Bitstamp Exchange

Bitstamp is a long established and highly regarded European Bitcoin exchange that is headquartered in Luxembourg. Bitstamp was briefly the world’s second largest Bitcoin exchange by volume though it has since been surpassed by other sites. Nejc Kodrič and Damijan Merlak from Slovenia are the founders of Bitstamp, which at one point was the only alternative to Mt. Gox in the early days of Bitcoin. Despite losing 19,000 bitcoins in a hack in 2015, Bitstamp has since recovered and holds a positive reputation within the industry today.

Bitstamp accepts customers from the European Union and the United States, as well as selected other countries, for example the United Kingdom, Turkey, Switzerland, South Korea and others. While Bitstamp previously only listed a few cryptocurrencies, the exchange has been expanding its offering in recent years. Bitstamp now offers trading in both major cryptocurrencies like Bitcoin and Ethereum, as well as smaller crypto assets like DeFi protocol governance tokens. In addition, the Bitstamp API allows developers to build applications that pull market data from the site.

In October 2018, Bitstamp was acquired by NXMH, a Belgium-based investment company owned by South Korean holding company NXC. The deal was reportedly worth around $400 million, but the financial terms of the deal haven't been disclosed officially. 

Is Bitstamp safe?

We currently label Bitstamp as a trusted exchange, which means that it satisfies the criteria we have selected for trusted exchanges. Trusted exchanges are more established in the industry and usually have stronger security practices. The “Trusted Exchange” tag is for informative purposes only and does not represent an endorsement from CoinCodex.

How do you put money in Bitstamp?

You can fund your account on Bitstamp by depositing cryptocurrency. Alternatively, you can also deposit fiat currency to Bitstamp via a bank transfer.

Can you deposit fiat on Bitstamp?

Yes, you can deposit fiat on Bitstamp. The exchange supports the Euro, US Dollar, and British Pound Sterling. This makes Bitstamp a suitable option if you don't own any cryptocurrency yet. You can deposit fiat currency on Bitstamp and buy your first cryptocurrency.

Can you buy crypto on Bitstamp with credit card?

You can buy crypto with a credit card on Bitstamp. Buying cryptocurrency with a credit card is one of the fastest ways of purchasing crypto, but it typically also comes with substantial fees. Make sure to check the applicable fees before making your purchase.

Can I trade with USDT stablecoin on Bitstamp?

No, you currently cannot trade on Bitstamp with the USDT stablecoin. If you want to trade USDT, you can check out the available options on our list of cryptocurrency exchanges that list USDT.

Does Bitstamp have a mobile app?

Yes, Bitstamp has a mobile app. The exchange’s app is available for Android and iOS. A mobile app will allow you to check the performance your holdings on the exchange and trade cryptocurrencies on the go.

Is Bitstamp a centralized or decentralized exchange?

Bitstamp is a centralized cryptocurrency exchange. This means that Bitstamp manages users’ cryptocurrency deposits, and its systems handle the trades happening on the platform. Centralized cryptocurrency exchanges are suitable for all types of users, ranging from beginners to professional traders.

How many cryptocurrencies can I trade on Bitstamp?

You can trade 41 tokens on Bitstamp across 95 trading pairs.In total, Bitstamp handled $ 32.77M worth of trades in the last 24 hours.