Bitstamp: Difference between revisions
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Revision as of 11:16, 10 January 2014
A currency exchange, which operates a BTC/USD market with support for various currencies for deposit and withdrawal.
Trading
- Buying/selling
A buy/sell order is executed partially or in full when the price bid can be matched against a sell/buy order that is at or below the bid amount.
Adding funds
BTC
There are no fees incurred when when transferring bitcoins for deposit. Funds are available once confirmed (3 confirms), a process that can take roughly 30minutes. A Bitstamp Redeemable code (coupon) denominated in BTC or BTC and USD can be deposited. The bitcoins using these coupons are instantly credited.
EUR
Exchange accepts EUR deposits via SEPA transfers, then converts them to USD and credits them to online account. No deposit fees!
GBP
Exchange accepts wire transfers in GBP, then converts them to USD and credits them to online account.
Charging 0.1% deposit fee(minimum fee = $15)
USD
Exchange accepts international wire transfers in USD, charging 0.1% deposit fee(minimum fee = $15)
Exchange accepts a Bitstamp redeemable code (coupon) in USD denomination or combination of USD and BTC
Exchange supports transfers between Dwolla, MtGox, Cash Bank Deposits, BTC-E and VirWox via Bitinstant.
CHF
Exchange accepts wire transfers in CHF, then converts them to USD and credits them to online account.
Charging 0.1% deposit fee(minimum fee = $15)
Withdrawing funds
EUR
SEPA withdrawals are charged with fixed 0.90€ fee once your funds are converted to EUR. Minimum amount for SEPA withdrawal is $10,00.
GBP
GBP wire deposits and withdrawals in GBP are supported.
USD
International wire withdrawals in USD will be charged with 0.09% fee, minimum fee is $15,00. Minimum amount for international withdrawal is $50,00.
CHF
International wire withdrawals in CHF will be charged with 0.09% fee, minimum fee is $15,00. Minimum amount for international withdrawal is $50,00.
Fees
Bitstamp charges a trading fee from each party of successful trades made through the market. The amount of the fee will vary based on a 30 day trading history. The rate for new accounts and those with the lowest volume is 0.5%. Refer to the fee schedule to determine discount levels. The fee that was charged appears in the account history next to each trade.
Internal transfers
Bitstamp allows internal transfer of funds to other users using Bitstamp codes. One party withdraws funds by creating a code and then sending (in a secure manner) the code to a trusted user who then redeems that code by using deposit Bitstamp code option. The code denominations can be in BTCs, USDs, or combination of those two.
Instant transfers via other services
BitInstant
- Dwolla
- Liberty Reserve
- MtGox
- Cash Bank Deposits
- BTC-E
- VirWox
Localization
Bitstamp is localizing website with online collaborative online translating tool. Feel free to join and help with translation to your native language.
Link: http://crowdin.net/project/bitstamp
Account Security
Access to an account may be protected with the optional Google Authenticator utility.
Language Support
The site has support for various languages:
- English
- Dutch
- Italian
- Polish
- Slovenian
- Finnish
- Czech
- Russian
API
API is available https://www.bitstamp.net/api/
Data Services
Linux
- Dojima market client
History
The exchange was announced on August 22, 2011[1]. Bitstamp.net is owned by Bitstamp d.o.o. and based in Slovenia.
On May 12, 2012 the exchange began offering volume discounts for trading fees[2].