It is one of the oldest exchanges, commencing operations in 2013 (organisation establishment in 2011). The exchange was registered in Luxembourg and is licensed – it has over 50 licences in different regions. In 2019, it obtained the American BitLicense. Bitstamp does not have current conflicts with regulators.
Since the exchange operates under EU regulatory conditions, the identity verification mechanism is more complex than the market average.
The exchange publishes reports, undergoes auditing by independent companies among the Big Four, and publishes Proof of Reserves data.
Among the disadvantages are a low number of trading instruments, lower than average liquidity and trading activity, high commissions. Its website has no Ukrainian version.
Offered are spot trading, futures, copy trading, and the opportunity to earn on asset staking. However, there are not many assets for staking – currently Ether and Algorand.
For beginners, a Learn Center with a large amount of material was implemented on the exchange's website.
