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3+ best Bitstamp alternatives & competitors in 2024

Research the best alternatives to Bitstamp, compiled using a range of criteria, including cost, security, and user reviews.
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Updated: Jun 29, 2023
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Bitstamp is a European crypto exchange that’s geared towards advanced traders. Founded in 2011, it offers a range of cryptocurrencies to buy, sell, and trade. 

Compare the cost of trading and the available range of crypto markets to learn if you can trust Bitstamp, or whether it’s better to find the best Bitstamp alternative.

Quick take: best alternatives to Bitstamp 2024

  1. Plus500: Best for international CFD trading*
  2. eToro: Best for beginners, copy-trading & demo-account
  3. Kraken: Best for simple, global cryptocurrency trading from your phone
  4. Bitstamp: Best for professionals & trading with APIs
  5. Uphold: Best for building long term wealth

Top 10 Bitstamp alternatives & similar sites

1. Plus500. Best for international CFD trading*

From 2%

Fees

$100

Minimum deposit

3,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Free demo account for every user Secure broker, licensed by top-tier regulators Wide variety of CFDs to trade Several good risk management tools
No support on trading information and education Website isn’t brilliantly designed to help users find answers to their questions No MetaTrader trading platform compatibility

Overview

We love Plus500 because it is one of the industry’s most transparent and reliable brokers. Its fees are clear and you’ll know exactly what you will be paying before you make a trade. Its technology driven platform gives access to over 2800 instruments, including CFDs on stocks, forex, commodities, and cryptocurrencies among several others.

Plus500 has something for all types of traders, no matter what level of experience. It’s zero commission and tight spreads make it a top choice for day traders and its trading academy is packed with educational content, perfect for beginners just starting. 

For accurate instrument availability, visit plus500.com.

The fees: There are no commission fees on any trades with Plus500 and it makes it money through the Bid/Ask spread. Spread starts from 0.01% or 0.9 pips and varies depending on the instrument. Additional fees include overnight funding which is dependant on trade size and guaranteed stop orders, which add a minimum of 10% to the spread. There is an inactivity charge of £10 per month for accounts not logged in for three months. 

*Based on a comparison of 60+ leading brokers and trading platforms.

Highlights

Visit Plus500 Plus500 Review

CFD service. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

2. eToro. Best for beginners, copy-trading & demo-account

1%

Fees

$100

Minimum deposit

4,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Great for beginners, simple to set up and get started Competitive, industry-leading commissions Popular ‘Copy Portfolios’ function lets you follow top traders Excellent customer service, with live chat support provided
Comparatively high fees for withdrawals and account inactivity Does not integrate with the MetaTrader platform High spreads on some assets

Overview

We love eToro because it makes it simple to trade crypto at home or on the go. If you’ve never bought cryptocurrency before, then eToro makes it simple to buy 75+ of the leading coins, including the likes of Bitcoin, Ethereum, and Dogecoin. Every crypto trade comes with a flat 1% fee, which makes it one of the cheapest crypto brokers on the market to boot.

As well as being a broker that offers lots of investor protection, eToro offers a very social trading experience. You can easily see what’s trending on the crypto market every day, browse the latest technical analysis about every one of those tokens, and copy other people’s trade suggestions from your desktop or the eToro app.

The fees: You will be charged a 1% fee every time you buy or sell crypto. The charge is included in the market price that’s displayed on eToro. CFD trades may be charged an overnight or weekend fee if you leave the position open.

Highlights

Visit eToro eToro Review

Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Invezz.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB.

3. Kraken: Best for simple, global cryptocurrency trading from your phone

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Cheap/ free deposits in EUR and cheap deposits for the USA Margin trading and Futures supported Transparency - it was the first exchange to carry out proof of reserves Low fees in comparison to other exchanges
Catered towards professional traders with large trading volumes Slow account verification in comparison to other brokers

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. Creating an account is free, then you’re ready to make your first step, with no time-consuming verification periods.

With 200+ crypto tokens at your fingertips, a 24/7 support system, and an extensive educational platform, Kraken is the perfect place to take your first steps into crypto. It’s perfect for international traders outside the US, and is available in 190 countries around the world.

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Visit Kraken Kraken Review

4. Bitstamp. Best for professionals & trading with APIs

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Low trading fees and no spreads Supports multiple fiat currencies Regulated platform
Limited number of coins available Major fees on deposits and withdrawals Liquidity has suffered due to the limited selection of coins and most liquidity is concentrated in top names like Bitcoin and Ether

Overview

We love Bitstamp because it has a proud reputation for top performance over more than decade. Bitstamp offers trading on 75+ cryptocurrencies, including Bitcoin, Ethereum, and Litecoin, while staking is available on Ethereum and Algorand. 

