Bitstamp Review 2025: Features, Fees & Security

bitstamp review

Get USD 25 in BTC when you trade USD 100 within 3 days of signing up. T&Cs apply.Execute multiple trade types with no fees on cryptocurrency and wire transfer deposits on this exchange. We have been writing and researching cryptocurrency since 2016. We have been reviewing and testing all of the major cryptocurrency exchanges since 2017. Our team understands the crypto and NFT space, but also understands the intersection with TradFI (traditional finance). Our goal is to help bridge the gap between those in the cryptocurrency space, with those curious about it in the traditional finance space.

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It’s focused on providing investors with reliable and transparent cryptocurrency trading through advanced security features, reliable order execution, and real-time market data streams. Bitstamp offers cold-wallet storage, crime insurance, and a withdrawal address whitelisting. Bitstamp offers excellent customer support through a help center, live chat, email, and phone support for business accounts, ensuring that users can access assistance whenever necessary. Bitstamp also offers phone support for business accounts, providing more personalized assistance for high-volume traders. Bitstamp offers personal and business accounts, with a straightforward registration process that includes identity verification to ensure regulatory compliance. This makes the platform accessible to both individual traders and institutional clients.

Bitstamp Review: Top Features & Perks

bitstamp review

Bitstamp offers a user-friendly platform for buying and selling cryptocurrencies, focusing on security and reliability. However, it has a limited selection of cryptocurrencies, especially for U.S. residents, and lacks staking and lending features in certain regions. If you’re looking for a simple and secure way to buy and sell crypto, Bitstamp might be a good option. Bitstamp is a peer-to-peer crypto exchange where you buy and sell directly from other users. It offers many cryptocurrencies, including stablecoins and DeFi assets, but availability may vary. You can deposit and withdraw funds easily, and U.S. users can make free instant deposits.

Bitstamp deposits and withdrawals

Bitstamp offers two-factor authentication, which adds an extra layer of protection to user accounts. This ensures that even if an account password is compromised, unauthorized access is prevented. Bitstamp charges an inactivity fee for accounts that have been dormant for a certain period of time. This is common on many exchanges to discourage users from holding accounts without using them actively.

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  • This risk is  higher with Cryptocurrencies due to markets being decentralized and non-regulated.
  • The best place to buy cryptocurrency is a crypto exchange.
  • Overall, Bitstamp is a trusted and beginner-friendly choice.
  • Enterprise-level investors can access a 24/7 trade desk, advanced security, deep liquidity, and API connectivity through its institutional trading platform.
  • So, as your trading volume increases, your Bitstamp fees will decrease, which makes it an attractive option for active traders.
  • But remember that Bitstamp’s crypto selection is significantly more limited than Coinbase’s, and you won’t get access to services like staking or lending.

Always confirm important product information with the relevant provider and read the relevant disclosure documents and terms and conditions before making a decision. A maker fee is the fee charged when you propose an order for other traders to take. In other words, this fee is charged when you place a limit order to sell an asset, but that order is not filled immediately. While cryptocurrency is known for being semi-anonymous, your activity on Bitstamp and other exchanges that require a Social Security number may be reported to the IRS.

But if you require a wider range of cryptocurrencies or advanced features like staking and lending, you may need to explore other exchanges. Bitstamp has a transparent fee structure based on your trading volume over the past 30 days. Maker fees range from 0.30% to 0%, while taker fees range from 0.40% to 0.03%. It requires 2-factor authentication, ID verification, has robust security and keeps most of the users’ funds in cold storage. Thus, security is something that the company takes very seriously. All the same order types are available as with the standard trading bitstamp review platform.

Available Markets

All centralised exchanges, including Bitstamp, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. The Bitstamp app is available for Android and iOS devices.Bitstamp has created an easy-to-use mobile app that allows portfolio tracking and trading among digital assets. Bitstamp is one of the oldest and most reputable crypto exchanges in the world. Investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is highly risky and speculative, and the markets can be extremely volatile. Consult with a qualified professional before making any financial decisions.

  • Bitstamp has a transparent fee structure based on your trading volume over the past 30 days.
  • The platform allows users to trade major cryptocurrencies.
  • We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
  • Bitstamp provides a diverse set of trading options, including both crypto-to-crypto and crypto-to-fiat pairs, as well as margin trading for more advanced traders.
  • The central platform includes a basic chart, current buy and sell offers outstanding, and a simple purchase form.
  • While it’s unlikely to share any trading secrets, it’s worth checking out for anyone looking to expand their crypto knowledge.
  • Though seasoned users might seek more coin diversity, Bitstamp does provide advanced order types.

Bitstamp provides a variety of customer support options to assist users in case of issues or inquiries. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here.

The Bitstamp app is designed well and offers all the functionality of the web platform. Initially, users are met with a screen containing quick links to core services and an overview of a few top-performing assets. After logging in, users can browse coins, see the top gainers/losers, trade crypto, and access Bitstamp earn features. Users can tailor the platform’s features to their needs, making it great for beginners and experienced investors. While the lack of margin trading features could cause issues for some crypto enthusiasts, Bitstamp is well-rounded and excellent for spot trading. Bitstamp does not charge a deposit fee for crypto or fiat currency payments.