Moving back to Europe, Bitstamp is a Luxembourg based company with offices in London and New York as well. Their straightforward, unpretentious home page highlights key selling points, working partnerships, and news snippets alongside their BTC, XRP, LTC, ETH, BCH, USD and EUR trading pairs – they even have a EUR/USD pair – with live order book information on each pair front and center.
You can make deposits using SEPA, international bank wire, or credit card, but be careful to check if your bank allows this latter option and if they charge additional fees to the 5% charged by Bitstamp. SEPA deposits are free on the other hand, and bank wires have a minimum fee of 7.50€. SEPA withdrawals cost .90€ and bank wires a minimum of 15€. For their full list of fees, including trading fees – which are competitive – see their fee schedule posted on their website. An additional feature that will also likely interest many is the Bitstamp prepaid debit card – the aforementioned fee schedule has all the pertinent info for that too.
Security best practices are in place, running the gamut from the basic 2FA for user login, to full annual audits by one of “The Big Four”, as well as full yearly audits which include IT security checks and data protection processes. Their Internal Processes page offers readers more information about Bitstamp’s pioneering efforts in this area, what it all means, and how customers benefit.
Full ID verification is required - see the quick video guide here:
And for the answers to many of your other questions, they have one of the better FAQ out there.
Previous posts in this series:
HowTo Buy Crypto – Part 1: LiteBit
HowTo Buy Crypto – Part 2: Coinbase
HowTo Buy Crypto – Part 3: GDAX
HowTo Buy Crypto – Part 4: Kraken
Read the "The Dos and Don’ts" here if you're not aware of my rules.
An excellent overview and Bitstamp is one of the few exchanges to which you can make money using traditional payment methods, such as bank cards. Thus, you can use Bitstamp to buy bitcoins, which you can then dispose of at your own discretion. Directly trading on the exchange is carried out in the tab Buy / Sell. The platform, at first glance, seems somewhat overloaded with information, although in fact all the tabs present are necessary for conducting high-quality trade. Traders can use popular indicators and additional tools for building price charts. From the orders are available four types: Instant, Market, Stop and Limit. Analyzing Bitstamp it is worthwhile to emphasize once again the availability of a license. Still, for similar exchanges, the availability of a detailed document is rare, and therefore the level of confidence in the site increases at times. In addition, registration data is not hidden, as is the actual location of the exchange. There is an opportunity to contact specialists, either via e-mail or by phone, which is also a big rarity for crypto-exchange exchanges. Usually, such companies try to hide all possible contacts. Thank you @cryptographic
Very important point you make there, and a very big plus for the exchanges and commercial brokers that do interact on the "human" level.
Totally agree with you, this is a very important point!
https://www.techradar.com/how-to/how-to-buy-bitcoins-with-bitstamp
Excellent.
Thank you for your support
Sorry Sir without your permission i share your post ...
https://steemit.com/cryptocurrency/@jcobs/how-to-buy-cryptocurrency-by--cryptographic
Hello @cryptographic,
Extraordinary good idea to discuss & review of BitStamp. For me it's a well reputed exchanges & few times I made Fiat to Crypto (BTC) transactions with them. They work smoothly & never made me worry about their services. It's a good option to buy crypto (limited set of currencies) by using the favorite bank transaction method credit cards.
Beginner Friendly: Yes (It depends)
Mobile App: Yes
Company Location: Luxembourg, Luxembourg; Slovenia
Company Launch: 2011
Deposit Methods: Bank Transfer, Credit Card, Cryptocurrency
Withdrawal Methods: Bank Transfer, Cryptocurrency
Available Cryptocurrencies: Bitcoin, Litecoin, Ethereum, and Ripple
Community Trust: Great
Security: Good
Fees: Low
Customer Support: Okay
Source: https://www.forexbrokerz.com/brokers/bitstamp-review
~@mywhale
I've found the information bitstamp is the Exchange that existed in the year 2011 and ever got a hack on January 5, 2015, although bitstamp still occupied the position of the world's largest Exchange bitcoin and included exchanges of Bitcoin world's first have a license from the Government to sell _ buy bitcoin.