Bitstamp was one of the first crypto platforms to set up shop in 2011 and has built up trust since. It’s designed with institutional traders in mind, so it prides itself on near 100% uptime. It stores 95% of assets in cold storage and offers a sliding scale of fees so that high volume traders get the best rates.

The fees: There are no trading fees if you trade less than $1,000 in a rolling 30-day period. Above that, fees start from 0.4% and decline the higher your trading volume is. There is a 15% charge for staking. Withdrawals are charged a flat €3 fee.

Highlights

Visit Bitstamp Bitstamp Review

5. Uphold. Best for building long term wealth

$0.99

Fees

...

Minimum deposit

300

No. assets

Yes

Demo/virtual account

Pros & Cons

Wide range of cryptocurrencies available Zero deposit and withdrawal fees Crypto wallets to store your coins Low minimum deposits and fast account set up
Spreads can be high for some cryptocurrencies Services vary depending on region Customer support is limited

Overview

We love Uphold because it’s a regulated and transparent digital asset platform. There are 160+ cryptocurrencies available to hold and trade, along with three fiat currencies; GBP, EUR, and USD. 

Uphold’s key features include the ability to schedule transactions to avoid trying to time the market. With a focus on long term wealth building, Uphold also offers the ability to earn rewards of up to 25% on staked crypto, as well as 4% cashback paid in XRP for purchases made with the Uphold card.

The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.

Highlights

Visit Review

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

6. Public. Best for sharing beginner trading ideas

public.com logo

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Commission free stock and ETF investing Share and compare your portfolio on a social trading platform Trade crypto, fractional shares, and alternative investments
You can't trade on margin or use leverage No forex, options, funds, metals, or bonds

Overview

We love Public because it’s a social platform where you can share trading tips and get ideas from other people. Public offers 9,000+ financial instruments, including cryptocurrencies and stocks from around the world.

Alongside a community of other investors all sharing their ideas, Public offers real time news and information so that you can see the full picture before you invest. And the assets don’t just include your run-of-the-mill assets; you can make alternative investments in things like handbags and comic books as well.

The fees: Cryptocurrency trades are charged a 2.5% fee per transaction. 

Highlights

Visit Review
Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.

7. KuCoin. Best social trading altcoin exchange

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

Anonymous trading with up to 2 BTC withdrawals/24 hours Wide variety of cryptocurrencies No deposit fees
Low trading volumes not suitable for big traders Doesn’t support U.S. customers You might experience delays and lags during high-traffic times.

Overview

We love KuCoin because it;s a great place for beginners to trade more than 700 altcoins. KuCoin is a social trading platform with 20+ million investors worldwide in 200+ countries.

KuCoin’s beginner zone offers up rewards up to $500 for new users. The rest of the platform has plenty of features for the crypto enthusiast: a staking service to earn money on your stored crypto, an NFT marketplace, and margin trading features to buy leveraged tokens.

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Visit KuCoin KuCoin Review

8. Coinbase. Best secure trading platform for all types of trader

Up to 0.6%

Fees

$10

Minimum deposit

200

No. assets

No

Demo/virtual account

Pros & Cons

Simple and easy to use interface Able to buy cryptocurrencies instantly with a credit or debit card Offers great security on its wallet Can use a variety of payment methods
Quite high fees for credit and debit card instant buys Poor customer support

Overview

We love Coinbase because it’s the leading public crypto platform. Coinbase offers more than 170 cryptocurrencies to trade, a secure wallet to store your coins in, and automatic staking rewards on 10+ cryptos through Coinbase Earn.

A public company brings transparency and renown, so you can trust that any money on Coinbase is safe and you’re sharing the platform with over 100 million other users. There is insurance on all cash balances up to $250,000 and the majority of assets are stored offline in cold storage.

The fees: Trading fees start from 0.6% but reduce the higher your trading volume. Bank transfer deposits and withdrawals are free, other payment methods may be charged. There is no fee for wallet-to-wallet crypto transactions but you will have to pay blockchain fees. Coinbase charges a 25% fee for its staking services.

Highlights

Visit Coinbase Coinbase Review

Compare similar apps to Bitstamp

We have assigned each Bitstamp alternative a rating to give you an idea of the overall service each crypto exchange provides. The score, alongside a snapshot of some important features, allow us to quickly summarise Bitstamp’s top competitors.

