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Cryptocurrency & Blockchain · head to head

Bitstamp vs Remitly

Bitstamp logo

Bitstamp

Cryptocurrency & Blockchain

The original crypto exchange since 2011

From
Free
Rated
-
Full reviewWebsite
Remitly logo

Remitly

Personal Finance

Send money faster to loved ones abroad

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Bitstamp has a free tier, so it costs nothing to try first.
  • Each has a real cost: Bitstamp trading fees are higher than some competitors; Remitly no fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor
  • They diverge on capability: Bitstamp covers Spot Trading, Remitly covers International remittances.

Where they differ

Only the attributes on which Bitstamp and Remitly actually diverge.

Attributes where Bitstamp and Remitly differ
AttributeBitstampRemitly
Starting priceFreeOn request
Pricing modelfreemiumtransaction
Free tierYesNo
PlatformsWeb, Mobile iOS, Mobile AndroidWeb, IOS, Android
CategoryCryptocurrency & BlockchainPersonal Finance

Identical on both: user rating (Not yet rated), founded (2011).

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 Remitly

  • International remittances
  • Multiple delivery methods
  • Send money to 200+ countries
  • Currency conversion
  • Bank accounts
  • IOS support

Both cover

  • Web support
  • Android support

What people use each for

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

Bitstamp

  • Exchangesnot Remitly
  • Tradingnot Remitly
  • Compliancenot Remitly

Remitly

  • Sending cross border remittances from a phone or browsernot Bitstamp
  • Delivering funds to bank accounts, cash pickup and mobile wallets abroadnot 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

Remitly

  • No fee schedule, exchange rate margin or transfer limit is published; the cost is disclosed only after starting a transfer for a specific corridor
  • The Express and Economy delivery options have no published price difference

Pricing, plan by plan

Bitstamp

Free
  • StandardFree
    • Spot trading
    • Staking
    • Instant orders

Remitly

On request
  • Express$undefined/month
    • Fast transfers
    • Multiple delivery methods
  • Economy$undefined/month
    • Lower cost option
    • 3-4 day delivery

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 Remitly if

  • You need international remittances.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.
Remitly review

Questions people ask

Is Bitstamp or Remitly better?
Neither clearly leads. Bitstamp starts at Free and Remitly at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bitstamp or Remitly?
Bitstamp has a free tier; the other does not. Paid plans start at Free for Bitstamp and On request for Remitly.
Does Bitstamp or Remitly run on more platforms?
Bitstamp runs on Web, Mobile iOS, Mobile Android. Remitly runs on Web, IOS, Android.
Can I use Bitstamp for free?
Yes. Bitstamp has a free tier, so you can try it without paying. Remitly starts at On request.
What is Bitstamp best used for?
Bitstamp is most often used for exchanges, trading, compliance. Of those, exchanges and trading are not what Remitly is typically brought in for.
What can Bitstamp do that Remitly cannot?
Bitstamp covers Spot Trading, Staking, Instant Orders, API Trading. Remitly covers International remittances, Multiple delivery methods, Send money to 200+ countries, Currency conversion. Both handle Web support, Android 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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