BitStamp owns and operates a cryptocurrency marketplace allowing companies and individuals from all around the world to buy and sell digital currency. One of the early players in the crypto exchange scene, Bitstamp was launched to compete against Mt. Gox, the largest cryptocurrency exchange at its peak.
BitStamp offers a cryptocurrency exchange platform with an intuitive and secured way for users for trading crypto assets. It comes with instant deposit capabilities that allow you to purchase coins with your cards. It is also available as a SaaS solution, otherwise known as a crypto-as-a-service solution for crypto exchanges. Known in Singapore for being one of the easiest to use cryptocurrency exchanges, BitStamp has been a leading crypto exchange in Singapore for many years now.
Headquartered in London, United Kingdom, BitStamp was founded in 2011 by Damijan Merlak and Nejc Kodric. In 2018, BitStamp was acquired by NXMH, private equity, and investment firm based in Brussels, Belgium. Julian Sawyer is the CEO at BitStamp. Before joining BitStamp, Julian held the position of managing director at Gemini Europe.
BitStamp is a secured platform and utilizes advanced security technologies. The platform has implemented Multi-Sig technology to its hot wallet, where it keeps only a small chunk of crypto assets, and the majority of crypto assets are stored in offline cold storage systems.
The estimated withdrawal process times vary based on the customer location. For SEPA zone transfers (consisting of 28 European members), the process usually takes 1-3 business days (weekends excluded) to be credited to the designated bank account of the customer after they have been sent from the company. For customers outside the SEPA zone, it usually takes 2-5 business days (without weekends)
Yes, BitStamp does enforce some limits for purchasing cryptocurrency with a credit/debit card. The minimum purchase amount is 50 USD/EUR/GBP, the daily limit is 2,500 USD/EUR/GBP, and the monthly limit is 20,000 USD/EUR/GBP.