Bitstamp

Bitstamp was founded in 2011 and is an English Bitcoin exchange with offices in London, Luxembourg and New York.

The website is available in English only.

Bitstamp is the third largest exchange in terms of trading volume (according to coin market cap) in the BTC/USD and BTC/EUR trading pairs.

Crypto currencies: The crypto-currencies Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash are traded

Deposit methods: To deposit to the Bitstamp account you can use SEPA Bank Transfer, credit cards, AstroPay and the crypto currencies, Bitcoin, Ripple (XRP), Litecoin, Ethereum, and Bitcoin Cash.

A deposit by SEPA transfer may only be made from your own bank account. The name of the account holder must be identical to the holder of the Bitstamp account. It takes about 1-3 business days for the deposit to be credited to your account and then you can buy Bitcoins.

Faster payment by credit card. Here the deposit amount is credited immediately. Depositing by credit card requires entering the 3D-Secure password. The fees of the credit card institute amounting to 5% will be charged.

withdrawal methods: Bank transfer, SEPA, crypto currency

fees: Who trades less than <$20.0000,- pays 0,25% in fees. Bitstamp charges staggered fees based on turnover within 30 days.

Identity verification / KYC: Before you can trade with Bitstamp, you must pass the money laundering check. To do so, Bitstamp requires a copy of your identity card and proof of residence. This can be done by presenting a consumption bill or the back of a German identity card. The address given there is accepted as proof of address.

As part of the CFT (combating the financing of terrorism) audit on combating the financing of terrorism, it is necessary to indicate where the financial resources to be used for trade come from.

They are asked about the level of education, annual income, current assets, where the money for the deposits comes from, what they would like to deposit each year and how many transactions are planned.

Accounts can be opened with Bitstamp for companies and individuals.

Trading Crypto Currencies

At Bitstamp there are two different views of the trading platform.

Bitstamp offers an easy to use platform that can be accessed via Buy/Sell. This form is suitable for fast (instant order) buying or selling of Bitcoin.

Tradeview is a traditional looking trading platform for professional trading in crypto currencies.

Bitstamp offers mobile access to the account. You can install the Bitstamp app on your smartphone and connect to your Bitstamp account.
Via the mobile app you can trade, make deposits and withdrawals or view the course history.

Conclusion

Bitstamp has been one of the largest Bitcoin exchanges for trading in Euro and USD since 2011.

The user guidance is simple and clearly arranged. The possibility to buy Bitcoin immediately is a very pleasant solution, especially for beginners. For the alternative Tradeview variant, the professional traders will find a suitable view.

Payment by credit card is particularly interesting. The credit card fees of 5% are very reasonable compared to many alternative offers. The co-providers often advertise lower fees, then hide additional fees in the exchange rate. This is not possible with Bitstamp, as the exchange rate on the exchange is clear.

Bitstamp is therefore particularly recommended for beginners and those who wish to buy Bitcoin by credit card.

Detailed instructions on how to buy Bitcoin through Bitstamp can be found at Bitcoin-kaufen.org: http://bitcoin-kaufen.org/bitstamp/

Go directly to Bitstamp: https://www.bitstamp.net