Last Updated on by BBE Research Team
Bitstamp vs Coinbase
- Name
- Go to Exchange
- PROS
- CONS
- The large volume of trades. The exchange takes place at the top 5 of the largest exchanges, so the speed of buying and selling here is always at a high level.
- The exchange is licensed. Is Bitstamp safe? Bitstamp is the first licensed platform. Users shouldn’t be afraid that the website will be blocked by law enforcement agencies.
- Bank transfers and SEPA. You can replenish your wallet with a card. This greatly simplifies the work with the exchange.
- Poor Bitstamp support service. Even with ticket system, they are still unfriendly and slow.
- The limited number of pairs.
- Long Bitstamp verification time. They say that it can take more than 24 hours, but some users have been for weeks.
- Deposit insurance;
- There is a very convenient cryptocurrency wallet;
- The availability of mobile applications for iPhone and Android;
- Profitable referral program;
- The exchange operates only in countries that do not prohibit the cryptocurrency by the law, which at one point excludes the fact of its sale from any local market.
- If you suspect that your account was hacked, Coinbase phone number is available for you in 24/5 mode.
- Coinbase support may not answer your questions for a long time ;
- It is difficult to pass verification, which reveals every client as a person (the main advantage of cryptocurrency is anonymity);
- Coinbase tracks all your activity and it will ban you from making some transfers (transactions related to adult services, bitcoin gambling, trading contraband through darknet markets, reselling coins on other exchanges, especially without AML / KYC).
