Bitstamp is a cryptocurrency exchange website. It is one of the oldest and most trusted cryptocurrency exchanges in operation today. Since its inception in 2011, it has continued to build its base upon its large European users. But it has not failed to take steps in becoming one of the best choices for cryptocurrency traders around the world. Its office are scattered round different locations and it provides trading solutions to different clients spread across the world. Bistamp was founded by Damijan Merlak and Nejc Kodrič in 2011, and they have not failed to in time memorial to reiterate their aims which is to provide a service that will cater to a European client base, offering an alternative to a market that was had Mr. Got dominating it as at the time of its inception. It started in Slovenia, then they branched out in 2013 by setting up an office in UK. Then in 2016, they opened another branched office in Luxembourg. From 2016 till now, they have opened offices I London and New York.On its trading pairs, Bitstamp is currently focused on providing access to the most popular cryptos. Its trading market features Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Ripple (XRP).
Creating a New Account
Creating a new account on BitStamp is quite straight forward. It requires fewer verification processes hen compared to other exchanges.
Step 1 – visit www.bitstamp.net
The homepage is as shown above. Bitstamp is ready for business, hence your first point of contact on the page will be the ‘Get Started’ button, click on it to kick-start your registration process.
Step 2 – Creating your account
Step 3 – Email Confirmation
When you eventually click on the ‘REGISTER’ button, the tabe shown above will pop up, notifying you that an email containing your customer ID and password. The format of the email is as shown below;
After retrieving the ID and password from your email, go back to the homepage of Bitstamp but this time click on the log in button. The member log in tab is show below. The password that will be sent to you will be kind of complicated, so to ease your registration, just copy and paste it on the password tab. As you can see in the mail, emphasis is laid on the need to change your password after you have successfully logged in.
Step 4 – Change You Password
You do not need to hover around pages to change your password as you are immediately prompted to change your password once you log in. Under ‘Current Password’, type in the password that was sent to your email, and if you had copied it before, just paste it. The field that follows after that is the one for your new password and for retyping that same password. Note that your password must contain a minimum of one lower case and one upper case character alphabetical characters. And it must have one numerical character. If your password does not in any way correspond with these conditions, you will receive an error notice prompting you to comply.
After you change your password, another email will be sent to you.
Step 5 – Log in again
When you change your password, you will be redirected to the login page. Stick with the original user ID that was initially sent to your email, but use your new password. Click on the ‘log in’ button and voila; you have registered for Bitstamp. You can thereafter proceed to linking your bank accounts with your new account.