Bitstamp partnered with the cryptocurrency-friendly Silvergate Bank to pilot Bitcoin leveraged trading.
Bitstamp is a cryptocurrency exchange that was one of the first platforms for making transactions with virtual currencies. The company was founded in 2011 by Damijan Merlak and Nejc Kodrič and now is based in Luxembourg. The main feature of the Bitstamp exchange is allowing trades between the US dollar and Bitcoin. Deposits and withdrawals are available in USD, EUR, Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, the European payment system SEPA and international bank transfer. Bitstamp fees are usually 0.5% but it depends on the sales figure, so if it’s large enough the commission can be reduced to 0.15%. By 2018, BitStamp has added some functions such as the buying of cryptocurrency with debit or credit cards, or withdrawal of funds in the form of gold.
- UK High Court Orders Freeze on $1M of Bitcoin in Ransomware Case
- Draft of India’s National DLT Strategy Calls for State-Run Digital Rupee
- BTC Price Back at $9,000 But No, Coronavirus Isn't 'Good for Bitcoin'
- Oil Giant Saudi Aramco Buys Into Blockchain Trading Platform Vakt
- Bitcoin Price Breaks Through Key Resistance as Traders Target $9.2K