Thanks @cryptographic
Hacked on Jan 4, 2015, they closed for a week, reopened and seemed to have regained most of their customer base since that time by reacting with a complete overhaul on every level from the trading platform itself to the way security is handled.
https://www.coindesk.com/unconfirmed-report-5-million-bitstamp-bitcoin-exchange/
Thanks for your explanation and that link..!! :)
This series is going great we are learning about many exchanges from every part of the world and the pros and the cons steemians adding their insights too great it is :)
Thanks a lot for sharing about the bItstamp exchange :)
It is fascinating to watch how the banks are starting to limit what people can do with crypto. The credit card purchases of crypto might well be a thing of the past. It appears most are getting rid of them and banning it.
While I agree with this on one level since people should not be floating crypto on a credit card if they dont have the money, for many it is a quick way to get in. But the banks are doing this as a means of control, not to protect their customers.
By the way, I wrote a post about BitsFarm which will go live in March...a game on the Bitshares network. ...could it be Bitshares cryptokitty?
I like this exchange. Bitstamp is an official and registered in the European Union Stock Exchange. The main trading pair (even one can only say) is BTCUSD. Of the pluses - she never noticed such problems with insider trading as kraken \ poloniex and тп, where in the midst of trading there is a lot of lags, after which a candle pays out the whole glass, and the management of the exchange then writes that we were attacked by hackers and we are not in cases So, I did not watch the bitstamp of such problems.
The first nationally licensed Bitcoin exchange.
https://www.bitstamp.net/article/bitstamp-first-nationally-licensed-btc-exchange/
Thanks for the overview of all exchanges. I think the main advantage of bitstamp is that it is extremely trustworthy, being one of the space’s oldest exchanges after opening in 2011. Indeed, Bitstamp was originally created to compete with the now-infamous Mt. Gox exchange, so you can clearly see who won that competition and with API customization, investors can fine-tune how they use and facilitate their accounts. That’s a big perk for big-time traders. The user interface is a bit complicated and can prove slightly overwhelming for new users in the ecosystem
Very helpful post thanks for shere @cryptographic
Bitstamp is one of the most established and most regarded digital currency trade stages. It's been in activity since 2011.
The trade is most appropriate to middle of the road and experienced digital currency clients who need to exchange Bitcoin, altcoins, and fiat monetary forms. Bitstamp hopes to offer clients a low-charge approach to trade computerized monetary standards in huge sums. It's especially well known with Europeans, as it was created in Luxembourg and now has workplaces in London.
In this survey, you'll discover a top to bottom take a gander at Bitstamp, including its principle includes, its upheld monetary forms, and whether it will at last fit your prerequisites,
Thanks for sharing @cryptographic,keep sharing your valueable experience with us,stay blessed and happy.
Bitstamp is one of the best-known exchanges in the bitcoin community. It’s a popular, high-liquidity exchange that offers trades across a diverse range of pairs – including more obscure pairs like Ripple/JPY and DASH/CAD. If you’re looking for a high-liquidity exchange that’s well-regarded among the community, then bitstamp may be a good option. Thanks for sharing such an useful article.
It is a worldwide exchange that accepts different payment forms, including international wire transfer, EU Bank, AstroPay, and Ripple. It is considered as the oldest trading platform in the Bitcoin business. Bitstamp is one of the most reliable cryptocurrency exchanges out there. The company received a lot of good press when it became the first nationally-licensed crypto exchange in the world. Bitstamp will be licensed in all 28 European countries starting on July 1, 2016. Since then Bitstamp has enjoyed popularity among many Europeans cryptocurrency traders and has gained a lot of credibility as the safe option for European investors, much like Coinbase has in the United States.
you can utilize Bitstamp to purchase bitcoins, which you would then be able to discard at your own particular carefulness. Specifically exchanging on the trade is done in the tab Buy/Sell. The stage, at first look, appears to be to some degree over-burden with data, in spite of the fact that in actuality every one of the tabs show are fundamental for leading top notch exchange. Merchants can utilize well known markers and extra apparatuses for building value graphs. From the requests are accessible four writes: Instant, Market, Stop and Limit. Breaking down Bitstamp it is beneficial to underscore indeed the accessibility of a permit. All things considered, for comparative trades, the accessibility of a definite report is uncommon, and in this way the level of trust in the site increments now and again. What's more, enrollment information isn't covered up, just like the genuine area of the trade. There is a chance to contact experts, either by means of email or by telephone, which is likewise a major irregularity for crypto-trade trades. Generally, such organizations attempt to conceal every single conceivable contact. Much thanks to you @cryptographic
now @magoo-1 on duty now.
