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Bitstamp vs Compound

Bitstamp logo

Bitstamp

Software

The original crypto exchange since 2011

From
Free
Rated
-
Full reviewWebsite
Compound logo

Compound

Software

Autonomous interest rate protocol

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Bitstamp trading fees are higher than some competitors; Compound compound is a decentralized, non-custodial protocol governed by COMP token holders rather than a company; interest rates on supplied and borrowed assets are set algorithmically by pool utilization rather than published as a price list, so there is no vendor pricing page to compare against
  • They diverge on capability: Bitstamp covers Spot Trading, Compound covers Lending.

Where they differ

Only the attributes on which Bitstamp and Compound actually diverge.

Attributes where Bitstamp and Compound differ
AttributeBitstampCompound
Pricing modelfreemiumUnknown
PlatformsWeb, Mobile iOS, Mobile AndroidEthereum
Founded20112017

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Bitstamp

  • Spot Trading
  • Staking
  • Instant Orders
  • API Trading
  • SEPA
  • SWIFT
  • Credit Card
  • Ios support

Only in Compound

  • Lending
  • Borrowing
  • cTokens
  • Governance
  • COMP Token
  • Ethereum

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Bitstamp

  • Exchangesnot Compound
  • Tradingnot Compound
  • Compliancenot Compound

Compound

  • Decentralised finance (DeFi) lending and borrowing protocol on Ethereumnot Bitstamp
  • Cryptocurrency collateral management for USDC borrowingnot Bitstamp
  • Interest earning through crypto asset supplynot Bitstamp
  • Algorithmic interest rate determination based on supply and demandnot Bitstamp

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Bitstamp

  • Trading fees are higher than some competitors
  • Limited selection of newer or smaller altcoins compared to larger exchanges
  • Customer service response times can be slow during high-volume periods

Compound

  • Compound is a decentralized, non-custodial protocol governed by COMP token holders rather than a company; interest rates on supplied and borrowed assets are set algorithmically by pool utilization rather than published as a price list, so there is no vendor pricing page to compare against

Pricing, plan by plan

Bitstamp

Free
  • StandardFree
    • Spot trading
    • Staking
    • Instant orders

Compound

Free

No published plan breakdown. See the Compound review.

Which should you pick?

Choose Bitstamp if

  • You need spot trading.
  • You want to start without paying.
  • You work on Web, Mobile iOS, Mobile Android.
  • You also want staking.
Bitstamp review

Choose Compound if

  • You need lending.
  • You want to start without paying.
  • You work on Ethereum.
  • You also want borrowing.
Compound review

Questions people ask

Is Bitstamp or Compound better?
Neither clearly leads. Bitstamp starts at Free and Compound at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bitstamp or Compound?
Bitstamp starts at Free and Compound at Free.
Does Bitstamp or Compound run on more platforms?
Bitstamp runs on Web, Mobile iOS, Mobile Android. Compound runs on Ethereum.
Can I use Bitstamp for free?
Both have a free tier, so you can try either at no cost before committing.
What is Bitstamp best used for?
Bitstamp is most often used for exchanges, trading, compliance. Of those, exchanges and trading are not what Compound is typically brought in for.
What can Bitstamp do that Compound cannot?
Bitstamp covers Spot Trading, Staking, Instant Orders, API Trading. Compound covers Lending, Borrowing, cTokens, Governance. Both handle Web support.

Answered from the vendors’ own pages

Bitstamp: When was Bitstamp founded?

Bitstamp was founded in August 2011 in Slovenia by Nejc Kodrič and Damjan Merlak.

Source
Bitstamp: Where is Bitstamp registered?

Bitstamp is registered in Luxembourg and was recognized by Luxembourg as a virtual currency exchange in 2016.

Source
Bitstamp: How many cryptocurrencies does Bitstamp list?

Bitstamp lists approximately 107 cryptocurrencies with close to 230 spot trading pairs including USD, EUR, GBP, and stablecoin base currencies.

Source
Bitstamp: Who owns Bitstamp?

Bitstamp is owned by Robinhood, which acquired the exchange to expand its cryptocurrency trading capabilities.

Source
Bitstamp: How many customers does Bitstamp have?

Bitstamp is trusted by more than 5 million customers worldwide.

Source
Bitstamp: How does Bitstamp store customer cryptocurrencies?

Bitstamp keeps most client crypto in cold storage for security and offers additional security features including 2FA and withdrawal-address whitelisting.

Source
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Related pages

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