Bitstamp vs Poloniex

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  • Name
  • Go to Exchange
  • PROS
  • CONS
  • Bitstamp review

    Bitstamp review

  • Go to Bitstamp
    • 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.
  • Poloniex review

    Poloniex review

  • Go to Poloniex
    • A lot of coin pairs to trade
    • Has a decentralized Poloniex exchange
    • High liquidity and volume
    • Provides access to Circle offerings like OTC
    • Supports cryptocurrency lending
    • Supports margin trading
    • May be unfriendly to beginners
    • Poloniex support teams are unresponsive
    • Restrictions for US citizens
    • The website is often slow and laggy
    • Various issues with security, Poloniex fraud accusations
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