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What is BITSTAMP
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Bitstamp was founded by Nejc KodriÄ and Damijan Merlak in 2011. They launched the platform from a garage in Slovenia using a single server and a couple of laptops. Over the next four years, as the business expanded, so did the company's on-premises infrastructure.
Bitstamp is now headquartered in the U.K., regulated in the U.S. by the strict New York DFS. It offers 53 coins and 134 markets, which is below the class-A peer average, while its fees starting at 50 basis points are high compared to peers.
In 2015, Bitstamp made the decision to move its IT infrastructure to the cloud. It assessed services from Microsoft, Google, and Amazon Web Services (AWS).
Bitstamp offers both crypto-to-crypto and fiat-to-crypto trading pairs, so users can trade cryptocurrencies against each other or against the U.S. dollar, the Euro (EUR), or the Great British Pound (GBP). Fiat currencies can be deposited or withdrawn using ACH. You can also deposit and purchase using debit and credit cards.