- 1 Bitstamp Review – Leading European Cryptocurrency Exchange
- 1.1 Key Features
- 1.2 Bitstamp Fees
- 1.3 Pros
- 1.4 Cons
- 1.5 Conclusion
- 1.6 Visit the Official Bitstamp website
- 1.7 FAQ
- 1.8 Visit the Official Bitstamp website
Bitstamp Review – Leading European Cryptocurrency Exchange
Bitstamp went through a lot of shifting as it moved to London in 2013 and then it was relocated to Luxembourg in 2016. Then, NMXH, an investment firm, bought Bitstamp, and the company moved to Belgium. The company is an equally effective exchange for beginners as well as experienced users.
Bitstamp deals in a lot of variations of altcoin, fiat pairs, and bitcoins, and the company grabs the attention with its low-fee option for trades in bulk volumes. The firm was “robbed” in 2014 and 2015 when the company lost more than 19000 bitcoins to hackers in 2015. However, since then, the company is like a safe haven.
The company offers a limited range of cryptocurrencies because they believe in quality rather than quantity, and Bitstamp is a customer-oriented firm. It is one of the best options for people from the European Union who want to trade LTC, XRP, ETH, BTC, or BCH.
Bitstamp Trading Platform
Bitstamp, as mentioned earlier, is a quality-lover that deals in limited products, but the company does it best. Their main strength is their trading platform, which gives them a competitive advantage.
The exchange deals in Bitcoin and few other curated altcoins. To be honest, the company doesn’t have anything “fancy” to show, but their responsiveness and their lightning-quick trading platform does the job nicely.
You can easily make a number of different types of orders, and the list will keep on updating, such as information about limit, market, stop, etc. Moreover, their user-friendly and comprehensive mobile app makes things easier for the users. The app is available for android and iOS users.
The fee for trading, deposits, and withdrawal is lower as compared to the market rates. For instance, you will be charged a 0.05 percent fee in the case of an international bank transfer.
The trading fee depends on your trading volume. If you are trading below $10,000, the trading fee will be 0.05 percent (maximum), and if the trading volume is exceeding 10 million USD, the trading fee will be 0.01 percent. Here is a detailed list of their fee.
- Very Responsive
- A range of T/A tools
- A well-structured exchange tool
- Only deals in crypto trading
The company has been around for a really long time, which allowed them to refine their products constantly. Click here to find more about Bitstamp.
You can be a member of this company the next minute. All you have to do is to sign up and send in some Bitcoins. Your profits start calculating the moment you successfully make a deposit.
How do you buy Bitcoins on Bitstamp?
– Sign up to Bitstamp
– You can buy Bitcoin using cash: you can link your debit/credit card or bank account
– Bitstamp provides a safe environment where customers can exchange a number of cryptocurrencies with each other.
Is Bitstamp safe?
Bitstamp is considered a safe exchange that allows user account protection via the use of Two Factor Authentication (2fa).
How can I withdraw money from Bitstamp?
Bitstamp supports multiple different payment methods. Select the fiat currency you’d like to withdraw and the payment method.
Nejc Kodrič and Damijan Merlak originally started Bitstamp in Slovenia in 2011. The company has been in the crypto market for a decade now, and it was a strong competitor of Mt.Gox back then.
Bitstamp went through a lot of shifting as it moved to London in 2013 and then it was relocated to Luxembourg in 2016. Then, NMXH, an investment firm, bought Bitstamp, and the company moved to Belgium.
The company is an equally effective exchange for beginners as well as experienced users.
💰 BITSTAMP BEST EXCHANGE FOR BUYING & TRADING CRYPTO 💰