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In the cryptocurrency community in particular and the world of digital currencies in general with many big names of major exchanges such as Binance, Houbi, Coinbase ... Bitstamp is mentioned as one of the extremely excellent exchanges. with lots of user-friendly and versatile utilities, along with very good security practices.
Today, I would like to introduce to you in a more detailed and specific way about this exchange.
This is a well-known exchange and has a long history in the cryptocurrency market.
It has been in operation since 2011 and became very famous when it competed with Mt Gox at the time. The floor was founded by Nejc Kodric and Damijan Merlak in Slovenia. In 2013, Bitstamp moved some of its operations to London.
It can be said that Bitstamp is a prestigious and very popular platform in the Crypto market. When it was granted a license to operate in April 04 in Luxembourg, it was approved to operate and comply with the local government's financial laws.
Along with that, it has been licensed in all 28 European Union countries.
In the next section, I will guide in detail how to create a Bitstamp floor account.
In order for the registration process & KYC to take place quickly, you should prepare some things as follows:
You access the link: https://www.bitstamp.net/
At the registration interface, you need to follow these steps:
Step 1: Click "Register" to be ready to open a new account. If you already have an account on this floor then you can skip this step and can login immediately to the floor.
Step 2: You can choose one of the two forms of registration as an individual or an organization.
Step 3: Remember to fill in all the necessary information exactly. This will be the premise for you to complete that Identity Verification (KYC) procedure:
Step 4: Click "Continue" and finished the floor registration.
Confirm the link again in the mailbox to Email.
Step 5: This is an important step so that your brokers' s account can hardly be logged in.
note: Restrict to save passwords normally or related to your date of birth. Please choose a password with 8 characters or more, the first letter should be capitalized, combine numbers and special characters!
After setting a satisfactory password, click "Continue".
You should prepare some necessary documents to verify your identity (KYC), including ID cards, Driver's License, Passport.
Because now with the government regulations to tighten money laundering, I think this is a necessary step to do.
You need to fill out the information:
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Click continue and confirm the phone number.
note: For brothers and sisters in Vietnam, the prefix will be +84 and phone number (remember to remove the leading zero).
After that, the 4-digit code will be sent to your registered phone number. Remember to enter it correctly and correctly!
So you have finished verifying the phone number at Bitstamp.
Choose one of the verification forms:
For me, I will use ID card to KYC. You can optionally choose one of the three documents above and the verifications are exactly the same.
Some attention to the brothers do KYC faster:
The verification time is usually very quick, about 5-10 minutes is the identity verification process was successful.
Protect your floor account by setting up 2FA security.
Brothers install the application Google Authenticator on mobile devices. Then, continue to click Setup 2FA as shown below and follow the instructions.
Some ways for you to quickly deposit money into Bitstamp:
For example: Here's how to deposit in USD:
With the withdrawal at the floor also has a lot of options. Personally, I should withdraw coins. Because withdrawing coins will be easy - fast - cheap. I will take ETH for example, other coins are similar:
You can choose one of the ways to buy or sell BTC such as:
For those who want to buy / sell immediately (instant) does not need to rely on graph charts, it is entirely possible to choose this form.
Exchange will charge 5% for each transaction made by credit card (Credit Card).
Usually 10 USD per withdrawal.
Making an international bank transfer will incur a fluctuating fee of 0.05% -0.09% for deposits.
A fee of EUR 90 for withdrawals when you use EUR and are currently living in Europe.
Transaction fee at the floor: Small transaction is 0.25% per transaction, this fee will be gradually reduced to 0.1% for transactions over EUR 18 million in 30 days.
You can access immediately at the address: http://www.bitstamp.net/support to receive support from the floor team offline.
BTC, ETH, XRP, BCH, LTC. This process is done very quickly and almost no withdrawal fees offline.
Have. Because this is a large exchange, with a long history in the field of Crypto. Large liquidity, very suitable for those individuals and organizations using USD or EUR.
Have. Moreover, the exchange has good account security mechanisms by offline coin storage and a very fast, friendly support team.
In addition, the exchange has insurance for deposits as well as mandatory implementation of 2FA and SMS security mechanisms for users.
It can be said that the deposit / withdrawal fee at the floor is extremely low, almost insignificant. If there is a withdrawal fee, the exchange only charges miner confirmation on the Blockchain network. Specifically:
Since its operation until now, in addition to the 2015 hack with 19000BTC stolen, the floor has not recorded a similar incident so far.
Currently the exchange is very good, very rare errors are too large related to floor maintenance.
The hometown of the floor is in Slovenia. Headquartered in Luxembourg and licensed in 28 European countries.
Bitstamp has not issued a coin yet. If there is an official notice from the exchange, I will update you as soon as possible.
Currently, the floor does not have a branch in Vietnam, so sometimes Vietnamese users will encounter some difficulties.
If you have any problems, please select the English language to contact the support team of the floor.
Currently, there is no specific withdrawal limit for each coin and money at the exchange. This mechanism will be updated soonest in a near future.
Have. You can go to CHPlay or IOS to download the app's app!
On the exchange, there are 15 trading pairs based on three core trading coins: USD, EUR, BTC. In the future, the exchange will develop new trading pairs such as:
There is currently no announcement for the IEO release.
Maybe you are interested in: What is IEO? A Complete Guide to IEO Investments
Bitstamp is a long-standing platform, suitable for the majority of individuals and organizations trading cryptocurrencies through USD, EUR. This is a quite reputable floor and is used by a lot of users today.
I hope the information above will be very helpful and will help a part for those who want to participate in trading at Bitstamp.
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