Bitstamp Review

Bitstamp Review

About

Bitstamp is a European based cryptocurrency exchange.

Bitstamp has been around since the very first generation of bitcoin exchanges and have grown and seen a lot since the inception.

Bitstamps exchange HQ is located in London with it’s Office located in New York.

 

Getting Started / Verification

Like most exchanges it’s super simple to sign up with Bitstamp, account verification however is another story.

Personally, my account was verified very quickly however recently I have stories of verification taking up to 2 months!

 

Trading

Bitstamp has some good volume and offers the standard trading functionalities like market buy and market sell.

Additionally it offers Trailing Stop Orders and Limit orders.

 

Coin Support

Bitcoin

Bitcoin Cash

Ethereum

Litecoin

Ripple

 

Fees

ALL TRADING PAIRS (CUMULATIVE)
Fee % 30 days USD volume
0.25% < $20,000
0.24% < $100,000
0.22% < $200,000
0.20% < $400,000
0.15% < $600,000
0.14% < $1,000,000

Conclusion

Bitstamp is a great exchange that has been around for a very long time.

It has a proven track record for security and reliability, in fact when the exchange was hacked in 2015 and lost over 5 Million Dollars’ worth of coins, they ensured this did not impact customers and repaid the coins from their profits.

 

Leave a reply