What Is Bitstamp?
Bitstamp: A Trusted and Longstanding Centralized Crypto Exchange (CEX)
Founded in 2011, Bitstamp stands as one of the most established and highly regulated centralized crypto exchanges (CEXs) worldwide, serving over 4 million customers in more than 100 countries.
Bitstamp prides itself on providing users with a seamless trading experience through their web platform, mobile app, and APIs. Built on the foundation of security, transparency, and regulation, Bitstamp has achieved an AA rating, earning recognition as the world’s top-rated crypto exchange in CryptoCompare’s Exchange Benchmark report.
With access to up to 80 digital assets, Bitstamp offers a customer-friendly approach by waiving trading fees on the first $1000 in trading volume over a 30-day period. Customers can conveniently purchase cryptocurrencies using various methods, including debit or credit cards, ACH transfers, Apple Pay, Google Pay, PayPal, and international bank transfers.
For crypto newcomers, Bitstamp offers an array of educational resources in their Learn Center, intuitive features on trading platforms, and round-the-clock live support. Advanced traders benefit from competitive trading fees, the advanced trading toolset on Tradeview, and Bitstamp Earn, a rewarding crypto program that includes staking options.
Bitstamp’s commitment to compliance is evident in its possession of 50 licenses and registrations worldwide. As the first crypto exchange to obtain a Payment Institution License in the EU and a BitLicense in New York, Bitstamp undergoes regular audits by a global Big Four accounting firm.
Furthermore, security is paramount at Bitstamp, with 95% of crypto assets stored securely offline and additional insurance covering client assets in cold wallets. Customer assets are held separately from Bitstamp entity assets in a 1:1 custody approach, exemplifying their unwavering principle that customers’ crypto is always theirs.
Who Are the Bitstamp Founders?
Bitstamp: Founded by Visionaries in Slovenia and Empowered by NXMH
Bitstamp emerged in August 2011, born in Kranj, Slovenia, through the collaborative efforts of Damian Merlak and Nejc Kodrič. Damian Merlak, a University of Ljubljana alumnus in Computer and Information Science, began his journey as a software developer and later held crucial roles as Bitstamp’s CTO until 2015, and subsequently as director until 2018. Meanwhile, Nejc Kodrič, with degrees in Economics and Information Science from the University of Kranj, Slovenia, embarked on his entrepreneurial path co-founding a computer hardware and IT consulting firm before joining forces to establish Bitstamp.
In 2018, a significant milestone was achieved as Brussels-based holding company NXMH acquired an 80% stake in Bitstamp. Holding over €2 billion of assets under management, NXMH specializes in long-term private equity investments, particularly in leading European companies showcasing immense potential for international expansion.
Presently, Bitstamp is steered by a seasoned team comprising seven compliance-driven professionals, collectively boasting extensive backgrounds in both traditional and decentralized finance. Their expertise and dedication ensure Bitstamp’s continuous growth and success in the ever-evolving crypto landscape.
Bitstamp Restricted Countries
Bitstamp’s services are available in over 100 countries, although some features might be restricted in certain areas.
How Much Are Bitstamp Fees?
Bitstamp: Transparent and Graduated Fee Structure for All Traders
Bitstamp employs a maker-taker fee model across all trading pairs, tailored to the 30-day trading volume. As part of their commitment to crypto accessibility, Bitstamp offers a unique advantage by waiving trading fees for the initial $1,000 in trading volume over a 30-day rolling period. For volumes below $10,000, maker-taker fees range from 0.3% to 0.4% and gradually decrease as trading volume increases. Notably, fees for fiat/stablecoin trades are impressively 80% lower than those applied to other crypto pairs.
Regarding staking, Bitstamp charges a flat 15% commission on the rewards. For a comprehensive and up-to-date listing of fees, traders can refer to Bitstamp’s Fee Schedule, ensuring complete transparency and convenience in their trading journey.
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 Supported Coins: A Diverse Range of Cryptocurrencies for Traders”
Bitstamp: Curating a Selection of 80 Handpicked Cryptocurrencies, including BTC, ETH, LTC, XRP, USDT, and USDC, and More