Recommended
BTCC vs. Bitstamp: Crypto Exchanges Compared!
As crypto market has witnessed huge growth, more and more people start to show increasing interesting in this cryptocurrency. To effectively participate in cryptocurrency trading and storing digital assets, reputable cryptocurrency exchanges are indispensable. At present, many crypto exchanges emerged one after another to follow the market trend, thus puzzling investors who want to select a best exchange to maximize their trading return.
Next, this article will explore and compare BTCC and Bitstamp, two exchanges with over decade-long history, from major metrics, including supported cryptocurrencies, fees, security, advanced trading features, customer services, service scope and easy of use, thus assisting you to pick the best exchange for your need.
\Trade On BTCC With 10 FREE USDT!/
About BTCC
Name | BTCC |
Launched | 06/2011 |
Website | https://www.btcc.com/ |
Blog | https://www.btcc.com/blog/ |
https://twitter.com/BTCCexchange | |
Maker Fees | 0.045 |
Taker Fees | 0.045 |
Perpetual Trading volume(24h) | $ 10.7B |
Perpetual Trading Pairs | 348 |
Spot Trading volume(24h) | $ 10.6B |
Spot Trading Pairs | 122 |
Fiat Supported | |
Update Time | 2024-12-24 03:05:30 |
Established in 2011, BTCC is one of the longest-running exchanges in the world, enjoying good reputation due to its dedication to innovation and top-notch trading features. Since its inception to date, BTCC has never reported any hack accident, fully demonstrating its industry-leading security. Whether you are a novice trader or seasoned one, BTCC can cater to your demand with its competitive solutions.
Download App for Android | Download App for iOS |
About Bitstamp
Name | Bitstamp |
Launched | 07/2011 |
Website | https://www.bitstamp.net |
Blog | https://www.bitstamp.net/news/ |
https://twitter.com/Bitstamp | |
Maker Fees | 0 |
Taker Fees | 0 |
Perpetual Trading volume(24h) | $ 0 |
Perpetual Trading Pairs | 0 |
Spot Trading volume(24h) | $ 439.0M |
Spot Trading Pairs | 212 |
Fiat Supported | USD, EUR, GBP |
Update Time | 2024-12-24 03:19:03 |
Also founded in 2011, Bitstamp ranks among the oldest exchange platform on the market for buying, selling, and trading crypto. Bitstamp holds 50 licenses and registrations in key jurisdictions globally, making it one of the most regulated exchanges in the world. With a mission of shaping the new world of finance for the benefit of all, Bitstamp offers service to both individual and institutional investors as a trusted trading hub.
To have a better understanding about Bitstamp crypto exchange, the following sets forth the pros & cons of Bitstamp:
Bitstamp | Pros | Cons |
|
|
\Trade On BTCC With 10 FREE USDT!/
BTCC vs Bitstamp: Overview
BTCC vs. Bitstamp | ||
BTCC | Bitstamp | |
Supported Cryptocurrencies | 300+ | Only 70+ |
Fees | Compared with other major crypto exchanges, the fees charged by BTCC is relative low, such as only charging 0.06% for both takers and makers | Compared with other major exchanges, Bitstamp’s fee structure is relatively competitive, such as charging no fees for trades valued at less than $1,000 |
Security | Industry-leading security, with no reported hacks or security breaches to date | Despite laying great emphasis on security, there is still room for improvement; in 2015, Bitstamp experienced a security breach, resulting a loss of roughly 19000 BTC |
Advanced Trading Features | Provide a large number of service, including spot trading, futures trading, and mining pools | Compared to BTCC, Bitstamp’s feature set is limited, such as lack of margin trading, crypto derivatives features, NFT marketplace and a rewards card |
Customer Service | Offer 24/7 excellent customer service via email and live chat, provide demo trading and rich learn resource for newcomers | There are still room for improvement in terms of customer service, due to its absence of live chat for customer support |
Service Scope | Offer service in more than 100 countries and regions with more than 6 million registered users | Offer service to over 4 million customers globally |
Ease of Use | Intuitive interface, catering to both newcomers and experienced traders | Offer a beginner-friendly interface, but the platform may not cater to the needs of seasoned traders looking for advanced features |
\Trade On BTCC With 10 FREE USDT!/
Download App for Android | Download App for iOS |
Comparison Summary
After comparison, it is not difficult to find that the two old exchanges we are looking at are very different trading platforms. BTCC is an all-encompassing crypto exchange that supports various types of trading features, along with crypto futures trading, spot trading, copy trading, demo trading, etc. Bitstamp, on the other hand, is an old-school exchange platform focusing purely on crypto trading through instant buying and spot trading features.
