Bitstamp officially launches Ethereum (ETH) trading

A quick update from Bitstamp today, the digital asset exchange and largest Bitcoin exchange in the EU has officially announced the live launch of trading support for ETH/BTC, ETH/USD and ETH/EUR.

Bitstamp’s decision to add ether to its platform came in response to strong demand from its customers and the rest of the cryptocurrency community, the live trading capabilities are now integrated after several months of planning.

To kick off its new trading support, Bitstamp is offering free ether trading until October 1, 2017 with generous discounts available thereafter until January 1, 2018. The new updated fee structure including ether discounts was announced last week.

Bitstamp CEO, Nejc Kodrič said:

“We’ve been encouraged by ether’s potential and the demand shown for its inclusion among our trading pairs. We encourage new and existing customers to take full advantage of the introductory discounts we have made available on ETH trading fees.”

Ether deposits and withdrawals opened on Thursday, August 17 at 5 a.m. (EST), with full trading commencing at 9 a.m. (EST). Customers’ ether funds are secured with multi-sig ETH wallets provided by Bitgo.

Bitstamp’s launch of ether trading support comes in the wake of the introduction of the exchange’s new unified fee schedule. Now, when calculating fees, the customer’s 30-day volume on all trading pairs is combined. This simplifies the trading process and keeps costs down for Bitstamp’s customers.

 

Bron: Cryptoninjas

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