Pros

• Long-standing reputation as one of the oldest cryptocurrency exchanges since 2011
• Highly secure with cold storage and multi-sig technology for hot wallets
• Regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg
• User-friendly interface suitable for beginners
• Supports multiple fiat currencies including USD, EUR, and GBP
• Offers a variety of deposit methods such as SEPA, wire transfer, and credit/debit cards
• Low trading fees, especially for high-volume traders
• Mobile app available for both Android and iOS
• Institutional services with 24/7 OTC desk and deep liquidity
• Staking options for Ethereum (ETH) and Algorand (ALGO)

Cons

• Limited selection of cryptocurrencies compared to other major exchanges
• Verification process can be lengthy and requires substantial personal information
• High fees for credit card deposits and international wire transfers
• Past security breach in 2015 where 19,000 BTC were stolen
• No insurance for user funds stored on the platform
• Staking options are limited to only two cryptocurrencies
• Customer support primarily through email ticket system, which can be slow
• Limited advanced trading features and tools compared to competitors
• Not available in certain countries due to regulatory restrictions
• Withdrawal fees for SEPA and wire transfers can be relatively high

Spot Trading

Staking

Fees

Like all centralized exchanges, Bitstamp charges fees. This is how they generate revenue, and keep their operation running.

• Deposit fees. Fortunately, most centralized exchanges don't charge deposit fees when you deposit with crypto. Though, they charge for fiat deposits, which vary dependant on the payment processor and fiat option that you're using.
• Withdrawal fees. Bitstamp charges withdrawal fees. They vary based on what you are withdrawing and the payment method that you're using. Crypto withdrawals will also incur network transaction fees, they are not paid for by Bitstamp.
• Bitstamp's maker fees: 0.3%*
• Bitstamp's Taker fees: 0.4%*

Maker/taker fees are tiered. As you trade more and generate volume, they often fall.

Payment Methods

Bitstamp supports 3 payment method(s). You can use the following the deposit/withdraw to/from the exchange.

• Credit/Debit Card
• Bank Transfer
• Crypto

Be aware that they may be withdrawal/deposit limits imposed, and the payment methods may also vary based on your location.

Bitstamp supports 3 fiat currencies.