Bitstamp is replacing its CEO for the first time since the company’s establishment.
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.
The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes.12949
Crypto needs insurance too.5400
While many centralized exchanges benefited handsomely from the recent sell-off, P2P trade on Paxful dropped by almost 50% this week.9990
Bitstamp confirms migration of European clients.6531
The price of Bitcoin briefly crashed to $11,219 on Bitstamp after disappointing job data hit markets.7699
The drop in the price of Bitcoin on July 10 to $9,100 was led by Bitstamp, data finds, coinciding with selling by BTC miners.12696
Gatehub and Bitstamp are facing lawsuits from a Canadian investor over $4.9 million in alleged losses resulting from misleading info.6130
Crypto exchanges saw record trade in March, with the global market crash driving all-time highs for both spot and derivatives trading.2732
Bitstamp may announce first new listing in nearly three years, with the exchange contemplating support for seven new crypto assets.3639
A survey of 86 trading firm executives reveals that one in four has adopted crypto assets on their platforms.3408
While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges profited greatly from this uncertainty.7193
BCB Group, a British crypto firm that provides services to exchanges like Coinbase and Bitstamp, is now officially approved by U.K. financial watchdog, the FCA.3339
Bitstamp partnered with the cryptocurrency-friendly Silvergate Bank to pilot Bitcoin leveraged trading.3992
Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in Asia.3606