Bitstamp review

Bitstamp supported cryptocurrencies

Bitstamp offers an impressive lineup of 102 different cryptocurrencies, from well-known giants like Bitcoin and Ethereum to a diverse array of intriguing altcoins. With 218 trading pairs available, you have a wealth of opportunities to explore and trade.

Bitstamp supported fiat

Bitstamp makes it easy for everyone by supporting a variety of fiat currencies like USD, EUR, GBP. This means you can deposit and withdraw funds in your local currency without any hassle.

Bitstamp deposit and withdrawal methods

Bitstamp offers a range of deposit and withdrawal methods that make it easy to manage your funds. You can use bank wire transfers, SEPA (free for deposits, with a small fee for withdrawals), ACH transfers for U.S. users, and credit or debit cards with a 4% fee for deposits. Cryptocurrency deposits are free, and withdrawal fees depend on the asset, such as 0.0005 BTC for Bitcoin.

Bitstamp loans

Bitstamp currently doesn't offer loan services. The platform is focused on cryptocurrency trading, staking, and wallet management, making it a solid choice for those looking to securely trade and manage their assets.

Bitstamp restricted countries

Bitstamp restricts access in certain countries, including North Korea, Iran, Syria, Cuba, and Sudan. These restrictions are due to compliance with international regulations and sanctions, ensuring a secure trading environment.

Is it possible to use leverage or margin trading on Bitstamp?

Bitstamp does not provide leverage or margin trading. The platform focuses on spot trading, making it a good option for users who prefer a straightforward trading experience without the complexities of leveraged trades.

Bitstamp Spot Trading

Bitstamp focuses on spot trading, giving users the chance to buy and sell cryptocurrencies at current market prices. This makes it a great option for those who prefer simple, direct transactions. With a variety of cryptocurrencies available, like Bitcoin, Ethereum, and XRP, Bitstamp ensures a user-friendly experience for traders at any level.

Bitstamp Earning Services

Bitstamp offers earning services through its Bitstamp Earn program, providing options like staking and lending. You can stake cryptocurrencies such as Ethereum (ETH) and Algorand (ALGO) with an APY of up to 5%. The lending service also gives you the opportunity to earn interest on your assets, with flexibility and no lock-up periods for some options.

Bitstamp OTC Trading

Bitstamp offers an OTC RFQ (Request-for-Quote) service for high-volume trades ranging from $50,000 to $500,000. It’s a straightforward way to execute large transactions without impacting the spot market, with trading pairs like BTC, ETH, USDC, and USDT. This service is designed to help traders complete big orders smoothly, while getting real-time quotes and avoiding slippage.

Bitstamp Fees

Bitstamp uses a volume-based fee structure that starts at 0.5% for trades under $10,000 in a 30-day period, with lower fees for higher volumes. For example, traders with larger volumes enjoy reduced rates. The platform also has competitive withdrawal fees, like 0.0005 BTC for Bitcoin. It’s a good idea to check Bitstamp's website for the latest fee updates, as they may change over time.