The app is highly intuitive and user-friendly, it has the same functionality as the web platform, and the layout and design are straightforward and functional. Bitstamp has developed a powerful mobile app for IOS and Android for those who like to take their trading on the go. Players do not need a Bitstamp account to play, but if they win trading fee coupons, they will need to have a Bitstamp account to use them. The Bitstamp Crypto Pulse report covers why and how retail and institutional market participants are investing, what their concerns are, and many of the trends happening in crypto. Many crypto users, including myself, who may not even use Bitstamp, rely heavily on their Global Crypto Survey for their crypto knowledge and investment decisions. For companies who want to offer crypto to their customers, but have no idea where to start, Bitstamp has got you covered.
- This is quite a clever way to entice users into signing up for Bitstamp, I must say.
- If you have stumbled across this page searching for a good crypto exchange, you can’t really go wrong with Bitstamp.
- Bitstamp’s greatest strength is its security and simplicity when it comes to buying and selling crypto.
- The number one issue causing the negative reviews on Google were issues with users not being able to pass 2FA and getting stuck on the verification phase.
- Anyway, every time I called Bitstamp support I was very impressed that I was patched through to a live agent in under 2 minutes, which is very quick!
Bitstamp Exchange Key Features
As crypto educators here at the Coin Bureau, we believe the key to mass adoption and safe crypto use is through education, and it is nice to see platforms that share our sentiment and support the broader crypto community. The worst time to find out that an exchange has 💩 support is once something is going wrong when you have an open trade going with live funds on the line. Many traders consider good support to be of minor importance, which is a big mistake in my opinion. Bitstamp charges trading fees dependent on the 30-day trading volume of the trader. I go into further detail on why this isn’t recommended in my Coinbase Review for you to check out before you try and become a pro trader simply from a mobile app.
Bitstamp Crypto Pulse
As Binance is the #1 exchange in the world, Bitstamp is not better than Binance. I would not hesitate to recommend Bitstamp to anyone who is looking for simplicity in an exchange. Bitstamp’s greatest strength is its security and simplicity when it comes to buying and selling crypto. Despite no live chat support and the self-help section needing an overhaul, overall, I was quite impressed with Bitstamp support. Thanks, Bitstamp, for spreading the word on crypto and fighting the good fight. Bitstamp has a fantastic blog that is a great resource that teaches general crypto knowledge, market insights, and helps anyone looking to brush up on their crypto knowledge.
There is a reason professional traders work from a desk with multiple screens, and why you don't see them trading while waiting in line at the grocery store from their phones. I found the app delivered exactly what it promises, a powerful trading exchange and seamless mobile experience. As one of the first cryptocurrency exchanges, Bitstamp knows better than anyone the ins and outs of the industry and has their finger on the crypto pulse. Crypto-as-a-Service (CaaS) provides companies access to the full functionality of the Bitstamp exchange, but on their own existing apps and platforms. Firms can offer their own crypto solutions on their platforms with Bitstamp running the back-end infrastructure.
Bitstamp KYC and Account Verification
The platform has over 5 million users globally, including both retail and institutional, and is great for beginners as they offer a no-frills, no bs, no “glitter and glam” place to simply buy and trade crypto. Bitstamp is one of the longest-standing crypto exchanges, offering an easy-to-use and highly secure service since 2011. Use our Bitstamp by Robinhood app for a secure and easy introduction to buying and selling crypto on the longest running crypto exchange.Trade digital currencies on the original crypto exchange includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Litecoin (LTC) and many other cryptocurrencies. Some may disagree and consider simplicity a strength, but I like to see more features in my crypto exchanges of choice. I mentioned earlier in this review that Bitstamp is a no-frills, no bs exchange, resulting in the platform being incredibly simple and easy to use, and one that executes on its offerings flawlessly.
Bitstamp Earn
Aside from the charting block itself, the trading interface is not customizable like some platforms. You can find a full list of supported assets on the Bitstamp Supported Assets page. And in full transparency, the 2015 hack wasn’t even a cause of weak platform security, a Bitstamp employee simply fell for a malicious link that was sent in an email. When signing up for an exchange, be sure to use the same name that is reflected on your bank account as any bank transfers must come from an account under the same name, and use a real email address as you will need to verify it. Unlike platforms such as Phemex or Bitget, KYC and account verification is mandatory right from the get-go on Bitstamp. Looking at the reviews, it appears most users agree with my findings with an average rating of 4.0/5-star review on Google Play, and an impressive 4.8/5-star review on the App Store.
As one of the oldest and most respected cryptocurrency exchanges in the world, this platform is rock solid and has become a cornerstone for the crypto industry. It offers users the ability to trade the world’s major cryptocurrencies including Bitcoin, Ethereum and many more. Starting your crypto trading journey or already a pro trader? Bitstamp may be better suited for institutions and beginners not interested in comprehensive features and market offerings.
Is Bitstamp licensed?
Our global licenses
Bitstamp by Robinhood adheres to its legal and regulatory obligations and holds the licenses and registrations proving we fulfill them.
Both Coinbase and Bitstamp appeal to the same customer base, providing a great service for institutions and beginner traders. Yes, Bitstamp is one of the first cryptocurrency exchanges, trusted by millions of users, and regulated in both the US and Europe. As the first crypto exchange in Europe, and one of the oldest exchanges around, it has truly become one of the most trusted and reputable exchanges in the world. Trust me, as I’ve personally experienced how access to quick support once saved my trading account when things started glitching and I had an open trade and had not had a chance to set a stop loss yet. Many exchanges only support crypto deposits and withdrawals, or deposits and purchases via third-party vendors.
