ABOUT BITSTAMP

 

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Bitstamp Group, which comprises Bitstamp Europe SA (Luxembourg), Bitstamp Ltd and Bitstamp USA Inc, is one of the longest standing digital currency exchanges in the world. The Luxembourg entity, which handles only BTC trades with USD and EUR, was the first nationally licensed bitcoin exchange in the EU. And the same rigorous standards are upheld for not only its UK entity, which handles all of the platform’s trading pairs, including full support for BTC, ETH, XRP, LTC, USD and EUR, but also its New York entity, which has been incorporated in preparation for the platform’s expansion to the US. Bitstamp favours caution over extravagance, care over profligacy and quality over quantity. And with its focus on prudence and oversight, the Bitstamp platform is uniquely positioned to serve as a stepping stone between the traditional financial and digital currency worlds. Safe, simple and secure to use, Bitstamp always puts its customers first, and that’s why it gets the stamp of approval from over a million traders throughout world. For more information about how Bitstamp exchanges information, ideas and trust, visit bitstamp.net.

HISTORY

Established in Slovenia in 2011, Bitstamp is one of the few digital currency exchanges to have stayed the course since the industry began. And this longevity can be explained by the platform’s early focus on prudence and oversight. After opening its UK office in 2012, Bitstamp led the way to become the first exchange to successfully perform a BTC audit the following year. This responsible approach was duly rewarded in the form of USD 10 million in venture capital investment from Pantera in 2014, paving the way for the platform’s expansion into the United States and the incorporation of Bitstamp USA Inc. Consolidating on its growing reputation, Bitstamp then won Best Virtual Currency Startup at the 2014 Europa Awards later that year, before making headlines again by becoming the first bitcoin exchange to implement multi-sig wallets. This success immediately preceded the incorporation of Bitstamp Europe SA in Luxembourg in 2016 and the opening of Bitstamp’s New York office. The next era in the platform’s development was then boosted by this year’s successful fundraising round on the BnkToTheFuture platform for product development.

PAYMENT INSTITUTION LICENSE

Bitstamp Europe SA, the platform’s Luxembourg entity, handles BTC trades with USD and EUR and was the first nationally licensed bitcoin exchange in the EU. This licence, which was granted by the Luxembourg Ministry of Finance in 2016 after a rigorous application process, was passported into all 28 EU states. Bitstamp Europe SA is regulated by the Luxembourg Financial Industry Supervisory Commission (CSSF) and is subject to regular audits and examinations.

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