Bitstamp is a cryptocurrency exchange made by Nejc Kodrič and Damijan Merlak in 2011. The exchange was founded as a European-focused alternative to the infamous Bitcoin exchange, Mt.Gox and is headquartered in London, United Kingdom.
Bitstamp is one of the world’s longest-standing crypto exchanges and offers professional trading services for the trading of Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), and XRP. The exchange supports crypto-to-crypto trading as well as fiat-to-crypto with fiat support for the US dollar (USD) and the Euro (EUR).
The Bitstamp exchange is ideal for professional traders and institutional clients due to it’s advanced trading interface, proven reliability, and first-grade security. The advanced trading platform features high liquidity and reliable order execution with constant uptime. As well, traders benefit from real-time market insights, a range of analytical tools, and various order types to execute any strategy. Bitstamp also offers FIX, HTTP and WebSocket APIs for fast and stable connections to customized trading interfaces where traders can execute algorithmic strategies.
Apart from serving professional traders on Bitstamp, the exchange also provides institutions and partners with enterprise-level access to the crypto markets. One such example is BitMEX, a leading cryptocurrency exchange and derivative trading platform that uses Bitstamp to determine the index price of Bitcoin. Moreover, Bitstamp is also ideal for retail traders as the trading interface is still easy to use while being advanced. As well, the exchange offers an intuitive mobile app that allows traders to easily place advanced order types or simple buys and sells.
As for Bitstamp trading fees, they offer a tiered fee system that’s based on trading volume. Traders who trade less than $10,000 per month pay a fee of 0.50% on all trading pairs and the fees decrease from $20,000 in trading volume and up.