Hlw author this guy owner multi ID and always comment by multi ID.This person always try to chest and get your reward.
Magoo-1 is not a project of Mr. Magoo. Probably a type of copy-cat which go after rewards.
Regards,
Mr. Magoo
Strengths of Bitstamp@cryptographic - Sir once BitStamp was hacked... Therefore, I didn't create an account there Sir... I found these information & hope it'll helpful Sir...
Weaknesses of Bitstamp
https://www.bestbitcoinexchange.io/bitstamp-review/
+W+
Thanks for info,helpful metrials,thanks for updating us
Thanks for the info. I would like to know a few things before i register
You really help many new user who and make everybody learn a lot being it a beginner intermediate or expert your post always contains the element that you never make two articles on same thing and really that is what attracted me you always show something new that increases my knowledge in crypto field and as you know nothing goes for waste everything you helps you in some part of life.... Thanks @crytographic for making me potentially what I'm.. Keep steeming
Your article helped me to reminds me I had BitStamp account :D But I didn't use it very accurately! Moved to a better alternative as CEX.IO! You know I am stilling looking for options rather than CEX.IO and unfortunately not yet found them well. Anyway, this is excellent and one of the best reference to people who confused what exchanges they will use!
Yeah it's a big problem, in my country people wish to join crypto enthusiasm! But they made two mistakes at the beginning!
#1. They think this is an investment ( Easy way to be millionaires)
#2. They start following a mentor who cheer them to join ICOs (95% of those ICOs are just scams)@cryptographic,
After all they ask how to buy BitCoins and other legitimate cryptos? Then they go lots of problems about the Wallet, Exchanges and Strategy!
How many times I shared your articles in FB group chats :D Sometimes they might check them.
I think I will restart share this exchanges review series with them again! Because, it's hard to explain and it's hard to guide each and every one! So, this is a great idea and I wish you will write articles about WALLETS as well!
Cheers~
CEX.IO is next! 😁
That would be a big news of course :D
Another suggestion, please review CoinPayments.net too!@cryptographic,
Cheers~
very nice post. thank you for share
Great guide it's make it much simpler now
Great guide it's make it much simpler now
i dont know lot about crypto
But really iwant to learn
Thanks for sharing !!!
Bitstamp is great. I like your post. thanks for sharing.
I respect Bitstamp for naming Bitcoin cash as Bcash in the past , they ave changed it again to Bitcoin cash . They know the community and respect us unlike other exchanges . Their verification takes time though .
You can say that again. Still waiting from second week of January. Hope to be verified soon.
thank you sir for this info i like buy crepto
i invest in steem coin i think it's very good crepto for hodl
very helpful post dude keep sharing this type of content <3
You got a new follower <3 follow me back also
Bitstamp is one of the most popular fiat to Bitcoin exchanges. Tracing its beginnings to the first generation of exchanges, Bitstamp provides their customers with an easy to use, secure and reliable service since 2011.
Bitstamp is the first major bitcoin exchange to introduce and incorporate the industry's best security practices such as MultiSig technology for its hot-wallet, a fully insured cold-storage where over 98% customer BTC are kept off-line in secure vaults, in addition, a number of security features are available to its customers such as two-factor authentication and confirmation emails for enhanced account security.
The Exchange allows you to execute instant orders at the best bid or ask price as well as place limit orders, stop loss, and trailing stop orders. Business and individuals from all over the world can buy and sell bitcoins 24/7 through API or the Tradeview trading interface.
By using Bitstamp's mobile phone apps, available for both iOS and Android, its customers can trade bitcoins on the fly easily.
If you look for a secure and reliable exchange with good liquidity, and a robust infrastructure, then Bitstamp is your exchange of choice.
@cryptographic
https://www.cryptocompare.com/exchanges/bitstamp/overview
A copy and paste should be a quote that should also have the link to the original.
https://www.cryptocompare.com/exchanges/bitstamp/overview
Oh!Sorry... forget to add the source
Really Forget it...I will never do it again
For more information, click here!!!!
