Review on Bitstamp by Sheila Cova
Bitstamp
Bitstamp is an Exchange that allows the exchange of some cryptocurrencies with fiat money, it has developed a respected, reputable and trustworthy service. It was one of the first exchangers originally created to trade Bitcoin, competing with the then popular Mt.Gox. Bitstamp's European base has made it a powerhouse in the cryptocurrency industry, and the platform knows what it's doing in regards to Blockchain. It has overcome the most difficult moments of the long road traveled by Bitcoin and has improved thanks to it. Bitstamp service is best suited for someone with a little bit of crypto experience.
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Pros
- The Bitstamp platform is available worldwide, with locations in Luxembourg, the United Kingdom, and the United States.
- It continues to absorb a significant minority of new clients entering cryptocurrency markets.
- It is considered one of the safest platforms for buying and selling cryptocurrencies.
Cons
- Its platform is not the best for people with little experience
- When the deposit amounts are small, the commission can leave you without profits
- It has limited payment methods, only accepts SEPA and bank transfers.
- It does not have many altcoins, currently it only accepts three digital currencies
