Rock’n’roll history of Bitcoin, Blockchain, and Cryptocurrency
THE WORLD’S LONGEST-RUNNING CRYPTOCURRENCY ......Building liquidity since the early days of...
Transcript of THE WORLD’S LONGEST-RUNNING CRYPTOCURRENCY ......Building liquidity since the early days of...
THE WORLD’S LONGEST-RUNNING CRYPTOCURRENCY EXCHANGE
This document is copyright of Bitstamp Limited © 2012–2020. All Rights Reserved. Unauthorized use is prohibited.
We enable trading of Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, Paxos Standard and Stellar Lumens paired with USD, EUR, GBP and BTC.
› WHO WE ARE
Our mission is to enable freedom of exchange
A cornerstone of the crypto industry since 2011
Driven bytechnology
Setting standardsin service
Building liquidity since the early days of Bitcoin.
Combination of know-how, tools and processes to support any business model.
Robust infrastructure with industry-leading uptime during extreme demand spikes.
We empower our customers to access the most promising digital assets of today, while we build the financial infrastructure of tomorrow.
› TIMELINE
Progress through PersistenceWe are dedicated to the long-term development of cryptocurrencies and have supported the market through all its cycles.
$20 K
$15 K
$10 K
$5 K
$0
Price of BTC
• • • • • • • • •
2011Bitstamp
opens its doors
2012Reaches 1 Mtransactions
2013First auditof a crypto
exchange in history; $10 M investment
from Pantera
2015First cryptoexchange toimplement
multi-sig wallets
2016First cryptoexchange toobtain PSPlicense in Europe
(Luxembourg)
2017Additional digital assets: ETH, XRP,
LTC, BCH; dailyvolume at
Bitstamp passes $1 B
2018Bitstampacquiredby NXMH
2019Bitstamp
USA Inc. obtains BitLicense
2020Implemented
matchingengine
from Nasdaq; additional digital assets: PAX, XLM
› STATISTICS
Success through ServiceProviding a reliable trading venue to our customers is our highest priority. Our success comes from their trust.
• Top-3 regulated crypto exchange on USD and EUR markets
• Leading fiat on/off-ramp with over 15 established banking relationships guaranteeing robust payment rails worldwide
• Supporting a wide array of business models for diverse financial institutions
• Trusted source of pricing data for all major Bitcoin futures products
• Support available 24/7/365• Dedicated account managers for partners
Trading volume
$39 B 41
65
39
FY18FY17 FY19
# of clients
4 M 34 4
Dec-17 Dec-18 Dec-19
Client assets
$1-3.5 B CRYPTO
FIAT
Trading pairs supportedat Bitstamp
• BTC/USD• BTC/EUR• BTC/GBP• BTC/PAX• EUR/USD• XRP/USD• XRP/EUR• XRP/BTC• XRP/GBP• XRP/PAX• LTC/USD
• LTC/EUR• LTC/BTC• LTC/GBP• ETH/USD• ETH/EUR• ETH/BTC• ETH/GBP• ETH/PAX• BCH/USD• BCH/EUR• BCH/BTC
• BCH/GBP• XLM/BTC• XLM/USD• XLM/EUR• XLM/GBP• PAX/USD• PAX/EUR• PAX/GBP• GBP/USD• GBP/EUR
Impact through Integrity
› COMMITMENTS AND REPUTATION
We hold ourselves to the highest standards of accountability, reliability and transparency.
Reputation License Security
• Trusted by a large set of market participants forming a diversified pool of liquidity
• Time-proven stability and unmatched uptime
• Core team remains unchanged since Bitcoin’s early days
• 98% of assets stored offline and protected by BitGo’s insurance coverage
• Additional crime insurance policy for all assets
• Tools including whitelisting and additional confirmations
• Payment-institution license in the EU (Bitstamp Europe S.A.)
• BitLicense in the US (Bitstamp USA Inc.)
• Audited by one of the Big Four
Enabling crypto access for a range of institutions.
› TECHNOLOGY FIRST
Unwavering focus on technologyWe are an infrastructure-first company. It’s what makes us the most reliable exchange in crypto.
Matching enginebuilt by Nasdaq
Horizontally scalable matchingengine enables up to50 K events per second per partition and a roundtrip time of under 1 ms.
Core infrastructure on par with leading traditional exchanges.
Instant fiaton/off ramp
Fiat deposits and withdrawals through our partner banks are processedautomatically and cleared instantly, 24/7.
Solution available for select clients.
Premiumconnectivity
Private endpoints, comprehensivedocumentation and industry-leading speed is what makes our APIs thebest in crypto.
Lineup of APIs featuring HTTP, FIX and Websocket.
› REGULATION
Building trust and customer protection with a proactive approach to regulationOur long-term focus means we are committed to customer protection and market integrity without shortcuts.
• We actively work with regulators all over the world and offer insights on the cryptocurrency industry• Subject to regular internal and external audits, by regulators as well as the big four
• Regulated by CSSF in Luxembourg since early 2016
• We were the first crypto exchange to receive a Payment institution license in Europe
Europe
• Received NY DFS BitLicense in 2019• In the process of obtaining MTLs
state by state
United States
› ENTITIES IN THE BITSTAMP GROUP
Enabling worldwide access to cryptocurrency marketsWe’ve evolved from a Bitcoin pioneer to a global business group.
