How can you find cryptocurrency exchanges that offer more than just Bitcoin? Are there some which are better for trades using United States Dollars and Euros. Find the best digital coin exchange for the best prices.
Bitstamp is one of the more popular European exchanges. You can trade a couple of the top cryptocurrencies on this website. This Bitstamp review will discuss if this Luxembourg, European Union based exchange is legit or not.
You will also learn about the Bitstamp wallet, fees and supported coins. If you are unhappy with your present Bitcoin exchange, then perhaps this would be a good option. You can compare prices to get the best deal. This Bitstamp review will provide you with valuable answers.
Bitstamp was founded in 2011. The Bitstamp exchange says that you can “go for the digital currency stars.” The website promises that is it compliant with best practices.
You can find Live Trades when you first arrive on the website. This lists Amount, Price and UTC Time. There is also a Currency Value chart displayed below this.
The Bitstamp company is quite proud of its partnership with Swissquote. You can visit their website directly from the Home Page of Bitstamp. There is also Reuters cryptocurrency news on the bottom.
This is a good sign. Some of the other exchanges do not have as many connections to mainstream brands. This shows that Bitstamp might have a more solid foundation to it.
It is trusted by some of the well-known global brands. They are not worried about any Bitstamp scam. They trust this Bitstamp exchange and are lending credibility to its functioning.
The primary action that you can perform on the Home Page website is to Open an Account. Just click on the button to get started. Over 1 million people have used the Bitstamp exchange to buy and sell cryptocurrencies.
Other than that, it can be a bit difficult to find where you want to go. If you like a clean, simple unadorned graphical user interface (GUI), then Bitstamp is for you. You don’t have a lot of clutter.
The company has plenty of information on the bottom with contact phone numbers and email addresses. There is no Live Chat on the website when you first arrive.
Reviews have shown that the speed for transactions was adequate compared to other exchanges. Bitstamp is middle of the road for many categories.
If you want to buy and sell easily, you should have your own wallet. There are plenty of firms selling you wallets. Make sure that you have full control over your Private Key. The Private Key is like your password.
A Bitstamp wallet will be able to sync with the website more easily. A Bitstamp wallet can unlock some more of the hidden features online.
You can get the Bitstamp app at the Apple App Store. This allows you to complete transactions on your iPhone from anywhere or anytime.
If you own an Android mobile device, then you can download the Bitstamp app from Google Play. This Bitstamp exchange provides you with plenty of great ways to trade digital currencies 24/7/365.
Bitstamp Supported Coins
Bitstamp offers Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple. Bitstamp Bitcoin provides the majority of the volume at 29%. This Bitstamp Bitcoin can be purchased by all of the other cryptocurrencies.
Ripple represents 17% of the volume. Ethereum represents 14% of the volume. If you like one of these primary digital coins, then Bitstamp is adequate.
You can buy or sell cryptocurrencies using United States Dollars or Euros. You can also purchase them with other primary cryptocurrencies. Deposits can be made via credit cards, SEPA bank transfer or cryptocurrencies.
The standard Bitstamp fees can be as high as 0.25%. There are Bitstamp fees on cash used to buy cryptocurrencies. This is an average level for the industry.
Is Bitstamp Legit?
If you believe there is a Bitstamp scam, then you can contact the Luxembourg Financial Industry Supervisory Commission (CSSF) to lodge your complaint. Is Bitstamp legit? There are reports that it was hacked in 2015.
When people lose money trading cryptocurrencies, they might think there is a Bitstamp scam. The company claims to store 98% of its client’s cryptocurrencies in cold storage. Bitstamp has some very important partners.
Bitstamp worked with Swissquote in July 2017 to help the broker’s clients trade Bitcoins. This shows that some of the mainstream banks are getting involved with cryptocurrencies. The Bitstamp exchange is audited by one of the Big Four accounting firms.
This is one of the Top 25 cryptocurrency exchanges in the world. The Bitstamp exchange has a good reputation. It includes mainstream partnerships with Swissquote. If Swissquote and Reuters can trust Bitstamp, can’t you?