One of the oldest cryptocurrency exchanges is Bitstamp, which started its operations in 2011. This Bitstamp 2025 review gives a deep look at its background, team, features, and which countries they are accepted under. It will teach you about transaction fees, price, and platform reputation. Is Bitstamp trustworthy? Are the fees good for individual and professional users? Should you create an account? There are reliable exchanges which both individual traders and institutional investors need. That puts you on the right path if Bitstamp is on your radar.
At the end of this review, you’ll find out if Bitstamp will be the right crypto trading and investing site for you.
What is Bitstamp Exchange?
Bitstamp was established in 2011 in Slovenia by Nejc Kodrič and Damijan Merlak. One of the first places to trade Bitcoin, it maintained rivalry with popular Mt. Gox exchange at the time. In 2013 Bitstamp relocated to the UK and in 2016 to Luxembourg. In late 2018 the company was bought by a Belgian company called NXMH. Today, it has a presence in the UK, Luxembourg, the Netherlands, the USA, Singapore and Slovenia.
Regulators have strict rules regarding how Bitstamp can operate. It has been supervised by the Luxembourg Financial Regulator (CSSF) since 2016. It also became the first exchange in the EU to receive a Payment Institution license, and subsequently one of the few exchanges to have received a BitLicense from the New York Department of Financial Services in 2019.
For those who trade Bitcoin and altcoins, as well as fiat currencies, bitstamp is well suited for intermediate crypto users. Particularly, it provides relatively high trading volume for spot trading. But advanced traders who would like leverage, margin or options may find this platform unsuitable. Bitstamp also hopes to offer a low fee method for appreciable levels of crypto.
In 2014 and 2015, the platform was hacked, and the trading was sometimes suspended temporarily. In the event that a hacker manages to hack the exchange, they have stolen 19,000 Bitcoins in 2015.
Pros and Cons of Bitstamp Exchange
Pros
- It is a regulated exchange.
- Low trading fees.
- Supports over 200 spot cryptocurrencies.
- Provides strong security.
Cons
- Limited advanced trading tools.
- It involves full KYC (Know Your Customer) verification.
Bitstamp Fees
The fees on Bitstamp are lower than many exchanges. Wire deposits from international are 0.05%, withdrawals are 0.1% internationally. SEPA and ACH deposits are free, and ACH withdrawals are free as well, SEPA withdrawals cost 3 EUR.
The amount you trade determines how much fee you pay when you trade. Monthly trades worth less than $10,000 will incur the highest fee being 0.5%, but if the trading volume exceeds $10 million in 30 days the fee goes down to 0.1%. But, there’s a 5% fee to use credit or debit cards as payments.
Staking ETH2 and ALGO costs you 15% of your earned rewards. There is no fee for deposits or withdrawals for Bitcoin, Litecoin, and Ethereum. Bitstamp’s website also displays all fees.
Key Features of Our Bitstamp Review
Here are the main highlights of Bitstamp:
- Bitstamp Earn: The good thing is that you can stake your crypto receiving rewards on the main platform of Bitstamp.
- Wide Variety of Cryptocurrencies: There are more than 200 cryptocurrencies that are available for spot trading on Bitstamp.
- Institutional Trading: For family offices and small hedge funds that require reliable crypto brokerage, Bitstamp also has a service.
- User-Friendly App: In addition, Bitstamps mobile app is a very simple to use one, to trade it from anywhere.
- High Trading Volume: Daily volume trading on Bitstamp makes it in the Top 20 platforms.
Trading platform
The two types of trading interface bitstamp provides are the beginner interface and the Tradeview for experienced users.
The beginner friendly approach of the platform is to present a short term price line chart and a buy/sell box.
Tradeview is a real time charts and order books and depth charts and four types of orders: market, limit, stop and instant for experienced traders. One can also set price alerts for the assets you like.
Currencies and Payment Methods
Fiat payments can be made at Bitstamp in Euros and US dollars. Should you have a European bank account you can do a speed transfer with SEPA. A further accompaniment to this is wire transfers and US dollars going in instantly via ACH. There are no minimums whatsoever, and thus this is accessible to all users.
It is possible to purchase Bitcoin via credit card, but there is a 5% fee in addition to any fees you incur through your card issuer.
Bitstamp offers trading for 75 cryptocurrencies, including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
- Cardano (ADA)
- Polygon (MATIC)
- Avalanche (AVAX)
- Shiba Inu (SHIB)
- Uniswap (UNI)
- Chainlink (LINK)
- Bitcoin Cash (BCH)
Bitstamp accepts all types of these cryptocurrencies to deposit on them. Bitstamp also accepts BTCUSD IOUs as a gateway to the Ripple network. AstroPay payments are also accepted.
Is Bitstamp Safe?
Bitstamp takes user security seriously. Most of the user fund was stored in offline cold storage to reduce hacking risks. It is also recommended to users to turn on 2FA for added protection. Also, the platform is checked regularly for security issues and works with the strict Anti Money Laundering (AML) and Know Your Customer (KYC) rules. It has a Payment Institution License and It is regulated in Luxembourg.
In 2015, Bitstamp lost almost 19,000 BTC ($5 million) in a phishing attack. Since then, it has compensated affected users as well as upgrading its security measures.
Customer Support
Bitstamp answers 80% of calls within 30 seconds, and will respond to 99% of the emails within 24 hours. Additionally, it has a helpful FAQ for common questions. Bitstamp removed some users and started complaining about ‘inactivity fees’, which the company has removed. In addition, others raised concerns about KYC rules that led to account suspensions from verification. In our opinion, Bitstamp is usually quick to react to any issues.
Conclusion
Bitstamp is a trusted crypto currency exchange for purchasing or trading coins especially in large volumes. It has a good reputation and is an excellent option for EU users. Funds are strongly secured, and customer support is also a strong point where they reply very quickly. But, it lacks the cryptocurrencies of bigger exchanges and charges higher fees for smaller trades. If these meet your needs, you can easily make yourself a Bitstamp account and begin trading right now.
Also read: Coinbase Crypto Exchange Review
