Bitstamp

Bitstamp

  • United Kingdom of Great Britain and Northern Ireland

  • Full trading platform

  • Bitstamp.net

  • Since 2018

Bitstamp
In Social Media:
Developed Ease of use,  Enough secure,  Anonymously trading

Volume 24H: $36,292,388

Bitstamp is a cryptocurrency trading platform based in the European Union but intended for worldwide use. With over 5 years of trading experience on the market, Bitstamp is one of the most popular Crypto exchanges in the world, stating that it has over 1 million registered users. Bitstamp was the first Ripple coin gateway and the first partner in Ripple's successful incentive program.

Bitstamp has a lot of features for the end-user, but mainly focuses on 4 major trade markets: BTC, LTC, ETH, and XRP. They also recently added support for Bitcoin Cash. Bitstamp is intuitive to use, with a great UX design, but has lots of features and complex chart views, which makes it not ideal for users who haven't had any previous experience with stock market trading.

Traditional Currency Support

  • Euros (EUR)
  • US Dollar (USD)

Language Support

  • English

Country Support

  • Australia
  • Canada
  • European Union
  • Japan
  • Switzerland
  • United Kingdom of Great Britain and Northern Ireland
  • United States of America

Platforms Systems

  • Web Interface
  • Mobile App
  • API

Partners and integrated software

  • Trezor
  • Ledger Wallet

Stock Market Options

Interface
customisation:

  • Allows customization of charts

Advanced
Options:

  • Limit Order
  • Market Order
  • Stop Order

Discounts For
The Big Traders:

  • Volume based discounts

Bitstamp security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
Yes
Funds Insured
Funds are not insured
Private Keys Stored On
Both
Storage Type
At least 80% of user funds are stored in cold storage

Advanced Security Features:

  • Email Notification of withdrawal

Security Features:

  • SSL
  • Bank Level Encryption
  • Protection from DDoS attackes
  • Regular Auditing Programs
  • PGP/GPG email encryption

Legal Registration or Compliance:

  • KYC/AML Compliant
  • Luxemburg Liscensed Virtual Currency Exchange

Bitstamp is registered in the UK, Luxembourg, and United States. It was founded by Nejc Kodri?, a widely-known member of the Bitcoin community, alongside Damijan Merlak in his native Slovenia. In 2017, Bitstamp raised over $3,5 million from over 400 investors through Bnktothefuture.com. They started in the early days of Bitcoin with just a few computers in their garage.

Summary:

Bitstamp is highly-praised by its users over its transparent fee policy, which varies based on traded volume. This platform is one of the more popular Bitcoin exchanges in the world and stands out as being user-centered, putting emphasis on customer needs. The company received heavy investments in 2017, reaching over 1 million users.

Ease of use
Developed
Transaction Fees
Between 0.10-0.20% depending on volume
Deposit/Withdrawal Fee
It's free (fees may be hidden)
Deposit/Withdrawal Fee c For Bank Transfer
0-0.09%
Deposit/Withdrawal Fee For Credit Card
1.1+
Deposit/Withdrawal Fee Charged For 3rd party Payments
0.1-0.29%
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Deposit from bank account, Deposit using credit card, Deposit using 3rd party, Withdrawl funds to bank account, Withdrawal funds to credit card, Withdrawal funds through a third party, Send/Receive Crypto, Gold Withdrawal

Functionality:

Bitstamp offers users the opportunity to use Sub Accounts, a feature that permits advanced control over trading, allowing users to set aside assets to particular trading purposes. Currently, there is no mobile support for this feature. Bitstamp provides instant trading and supports all major credit cards. They also allow users to set-up SMS price alerts for their selected trading markets.

Most common
customer complaint:

Some users complain on Reddit about problems with the transfer deposits and withdrawals not being credit to their accounts. Also some users complain of a slow verification process.