What are
/r/Bitstamp's
favorite Products & Services?
From 3.5 billion Reddit comments
The most popular Services mentioned in /r/Bitstamp:
Trustpilot
Bisq
Binance
Blockfolio
The Motley Fool
Is It Down Right Now?
Steemit
The most popular Android Apps mentioned in /r/Bitstamp:
The most popular reviews in /r/Bitstamp:
Just don't go there, check what most users are saying and check trustpilot as u/rallelier said. I am still trying to withdraw my funds from there and it's been months back and forth with their KYC hell. Nothing is ever enough for them and your funds will be effectively seized. I believe they're having troubles that go beyond compliance and are more related to liquidity, it's happened to many exchanges before.
The problem with decentralized and anonymous platforms is that there is not enough liquidity, that is precisely why we should use them more. Check r/bisq or r/localcryptos (not as good)
I have no personal history with Bitstamp, but the last couple of days I have been looking into their business practices following some complaints I have read. The reviews at the following link are pretty remarkable
https://www.trustpilot.com/review/bitstamp.net?languages=en&stars=1
Do your own research if you plan on entering this den.
https://www.fool.com/investing/2018/02/10/access-denied-these-major-banks-halt-cryptocurrenc.aspx
Here's something to read on, it was effective Feb 2018 for some major banks, unfortunately Wells Fargo joined in last week. This is pretty sad
Hi Lucas,
There are a lot of scary reviews about bitstamp on trustpilot. Can you explain this?
https://www.trustpilot.com/review/bitstamp.net?stars=1
You seem to keep asking for things which no other exchange requires, why?
Also, if people do not feel comfortable sharing their company results with you can they just withdraw until the 31st or are we already trapped?
If you are in the US go with Gemini to turn USD to BTC. Then go with Binance to buy XRP with BTC. I sent them a wire today and it was in my account after like 3 hours which is stupid fast.
https://exchange.gemini.com https://www.binance.com/?ref=11711272
If you guys are in the US go with Gemini to get USD to BTC. I sent a wire to them yesterday and they got it and stuck the money in my account after like 4 hours. Then go to Binance for Ripple. Started using them the other day and they are pretty decent. I will not be going back to bitstamp after this bullcrap.
According http://www.isitdownrightnow.com/bitstamp.net.html it's working while apparantly it's not.
On their own twitter they admit a problem; https://twitter.com/bitstamp. No additional info whatsoever.
I wonder if Bitstamp is "Staking" their clients assets on Bincance and other lending platforms?
Also keep in mind that this subreddit has plenty of sock puppets ( AKA Bitstamp stuff masquerading as reddit users and posting positive feedback )
Check out my last four posts on here? ( During the past week)
Most Crypto Exchanges Still Don’t Have Clear KYC Policies: Report!
Thought-provoking read: https://www.coindesk.com/most-crypto-exchanges-still-dont-have-clear-kyc-policies-report
This caught my attention from the above attached article.
"The broad spectrum of enforced compliance procedures wasn’t the most surprising part of this research for Kuskowski, however. It was the legal structure behind some platforms, including several of the industry’s most famous high-volume exchanges, which Kuskowski declined to name.
“It’s perceived as a UK entity, but it’s not really a UK entity,” he said as a hypothetical example. “In a lot of these situations, you would have the entity that is transmitting money, especially fiat, that was actually an entity between the contracting party and the sender.”
Opaque jurisdictions Still, Kuskowshi admits this jurisdictional maneuvering can make conclusions difficult.
Kuskowski said that many exchanges have separate legal entities that handle deposits, money transmission or payment processing in a distant jurisdiction where the regulations are lax or generally unclear.
“The parent [company] is operating the exchange but the money is transmitted through this entity,” he said
Do you catch my drift ?
Dissatisfied Bitstamp Customer Reviews Via Trustpilot
https://www.trustpilot.com/review/bitstamp.net?languages=en&stars=1
u/Bitstamp-Lucas - Are we all going to go through the same very unpleasant and prolonged experience as u/BtcManiac888 and all the other Bitstamp customers on this site and on https://www.trustpilot.com/review/bitstamp.net
Thanks
Bisq works pretty much like localbitcoins, it's an OTC, meaning you buy/sell directly from other users connected to the network. The huge difference being that Bisq is decentralized and your bitcoins are always on your possession, you don't need to trust an outer platform with them.
Take a look, they are even vouched by bitcoin.org . They are not the only P2P exchange, there are others.
We are broadening the scope of digital assets we’re exploring for potential listing at Bitstamp, in order to provide our customers with a greater range of trading options and reflect the ongoing growth of the cryptocurrency industry.
After closely monitoring the market and performing due diligence to determine which projects fit within our internal digital asset framework, we have now started actively exploring support for the following 25 cryptocurrencies and stablecoins:
Augur (REP)
Maker (MKR)
Terra (LUNA)
UMA (UMA)
Nexus Mutual (NXM)
Solana (SOL)
Keep Network (KEEP)
Chia (CHIA)
Digital Gold (DGLD)
Polkadot (DOT)
Chainlink (LINK)
OMG Network (OMG)
Cosmos (ATOM)
Aave (LEND)
Tezos (XTZ)
Band Protocol (BAND)
Cardano (ADA)
Algorand (ALGO)
Synthetix (SNX)
Kyber Network (KNC)
Compound (COMP)
Balancer (BAL)
Celo (CELO)
Dai (DAI)
PAX Gold (PAXG)
These cryptocurrencies and stablecoins join the first batch of assets we announced as potential new listings at Bitstamp.
The decision to support any additional assets requires strict technical, safety and compliance reviews, as well as regulatory approval in certain jurisdictions. As part of this exploration process, you may see signs of engineering work on our platform related to the assets listed above. We cannot guarantee that this will result in any new listings or in which jurisdictions any newly listed assets will be available. The decision to explore support for these assets does not disqualify any other assets from being monitored for possible listing at Bitstamp.
/u/classic258 please note that you can find our official mobile app on the following link: https://play.google.com/store/apps/details?id=net.bitstamp.bitstamp . Please follow these steps in order to set up your mobile app:
Access your Bitstamp account on your computer or laptop and go to "Mobile Access" section: https://www.bitstamp.net/account/security/mobile/
Choose "IOS" or "Android"
Ignore the QR code and click "Continue".
Optional: Enable the BTC withdrawal permission by turning the button to "ON".
Click "Create New Mobile Access".
An activation link will be sent to your email address. Leave the Bitstamp browser tab open and check your email inbox on the same computer. Click the link.
Open the Bitstamp Mobile App on your phone. If you are prompted to enter PIN, simply enter 0000 to reset it.
Press "Scan QR code".
Scan the code on your computer screen.
Enter the new desired PIN and press "Save".
Your app should now be activated and ready to use.