Introduction
Bitstamp is one of the longest-running cryptocurrency exchanges, having been founded in 2011. It is a London-based cryptocurrency exchange platform, where users can buy, sell, and trade digital currencies, such as Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH) and Ripple (XRP). It is a regulated exchange, with a daily trading volume of over $250 million. This article will provide an overview of the fees charged by Bitstamp when trading on the platform.
Fees
Bitstamp charges a flat fee of 0.25% for all trades. However, the fee charged is based on the amount of the trade. For trades of 0.001 BTC or more, the fee is 0.25%. However, trades of less than 0.001 BTC will be charged a fee of 0.50%.
In addition to the trading fee, Bitstamp also charges a withdrawal fee for all digital assets. The fee structure is based on the digital asset being withdrawn and can range from 0.0005 BTC to 0.0015 BTC. For example, the withdrawal fee for Bitcoin is 0.0005 BTC, while for Ethereum it is 0.0015 ETH.
Deposit Fees
Bitstamp does not charge any deposit fees. This means that users can deposit any amount of digital assets to their Bitstamp account without incurring a fee.
Conclusion
Bitstamp is one of the most trusted and reliable cryptocurrency exchanges, with a daily trading volume of over $250 million. The fees charged by the platform are relatively low, with a flat fee of 0.25% for all trades, and no deposit fees. The withdrawal fees are also based on the digital asset being withdrawn, and can range from 0.0005 BTC to 0.0015 BTC.