Bitstamp logo design
Cryptocurrency deposits and withdrawals are free. The only exception to this is when customers withdraw bitcoin using BitGo Instant — which costs 0. With fiat currencies, customers are generally charged for deposits and withdrawals. International bank transfers have a deposit fee of 0. This is cheaper than Bitfinex, for example, but compared to exchanges which charge a flat fee for wired withdrawals it can work out as more expensive depending on the amount being transferred. Things are different with euro transfers using SEPA.
As for trading fees, Bitstamps charges sit somewhere in the middle compared to other exchanges. Its trade fees start at 0. To put this in some perspective, GDAX also charge 0. Bitstamp is one of the oldest cryptocurrency exchanges currently in operation. Launched in August and now based primarily in Luxembourg, it occupies an accessible middle ground between advanced trading and trading for beginners. It allows users to perform a variety of trade types no margin trading though , and it trades in bitcoin, ripple, litecoin, ether, and bitcoin cash as well as in USD, GBP, and EUR.
However, in contrast to other platforms for more serious traders it also lets users deposit and withdraw funds using their credit and debit cards, although this is usually more expensive than using a bank transfer.
Given that it has been going for so long, its security is generally solid. That said, it was subject to a couple of cyberattacks in and then in , when nearly 19, bitcoins were stolen. Bitstamp has come a long way since its relatively high-profile hack in , with the exchange using a variety of measures to ensure that accounts remain safe.
Users are able and encouraged to turn on two-factor authentication, which works using Google Authenticator. The public domain status of this work is only in regards to its copyright status. There may be other intellectual property restrictions protecting this image, such as trademarks or design patents if it is a logo.
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