Bitstamp Review 2023

Bitstamp screenshot

Bitstamp is a leading cryptocurrency exchange and trading platform. They support 74 coins across 165 markets.

In this review, we'll cover everything you need to know before signing up. All the main features, pros and cons, included.

Bitstamp Overview

Bitstamp was built by Nejc Kodrič in 2013, and has been in operation since.

The exchange is based in Luxembourg, and serves many customers all over the world. Provided you're in one of the supported countries, you're free to trade.

Bitstamp Services

  • Spot Trading. Bitstamp allows you to trade, buy, and sell, crypto on spot markets. Meaning you're trading the real thing. You can deposit and withdraw this crypto.
  • Staking. Bitstamp allows you to stake your crypto and earn passive income.

Bitstamp Payment Methods

Bitstamp supports 18 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 over 3 fiat currencies: USD, , .

Bitstamp Security

Bitstamp offers 1 layer(s) of security. Aside from the obvious, email and password.

    Bitstamp requires KYC to use their services. KYC usually involves sharing your full details, some form of ID, and a mobile phone number.

    Bitstamp Fees

    Like other 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.