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Bitstamp unveils new unified fees as Ether to begin trading

Bitstamp allows USD, EUR, bitcoin, litecoin and Ripple deposits and withdrawals. Now Ether is set to be officially added this month.

Luxembourg-based and EU regulated cryptocurrency exchange Bitstamp today announced the launch of a new unified pricing structure. The decision from the company comes in the wake of new trading pairs which have been added in the past year and in preparation for a continued expansion of its asset portfolio.

The consolidated pricing structure means that rather than having separate fee schedules for each trading pair that Bitstamp supports, exchange pricing has been unified in a more simple, straightforward and competitive way.

Now, when calculating fees, Bitstamp will combine a customer’s 30-day volume on all trading pairs, convert these amounts to USD and then apply the relevant fee according to the new schedule which can be seen below:

Fee % 30 day USD volume
0.25% < $20,000
0.24% < $100,000
0.22% < $200,000
0.20% < $400,000
0.15% < $600,000
0.14% < $1,000,000
0.13% < $2,000,000
0.12% < $4,000,000
0.11% < $20,000,000
0.10% > $20,000,000

Ethereum update

Bitstamp first announced plans for Ether listing back in May and confirmed today that preparations for launching are in their final stages. As of Thursday, August 17th, Ethereum will be available for trading with USD, EUR and BTC.

To incentivize ETH trading, Bitstamp has heavily discounted fees until January 1st, 2018 with the following schedule:

No fees Until October 1st, 2017
75% discount Until November 1st, 2017
50% discount Until December 1st, 2017
25% discount Until January 1st, 2018
Source:Bitstamp

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