BITSTAMP
Bitstamp is a leading cryptocurrency exchange known for its industry-leading security and commitment to transparency. All funds and crypto on Bitstamp are backed 100% and can be withdrawn at any time, with 99.9% uptime. The company emphasizes compliance, holding 50 licenses and registrations globally, and employing around 180 people in compliance-related roles. Bitstamp's financial controls are reviewed annually by a Big Four global accounting firm, ensuring a true representation of its financial position. Specialized software validates the accuracy of records at the customer and transaction level, with daily, weekly, and monthly oversight. Bitstamp also offers live customer support for issues like Two-Factor Authentication, reflecting its commitment to accessibility and customer service. The company's approach to regulation, audits, and customer support demonstrates a comprehensive commitment to security, transparency, and reliability.
Vitalik Buterin Moves 999 ETH Following Depositing 1,602 ETH to Bitstamp and MKR Dump
Ethereum co-founder Vitalik Buterin has significantly influenced the crypto space by transferring 999 ETH to a different address and depositing it to Bitstamp, with the latest transaction valued at $1.63 million.
Crypto Exchange Bitstamp to Suspend Trading AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL
Bitstamp will halt U.S. trading of AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL from August 29, 2023, amid regulatory considerations and expansion plans.
Bitstamp acquires a Spanish crypto licence
Bitstamp has been focusing on the European Union market since its launch in 2011. The approval from the Bank of Spain lets Bitstamp's local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. By this fall, the country became home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.
Bitstamp Gets Regulatory Approval to Operate in Italy
Bitstamp achieved a major milestone by acquiring approval from Italian regulators to offer crypto services to its users.
Bitstamp Scraps Inactivity Fee Plan
Bitstamp had announced that as of August 1, it will start charging a monthly 10 euro fee to users with an inactive account to make up for costs. However, the exchange changed their mind within a day.
Bitstamp to Charge Inactive Fee to Make Up for Costs
Inactive users of the cryptocurrency exchange Bitstamp platform will have to pay a fee to make up for costs, according to a report from The Block.
Bitstamp Appoints New CEO, Reshuffling Leadership
Luxembourg-based cryptocurrency exchange Bitstamp has announced the appointment of Jean-Baptiste Graftieaux as its new global CEO, following the sudden departure of former CEO, Julian Sawyer.
67% of Retail Investors See Crypto as a Trustworthy Investment, Study Shows
As a show of belief in the crypto space, 67% of retail or investors deem cryptocurrencies as trustworthy investments, wile only 11% seeing them as untrustworthy, a study shows.