• 𝗕𝗶𝘁𝘀𝘁𝗮𝗺𝗽 𝗟𝗼𝗴𝗶𝗻 - 𝗦𝗶𝗴𝗻𝗨𝗽 𝗖𝗿𝗲𝗮𝘁𝗶𝗼𝗻

    • Bitstamp was founded in 2011, just two years after the creation of Bitcoin. The company may lay claim to the title of the longest-running crypto exchange on the planet.

      • First, upload forms to prove that you're going to fund an account from a personal bank account.
      • Then, complete the “Know Your Customer” verification which involves taking selfies and pictures of your photo ID and proof of residency, such as current utility bill.
    • While the company offers advanced features that crypto trading enthusiasts require, Bitstamp continues to focus on the mainstream adoption of cryptocurrency. It simplifies the crypto buying process (register, fund, and trade) and provides a high level of security on its platform.

       

      What Does It Offer?

      Bitstamp is a crypto exchange committed to making access to crypto easier. It helps everyday people transition into crypto trading with an intuitive exchange and solid trading guides. But the company also supports advanced crypto traders with charts, API access, and trading rules.

      Buy and Sell 70+ Crypto ‘Tokens’

      Bitstamp login supports more than 70 unique tokens, which is really just another name for cryptocurrency or cryptoasset. Tokens mainly refer to cryptocurrencies other than Bitcoin and Ethereum, even though those are technically tokens too.

      Compared to other largest exchanges, Bitsamp doesn’t offer as many tokens, but just know that most of the big name tokens can be traded through Bitstamp login.

       

      Staking Not Available in the U.S.

      Staking is a process where a known token in the blockchain is used to verify and validate the blocks on the blockchain. In exchange for locking up access to assets for a while, investors receive a small reward for participating in the blockchain.

      Staking reduces the energy consumption associated with the blockchain while maintaining the validity of the chain. Bitstamp allows investors to earn passive crypto by staking Ether (ETH) or Algorand (ALGO). Unfortunately, this option isn’t available to investors based inside the United States.

       

      Same Price for Advanced Trading Platform

      Bitstamp has an advanced crypto trading platform called Tradeview. This platform supports all kinds of advanced visualizations and trading options.

      Most crypto enthusiasts won’t need all the functionality that comes on Tradeview, but the platform doesn’t cost extra. Anyone who wants to do research can use the advanced trading platform.

      Buy Crypto using Fiat Currency or Crypto

      Bitstamp supports crypto investors from their first trade on the blockchain all the way to advanced traders. People preparing to make their first crypto purchase can deposit fiat currency (U.S. dollars) to Bitstamp and initiate their first trade through the platform. Investors can even buy crypto using a credit card (though this requires paying a 5% fee).

      Bitstamp also supports crypto to crypto trades and allows users to convert their crypto back to fiat currency at any time (prices are subject to market fluctuations).

       

      How Does Bitstamp Compare?

      While plenty of crypto exchanges have doubled down on crypto jargon and complexity, Bitstamp continues to make crypto more accessible to everyday people. It has a clear fee structure that’s competitive with other large exchanges, like Coinbase.

      It is not the cheapest exchange on the market—Binance is typically the low-cost leader—but it is well-insured and easy to use. Many people will dismiss these attributes, but they are important, especially for individuals who are worried about crypto investing.

      Bitstamp differentiates itself by offering its Tradeview, its advanced platform made available to anyone who chooses to use it.

       

      How Do I Open An Account?

      To create an account at Bitstamp, you’ll need to fill out a registration form which can be done online or through the app. The registration includes typical account opening details such as your name, address, and contact information.

      Once the registration form is complete, Bitstamp login has a two-step verification process.