worldwide, All userbase from us,
You cannot complete your Bitstamp deposit with Paypal. The standard bank and credit/debit card Bistamp deposit methods are the only available options.