Bitstamp is a Luxembourg-based cryptocurrency exchange founded in 2011 as an alternative to cryptocurrency exchange Mt.Gox. As soon as Mt.Gox was hacked, most users started looking for a more professional exchange with high security. Many chose Bitstamp, which has been a popular cryptocurrency exchange in the world for years.
Bitstamp offers fast registration, an excellent interface, and better trading methods for bitcoins, ether, litecoin, ripple, and bitcoin cash, plus some Ethereum tokens for US dollars (Bitstamp USA), euros, and pounds. Additionally, Bitstamp allows the user to purchase bitcoins via credit card with a 5% fee.
Let's take a closer look at Bitstamp and its more secure method of registering with this cryptocurrency exchange.
Bitstamp is considered to be a peer-to-peer exchange that allows users to buy, fee and sell cryptocurrency with other traders. We will highlight some of the main Bitstamp privileges:
Bitcoin can be traded, fee and exchanged on the Bitstamp trading platform. There is also a limited number of other fee cryptocurrencies, but more attention is paid to the quality of fee cryptocurrencies available. On Bitstamp, you can place Buy, Sell, Market, Limit, Stop-Loss, and Instant orders.
For experienced traders, Bitstamp provides the best technical indicators, including MACD, Majority Rule, MA Cross, and Accumulative Swing Index.
The Bitstamp trading platform also interacts with TradingView, where you can discuss and fee Bitstamp exchange views on the market stock and assets.
Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), Stellar Lumens (XLM), and Paxos Standard Token (PAX). Additionally, Bitstamp accepts BTCUSD IOUs and AstraPay payments.
In Bitstamp, users can fee and exchange cryptocurrencies for fiat currencies: US Dollars (USD), Euros (EUR), British Pounds (GBP), and Swiss Francs (CHF). Each fiat currency will be converted to USD/EUR, and then it is possible to fee and exchange them.
The exchange accepts deposits in fiat currency so you can fund your Bitstamp account fee via debit cards, credit cards, and bank transfers.
The Bitstamp mobile app can be downloaded to iOS and Android devices. In the app, you can buy, sell and exchange cryptocurrencies, watch trading charts and monitor your account balance. Also, here you can find many Bitstamp stocks and view all Bitstamp pricing.
Is Bitstamp legit? Totally yes. Bitstamp fee provides users with high security for their accounts. Many funds are stored in cold storage, so hackers can't sneak into them. Also, Bitstamp funds have insurance. Bitstamp safety is emphasized by Google Authenticator, PGP (Pretty Good Privacy), 2-factor verification, and text SMS alerts.
There is email support on Bitstamp, with phone support available 24/7 every day, seven days a week.
After registering and Bitstamp login, the next step is to enable two-factor authentication (2FA). Two-factor authentication is an additional layer of security for one's account. Here the user can benefit from the service from OnlineSim - a visual phone number to which a confirmation code for authentication will be sent.
When registering, you will also be required to provide your phone number and your actual email address. This will be necessary to pass the Bitstamp phone number verification.
The most convenient way is to use virtual directories, such as OnlineSim. Virtual numbers from a reputable company look like real SIM cards to the platforms.
During the registration and verification process on Bitstamp, simply enter your virtual phonebook into the appropriate field. A unique code will be delivered to your OnlineSim personal account. The last thing you need to do is copy this code from your OnlineSim cabinet and paste it back into Bitstamp.
OnlineSim boasts more than 10,000 virtual directories from more than 30 locations worldwide. It also works with more than 500 mobile carriers from different countries. You will be able to choose a phone number according to your area. It will belong only to you. There are directories for short-term and long-term use.
There are specific nuances to look out for when choosing a SIM number on Bitstamp. First, look at how many virtual SIMs there are and where they are located. Then check to see if the SIMs are long-term. Find out if the company you choose has free trials, and use other platforms' free directories to try them out. Bitstamp is a serious platform, and you need a reliable provider. Make sure the code will be delivered quickly.
Now let's look at what you need to do to verify with Bitstamp:
It is done!