Buy and sell Bitcoin and Ethereum

Bitstamp is a cryptocurrency exchange notable for starting in 2011, making it one of the first places to buy and exchange Bitcoin. It’s a good choice for beginner and casual cryptocurrency investors looking to buy and sell with competitive rates and an easy-to-use interface.

Comparison

Let's start a combing camparison between Two brokers' widely used tools, mobile apps, platforms, spreads, and more.

Bitstamp

Bitstamp is an established exchange that’s well-suited for beginner investors

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Introduction

Founded in 2011, Bitstamp is one of the oldest cryptocurrency exchanges in operation. Today, it supports traders looking to buy and sell a list of 54 and counting cryptocurrencies with competitive trading fees. Users can choose to trade crypto with Bitstamp’s simple online trading platform, active trading platform, or mobile apps.

 

While cryptocurrency trading is risky and volatile, Bitstamp does an excellent job keeping customer accounts secure while providing a user-friendly cryptocurrency trading and investing experience.

Crypto Exchange Details

  • Minimum Trade Size: 10 EUR
  • Maximum Leverage: N/A
  • Minimum to Open Live: $25
  • Established: 2011
  • Cryptocurrencies: 54
  • P2P Service : Yes
  • Yield-Farming: N/A
  • Payment Option: Bank Transfer, or purchase cryptocurrency directly with a credit or debit card .
  • Web Trading: Yes
  • Mobile Trading: Yes
  • Social Trading: Yes
  • Restricted Countries: Austria, Belgium, Bulgaria, Croatia, Czech RepArgentina, Brazil, Colombia, Hong Kong, India, Indonesia, Israel, Kazakhstan, Kenya, Malaysia, Mexico, Nigeria, Peru, Philippines, Singapore, South Africa, South Korea, Switzerland, Taiwan, Turkey and Vietnam.
  • Collateral: Yes
  • Staking: Yes
  • Auto-Invest: Yes
  • Deposit Methods:

    You can deposit funds to your account via a Bank Transfer, or purchase cryptocurrency directly with a credit or debit card. U.S. customers can also use ACH to deposit funds to their accounts.

  • Withdrawal Methods:

    Tap on “Wallet” in the bottom bar.

    Select choose a currency and select “Withdraw”.

    Input the amount you want to withdraw and your bank account number and tap “Next”.

    Review the information and confirm.

Cryptocurrencies

Bitstamp currently supports a growing list of cryptocurrencies for spot trading. You can also deposit and hold U.S. Dollars, British Pounds, and Euros. Here's a partial list of currencies available on the Bitstamp platform:

 

  • Bitcoin
  • Ether
  • Uniswap
  • Stellar Lumens
  • Tether
  • USD Coin
  • Litecoin
  • Chainlink
  • Bitcoin Cash
  • Gemini Dollar
  • XRP (Not available in the U.S.)

Trading Experience

Traders can use Bitstamp through three different platforms: Bitstamp.net, Bitstamp Tradeview, and Bitstamp Mobile. Trading fees are the same on all platforms.
 

Bitstamp Trading Page


Trading page for Stellar Lumens at Bitstamp.

 

You can buy and sell on Bitstamp’s basic trading platform with instant, market, limit, and stop orders. You’re able to make a purchase from your Bitstamp balance or a connected card for an added fee. The central platform includes a basic chart, current buy and sell offers outstanding, and a simple purchase form.

 

Tradeview

More advanced traders will likely want to navigate to Tradeview, Bitstamp’s active trading platform with more advanced charting features, a live updated order book, depth chart, and quick trading forms.

You get the same available order types on both the basic and Tradeview platforms.
 

Tradeview

Tradeview offers advanced charting tools and other features.

 

Bitstamp Mobile

Bitstamp features mobile apps for Android and iOS devices available in the Google Play Store and App Store. Its apps include all of the features you get with the primary Bitstamp web-based trading experience for a pocket-sized trading experience.

In addition to buying and selling anywhere you have a secure internet connection, you can use the Bitstamp app to send and receive crypto to store in a Bitstamp account.

Products

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Fees

Trading fees at Bitstamp start at 0.50% for regular trades for all pairs. This straightforward pricing is on-par with top competitors’ pro platforms. Fees aren't the cheapest around but are certainly not the most expensive.

Fees decrease if you trade more than $10,000 in volume over the prior 30 day period. High-volume traders can see fees drop to as low as 0% on volumes of $20 billion per month or more. 

If you use Bitstamp for staking, it takes 15% of your earnings but doesn't charge any other fees. In addition to trading fees, you may run into these costs when funding and managing your account:

Any other fees mentioned Fees apply when withdrawing cryptocurrency to an external wallet.

Security

Cryptocurrency transactions are one-way, so if your account is hacked or breached, your losses may not be recoverable. When using Bitstamp or any other cryptocurrency exchange,

it’s important to use vigorous security practices, including a unique password and multi-factor authentication, ideally using a third-party authenticator app.

