Bitstamp
Tue, Apr 15Bitstamp is a centralized cryptocurrency exchange (CEX) based in Luxembourg, the UK, and the US. It commenced operations in 2011, led by then CEO Nejc Kodric and co-founded by Damigan Merlank in their home country of Slovenia.
As one of the earliest exchanges, Bitstamp enabled users to buy and sell bitcoin (BTC). The platform supports deposits in USD, EUR, and BTC.
Bitstamp provides access to 54 different tradable digital assets, including stablecoins such as Tether (USDT), USD Coin (USDC), DAI, Paxos Standard (USDP), and Gemini Dollar (GUSD).
The exchange serves retail traders, both novice and experienced, and also offers accounts for corporate and institutional clients. Bitstamp is recognized for its user-friendly interface and competitive fees.
Having been in operation for over a decade, Bitstamp distinguishes itself from newer exchanges that have less experience in providing cryptocurrency trading services.
Recommendation
Backtesting
Backtesting involves applying the rules of a trading strategy or algorithm to a historical dataset, which can span up to 10 years, for a specific asset.
Backwardation
Backwardation occurs in commodity futures markets when the spot price of a commodity surpasses its futures prices. This indicates that the price for immediate delivery is greater than the prices for delivery at future dates.
Bahamian Dollar (BSD)
The Bahamian Dollar (BSD) serves as the official currency of The Bahamas, a nation made up of more than 700 islands situated in the Atlantic Ocean, southeast of Florida.
Bahrain Dinars (BHD)
The Bahraini dinar (BHD) serves as the official currency of Bahrain, a small island nation situated in the Persian Gulf.
Bailout
A bailout is a financial concept that denotes an exceptional act of providing funds, either through lending or outright grants, to an entity (such as a company, bank, or individual) that is at risk of failing due to bankruptcy or insolvency.
Baker Hughes Rig Count
The Baker Hughes Rig Count is a frequently monitored report that tracks the number of active drilling rigs in the oil and gas sector. It acts as a gauge for the vitality of the energy industry, with variations in rig counts indicating changes in exploration and production activities. Founded in 1944 by Baker Hughes (now known as Baker Hughes, a GE company), the rig count has become a crucial measure of drilling activity in the United States, Canada, and global markets. By observing the number of active rigs, the report offers insights into industry trends, production levels, and the overall condition of the energy sector.
