Bitstamp is a web-based cryptocurrency exchange platform designed to help traders and financial institutions buy and sell cryptocurrencies. The exchange now has over 4 million customers worldwide.
Currently, they have offices in the UK, United States, Singapore, and Luxembourg. Bitstamp USA is based in New York.
The Crypto-as-a-Service (CaaS) allows banks to offer crypto exchange services on their existing platforms and applications.
Key features of Bitstamp include transaction monitoring, digital asset custody, electronic payments, order management, withdrawal address whitelisting, and compliance controls.
The solution is suitable for a range of institutions including brokers, neo banks, fintech, hedge funds, property traders, family offices, aggregators, and more.
In late 2018 Bitstamp was acquired by NXMH, a Belgium-based company.
Bitstamp suffered hacks and stopped trading at times during 2014 and 2015, the latter of which saw 19,000 Bitcoins stolen.
We could not find any complaints around the company but Due to the current tense crypto industry, we downgrade all crypto companies to ORANGE for an undetermined period of time.