THE WORLD’S LONGEST-RUNNING CRYPTOCURRENCY ......Building liquidity since the early days of...

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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.

Transcript of THE WORLD’S LONGEST-RUNNING CRYPTOCURRENCY ......Building liquidity since the early days of...

Page 1: THE WORLD’S LONGEST-RUNNING CRYPTOCURRENCY ......Building liquidity since the early days of Bitcoin. Combination of know-how, tools and processes to support any business model. Robust

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.

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› 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.

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› 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

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› 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

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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.

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› 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.

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› 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

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› 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

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› 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

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› 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

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› 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

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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

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› 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

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Get in [email protected]

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Enabling freedom of exchange