What Is Bitstamp?

Founded In 2011, Bitstamp Is One Of The Oldest Centralized Exchanges (CEX), Serving Nearly 4 Million Users In More Than 100 Countries Around The World. The Exchange Claims To Provide A Convenient, Understandable And Easy-to-use Platform To Meet The Needs Of All Kinds Of Users.

Users Can Access 78 Digital Assets And Buy Cryptocurrencies Using Debit Cards, Credit Cards, Money Transfers, International Telegraphic Transfers, Etc. Novice Investors Have A Variety Of Teaching Resources And Trading Tools To Choose From, While Enjoying Year-round Professional Support Services. For Experienced Investors, Bitstamp Earn Offers Competitive Trading Fees, An Enhanced Platform, Tradeview, And A Staking Program.

The Exchange Holds A Payment Institution License From The European Union, As Well As A BitLicense In New York, And Is Regularly Audited By The Big Four Accounting Firms. In Addition, The Exchange Also Claims To Store Customers' Assets Offline, And Provides BitGo Insurance And Additional Crime Insurance For Customer Funds.

Bitstamp Is An Established International Site In Europe, Once Ranked Third In The World. BitStamp Was Founded By Nejc Kodric, Who Co-founded BitStamp In August 2011 With Damijan Merlak. In October 2013, Bitstamp Received A $10 Million Investment From Pantera Capital Management. In January 2015, Bitstamp Suffered An Unfortunate Hack, With $5.10 Million Worth Of Bitcoin Looted And The Platform Shut Down. Soon After, Bitstamp Was Reborn And Has Now Resumed Normal Operations.

Who Is The Founder Of Bitstamp?

The Exchange Was Founded In August 2011 By Damian Merlak And Nejc Kodric.

Demian Merlak Studied Calculators And Information Science At The University Of Ljubljana In Slovenia. He Initially Worked As A Software Engineer At Kilka And Lyst. He Served As The Chief Technology Officer (CTO) Of Bitstamp Until 2015 And As A Director Until 2018. Merlak Later Founded Ngen And Tokens.

Nejc Kodric Earned A Degree In Economics From Ekonomska Gimnazija Kranj And A Degree In Information Science From Fakulteta Za Organizacijske Vede (located In Kranj, Slovenia). He Previously Worked For Companies Such As GateHub, Apto Payments And Koto Labs. Before Founding Bitstamp, He Co-founded Gsrajununalniki, A Computer Hardware And IT Consulting Firm, With Other Investors.

In 2018, After NXMH Acquired An 80% Stake In Bitstamp, Merlak Immediately Sold All Of His Company Holdings And Stepped Down As A Director. Nejc Kodriase Will Continue To Serve As CEO Until 2020, When Gemini Managing Director Julian Sawyer Takes Over. Kodric Left The Board In Early 2022 After A Court Decision To Sell All Of His Holdings To NXMH.

Where Is Bitstamp Located?

The Exchange Is Used In More Than 100 Countries Around The World. Bitstamp Is Legally Regulated In Europe And The United States, And Has Offices In The United Kingdom, Luxembourg, The United States, Singapore, And Slovenia.

Countries That Restrict The Use Of Bitstamp

Bitstamp Complies With All Sanctions And Restrictions Imposed By The United States, The European Union, And Singapore.

Which Currencies Can Bitstamp Support?

Bitstamp Supports 78 Cryptocurrencies, Including BTC, ETH, LTC, XRP, USDT, USDC.

What Is The Handling Fee For Bitstamp?

The Handling Fee For All Trading Pairs Is In The Pending-eating Mode And Is Calculated On The Basis Of 30-day Trading Volume. For Traders With Trading Volume Under $1,000, The Handling Fee Is 0.00%. For Traders With Trading Volume Under $10,000, The Pending-eating Fee Is 0.30% -0.40%, And The Processing Fee Decreases With The Increase In Trading Volume.

The Exchange Charges A 15% Commission On Pledges And No Other Fees. Deposit And Withdrawal Fees Are As Follows: Debit And Credit Cards (5% Service Fee), SEPA (deposit Free, Withdrawal Fee 3 Euros), ACH (deposit And Withdrawal Are Free), Faster Payment UK (deposit Free, Withdrawal Fee 2 Pounds), International Telegraphic Transfer (deposit Fee 0.05%, Withdrawal 0.1%), Cryptocurrency (deposit Free, Withdrawal Fee Depends On Currency).

Is It Possible To Use Leverage Or Margin Trading On Bitstamp?

The Exchange Does Not Offer Margin Trading Or Financing Services.