Bitstamp Supported Countries | Which Ones Are Today?
Mike Harry
Feb 2024
3 min read
Fact checked
Introduction: Bitstamp is a popular cryptocurrency exchange platform that allows users to buy, sell, and trade various digital currencies. In this article, we will provide an overview of the countries that are supported by Bitstamp, as well as those that are prohibited from accessing its services.
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Though registered in the United Kingdom, Bitstamp operates from its headquarters in Luxembourg, managing a workforce of over 400 employees.
Focusing primarily on the European market, the platform is accessible in over 100 countries.
The platform caters to a solid user base of 4 million people and its mobile application has been downloaded more than half a million times.
Bitstamp supports over 80 cryptocurrencies, including well-known ones like BTC, ETH, LTC, XRP, USDT, and USDC.
Bitstamp Restricted & Banned countries
Below are a list of the countries that are currently not eligible to use the Bitstamp exchange.
The United States (Coming soon), United Kingdom, Japan, Canada (Ontario) and OFAC countries such as China, Russia, Cuba and Iran.
Is Bitstamp Licensed & Regulated?
Bitstamp is a Luxembourg-based cryptocurrency exchange licensed by the Luxembourgish government to operate as a payment institution, a permit that covers all 28 European Union member states.
This license provides a secure platform for bitcoin trading for all European customers. Additionally, Bitstamp has secured a payment institution license from the UK's Financial Conduct Authority, enabling it to operate in the UK.
Is Bitstamp available in the US?
At the time of writing, Bitstamp is not available in the United States (US).
On it's website however, Bitstamp is claiming that this is a work in process and that they are expecting to launch on the US market soon.
Can I use Bitstamp in UK & Canada?
Bitstamp is a cryptocurrency exchange that is available in both the UK and Canada.
Unfortunately for Canadians living in Ontario, you are out of luck as you are restricted from using Bitstamp.
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