Bitstamp EU Review 2024

Our veredict

Bitstamp is one of the oldest and most reputable cryptocurrency exchanges, established in 2011. It is headquartered in Luxembourg and serves over 4 million users globally. Known for its strong regulatory compliance and security measures, Bitstamp offers a user-friendly platform that supports a wide range of cryptocurrencies and trading pairs. The platform is particularly suitable for beginners due to its intuitive interface and comprehensive educational resources, while also catering to advanced traders with its advanced trading tools and institutional services. However, Bitstamp has higher fees compared to some competitors and lacks features like margin trading and live chat support​.
Despite its strengths, Bitstamp has some drawbacks. The platform’s fees can be relatively high, especially for credit card transactions and international withdrawals. Additionally, while it supports a good range of cryptocurrencies, it may not offer as many options as some other exchanges. Bitstamp also lacks 24/7 live chat support, which could be a disadvantage for users needing immediate assistance. Nonetheless, its long-standing reputation and robust security make it a reliable choice for both new and experienced cryptocurrency traders.

Pros

Cons

4

Threenvest Score

Fees

0.50% per transaction

U.S Legal

Yes

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To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

Why choose Bitstamp EU?

Choosing Bitstamp as your cryptocurrency exchange brings several advantages that make it a compelling option for both beginners and experienced traders. Firstly, Bitstamp’s long history and strong regulatory compliance provide a solid foundation of trust. Founded in 2011, it has consistently adhered to stringent security measures and is regulated by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, ensuring a high level of safety and reliability​.
Bitstamp offers a user-friendly interface that simplifies trading for beginners, while advanced traders can benefit from its sophisticated tools and features. The platform supports over 80 cryptocurrencies, providing a broad range of options for diversifying portfolios. Additionally, Bitstamp’s trading fees are competitive, especially for high-volume traders, making it a cost-effective choice for regular trading activities​.
Another key strength is Bitstamp’s commitment to security. The platform employs robust security protocols, including two-factor authentication (2FA), cold storage for most assets, and comprehensive device management, ensuring that user funds and data are well protected. Bitstamp’s strong reputation and positive user reviews further highlight its reliability and trustworthiness in the crypto space.
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EIP and Cryptocurrency Investor

As a seasoned crypto analyst, I highly recommend Bitstamp for those new to cryptocurrency trading. The platform’s user-friendly interface makes it easy to navigate and execute trades, while its robust security measures, including two-factor authentication and cold storage, ensure that your assets are well-protected. Additionally, Bitstamp’s strong regulatory compliance and long-standing reputation in the industry provide an extra layer of trust and reliability, making it a great starting point for anyone looking to enter the crypto market.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.