The first globally licensed Bitcoin exchange Bitstamp was established in 2011 and ranks among the oldest cryptocurrency exchanges still in use. We wrote a Bitstamp review because it’s still one of the most popular exchanges 12 years after its inception. In this Bitstamp review, you can learn about the platform’s history, what it is used for, and how it is used.
Bitstamp Review Is Bitstamp Still Popular in 2023?
At present, it helps traders looking to purchase and sell a list of more than 80 cryptocurrencies with affordable trading fees. In addition, Bitstamp offers users a basic web trading platform, an active trading platform, and mobile apps with which to trade cryptocurrencies. This means that Bitstamp is an easy-to-use platform for traders of all levels.
History of Bitstamp
In 2011, Bitstamp was introduced in Slovenia, but New York is the base of Bitstamp USA. They currently have offices throughout the world in several important financial hubs, including the UK, the US, Singapore, and Luxembourg. Moreover, today there are approximately 4.4 million users of the exchange worldwide.
More than 80 well-known cryptocurrencies, including Bitcoin, Ethereum, Uniswap, Litecoin, Stellar Lumens, and others, are available for purchase and sale via the Bitstamp platform. The exchange has disabled new orders and canceled existing orders for all FTT and CEL trading pairs in response to FTX and Celsius.
Benefits of Bitstamp
As we mentioned earlier, it is an easy-to-use platform for traders of all levels. In addition, Bitstamp offers many advantages to its users:
- Affordable Trading Fees: Regarding trading fees, Bitstamp is among the finest exchanges. Your trading fees are determined by your 30-day trading volume under its simple cost structure.
- Accessible Cutting-Edge Platform: In addition to its standard platform, Bitstamp also provides an active trading platform called Tradeview. This has more developed charting options and trading platforms.
- Security: Bitstamp has strict protocols when it comes to security. Accordingly, it keeps most of its digital assets offline in cold storage. In addition, all assets on the platform are insured against possible crimes.
In summary, based on these three benefits alone, we can safely say that Bitstamp is one of the best options for traders.
In What Ways Can Bitstamp be Used?
Bitstamp.net, Bitstamp Tradeview, and Bitstamp Mobile are the three platforms that traders can utilize to trade. The trading charges do not change on any of the platforms.
Bitstamp.net
With Bitstamp’s fundamental trading platform, you can place immediate, market, limit, and stop orders to purchase and sell. For an additional cost, you can make a purchase using your Bitstamp balance or a linked card. The main platform comprises a straightforward chart, live-to-buy and sell offers and a straightforward buying form.
Tradeview
Tradeview, Bitstamp’s active trading interface with more sophisticated charting capabilities, a live updated order book, depth chart, and quick trading forms, will probably be of interest to more experienced traders. In both the Tradeview and basic platforms, the same order types are available. On the other hand, advanced charting tools and other features are available in Tradeview.
Bitstamp Mobile
The Google Play Store and App Store both offer mobile apps for Bitstamp that are compatible with iOS and Android smartphones. For a trading experience that fits in your pocket, the app offers all the capabilities you receive with the main Bitstamp web-based trading experience.
About Bitstamp
One of Europe’s biggest cryptocurrency exchanges is Bitstamp, a U.K.-based company that was established in 2011. It is run by CEO Julian Sawyer, a co-founder and previous CEO of the digital bank Starling Bank in the United Kingdom.
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