• Step 1. Registration

    Go t and click on register. Enter the required personal information including legal name, email address and country of residence.

    Step 2. Confirm Your Email Address

    Check your email inbox and click on the verification received from Bitstamp. Once done, your unique ID will be displayed. Write down your unique ID completing the registration process.

    Choose a password for your account and complete the first step of the registration.

    Step 3. Identity Verification

    Verification is mandatory if you wish to deposit fiat currencies. You will need to upload a government-issued ID (passport or DL) and a proof of residence (utility bill or bank statement; the latest one).

    To complete your verification, log in to your account, go to “verify” and click on ‘personal account verification’.

    Once your identity is verified, you will receive an email intimation regarding the same.

    Step 4. Funds Bitstamp Login

    Click on the “deposit” tab at the top of the screen. Select your preferred payment method from the drop-down list. Next, enter the amount you want to deposit and click on ‘confirm’.

    Step 5. Trade

    Click on “buy/sell” at the top of the screen. Select your preferred cryptocurrency trading pair, enter the quantity of the asset you want to trade and click on buy or sell to confirm the order

    Bitstamp vs Coinbase

    Regulation

    is licensed to engage in money transmission in most U.S. jurisdictions and registered as a Money Service Business with FinCEN

    Fees

    Bitstamp’s trading fee is based on a user’s 30-day trading volume and the rate keeps decreasing with increasing trading volume.

    Coinbase charges a fee on every order and comparatively costs more than Bitstamp.

    Cryptos

    offers over 170 cryptocurrencies for trading while Bitstamp offers around 74.

    Security

    Both platforms have robust security features in place and offer two-factor authentication for account login.

    Both platforms claim to store 98% of users’ assets in cold storage.

    may not be a great option for experienced traders as it does not provide advanced trading features for extensive market analysis.

    Overall however it is a good crypto trading platform for beginners who are not looking for a wide range of options in cryptos. The process of executing an order through this platform is quite simple. Its competitive fee structure also makes it suitable for new investors with limited funds and knowledge.

    We also recommend which unlike Bitstamp as copy trading tools. Both crypto platforms are regulated and open to the United States.