Bitstamp uses strong security practices and stores the bulk of client funds offline in cold storage. When signing up for a new account, the platform allows you to set up and use multi-factor authentication for added security.

As with any other crypto exchange, it’s a good idea to use care when funding your Bitstamp account, withdrawing fiat currency or cryptocurrency, and handling any kind of account maintenance.

Mobile Trading

Opening an Account & Manager

You can manage your Bitstamp account through a simple online dashboard that shows your portfolio contents, transaction history, current trading fee tier, and other account balances.
 

The cryptocurrency withdrawal form at Bitstamp

The cryptocurrency withdrawal form at Bitstamp.

 

Through the dashboard, you can easily deposit funds via bank account, credit, or debit card, or make cryptocurrency transfers and withdrawals. Note that Tradeview may have more limited account management features.

Earning Category

1. STAKING

a) Opt-In Staking Approach
b) Opt-Out Staking Approach

2. INFLATION

3. REWARDS

 

Here More Details.

Trade Category

Easy to use

There's not much of a learning curve to trading crypto on Bitstamp. It offers a straightforward platform where you can quickly learn how to buy and sell cryptocurrency. If you're new to crypto, Bitstamp is one of the more user-friendly exchanges.

 

Advanced platform available

In addition to its regular platform, Bitstamp also offers Tradeview, an active trading platform. This has more advanced charting features and trading forms.

 

One of the nice things about Bitstamp is that trading fees are the same whether you use its regular platform or Tradeview. Other major exchanges, such as Coinbase and Gemini, have lower trading fees on their advanced platforms. With Bitstamp, there's no difference in cost, so it's just a matter of which platform you prefer.

 

Highly rated mobile app

A quality mobile app is a big plus, as it allows you to check your portfolio and make trades when you're not at your computer. The Bitstamp app provides full trading functionality and has positive reviews on the App Store and Google Play.

 

Solid cryptocurrency selection

Bitstamp lets you trade around 45 different cryptocurrencies. Although that's far from the most, this exchange has a good selection that includes many of the biggest coins as well as some smaller cryptos. If you're looking for the best places to buy Bitcoin and a few other cryptos that catch your eye, Bitstamp should have everything you need.

 

Lengthy track record

You won't find a longer-tenured crypto exchange than Bitstamp. Launched in 2011, it was one of the first crypto exchanges, and it has outlasted the competition to become the longest-running exchange. That stability is a nice selling point in a market where many exchanges don't last, or run into serious regulatory issues.

Gift & Campaign

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Research & Education

Get up to date with latest Bitstamp company news and product updates. Learn how to get started with crypto or get additional insights into the market here.

Customer Support

Bitstamp customer service is available by email 24/7, and you can get phone assistance 24/7 as well by calling 1-800-712-5702 (for U.S. customers). There’s also an extensive help section where you can read answers to common questions about opening and using a Bitstamp account.

frequently asked questions

Keep in mind that while trading is instantly available when an ACH deposit is completed, the usual time-frame for ACH withdrawals to reach your bank account is 2-5 business days (excluding weekends and holidays). The transfer is immediately executed on our end, however, the banking system might need an additional few days to credit the funds to your bank account.

We offer Instant SEPA payments for users from the following countries: - Belgium - Germany - Estonia - Finland - Great Britain - Spain - Luxembourg - Italy - France - Netherlands You should check with your bank whether they support instant deposits. Note that the first instant deposit may take a bit longer to be credited to your account, but after that all new deposits should arrive to your account instantly. In case you experience any issues with instant deposits, you can contact our support team for assistance: https://www.bitstamp.net/support/

Please be advised to use only the following networks for the specified currencies, as otherwise your funds may be lost: - Blockchain – Bitcoin (BTC), Bitcoin Cash (BCH) - Ripple Network – XRP and IOU (for more info about IOU transfers please visit this FAQ) - Litechain – Litecoin (LTC) - Stellar Network – Stellar Lumens (XLM) - Algorand Network – Algorand (ALGO) - Ethereum Network (ERC20) – Ether (ETH), Paxos Standard (PAX), ChainLink (LINK), OMG Network (OMG), USD Coin (USDC), AAVE (AAVE), Basic Attention Token (BAT), UMA (UMA), DAI (DAI), Kyber Network (KNC), Maker (MKR), 0x (ZRX), Gemini Dollar (GUSD), Audius (AUDIO), Curve (CRV), Synthetix (SNX), Uniswap (UNI), yearn.finance (YFI), Compound (COMP), The Graph (GRT), Tether USD (USDT), Tether EUR (EURT), Polygon (MATIC), SushiSwap (SUSHI), Chillz (CHZ), Enjin Coin (ENJ)

It can take up to two days after the referral conditions are met for you to receive your bonus. For more information about our referral program, please check this FAQ - https://www.bitstamp.net/faq/how-does-referral-work

In case the expiration date of your ID document was extended, please contact our team at [email protected] and provide us with the official announcement confirming the validity of the extension, and we will update your information accordingly.

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