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This is a great,
I upvoted you as a witness :) good luck!
@magoo-1 on duty now.
Hlw author this guy owner multi ID and always comment by multi ID.This person always try to chest and get your reward.
Magoo-1 is not a project of Mr. Magoo. Probably a type of copy-cat which go after rewards.
Regards,
Mr. Magoo
New exchange with small fees. If you are a cryptocurrency trader, this could be interesting for you. see this website
https://www.altcoin.io?kid=KBXCX
I also like your all post always. thanks @cryptographic
#upvoted and #resteem done.
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Bitstamp is a well-established "licensed" stock exchange that serves Bitcoine since 2011, originating from the Luxembourg stock exchange.
0.25% < $20,000
0.24% < $100,000
0.22% < $200,000
0.20% < $400,000
0.15% < $600,000
0.14% < $1,000,000
0.13% < $2,000,000
0.12% < $4,000,000
0.11% < $20,000,000
0.10% > $20,000,000
If your transaction volume is large, the interruption is less. A separate feature on BitTam is that if you want to transfer your BTC to another BTC, you do not receive any transfer fees from you.
Excellent review of Bitstamp for the detail and balanced viewpoint that's given. Though I would say that more credit should be given for being one of the longest running exchange. Yes, Bitstamp was slow to take on alternative cryptocurrencies, but it was and has always been a major volume center for bitocin trading.
My analysis of Bitstamp would also analyze the users. Let's not forget that the site has one of the largest European user-bases.
This is the type of post I enjoy the most. Not only was the post informative and relevant but the community has engaged in resourceful discussion that helps even more as well! Knowing the exchanges is a very important part of getting into the space since only certain assets/pairs trade on a couple of them.
Well thanks buddy for the series !Will sure be helpful in getting to find more & more ways to get hands on buying crypto!
Just signed up, everything went smoothly. Uploaded all the necessary docs, Enabled 2FA, Just waiting for approval.
One thing we all need to realize is that the world is going crazy over all things crypto. Most exchanges are struggling with the amount of new users / extra load on the servers etc. Most cryptos are releasing new wallets making changes to their blockchain , upgrading their platforms. The crypto world is one big UNDER-CONSTRUCTION platform. We need to try and chill and wait for everything to settle down. In the meantime, Keep your coins safe offline.. When you are going to do a trade, send them up to your exchange wallet, do your trade then move your coins back to cold storage.. Just limit your risk. Take care!
@cryptographics
Fine tutorial for everyone, Bitsamp is one of the best BTC buying site.
Great lesson for how to invest in cryptocurrency,
This lesson help lot of non-technical people.
Great Series of Lessons.
Hii friend god post
Very interesting service. Thank you for sharing this information. Good luck to you and kind regards.
Hi @cryptographic, great explanation about Bitstamp! Thanks for sharing this about all this exchanges. This gives a great insight of the benefits and cons of each of them, taking into account the great comments and additions people are giving!
By the way, I wanted to let you know I mentioned you in the post with Promoting Steem - 10 Examples Showing How to Add Value on Steemit & The Steem Blockchain. Looking forward to your thoughts on it if you get the chance.
Promoting Steem - 10 Examples Showing How to Add Value on Steemit & The Steem Blockchain - Promo-Steem - All these Actions are Hugely Helping for the Growth of the Steem Blockchain
https://steemit.com/promo-steem/@gold84/promoting-steem-10-examples-showing-how-to-add-value-on-steemit-and-the-steem-blockchain-promo-steem
And here is the mention about you:
Example 1: Commenting on Posts in a way that adds value for the blogger, the post, and readers, as well as users and just visitors.
I definitely recommend you to check this recent post from @cryptographic about the Kraken Exchange, and see how several people are commenting in this Blog Post: https://steemit.com/howto/@cryptographic/howto-buy-crypto-part-4-kraken
Looking forward to hear your thoughts on this new post!
Regards, @gold84
Is #bitstamp like bitcoin. What the price, and how does the price high and fall. Can I really invest in the coin for over 1years. Hope they won't be like #bitconnect @cryptographic
Nice