Bitstamp vs Kraken
- 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.
- Decent security, rich 2FA options;
- Enough trading pairs and currencies, including fiat;
- Margin trading features;
- Mobile apps available;
- Simple and intuitive interface;
- Verification is relatively quick.
- Downtime issues in 2018;
- Fees may feel too high;
- Mandatory KYC even for basic levels.
