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Bitstamp is a long established and highly regarded European Bitcoin exchange that is headquartered in Luxembourg. Bitstamp was briefly the world’s second largest Bitcoin exchange by volume though it has since been surpassed by other sites. Nejc Kodrič and Damijan Merlak from Slovenia are the founders of Bitstamp, which at one point was the only alternative to Mt. Gox in the early days of Bitcoin. Despite losing 19,000 bitcoins in a hack in 2015, Bitstamp has since recovered and holds a positive reputation within the industry today.
Bitstamp accepts customers from the European Union and the United States, as well as selected other countries, for example the United Kingdom, Turkey, Switzerland, South Korea and others. While Bitstamp previously only listed a few cryptocurrencies, the exchange has been expanding its offering in recent years. Bitstamp now offers trading in both major cryptocurrencies like Bitcoin and Ethereum, as well as smaller crypto assets like DeFi protocol governance tokens. In addition, the Bitstamp API allows developers to build applications that pull market data from the site.
In October 2018, Bitstamp was acquired by NXMH, a Belgium-based investment company owned by South Korean holding company NXC. The deal was reportedly worth around $400 million, but the financial terms of the deal haven't been disclosed officially.
Read more about Bitstamp in our Bitstamp exchange review.