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José A Rodríguez photo
Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on Bitstamp by José A Rodríguez

Revainrating 4 out of 5

Reliability, success, and Empowered Trading 

When the exchange system comes to mind, I cannot avoid thinking about those who first support and promote Bitcoin and the greatest altcoins. For that reason, I consider Bitstamp Exchange as one of the most powerful for this task. I like it, especially, for two main reasons: a) It has both a simple and an advanced multi-trading platform, b) It presents great world support with leader countries making its growth.  

Besides, this platform goes through a quality framework that represents the entire company. The interface is updated and organized under the main chat that redirects users to what they are looking for. There's no problem with trading because the system operates 24/7 and everywhere. This means users can complete a transaction just with a click on their cellphones. 

During a week, I've been assessing the way the exchange uploads the prices' rates. It's outstanding how altcoins like XRP, LTC, ETH, or XLM are great leaders to trade. This feature shows confidence at the moment of buying or selling cryptos. Also, BTC shows a high exchange volume, although it has been a little bit volatile.  

I want to grow up as a master in trading, so I also consider this exchange as a way to learn and advance through. It gives you the necessary tools to trade reliably. 

In conclusion, Bitstamp is a trusted exchange. It has implemented many updates in the last months just to offer the greatest financial possibilities. It now supports many other cryptos and payment methods. As a final recommendation, I always suggest thinking twice before trading. Pay attention to trading volume, what cryptos are the most traded, and how much are the fees in comparison to last week of use. You'll never lose your assets if you operate with caution. 



Pros
  • Well-developed trading tools. Ideal for both beginners and advanced traders. The company motivates to set more professional development for institutions and individuals.
  • Easy asset management and account service.
  • Unlimited attention because it can be viewed through mobile apps.
  • Rapid assets buying through debit/credit cards.  
Cons
  • Before starting to trade, users must register all personal information and upload ID documents. The system will not allow you to trade or watch movements if you do not complete the registration process. 

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