BitstampeToroCoinbaseOKX
Minimum deposit£10£10Variable
Trading feesYesYesYesYes
Tradable assets85+3,000+3,000+350+
Supported assetsCrypto, NFTsCrypto, stocks,
forex, indices,
ETFs, NFTs
Crypto, NFTsCrypto, NFTs
Demo accountNoYesNoYes
Invezz rating3.94.64.54.4
Visit site > Visit site > Visit site > Visit site >

How the best Bitstamp alternative was found

We found alternative crypto exchanges to Bitstamp by reviewing what most closely matched Bitstamp in terms of the business model, licensing & operations, cost of trading, target audience, and cryptocurrency markets available.

We ranked each alternative on these factors while taking into account all available user-reviews across services like Trustpilot, Reviews.io, and Sitejabber, to find the services that offered similar apps to Bitstamp.

Here are some more of the features we used to identify the best Bitstamp alternatives.

  • Best low fee Bitstamp alternatives. The main cost of using a crypto exchange comes from trading fees or commissions but there may be other fees as well. We considered the overall cost of using a different exchange platform, including inactivity fees, spreads, and conversion fees.
  • Best Bitstamp alternatives for beginners. Beginner-friendly Bitstamp alternatives provide an intuitive app and trading experience that helps you make your first steps in trading. The most important feature it must offer is a free demo account, while features like copy or social trading can be useful as well.
  • Best Bitstamp competitors with similar products. We picked out cryptocurrency exchanges where the markets and number of assets available most closely resembled Bitstamp. Good Bitstamp alternatives offer a large, varied range of crypto products.
  • Most secure Bitstamp alternative. All the Bitstamp competitors we recommend are regulated by top tier financial regulators to protect you and your money. We also look for similar apps to Bitstamp that are transparent about their finances and how they store customer funds.
  • Best Bitstamp competitors with highest user reviews & customer ratings. Real life experience of using a cryptocurrency exchange is important. We identified the most popular exchanges by comparing those with the best average ratings and most positive user reviews.

Best low fee alternatives to Bitstamp

You don’t want to switch crypto exchanges only to pay more for the service. Here’s how Bitstamp alternatives compare in terms of how they make their money:

BitstampeToroCoinbaseOKX
Trading feesYesYesYesYes
Inactivity feesNoYesNoNo
Rollover/overnight feesNoYes, on CFDsNoNo
Withdrawal feesNoYesYesYes
SpreadsYesYes, on certain assetsYesYes
Conversion feesYesYes, for non-USD currenciesNoNo

Best Bitstamp alternative for beginners

Bitstamp is targeted towards beginners, so any competitor should provide a helpful experience to new users as well. Here is a comparison of beginner-friendly features available from Bitstamp’s competitors:

BitstampeToroCoinbaseOKX
Free demo accountNoYesNoYes
Video tutorialsNoYesYesNo
Copy tradingNoYesNoNo
Trading academyNoYesYesYes

Bitstamp competitors with similar products

A Bitstamp alternative should allow you to invest into a similar range of digital assets and crypto markets. That way, you can invest in the same products even if you switch exchanges. Here’s how the competitors compare to Bitstamp:

BitstampeToroCoinbaseOKX
Currencies49
Stocks3117
ETFs317
Indices20
Commodities26
Cryptocurrencies85+733,000+350+

Most secure Bitstamp alternative

Regulation is important because it offers you financial protection in the event that something happens to the exchange, like a bankruptcy. Here are how the top alternatives fare against Bitstamp in terms of regulatory protection.

BitstampeToroCoinbaseOKX
Africa regulationFSAS
Asia regulation
Australasia regulationASIC
European regulationFCA, CSSFFCA, CySEC, DNB, AMF, OAM, MFSABaFin
North American regulationNYDFSFinCEN, FINRAFinCEN
South American regulation

Best Bitstamp competitors with highest user reviews & customer ratings

We gathered data from independent review platforms to show what the experience of using a Bitstamp alternative was like for other people. 

This information can be a useful tool to help you decide which crypto exchange to use, but remember that there are many reasons why someone might have a good or bad experience with a service – and not all of them are the platform’s fault.

BitstampeToroCoinbaseOKX
Trustpilot2.34.41.52.9
Reviews.io3.04.52.2
Sitejabber2.071.743.65
Choose a Bitstamp alternative

FAQs

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
Prash is a financial writer for Invezz covering FX, the stock market and investing. For over a decade he has traded spot FX full time while... read more.