Countries where Bitstamp has clients
BITSTAMP USA INC.
BitLicense from DFSUnited States
BITSTAMP D.O.O.
OperationsSlovenia
BITSTAMP ASIA PTE. LTD.
Singapore officeSingapore
BITSTAMP EUROPE S.A.
Licensed PSPLuxembourg
BITSTAMP LTD.
UK office United Kingdom
› LEADERSHIP
Combining deep industry expertise with proven business leadership
Nejc Kodrič
Nejc built Bitstamp into a pillar of the crypto industry and is widely regarded as a Bitcoin pioneer, dedicated to promoting economic empow-erment through technology. He leads Bitstamp‘s overall strategy, vision and product development.
CHIEF EXECUTIVE OFFICER
David has over 17 years of ex-perience leading systems oper-ation and technological teams for companies operating in the Bitcoin, media and entertainment industries. He has been trading Bitcoin since 2012 and has a pas-sion for blockchain and building security devices.
David Osojnik CHIEF TECHNOLOGY OFFICER
Vasja is a proven leader who leverages his 20-year expe-rience in cryptocurrencies, operations, digital media strat-egy, product development, consultancy and turnaround management to deliver top performance in challenging situations.
Vasja ZupanCHIEF OPERATING OFFICER
Edward has gathered over 30 years of experience working in finance and accounting and has in-depth knowledge of implementing new financial systems. His experience in-cludes corporate governance, leadership, stakeholder re-lations, as well as financial management and control.
Edward KempCHIEF FINANCIAL OFFICER
Mary Beth has continuously held senior roles in the public and private sector for over 20 years, including a presidential appointment as US attorney and partnership position at a NY law firm. She joined Bitstamp after entering the crypto industry as Kraken’s General Counsel.
Mary Beth BuchananCHIEF LEGAL OFFICER
Miha leverages his in-depth knowledge of the business, cus-tomer base and industry trends to establish strategic partner-ships and expand Bitstamp’s institutional product offering. He played an integral role in building Bitstamp into Europe’s largest crypto exchange and the first to obtain a PSP license in the EU.
Miha GrčarGLOBAL HEAD OF BUSINESS DEVELOPMENT
› WHO WE SERVE
Trade on markets that never close• Highly liquid markets• Robust and stable fiat rails• Industry-leading API connectivity
A range of services for diverse customer typesBitstamp combines the know-how and infrastructure needed to integrate crypto into any portfolio or business model.
Market participants
Expand your product offering• Open new revenue streams• Reduce operational costs• Introduce new payment methods
Service providers
Reliable access to cryptocurrencies• Intuitive web and mobile apps• Secure trading environment• Diverse deposit and withdrawal
options
Retail customers
› HOME OF PROFESSIONAL CRYPTO TRADERS
The fiat-crypto exchange of choice for trading firmsLeaders in crypto trading infrastructure
Inexhaustible liquidity,unshakeable rails
• High-performance matching engine from Nasdaq• Cold storage for 98% of assets, protected by BitGo’s
insurance policy and additional crime insurance• 24/7 deposits and withdrawals• Industry-leading uptime
• $39 B trading volume in 2019• 50 K daily trades & over $100 M average volume• Deep order books capable of matching large orders without
destabilizing price• Robust system of fiat rails ensures frictionless flow of funds
Source: Crypto Integrity
Liquidity of spot BTC/USD pairs(10% depth, combined orders)
Sell orders Buy orders
BitstampCoinbase Binance LiquidKraken OKEx GeminiFTX$0 M
$10 M
$20 M
$30 M
Unmatched connectivity• Industry-leading REST, FIX and Websocket
APIs• Private endpoints for unlimited calls• Real-time data streams of market depth,
OHLC, order-book statuses and history are available 24/7
• Source of pricing data for CME, Nasdaq & BitMEX
The fiat-crypto exchange of choice for trading firms
Trade
2000
1500
1000
500
0
Ticker Product Order book
Exchange API response time (TTFB)
› HOME OF PROFESSIONAL CRYPTO TRADERS
Source: Cryptocompare
Bitstamp Kraken Bitfinex Coinbase OKEx Binance bitFlyer Gemini
› CRYPTO ON-DEMAND FOR SERVICE PROVIDERS
Build your own products withBitstamp’s Crypto-as-a-Service
Your app
Banking API
Bitstamp
Exchange API
Entering the crypto market is as simple as buying a service
• A full-stack basket of services that allow you to quickly add crypto exposure to your existing platform without building any back-end infrastructure
• We take care of liquidity, order matching, custody, compliance and operational requirements
• Retain all the cash flow in your balance sheets and collect profits
Why CaaS?
• Offer your customer a product they want
• Open new revenue streams• Retain and grow liquidity• Retain clients and increase
market share
Plug & Playsetup
• Open a trading account at Bitstamp
• Connect to our API• Add a crypto buy/sell
interface to your platform or mobile app
• Operations are fully automated after initial setup
Get in [email protected]
This document is copyright of Bitstamp Limited © 2012–2020. All Rights Reserved. Unauthorized use is prohibited.
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Enabling freedom of exchange