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Review on Bitstamp by Inioluwa Okedeji

Revainrating 4 out of 5

Bitstamp: One Of The Oldest Exchange In Existence, Equipped With Specific Interface For Both Expert And Novice Traders.

Bitstamp is a cryptocurrency exchange platform that has been in inception since 2011 and this makes the platform one of the most reputable and advanced digital currency exchange in the cryptospace.
As one can see from the date of establishment that the exchange has been operating for close to a decade now, the platform has proven in that period of time that it's a reliable exchange when it comes to cryptocurrency trading.
In terms of accessibility of the platform, the bitstamp exchange is accessible from anywhere around the world and there are no restrictions whatsoever on what countries and points users can have access to the exchange.
Among all other features of the bitstamp exchange platform, the exchange supports trading and transactions in both fiat currencies and cryptocurrencies.
As we know that the security of a project is paramount to the success of such project, the bitstamp exchange have security measures in place to protect the platform. An example is the 2-factor authentication method that is put in place to secure the exchange's assets and customers accounts.
Apart from all the above features of the bitstamp exchange there is one more interesting feature that makes it easy for both expert, professional traders and newbies to trade without any issues. The platform features an effective mobile application that distinguish between the advanced, cutting edge, analytical tools for experts and simple buy and sell interface for novice. This feature isn't to show bias of any kind but it is to make trading easy for all users of the platform because we all know that all fingers aren't equal.
Personally, the bitstamp exchange is a nice exchange and it is highly recommendable platform for both novice traders and expert traders.



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.

Comments (1)

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November 22, 2022
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