The company has registered business units in the United Kingdom, Luxemburg and United States, thus has global market reach. Customers from different parts of the planet can bitcoin deposit bitstamp with bitcoins, Ethereum, Litecoin, and Ripple. Bitstamp offers both instant exchange and margin trading services for its clients. Platform orients towards both starters and experts, with an adjustable interface that suits different needs of traders.
Apart from web marketplace, crypto investors can download free apps for phones, with both iOS and Android being supported by the company. When creating an account on the platform, you shall be provided with system-generated username and password. Your email serves as recovery item should you happen to lose your codes, while password should be changed as soon as you log in. Requested documents are scanned ID and proof of address, as shown in the picture below. No matter if you are located in Germany or Mexico, you can use the different trade platforms that company offers. Thus, Bitstamp has a larger market reach than exchanges like Coinbase, which has limited regional coverage. The bank transfer deposits cost 0.
Coinmama, though higher than at Coinbase, which charges 3. The withdrawals are carried out through bank transfers only, with fees standing at 0. Bitstamp implements a single trading system. Apart from personal protection, the company keeps a large portion of coins in offline cold storages. Bitstamp also provides audited reports on a yearly basis, since it operates as a government regulated business. Thus, we deem the platform as more secure than other businesses in the industry, as P2P platforms offer little to no protection and exchanges usually providing 2FA only. Starters can use instant exchange platform, while experts might want to try out the margin trading at Bitstamp.
In both cases, verification of one’s identity is a must while, as a compensation, security is of better quality than what most competitors have. 8,870 if the bulls are able to beat the 50-week moving average resistance. There are now two EOS blockchains being tested by rival groups. And while that might be worrisome, the groups say they’ll work together in the end. Binance coin, the token launched by the world’s largest cryptocurrency exchange, has hit an all-time high against bitcoin. 7,780 in order to regain a bullish bias.