Smart Hack That'll Get Your Bitstamp Fees Waived

Fight and Waive Fees Smart Hack That'll Get Your Bitstamp Fees Waived

Smart Hack That'll Get Your Bitstamp Fees Waived

Bitstamp is a cryptocurrency exchange famous for beginning in 2011, making it among the first places to buy and exchange Bitcoin. It is a good choice for casual cryptocurrency investors and beginners looking to transact at competitive rates as well as enjoy low Bitstamp fees and an easy-to-use interface.

Today, Bitstamp supports traders seeking to buy and sell a list of forty-five cryptocurrencies with competitive trading fees. You can choose to trade crypto with Bitstamp's simple mobile apps, online trading platform, or active trading platform. Although cryptocurrency trading may be volatile and risky, Bitstamp does a good job of keeping clients' accounts secure while offering a user-friendly cryptocurrency investing experience and trading.

Though  aren't the cheapest around, they are definitely not the most expensive, and fortunately, DoNotPay can help you appeal or avoid some of the fees for smooth trading. Alongside Bitstamp, we will also help you to fight and waive/appeal Spirit Airlines Baggage, Shopify, Robinhood, Chase checking account fees, and much more.

How Much Does Bitstamp Charge per Transaction?

 has competitive trading fees, and it allows trading between bitcoin currency and USD currency. It also allows EUR, USD, bitcoin, Ethereum, Litecoin, ripple, or bitcoin cash deposits as well as withdrawals. The standard trading fee stands at:

  • Market maker – 0.5%
  • Market taker – 0.5%

Bitstamp can, however, change the fees at any time, and once they do, you'll be notified about the changes through your email or account.

Additionally, Bitstamp charges proportional trading fees on a sliding scale — meaning the more you invest, the more the percentage of trading fee shrinks. Here's an overview of their competitive fee structure based on your 30-day trading volume for up to $50 million per month.

30-Day Trading VolumeFee
Under $10,0000.50%
Under $20,0000.25%
Under $100,0000.24%
Under $200,0000.22%
Under $400,0000.20%
Under $600,0000.15%
Under $1,000,0000.14%
Under $2,000,0000.13%
Under $4,000,0000.12%
Under $20,000,0000.11%
Under $50,000,0000.10%

Types of Bitstamp Fees?

  • Credit Card Purchases

For every credit card purchase you make, a fee of 5% is charged.

  • Debit Card Withdrawal

When you withdraw using a debit card, you'll be charged a fee of at least 10 USD.

  • Trading Fees

When trading, all trades under $10,000 are charged a fee of 0.5%, which shrinks as you invest in bigger trades.

How to Appeal Bitstamp Fees by Yourself

Though you cannot entirely evade Bitstamp fees, here are a few ways that can help you spend fewer fees.

  1. Instant Buys

Assuming that you use ACH and not debit or credit to finance your purchases, you can benefit from industry-low fees.

  1. International Wire Transfer

When using an international wire transfer, you're charged a fee of 0.05% for deposits (the minimum fee is $7.5, and the maximum is $300). A fee of 0.1% is charged when withdrawing funds using this mode (with a minimum of $25 and a few other banking charges that may be made). These fees are a bit lower than the standard trading fees.

  1. SEPA Fees

If you're residing in the European Union and using Euros, you'll be charged SEPA (Single Euros Payment Area) fees. Luckily, deposits for SEPA are free, and withdrawals are charged a fee of 3EUR. This makes the transactions cheaper.

  1. Cryptocurrency

Depositing or even withdrawing funds from Bitstamp was initially free, but now they charge some amount for withdrawals. The good thing is that the charges are very low compared to the standard trading fees, and the rates differ depending on the precise crypto involved.

How You Can Use DoNotPay to Appeal Bitstamp Fees

  1. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal.


  2. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one.


  3. Submit your case! DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing.


Why Use DoNotPay to Appeal Bitstamp Fees

  • Fast — You don't have to spend hours trying to appeal your Bitstamp fees.
  • Easy — You don't have to strive to fill out monotonous forms or keep track of all the steps involved in appealing Bitstamp fees.
  • Successful — You can rest assured knowing we will make the best case for you.

DoNotPay Works Across All Companies/Entities/Groups With the Click of a Button

At DoNotPay, we can also help you to fight and waive/appeal:

What Else Can DoNotPay Do?

We can also help you to:

There's so much more DoNotPay can help you with today. Join DoNotPay today to waive your fees!

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