Behind the Screens: Exploring the Features of Bitstamp

 

Behind the Screens: Exploring the Features of Bitstamp



About Bitstamp

What Is Bitstamp?

Founded in 2011, Bitstamp is one of the longest-standing and most regulated centralized crypto exchanges(CEXs), serving more than 4 million customers worldwide in over 100 countries.

Whether users want to trade on their web platform, mobile app, or APIs, Bitstamp provides convenient and easy-to-use access to crypto. They take special pride in the fact the exchange has been built on security, transparency, and regulation, which is reflected by their AA rating as the world’s top-rated crypto exchange in CryptoCompare’s Exchange Benchmark report.

Bitstamp customers have access to up to 80 digital assets and do not charge trading fees on the first $1000 in trading volume over a 30-day rolling period. Customers can use debit or credit cards, ACH transfers, Apple Pay, Google Pay, PayPal, and international bank transfers to purchase cryptocurrencies. Crypto beginners can get started with the help of a wide range of educational resources on Bitstamp’s Learn Center, intuitive features on trading platforms, and a 24/7/365 live support service. For more advanced traders, the exchange offers competitive trading fees, Tradeview, an enhanced version of the platform with advanced trading tools, and a crypto reward program with staking - Bitstamp Earn.

Bitstamp holds 50 licenses and registrations globally. It was the first crypto exchange to receive a Payment Institution License in the EU, holds a BitLicense in New York, and undergoes regular audits by a global Big Four accounting firm. 95% of crypto held at Bitstamp is securely stored offline and their custodians hold additional insurance for client assets in cold wallets. Bitstamp also holds all customer assets in 1:1 custody and separate from Bitstamp entity assets. All this forms the basis of the principle they operate by – the customers’ crypto is always theirs.

Who Are the Bitstamp Founders?



Bitstamp was founded in Kranj, Slovenia, by Damian Merlak and Nejc Kodrič in August 2011. In 2018, NXMH, a Brussels-based holding company with more than €2 billion of assets under management, acquired 80% of the Bitstamp shares. NXMH focuses on long-term private equity investments in leading European companies with strong potential for international expansion.

Damian Merlak graduated from the University of Ljubljana, Slovenia, with a degree in Computer and Information Science. After starting his career as a software developer, he served as Bitstamp’s CTO until 2015 and director until 2018. Nejc Kodric obtained degrees in Economics and Information Science from the University in Kranj, Slovenia.  Before launching Bitstamp, he co-founded a computer hardware and IT consulting firm.

Today, Bitstamp is led by a highly experienced team of 7 compliance-driven professionals with extensive backgrounds in both traditional and decentralized finance.

When did Bitstamp Launch? 

Bitstamp was founded and launched in 2011.

Where Is Bitstamp Located?



Bitstamp has offices in Luxembourg, Singapore, Slovenia, the UK, and the USA.
Bitstamp Restricted Countries
Bitstamp’s services are available in over 100 countries, although some features might be restricted in certain areas.

What Coins Are Supported on Bitstamp?



Bitstamp lists up to 80 carefully handpicked cryptocurrencies, including BTC, ETH, LTC, XRP, USDT USDC, and more.

How Much Are Bitstamp Fees?

For all trading pairs, fees are charged on a maker-taker model and based on 30-day trading volume. In their strive to make crypto accessible to all, Bitstamp has no trading fees for the first $1,000 in trading volume over a 30-day rolling period. For trading volumes under $10,000, the maker-taker fees start at 0.3% to 0.4% and decrease as trading volume increases. The trading fees on fiat/stablecoin trades are 80% lower than on all other crypto pairs.

For staking, the exchange charges a flat 15% commission on the rewards. For the latest and complete list of fees please refer to Bitstamp’s Fee Schedule.

Is It Possible To Use Leverage or Margin Trading on Bitstamp?

No, Bitstamp does not yet offer leverage or margin trading.
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