Bitstamp

by Bitstamp Ltd

Cryptoexchange that allows trading between fiat currencies and cryptocurrencies.

Bitstamp description

The exchange appeared in 2011, when the cryptocurrency industry was just beginning its development. The project attracted public attention as the first was able to obtain an official European license in 2016. It regulated by the Luxembourg Financial Sector Supervision Commission (CSSF). The company has 3 offices located in different countries: London, Luxembourg and New York.

Trading interface. On the account home page, we see brief information about the trading pair, price, order books and price dynamics. To go to the trading terminal, you need to click the "Tradeview" button, following the link we see a graph of our own development by Bitstamp, on which drawing elements, various indicators (RSI, MACD, etc.) are available. Also, right on the chart, we can enter a trade at the limit or market price and immediately set the necessary stop losses and take profits, which is very convenient.

Safety. Bitstamp is the first crypto-exchange that legally operates in the EU countries, because it received a license from the Luxembourg Commission for the Supervision of the Financial Sector (CSSF), license issued in 2015, number Z00000012. To protect your account, the exchange offers the ability to enable two-factor authentication. Also, the security of the account is increased by verification, on Bitstamp it is mandatory, without it there will be no access to any functions of the exchange, but this is explained by the requirements of European regulators. In the history of the exchange, one hack was recorded, and this was before the license was obtained, so now Bitstamp can be called a safe exchange platform.

Deposit and withdrawal of funds. Bitstamp provides the ability to deposit and withdraw funds in several ways: transfers in cryptocurrency, international transfers, VISA / MasterCard and SEPA. When transferring cryptocurrency, commissions are not charged, in cases with fiat money, the situation is different.

Pros:

  • work experience;
  • EU regulation;
  • the ability to trade fiat currencies;
  • convenient interface.

Cons:

  • few supported currencies and trading pairs;
  • mandatory verification.

Bitstamp features

Exchanges

Check out Withdrawal to bank card Withdrawing money from the account and transferring it to a bank card 0
Forms of trade: Spot trading 1
Check out Transaction protection Protection of transactions from scam and other types of incorrect actions 1
No Currency converter Currency converter integrated into the exchange 0
Available markets: BTC, BNB, FIAT, ETF 2
No Listing Ability to place your own cryptoservices on the exchange 0
Reviews

Excellent

Recommend

Bitstamp is a cryptocurrency exchange platform that has been established since 2011, making it one of the most reputable and advanced digital currency exchange platforms in the crypto space. Bitstamp is reliable, there are no insiders that Kraken and Poloniex sin about. The exchange is official, registered in the EU, but there are no problems with access to it, you can safely trade from anywhere in the world. There are few pairs here, the main BTC / USD, trading is mainly focused on it, but the quotes are good. Exchange protection is good, 2FA and verification. Actually, the trading interface is good, all the information about the selected pair with the chart.