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CryptoCurrency

Bitstamp Exchange

Bitstamp Exchange review explained by professional cryptocurrency exchange site, All you need to know about Bitstamp Exchange Fees, For more information about Bitstamp exchange you can also visit Bitstamp review by ForexSQ.com crypto currency website, The TopForexBrokers.com cryptocurrency exchange review and comparison, or Fxstay.com crypto currency investing company and get all information you need to know about the Bitstamp exchange.

Bitstamp Exchange Review

Bitstamp is a bitcoin exchange based in Luxembourg. It allows trading between USD currency and bitcoin cryptocurrency. It allows USD, EUR, bitcoin, litecoin, ethereum, ripple or bitcoin cash deposits and withdrawals.

The company was founded as a European-focused alternative to then-dominant bitcoin exchange Mt. Gox. While the company trades in US dollars, it allows money to be deposited through the European Union’s Single Euro Payments Area, a convenient way of transferring money between European bank accounts.

Bitstamp is one of the few cryptocurrency exchanges which accepts deposits directly from traditional payment methods. In essence this service can be used to obtain Bitcoin (via a bank transfer or credit card) which you are then free to send.

Bitstamp Ltd. is the company behind this project. They have offices in Luxembourg, London and New York. More importantly, this is the first fully licensed cryptocurrency exchange in Europe. It is regulated by the (Luxembourg Financial Industry Supervisory Commission, known as the CSSF). As we often warn against the risks involved in dealing with unregulated or off-shore forex brokers, it is nice to see a company in the cryptoverse, which is registered with a watchdog.

Bitstamp Exchange Review Conclusion

However the Bitstamp cryptocurrency exchange is regulated but invest the amount you can afford to lose it as cryptocurrency trading contains risk of losing your capital.

For latest crypto currency invetments news visit Top Forex Broker cryptocurrency exchanges comparison website or cryptocurrency news please.

Categories
CryptoCurrency

Bitstamp Fees

Bitstamp Fees review explained by professional cryptocurrency exchange site, All you need to know about Bitstamp Fees, For more information about Bitstamp exchange you can also visit Bitstamp review by ForexSQ.com crypto currency website, The TopForexBrokers.com cryptocurrency exchange review and comparison, or Fxstay.com crypto currency investing company and get all information you need to know about the Bitstamp exchange.

Bitstamp Fees Review

Bitstamp exchange operates a unified fee schedule which results in a lower fee system than the majority of cryptocurrency exchanges. The exchange maintains a comprehensive list of all its fees, and some of these include:

  • International Wire – 0.05% Deposit fee (minimum fee = 7.5 USD/EUR, maximum fee = 300 USD/EUR)/ 0.09% Withdrawal fee, minimum fee is 15.00 USD/EUR on Bitstamp’s end and may incur additional international bank fees.
  • SEPA – Deposits, free of charge/ Withdrawals 0.90 EUR.
  • Credit Card Purchases – 5% for all amounts (an additional fee may be charged by the card issuer).
  • Debit Card Withdrawals – $10 Fee for loading up to $1000.00, for loading more than $1000.00 a 2% fee is accrued.
  • Trading – Costs .25% for monthly volumes under $20,000 this drops all the way down to .10% for a monthly volume of over $20 million. All non-USD trading volumes are converted to USD using a spot exchange rate at the time of each trade.
  • Cryptocurrency – Deposits and Withdrawals of the cryptocurrencies traded on Bitstamp are made free of charge.

The minimum allowable trade is 5 Euro for Euro denominated trading pairs. The minimum allowable trade is 0.001 BTC for BTC denominated trading pairs. The value of minimum trades in other trading pairs will be denominated in the fiat currency of the particular trading pair and limited to 5 whole units of that currency (example: $5, £5, etc.).

Bitstamp Fees Review Conclusion

However the Bitstamp cryptocurrency exchange is regulated but invest the amount you can afford to lose it as cryptocurrency trading contains risk of losing your capital.

For latest crypto currency invetments news visit Top Forex Broker cryptocurrency exchanges comparison website or cryptocurrency news please.