№ 17 | Bitstamp - Cryptocurrency Exchanger Review CENTRALIZED
Bitstamp is a cryptocurrency exchange which is registered in the United Kingdom.
The project has been functioning since 2011 and during this time, the company managed to open offices in London, Luxembourg and New York.
The project is well known in the cryptocurrency community and the financial market. Bitstamp also has cooperation with Ripple, CACEIS and Swissquote. They also offers a convenient API for developers.
To get access to such functions as cash-in and cash-out, it is necessary to provide a certain personal information. In addition, Bitstamp provides support of international transfers, Visa and MasterCard payment systems, as well as SEPA to cash-in and withdrawal funds. The number of currency pairs that are supported by the exchange is significantly less than that of many competitors.
Bitstamp is one of the most popular trading platforms in the world and one of the largest in terms of volume.
It often takes the top places in various ratings. Strengthening the security system occurs through many measures that are taken by developers. One such example is the ability to connect two-factor authentication. Speaking about the service of support, there are a lot of complains of low speed of reception of the answer.
This can be attributed to the fact that now the industry is experiencing a large influx of newbie traders and investors and it should be said that the exchange is doing everything possible to eliminate such inconveniences as soon as possible.
To sum up, it should be said that the project is a good choice for those, who trade a limited number of the most popular currencies and needs a large volume of trading.
The exchange has been operating in the market for several years and is under the control of experienced and professional developers, which will allow you to less worry about the safety of funds.
The daily trading volume of Bitstamp is approximately close to $76 millions of dollars. At the time of writing only 14 crypto assets listed on Bitstamp.
- Support of international transfers;
- 2FA authentication.
- Many negative comments due to low quality of the support center;
- Lack of cryptocurrency diversity.