Are you looking for a reliable and secure platform to trade cryptocurrencies? Look no further than Bitstamp. With its user-friendly interface, robust security measures and extensive range of available cryptocurrencies, Bitstamp offers a trustworthy trading experience for both beginners and experienced traders alike. In this review, we’ll cover the basics of Bitstamp including its pros and cons, fee schedule, services and more. Let’s get started!
Bitstamp At a Glance
Minimum Trade | None; $10 minimum to trade |
Listed Cryptocurrencies | 50+ |
Deposit fees | Depends on the currency involved |
Mobile App | Mobile app is available |
Customer Service | 24/7 Phone, email and chat |
Location | London |
Bitstamp is one of the longest-standing crypto exchange where you can buy and sell cryptocurrencies including Bitcoin, Ethereum and many more. People of USA and Europe use this trusted platform to trade their digital assets.
Bitstamp: Pros and Cons
Let’s review a few Bitstamp Pros and Cons:
Pros | Cons |
Powerful trading platform | High trading fees |
Simple user interface | Missing major cryptocurrencies |
24/7 customer support | Hacked in 2015 |
Highly rated mobile app | No margin trading |
Support multiple fiat currencies | Slow verification process |
Earn reward with crypto staking | |
Offer wide range of charting tools | |
Support Credit and Debit card transactions |
Top Perk of Bitstamp
Bitstamp has some exciting features. Let’s take a look at the key attributes:
Easy to Use
Trading cryptocurrency on Bitstamp is easy to learn. It has a simple platform where you can quickly figure out how to buy and sell digital money. But if you’re are a beginner, then Bitstamp is perfect for you because it is easier to use.
Highly Rated Mobile App
Having a great mobile app is a major advantage. Because it lets you manage your investments and make trade on your phone even when you’re not using a computer. The Bitstamp app offers all the necessary trading features and has received positive feedback on both Google Play store and App store.
Customer Support
Bitstamp customer support is available for you with different methods. You can send them an email, and they will reply to you within 48 hours. You can also call them on the helpline to talk to someone who can give you more personalized help.
Bitstamp Earn
With Bitstamp earn, you can own crypto and create a passive income stream. Long-term holders can participate in this program with their assets with no additional cost. You can also choose to invest your earnings to earn even more each year. Keep in mind that if you want to take out of your money you’ll have to wait 10-14 days or pay a small fee of 5%.
Cryptocurrencies Available on Bitstamp
Bitstamp offers over 60 cryptocurrencies for users. Here are the list of available cryptocurrencies:
- Bitcoin (BTC)
- Ethereum (ETH)
- Polkadot (DOT)
- Dogecoin (DOGE)
- Shiba Inu (SHIB)
- Polygon (MATIC)
- Cardano (ADA)
- TRON (TRX)
Bitstamp Trading Fees
Bitstamp fee structure is as follow:
30-Day Trading Volume | Fees |
<$10,000 | 0.50% |
<$20,000 | 0.25% |
<$100,000 | 0.24% |
<$200,000 | 0.22% |
<$400,000 | 0.20% |
<$600,000 | 0.15% |
<$1,000,000 | 0.14% |
<$2,000,000 | 0.13% |
<$4,000,000 | 0.12% |
<$20,000,000 | 0.11% |
<$50,000,000 | 0.10% |
<$100,000,000 | 0.07% |
<$500,000,000 | 0.05% |
<$2,000,000,000 | 0.03% |
<$6,000,000,000 | 0.01% |
<$20,000,000,000 | 0.005% |
>$20,000,000,000 | 0.0% |
Payment Methods
Buy | Sell | Speed | |
Wire Transfer | ✔ | ✔ | 2-5 business days |
Credit Card | ✔ | ✔ | 1-3 business days |
Debit Card | ✔(5% fee) | ❌ | Nearly instant |
SEPA | ✔(5% fee) | ❌ | Nearly instant |