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 Ethereum Leverage Trading features, customer services, service scope and easy of use, thus assisting you to pick the best exchange for your need.
About BTCC
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.
About Bitstamp
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.
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 |
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 spot trading, copy trading, and NFTs. 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