Bitstamp Exchange Review
Best For
- Institutions
- Family Offices
- Advanced Traders
- Family Offices
- European Users
Bitstamp is a European based centralized cryptocurrency exchange with several fiat deposit options. One of the more established and reputable exchanges, Bitstamp began operations in 2011 and has transitioned its core focus to institutional client services.
Bitstamp Exchange - 2020 Comprehensive Review
Bitstamp Exchange Overview
| Trading Fees | Maker: 0.5% / Taker: 0.5% |
|---|---|
| Exchange Type | Centralized |
| Fiat Trading | US Dollars, Euro |
| Purchase Options | Crypto Deposits, Credit Cards, SEPA, International Wire |
| Android App |  |
| iOS App | |
| Trading Options | Spot Trading |
| Order Types | Limit, Market, Trailing Stop, Stop Loss, Instant Order |
| Exchange Token |  |
| Token Benefits | NO TOKEN |
| Charting Software | TradingView |
| KYC Check | |
| KYC Rules | Required For All Accounts |
| IEO Platform | |
| Education Resources | |
| Convert Micro Balance |
|
| Institutional Accounts | |
| Trading API | |
| Deposit Insurance | |
| Withdrawal Speed | Fast |
| Customer Service | Support Ticket System |
| Promotions | Instant Bitcoin Deposits with Bitstamp Lightning Network network. |
Bitstamp Mobile App Features
Deposits
|
Withdrawals
|
Price Alerts
|
Margin Trading
|
Margin Funding
|
Live Chat Support
|
Bitstamp Trading Fees (Maker & Taker)
| Tier | Monthly Volume Requirement | Maker | Taker | Maker Discount | Taker Discount |
|---|---|---|---|---|---|
| LEVEL 1 | $25.00 | 0.50% | 0.50% | - | - |
| LEVEL 2 | $10,000.00 | 0.25% | 0.25% | - | - |
| LEVEL 3 | $20,000.00 | 0.24% | 0.24% | - | - |
High volume & professional trading tier fees available here.
Bitstamp Crypto Withdrawal Fees
| Asset | Withdrawal Fees | Minimum Withdrawal |
|---|---|---|
| BitcoinBTC | 0.0005 | 0.0005 |
| XRPXRP | 0.02 | 0.02 |
| EthereumETH | 0.001 | 0.001 |
Bitstamp does not charge deposit fees.
Bitstamp Fiat Deposit & Withdrawal Fees
| Asset | Deposit Fee | Withdrawal Fee |
|---|---|---|
| CREDIT CARD PURCHASE | 5% | |
| INTERNATIONAL WIRE | 0.05% | 0.1% |
| SEPA (EUR) | Free of charge | €3.00 EUR |
*Credit Card Purchase - Additional fee may be charged by the card issuer.
*Deposit fee, minimum fee = 7.5 USD/EUR, maximum fee = 300 USD/EUR)
*Withdrawal fee, minimum fee is 25.00 USD/EUR
Bitstamp Markets & Volume
Rank 62 |
Total Assets 5 |
Total Markets 14 |
Volume 24h $135,970,129.99 |
Volume 7d $1,155,748,615.99 |
Volume 30d $3,384,564,296.13 |
Bitstamp Top Markets
| Crypto Assets | Price | Pairs | 24h Volume |
|---|---|---|---|
| BitcoinBTC | $32,576.62 | 20 | $130,157,942.11 |
| EthereumETH | $2,070.01 | 5 | $87,216,756.43 |
| XRPXRP | $0.60 | 4 | $30,176,015.50 |
Bitstamp Exchange Alternatives
 |  |  | |
|---|---|---|---|
| Rating | 7/10 | 8/10 | 7.5/10 |
| Trading Fees | Maker : 0.5% Taker : 0.5% | Maker : 0.15% Taker : 0.25% | Maker : 0.16% Taker : 0.26% |
| Fiat Trading | | | |
| Purchase Options | Crypto Deposits, Credit Cards, SEPA, International Wire | Bank Transfer, Crypto Deposits, Credit Cards | Bank Transfer, Crypto Deposits |
| Trading Options | Spot Trading | Spot Trading, Margin Trading | Spot Trading, Margin Trading, Futures Trading, Forex Trading |
| IEO Platform | | | |
| Mobile Apps | | | |
| Headquarters | London, United Kingdom | San Francisco, California, United States | San Francisco, California, United States |
| Learn More | Review | Review | Review |
Pros and Cons
Pros
- Fiat Deposits & Withdrawals - Credit card, SEPA, and international wire transfers are all supported fiat deposit options on Bitstamp.
- Established Company - Bitstamp has been operating since 2011 with an above average industry track record and reputation.
- Mobile App - Bitstamp has highly rated mobile applications in the Google Play and Apple App Store.
- Regulated & Licensed - Bitstamp is fully licensed to do business in all operating jurisdictions including the US.
- Institutional Accounts - Bitstamp offers regulatory friendly institutional accounts with dedicated support.
- Ease Of Use - Bitstamp is a great option for new users looking to purchase crypto assets for the first time.
Cons
- Limited Trading Options - Bitstamp only offers spot trading on their cryptocurrency exchange.
- Trading Fees - Bitstamp has the highest maker and taker trading fees in the industry.
- Privacy - Every user must submit identity documentation and pass KYC in order to use Bitstamp.
- Credit Card Deposit Fees - Bitstamp charges very high fees for credit card deposits. Blockfer recommends that users deposit via bank account if possible.
Frequently Asked Questions
Is Bitstamp a trustworthy exchange?
What cryptocurrencies are available on Bitstamp?
Does Bitstamp offer margin trading?
What are the trading fees on Bitstamp?
Does Bitstamp accept US customers?
Summary
Bitstamp is a western market focused, fully regulated cryptocurrency exchange that has been offering reputable services to its customers since 2011. The exchange has several fiat deposit options and a popular mobile app available on Google Play and the Apple App Store.
Blockfer recommends Bitstamp for new users looking to purchase crypto assets with fiat and institutions looking for a trustworthy custodian that can manage high value accounts with proper security measures.
There are better options for intermediate and more advanced retail traders. The maker and taker trading fees on Bitstamp are far above the industry average, trading options are limited to spot trading, and liquidity is limited to 6 crypto assets.
| Learn More | Best Features |
|---|---|
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Legal & Regulation - Facts & Figures
| Legal Name | Bitstamp Europe S.A. |
|---|---|
| Incorporated Country | Luxembourg |
| Headquarters | London, United Kingdom |
| Year Founded | 2011 |
| CEO | Nejc Kodrič |
| Total Employees | 101-250 |
| Regulators | Commission de Surveillance du Secteur Financier (CSSF), New York Department of Financial Services (NYDFS) |
| Links | Website, Crunchbase, Twitter, Blog, LinkedIn |
About The Author
Delton has been writing about blockchain finance & technology, decentralized applications, and crypto assets since 2017. His work has been published and featured by several independent news publications and blockchain projects.
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The cryptocurrency exchanges found in this category have been tested extensively by our team as part of the review process. Factors we analyze in our exchange reviews and comparisons include: liquidity, purchase options, user experience, trading fees, trading options, listed assets, reputation, mobile experience, and customer support.
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