Bitstamp is a Luxembourg-based cryptocurrency exchange that facilitates trading in various digital assets and fiat currencies. Founded in August 2011 by Nejc Kodrič and Damijan Merlak, the company has grown from humble beginnings in a Slovenian garage to become one of the most trusted platforms in the crypto space.
Key Features of Bitstamp
- Supported Currencies: USD, EUR, GBP, Bitcoin (BTC), XRP, Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Stellar (XLM), Chainlink (LINK), and more.
- Deposit/Withdrawal Options: Multiple fiat and crypto options for seamless transactions.
- Security Innovations: Early adopter of multi-signature wallets, SegWit technology, and cold storage insurance funds.
👉 Discover how Bitstamp compares to other top exchanges
Leadership and Growth
Nejc Kodrič, Bitstamp's CEO, is a prominent figure in the Bitcoin community. The company expanded its operations to the UK due to Slovenia's limited financial infrastructure.
Milestones:
- 2014: Awarded "Best Virtual Currency Startup" at the Europas.
- 2017: Partnered with Swissquote to offer BTC-USD/EUR trading pairs.
Security Measures
Bitstamp prioritizes user safety through:
- Multi-Signature Wallets: Enhanced protection against unauthorized access.
- SegWit Adoption: Lower transaction fees for Bitcoin transfers.
- Insurance Fund: Secured in cold storage to compensate users in case of breaches.
👉 Learn why security matters in crypto trading
Frequently Asked Questions (FAQ)
1. Is Bitstamp a regulated exchange?
Yes, Bitstamp is licensed in Luxembourg and complies with EU financial regulations.
2. What cryptocurrencies does Bitstamp support?
Major assets include BTC, ETH, XRP, LTC, and stablecoins like USDC.
3. How does Bitstamp ensure security?
Through cold storage, multi-sig technology, and an insurance fund.
4. Can I trade fiat currencies on Bitstamp?
Yes, USD, EUR, and GBP are supported for deposits and withdrawals.
5. Who founded Bitstamp?
Nejc Kodrič and Damijan Merlak launched it in 2011.
Bitstamp remains a pioneer in crypto trading, combining innovation with robust security. Whether you're a beginner or an experienced trader, its user-friendly platform offers reliable access to the digital asset market.