Bitstamp – The Original And Longest Running Crypto Exchange Celebrates Its 10th Anniversary

Bitstamp, the   world’s   longest   running   cryptocurrency   exchange, is celebrating a decade being in the heart of the cryptocurrency market.
Bitstamp Crypto Exchange, Bitstamp Anniversary
Bitstamp was founded in Slovenia in 2011 by Nejc Kodrič and Damijan Merlak. Today, the exchange has a team of more than 350 people and by the end of 2021, expects to have a team   of   over   550.   Bitstamp   serves   more   than   4.4   million   customers across 195 countries.

Throughout the years, Bitstamp has increased its footprint in the retail market as well   as   in   the   institutional   sector. In   2021, Bitstamp has   also   seen   a   significant   influx of new female retail investors – up 24%.

Bitstamp saw a 197% growth in the number of customers using its platform in 2021 while in the first quarter of the year, the exchange’s trading volume increased by 512% compared to the same period in 2020.

Comparing   Bitstamp’s   level   of   customer   growth   today   to   its   first   year   of   operation, the exchange adds every day four times as many new customers as it had in its entire first year of operations.

Over the last decade, Bitstamp has led the industry with its compliance efforts. In 2013, the exchange became the first to ever conduct a financial audit of a crypto firm, making the first step on the road to building trust amongst all the investors. Bitstamp was also the first   cryptocurrency   exchange   in   the   world   to   obtain   a   payment   institution   license   in Luxembourg in 2016, warranting the exchange’s regulation across Europe.

Other milestones in the company’s growth:

• 2011: Starting with six clients in its first week online.

• 2012: Reaching one million transactions in total.

• 2017: Daily volumes surpass $1 billion from only BTC/USD.

• 2019: Obtaining BitLicense in the United States.

• 2020: Exceeding $72 billion in trading volume.

•  2021: Users   can   trade   more   than   100   different pairs   on   the exchange.  Bitstamp has grown from active clients in three European countries to serving clients in over 195 countries worldwide. Bitstamp is a trusted partner when trading as low as a few dollars or going big, over 130 million dollars.

Julian Sawyer, Global CEO of Bitstamp: “Cryptocurrencies will play a huge role in the next   ten years of   financial   services, and with   our   presence   firmly   rooted   in the  financial capitals of the world — London, Luxembourg, Singapore and New York — Bitstamp will play a leading role. Bitstamp will remain the longest running crypto exchange because we earned the trust of our customers.

“The   growth   and   change   we   have   seen   in   the   market   in   our   first   decade have been significant, and we are proud to have positioned ourselves as the most mature and secure digital asset exchange for all serious investors. This is the core of our offering, and in the years to come, as cryptocurrencies become increasingly mainstream, we will continue to grow our diverse set of products, services and assets to solve the most pressing financial problems of our lifetime. At Bitstamp, we are always driven by the needs and wants of our customers, a focus that we will be taking forward over the next decade.”

To celebrate its position as the longest-running and most experienced crypto exchange in the world and its explosive growth in the past year — including the continued expansion of its services in Europe, the United States and Asia Pacific Region- Bitstamp is going to share its   success   with   its customers   and   new   users until   the   end   of   this   year, beginning   in September.

About Bitstamp

Bitstamp is the world’s original   and longest-running cryptocurrency exchange, supporting investors, traders and leading financial institutions since 2011. With a proven track record, cutting-edge market infrastructure and dedication to personal service with a human touch, Bitstamp’s   secure   and   reliable   trading   venue   is   trusted   by   over   four   million   customers worldwide. Whether it’s through its intuitive web platform and mobile app or industry-leading APIs, Bitstamp is where crypto enters finance. For more information, visit www.bitstamp.net.