In total, BTCC provides much more choices to users than Bitstamp. BTCC is better for investors who:
- Focus on larger selection of tradable coins
- Lay great emphasis on trading security
- Have access to many advanced trading features, like margin trading
- Obtain excellent and timely customer support
How to Trade Crypto Futures on BTCC?
BTCC supports trading for USDT- M Perpetual Futures contracts with a leverage of up to 500×, you can trade over 300 cryptocurrencies on BTCC at the most competitive price and highest security.
The following sets forth the step-by-step guidance for crypto futures trading (take Bitcoin as an example) on cryptocurrency exchange BTCC:
Step One: go to the BTCC homepage and log in to your BTCC account. If you do not have an account, you need to register first.
Step Two: go back to the BTCC official homepage, choose “Deposite”, and then fund your account with your preferred method (fiat deposit, crypto deposit or convert).
Step Three: go back to the BTCC official homepage, choose “Futures” -“USDT-M Perpetual Futures Contract”, and find BTC/USD trading pair.
You can also directly click the button below to enter the BTC order page.
Step Four: choose the contract trading order type. Futures contract orders on BTCC platform include market orders, limit orders and SL/TP orders.
- Market Order: users place orders at the best price in the current market to achieve fast trading.
- Limit Order: Limit orders are a type of order to buy or sell futures at a price more favourable than the market price. When you buy at a price lower than the market price or sell at a price higher than the market price, the order will be in the form of a limit order.
- SL/TP Order: SL/TP orders are a type of order to buy or sell futures at a price less favourable than the market price. When you buy at a price higher than the market price or sell at a price lower than the market price, the order will be in the form of a SL/TP order.
Step Five: adjust the leverage multiple.
Please keep in mind that operating leverage carries the risk of liquidation. Leverage should be adjusted based on your financial status and risk tolerance.
Step Six: choose the lot size and set the SL/TP price .
Step Seven: after setting the basic data information, users can choose to buy (open long) or sell (open short) after entering their ideal price. Traders should remind that the price cannot be higher or lower than the highest buying price or lowest selling price of the platform.
Step Eight: click the buy or sell button, and BTC futures contract order is completed.
\Trade On BTCC With 10 FREE USDT!/
Download App for Android | Download App for iOS |
BTCC Exchange FAQs
Is BTCC Legit?
Of course, with a long operation history of 13 years, BTCC boasts an impressive user base and a stellar track record. BTCC puts a strong emphasis on conducting business in various countries and regions under the premise of lawfulness and compliance. Currently, BTCC has obtained regulatory licences in a variety of countries.
Is BTCC Safe?
Since its foundation in 2011, BTCC has proven to be a safe crypto exchange as it has recorded no report of fraudulent activities involving the platform’s backend or users’ accounts. BTCC crypto trading platform lays great emphasis on security, which can be evidenced by implementing compulsory know-your-customer (KYC) and anti-money laundering (AML) policies. Besides, BTCC also provides added security measures like two-factor authentication (2FA) for actions like withdrawals.
Does BTCC Require KYC?
Yes, to strength security and meets regulatory requirements, BTCC users must complete the Know Your Customer (KYC) procedure before using BTCC products. During this procedure, users are required to submit valid identification documents and a facial recognition scan.
Can Canadian Investors Trade Cryptos on BTCC?
Of course, BTCC is legit in Canada as it has already received a crypto licence issued by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Canadian traders can log in BTCC to trade cryptos with highest security level and most competitive fee.
Does BTCC Have a Mobile App?
Yes, BTCC offers a mobile application compatible with both iOS and Android devices. Users can download the app from the exchange’s homepage. Both the mobile app and web version share the same features and functionalities, making them highly similar in user experience.
\Trade On BTCC With 10 FREE USDT!/
Recommended for you:
Understanding KYC In Crypto: How To Complete KYC On BTCC
Best Crypto Exchanges Australia 2024
BTCC vs. Coinbase vs. Crypto.com
Compare BTCC vs. Binance: Which is a Better Choice for Canadian Traders in 2024?
Compare BTCC vs. BitMart 2024: Which is a Better Choice for Your Demand
Compare BTCC vs Gate.io: Which is Best in 2024
BTCC vs CoinJar: Which One is Better?
BTCC vs. MEXC: A Complete Comparison In 2024
BTCC vs. NDAX: which is a better choice for crypto trading in Canada?
BTCC vs. Bybit vs. eToro:which is the best choice for you?
BTCC vs. Coinbase vs. Crypto.com
How to Choose Best Crypo Exchanges in Canada
A Beginner’s Guide: What Is Copy Trading & How To Start Copy Trading On BTCC
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
- Terms & Agreement
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved
Comments
Leave a comment
Your email address will not be published. Required fields are marked with an asterisk (*).
Comment*
Name*
Email address*