Share this article
Bitstamp Will Add Ether Trading to Cryptocurrency Exchange
European cryptocurrency exchange Bitstamp will launch new trading pairs for ether next week.
By Wolfie Zhao
Updated Sep 13, 2021, 6:49 a.m. Published Aug 9, 2017, 7:00 p.m.
European cryptocurrency exchange Bitstamp will launch new trading pairs for ether next week.
Beginning on August 17, Bitstamp will add markets denominated in US dollars, euros and bitcoin for the ethereum-based digital currency. As part of the release, Bitstamp also revealed a new pricing structure for its markets, which unifies the fees it assesses among the exchange's trading pairs.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In an effort to promote the new markets, Bitstamp will waive trading fees for those pairs until October 1. It will continue to offer discounts through the end of the year.
Bitstamp is one of the last major cryptocurrency exchanges to list ether. In statements, the exchange indicated that it will add support for additional assets, framing the unified fee structure release as part of that process.
Founded in 2011, Bitstamp is one of the world's oldest bitcoin exchanges. According to data from CoinMarketCap, Bitstamp operates the third most voluminous exchange in US dollar terms, reporting about $43 million in trades over the past 24 hours.
The addition of ether comes amid new developments in that digital asset's market. As CoinDesk reported yesterday, ether prices crossed the $300 line for the first time in a month.
Ether markets have subsided somewhat since then, trading at roughly $294 at press time.
Image via Shutterstock
More For You
Exchange Review - March 2025
CoinDesk Data's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
What to know:
Trading activity softened in March as market uncertainty grew amid escalating tariff tensions between the U.S. and global trading partners. Centralized exchanges recorded their lowest combined trading volume since October, declining 6.24% to $6.79tn. This marked the third consecutive monthly decline across both market segments, with spot trading volume falling 14.1% to $1.98tn and derivatives trading slipping 2.56% to $4.81tn.
- Trading Volumes Decline for Third Consecutive Month: Combined spot and derivatives trading volume on centralized exchanges fell by 6.24% to $6.79tn in March 2025, reaching the lowest level since October. Both spot and derivatives markets recorded their third consecutive monthly decline, falling 14.1% and 2.56% to $1.98tn and $4.81tn respectively.
- Institutional Crypto Trading Volume on CME Falls 23.5%: In March, total derivatives trading volume on the CME exchange fell by 23.5% to $175bn, the lowest monthly volume since October 2024. CME's market share among derivatives exchanges dropped from 4.63% to 3.64%, suggesting declining institutional interest amid current macroeconomic conditions.
- Bybit Spot Market Share Slides in March: Spot trading volume on Bybit fell by 52.1% to $81.1bn in March, coinciding with decreased trading activity following the hack of the exchange's cold wallets in February. Bybit's spot market share dropped from 7.35% to 4.10%, its lowest since July 2023.
More For You
This article is created to test tags being added to image overlays
Dek: This article is created to test tags being added to image overlays
What to know:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
Top Stories