Bitstamp by Robinhood: Buy BTC
If you are on a search to find the perfect crypto exchange, be sure to check out our article where we break down and compare the Top Crypto Exchanges. Bitstamp is one of the best options for beginners, institutions, or pros looking to buy, trade, and sell crypto. If you have stumbled across this page searching for a good crypto exchange, you can’t really go wrong with Bitstamp.
Cryptocurrencies Available on Bitstamp
The platform also undergoes regular audits by some of the largest accounting firms in the world. Bitstamp was created as an alternative to the once-dominant exchange Mt. Gox, which, as you may or may not know, has a tragic history that gave crypto one of its deepest shades of black eye in history. While working as a Financial Advisor, I had my eyes opened to the world of crypto and its potential to help make the world a better place. Providing financial education to those who need it most has always been a passion of mine. While this comes down to personal preference, and these two have more similarities than differences, it is of my opinion that Coinbase is the slightly better exchange.
The newest update to our Bitstamp by Robinhood app comes with standard bug fixes and improvements, giving you a smoother trading experience. Yes, Bitstamp is regulated in the US and is popular among traders in the United States. SwissBorg is the best there, derivatives traders will likely choose Bybit, and those who want to earn will probably opt for Binance. For example, I don’t consider Gate.io the best exchange overall, but if you’re interested in copy trading, Gate.io does it the best.
I generally only use cryptocurrency exchanges that natively support bank transfers and withdrawals, as Bitstamp does. The highest fees are for traders who trade under 10k in a rolling 30-day period who will find fees of 0.5%, while institutions and whales who trade over 20 billion will have no fees. Even though the app is quite good and has great ratings, most traders, myself included, would not recommend using a mobile app as your primary trading tool. Bitstamp has become an exchange of choice for brokers, banks, fintech companies, hedge funds, prop traders, family offices, aggregators and more, thanks to their institutional offerings and deep liquidity. US-based and licensed exchanges can't legally offer many earn products as the SEC likes to “protect” people from achieving financial freedom, and have been being heavily criticized recently and accused of really only protecting the banks.
Who is the safest crypto exchange?
- PrimeXBT: Best for Multi-Asset CFD and Futures Trading with High Leverage.
- Binance: Best for High Liquidity and Trading Volume.
- MEXC: Best for Low Fees.
- Bybit: Best for Derivatives Trading.
- Coinbase: Best Crypto Exchange in the USA.
- OKX: Best Crypto Exchanges for Beginners.
- Kraken: Safest Crypto Exchange.
To sum up, Bitstamp is simply a powerful, reliable, safe, and easy-to-use exchange. Similarly, it is tough to beat Bitstamp for those who are only into buying, selling, and spot trading the major cryptocurrencies, they offer that flawlessly. The fees on Bitstamp are also quite a bit higher than those found on many other exchanges, so there is some room for improvement there. Adding these features to the platform could entice more customers and make the platform more usable for more than just buying and selling crypto. Bitstamp is a great, simple, and secure place to buy and sell cryptocurrencies for both institutions and retail customers.
Swan Bitcoin: Buy & Save
If you are interested in learning how to trade, be sure to check out our article on How to Perform Technical Analysis, or if you prefer video format, Guy has put together a great three-part series where he teaches the craft. Bitstamp really is a no-frills exchange that takes things back to basics. So, what does Bitstamp offer that has allowed them to thrive for so long in this industry? After founding and running the company, eventually, both Damian and Nejc placed the company into the hands of a competent executive team that has many years of experience across various traditional financial, tech, and blockchain companies. On the first day, many moons ago, a wise person once said, “let there be Bitcoin,” and thus, Bitcoin was born and rose from the ashes of the 2008 financial crisis. With locations in the USA and Europe, Bitstamp is a highly trusted and reputal exchange within the industry.
- After founding and running the company, eventually, both Damian and Nejc placed the company into the hands of a competent executive team that has many years of experience across various traditional financial, tech, and blockchain companies.
- Bitstamp has become one of the preferred places for whales and minnows alike to trade fiat for crypto, and crypto to crypto.
- Bitstamp is beloved by traders all over the world who, rightly so, like to place trust and confidence in platforms that have been thoroughly battle-tested and withstood the test of time, and no exchange holds this title as well as Bitstamp.
- We will be unpacking everything it has to offer crypto traders in this Bitstamp review.
Luno: Buy Crypto and US Stocks
Aside from the platform basics, the actual trading interface does offer some advanced trading tools and a professional-grade trading engine that ensures reliable order execution and constant uptime. After the collapse of the troubled exchange, Bitstamp went on to be one of the only remaining exchanges still standing from the early days of crypto. Bitstamp is a serious “OG” veteran in the crypto space and is held in high respect by both old https://forex-review.net/bitstamp-review/ school and new crypto traders alike. Founded in 2011, it was the first crypto exchange in Europe and is nearly as old as Bitcoin itself. On the third day, two wise men Damian Merlak and Nejc Kodrič said “let there be a crypto exchange in Europe,” and it was done, Bitstamp was born.
The choice of assets here is interesting, only Ethereum 2.0 staking and Algorand are supported, though the platform says more assets coming soon. The engine is reliable in all market conditions and provides near instant execution, which is why it has become a favourite for institutions and professional traders. The platform also supports high-performance synchronization with FIX and HTTP APIs, and connection to WebSocket, making Bitstamp a good exchange for those looking to deploy algorithmic strategies, bots, and who need real-time data streaming.
The FAQ section could be better, to be honest, more step-by-step guides and images would be helpful for new users. If live support isn’t your thing, Bitstamp also has a handy self-help FAQ section which should be able to handle many of your questions. Email support also impressed me, as I received responses often in under an hour, so great job Bitstamp support team 🥳 Anyway, every time I called Bitstamp support I was very impressed that I was patched through to a live agent in under 2 minutes, which is very quick!
