According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Proprietary platform
- Gold investment program with the possibility of withdrawal to European banks
Our Evaluation of Bitstamp
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Bitstamp is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.54 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bitstamp clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
Bitstamp is one of the oldest cryptocurrency exchanges, and it is focused primarily on cryptocurrency trading. Traders from the European Union are the priority of the company.
Brief Look at Bitstamp
Bitstamp (bitstamp.net) is one of the oldest cryptocurrency exchanges. The company was founded in 2011 in Luxembourg. The exchange offices are located in Luxembourg, London, and New York. Bitstamp net is focused primarily on clients from the European Union. It provides cryptocurrency trading and exchange services. The company provides clients with TradeView software, detailed information, and analytics of the cryptocurrency markets. One of the features of the exchange is an attractive commission policy for clients with large trading volumes, and for some high-volume traders, there are no commissions at all.
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- the possibility of investing cryptocurrencies in gold;
- minimum deposit of 1 USD;
- TradeView terminal.
- was hacked in 2015;
- complicated verification;
- cannot withdraw fiat funds to e-wallets;
- there are fees for withdrawing funds;
- leverage is only 1:1.
TU Expert Advice
Author, Financial Expert at Traders Union
Bitstamp offers cryptocurrency trading with a specific focus on clients in the European Union. The platform supports trading 25 different cryptocurrencies, including BTC, LTC, ETH, BCH, and XRP, using its proprietary TradingView-based platform. Bitstamp appeals to high-volume traders with favorable fee conditions, potentially dropping fees to 0% for significant trading volumes. Its clients also benefit from the possibility of investing in gold, a rare feature among crypto platforms, and a low minimum deposit requirement of $1.
However, Bitstamp does present certain drawbacks. The exchange's leverage is limited to 1:1, and there are withdrawal fees. Additionally, the platform's history includes a significant hacking incident in 2015, prompting enhanced security measures. Despite its issues, Bitstamp could be suitable for experienced cryptocurrency traders who prioritize a range of popular coins and appreciate advanced charting tools. However, it may not cater well to beginners or traders seeking high leverage.
Bitstamp Summary
💻 Trading platform: | Proprietary platform based on TradingView |
---|---|
📊 Accounts: | Personal, Corporate |
💰 Account currency: | EUR, USD, GBP, and cryptocurrencies |
💵 Deposit / Withdrawal: | Visa, Mastercard, Maestro, cryptocurrencies |
🚀 Minimum deposit: | 1 USD |
⚖️ Leverage: | 1:1 |
💼 PAMM-accounts: | No |
📈️ Min Order: | from 20 USD |
💱 Commission: | Spot: 0,3%-0,4% |
🔧 Instruments: | 93 supported coins, Fiat. |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | No |
📋 Order execution: | N/A |
⭐ Trading features: | Gold investment program with the possibility of withdrawal to European banks |
🎁 Contests and bonuses: | Unavailable |
Bitstamp offers customers a selection of 25 types of cryptocurrencies. The leverage is small, only 1:1. However, Bitstamp will delight clients with high trading volumes and favorable terms on commissions.
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Regulation and safety
Bitstamp has earned a rating of 9/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Cold wallet storage
- Tier-1 regulation
- U.S-regulated
- Government-regulated
- 2FA
- No facial recognition
- Successful hacks history
- No investor protection fund
Bitstamp Security Factors
We also compared Bitstamp against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Bitstamp | OKX | Kraken | |
Tier-1 regulation | Yes | No | Yes |
Government-regulated | Yes | Yes | Yes |
Investor protection fund | No | Yes | No |
2FA | Yes | Yes | Yes |
Facial recognition | No | Yes | No |
Cold wallet storage | Yes | Yes | Yes |
Successful hacker attacks | Yes | No | No |
Is Bitstamp a regulated crypto exchange?
Bitstamp is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Bitstamp is authorized or licensed in accordance with local regulations in the following regions: U.S, .
Is verification (KYC) mandatory at Bitstamp?
Yes, KYC verification is mandatory at Bitstamp. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is Bitstamp available?
Bitstamp complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact Bitstamp support.
Is Bitstamp available in the USA?
Bitstamp is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: OKX, Kraken, Crypto.com .
Bitstamp commissions and fees
Bitstamp received a 5.2/10 score for its trading fees. While Bitstamp is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are Bitstamp trading fees?
We analyzed Bitstamp’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Bitstamp trading fees vs competitors
Bitstamp | Nexus Trade | Paxful | Industry average | |
Spot, maker fee (%) | 0,3 | 0,22 | 0 | 0.15 |
Spot, taker fee (%) | 0,4 | 0,22 | 0 | 0.194 |
What are Bitstamp deposit and withdrawal fees?
Deposit fee, % | 0 |
Withdrawal fee, % | 0,0005 BTC 0,005 ETH |
Does Bitstamp offer P2P trading?
No, Bitstamp does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
Bitstamp received a 5.5/10 rating for its deposit and withdrawal services. While Bitstamp covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- No deposit fees
- Bank cards accepted for instant deposits
- Withdrawal fee applies
- No PayPal option
- No P2P transfer option
Deposit and withdrawal options
Bitstamp supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
Bitstamp Deposit and withdrawal options vs competitors
Bitstamp | OKX | Kraken | |
Bank transfers | Yes | No | Yes |
Bank card | Yes | Yes | Yes |
Crypto | Yes | Yes | Yes |
PayPal | No | No | Yes |
What is Bitstamp minimum deposit?
The minimum deposit at Bitstamp is 10 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Bitstamp minimum deposit vs competitors
Bitstamp | OKX | Kraken | |
Minimum deposit, USD or USDT | 10 | 10 | 10 |
Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does Bitstamp support fiat money?
Bitstamp supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Bitstamp received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While Bitstamp covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Copy trading not available
- Crypto futures not available
Bitstamp supported coins and markets vs competitors
We compared Bitstamp with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Bitstamp | OKX | Kraken | |
Supported coins | 93 | 329 | 278 |
Futures/Perpetual contracts | No | Yes | Yes |
Options | No | Yes | No |
NFTs | No | Yes | Yes |
Bitstamp passive income options vs competitors
We also compared Bitstamp with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Bitstamp received a score of 8/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- Advanced tools and automation with API
- App data protection with 2FA
- Advanced charting with TradingView support
- Mobile indicators allowed
- Advanced orders not available
- No access to Copy Trading
- No trading bots for traders
Trading apps
Bitstamp provides web and mobile apps for both Android and iOS users, with an average rating of 4,8 on the App Store and 4,7 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Bitstamp platform is for mobile use.
Bitstamp | |
2FA | Yes |
Face ID | No |
Mob Indicators | Yes |
Alerts | Yes |
Advanced Orders | Yes |
Trading with bots | No |
API | Yes |
Extra trading platforms | No |
Does Bitstamp offer a desktop app?
No, Bitstamp does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Bitstamp offer advanced charting with TradingView integration?
Yes, Bitstamp offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
Foundation date | 2011 |
---|---|
Registration address | 5 New Street Square London EC4A 3TW United Kingdom |
Official site | bitstamp.net |
Contacts |
+44 20 3868 9628
+1 800 712 5702 |
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