Join the 1500 companies using G2 Track to manage SaaS spend, usage, contracts & compliance.

Bitstamp

3.9
(4)

Provide reliable easy to use service for companies and individuals to exchange bitcoins.

Work for Bitstamp?

Learning about Bitstamp?

We can help you find the solution that fits you best.

Bitstamp Reviews

Chat with a G2 Advisor
Write a Review
Filter Reviews
Filter Reviews
  • Ratings
  • Company Size
  • User Role
  • Industry
Ratings
Company Size
User Role
Industry
Showing 4 Bitstamp reviews
LinkedIn Connections
Bitstamp review by Eylon T.
Eylon T.
Validated Reviewer
Verified Current User
Review Source
content

"One of the only platforms that combine fiat support & conspicuously low fees (withdraw problems)"

What do you like best?

1. Convinient platform that supports fiat money - you can deposit USD (or other fiat money), convert it to crypto and it can be done in the opposite way - convert crypto money to fiat money and withdraw it to your credit card/bank account.

2. Bitstamp API - easy to use and implement in your website or mobile app.

3. Low trade fees - comparing to most of the crypto exchanges.

What do you dislike?

1. Frozen withdrawal of funds - two weeks and no answer from support - that happened many times (in this case - the service has disabled the withdrawal of funds due to the withdrawal of funds to suspicious addresses).

2. Withdrawals sometimes are getting canceled after few minutes (it's not problem in my credit card/bank account).

3. Bitstamps is not offering a referral program in their platform.

3. Small amount of crypto assets to trade - only BTC, BCH, ETH, XRP, LTC.

Recommendations to others considering the product

1. Consider using bitstamp if you need the ability to deposit fiat money (USD for example) and then buy /trade with it the crypto money - this is really significant advantage of this platform.

2. Withdraw fiat money doen'st work sometimes - at first, check the withdraw action with small amount of money.

3. Bitstamp API is really useful and convinient to implement in your business.

What business problems are you solving with the product? What benefits have you realized?

Depositing crypto money on the account, then converting them to USD/other fiat money, and then withdraw to a bank account using a credit card.

Bitstamp is one of the only platforms that let us invest the money of our customers directly from fiat money and convert it to crypto money.

Sign in to G2 to see what your connections have to say about Bitstamp
Bitstamp review by Jorge D.
Jorge D.
Validated Reviewer
Verified Current User
Review Source
content

"Used by 700,000 traders worldwide"

What do you like best?

Bitstamp is one of the oldest exchanges that exist, is used by 700,000 traders worldwide, currently based in Luxembourg, offers 15 pairs to negotiate, admits U.S. dollars and euros, has a legal license to trade in the EU and keeps 98% of its funds off-line, charges fees of 0.25% per trade and decreases if one trades often.

What do you dislike?

Account verification takes forever and customer service is poor.

Recommendations to others considering the product

It is a very reliable and secure company, with a majority of European users and very low rates for large traders.

What business problems are you solving with the product? What benefits have you realized?

It allows me to buy cryptocurrencies with credit card almost instantly, it offers a very interesting API that allows me to automate some actions.

What Cryptocurrency Exchanges solution do you use?

Thanks for letting us know!
Bitstamp review by Andy R.
Andy R.
Validated Reviewer
Review Source
content

"A secure cryptocurrency exchange for professional users"

What do you like best?

This exchange allows users to request their immediate offers at the best bid or price, as well as orders for filtering location and other options.

Bitstamp is the world's first to use the best security practices, including MultiSig technology, for its wallet.

What do you dislike?

Bitstamp has a good mobile app, but this app has a lower rating on the Apple Store. Users complain that the update in this app is slow and does not provide all the features that are available on the site.

Recommendations to others considering the product

The purpose of this cryptocurrency exchange is to eliminate the gap between the cryptocurrency instruments and the traditional financial industry.

What business problems are you solving with the product? What benefits have you realized?

Due to the hacking of this cryptocurrency exchange in 2015, the ability to connect to the site with Trezor and Ledger hardware wallets can help ensure users who want to set a certain amount of their cryptocurrency for online exchanges.

Bitstamp review by User
User
Validated Reviewer
Review Source
content

"Good platform"

What do you like best?

Simplicity of trading between USD and crypto

What do you dislike?

I don't really dislike anything in particular

What business problems are you solving with the product? What benefits have you realized?

Simple crypto purchasing

There are not enough reviews of Bitstamp for G2 to provide buying insight. Below are some alternatives with more reviews:

1
Poloniex Logo
Poloniex
4.0
(40)
Poloniex is a leading cryptocurrency exchange offering a wide variety of digital assets.
2
Coinbase Logo
Coinbase
4.0
(42)
Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.
3
Binance Logo
Binance
4.4
(39)
Binance is the no.1 global crypto-currency exchange situated all over the world.
4
BTCC Logo
BTCC
4.4
(25)
BTCC is a digital asset platform offering exchanges, mining pools, and wallets.
5
C-Cex Logo
C-Cex
4.2
(25)
CryptoCurrency EXchange http://C-CEX.com 100+ coins, USD trading, fastest deposits and withdrawals, strong security, excellent realtime support.
6
LocalBitcoins Logo
LocalBitcoins
4.2
(27)
LocalBitcoins.com is a person-to-person bitcoin trading site.
7
HitBTC Logo
HitBTC
3.5
(19)
HitBTC is the most advanced cryptocurrency exchange with markets for trading between Bitcoins, Ethereums, Litecoins, Dogecoins, Monero, USDT and more.
8
Cryptopia Logo
Cryptopia
3.2
(18)
Cryptopia aims to be more than just another exchange, our focus is on the user experience of the crypocurrencies themselves.
9
Bitfinex Logo
Bitfinex
4.0
(16)
Bitfinex offers the most liquid exchange in the world, allowing users to easily exchange Bitcoin, Ethereum, EOS, Ripple, Litecoin, Bitcoin Cash, Ethereum Classic, NEO, Iota, Monero, OmiseGO, Dash, Bitcoin Gold, Zcash, TRON, Santiment, Qtum, ETP, 0x, QASH, Eidoo, RCN, YOYOW, Time New Bank, Status, iExec, Golem, SpankChain, Augur, Streamr, Basic Attention Token, aelf, FunFair, SingularDTV, AidCoin, Decentraland, Aventus, and Ethfinex Nectar Token against USD or BTC with minimal slippage.
10
Bittrex Logo
Bittrex
4.0
(16)
Bittrex is a U.S. blockchain platform providing real-time trading and industry-leading security.
Show more
Kate from G2

Learning about Bitstamp?

I can help.
* We monitor all Bitstamp reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. Validated reviews require the user to submit a screenshot of the product containing their user ID, in order to verify a user is an actual user of the product.