Bitstamp is a cryptocurrency exchange that provides a platform for trading various digital assets. This article will explore several alternatives to Bitstamp, offering insights into their features and benefits for traders seeking different options.
Reviews
Users have shared a mix of positive and negative feedback about Bitstamp. Many appreciate its user-friendly interface and reliable customer support, which have been helpful for both novice and experienced traders. However, some users have found the platform's transaction fees and occasional delays in processing withdrawals frustrating. Overall, while Bitstamp is praised for its security and ease of use, there are areas where users feel improvements are needed.
- "The interface is intuitive and easy to navigate, making trading a breeze." - John D.
- "High transaction fees and slow withdrawal times are a major drawback." - Sarah K.
For more detailed reviews, visit the Bitstamp Reviews 2024 page on G2.
Best alternatives to Bitstamp
1. OneSafe
OneSafe is a financial technology company offering a comprehensive financial platform designed for startups and businesses operating in both fiat and cryptocurrencies. It provides a blend of traditional and Web3 financial services, including global payments, corporate cards, and seamless currency conversions.
- All-in-one platform, simple onboarding, global payments, corporate cards, multi-currency support, global accounts, seamless payments, state-of-the-art security.
- Account opening: Free, Minimum balance: $0, Monthly fees: None, Corporate cards: Included, Invoices: Included, Sending + Receiving US Domestic Payments: 0.1% fee, Sending + Receiving SEPA Payments: 0.2% fee, International Wires: 0.2% fee + $25 Swift, Fedwire: $20, FX fee on Corporate cards: 1%, USDT Transactions: 0.1% fee, Fiat <-> Crypto Conversion: Included.
- Users praise OneSafe for its exceptional customer support and seamless financial solutions. Testimonials highlight its efficiency in managing payroll and expenses, making it an essential tool for Web3 organizations. For more details, visit the OneSafe website.
2. Currensea
Currensea is a travel debit card that links directly to your existing UK bank account, allowing you to spend abroad without incurring high FX fees. It offers real-time exchange rates, instant spend notifications, and various security features. The card is available in three plans: Essential (free), Premium (£25/year), and Elite (£120/year), each offering different levels of benefits.
- Features: Direct link to existing bank account, no hidden fees, real-time exchange rates, instant spend notifications, Mastercard purchase protection, ability to freeze the card, two-factor authentication, spend limits, environmental initiatives, expert endorsements.
- Pricing: Essential Plan - Subscription-free, 0.5% FX rate on spending abroad, 0.5% FX rate on money transfers, 0.5% FX rate on ATM withdrawals with a 2% rate over £500 per month. Premium Plan - £25 per year, 0% FX rate on spending abroad, 0.5% FX rate on money transfers, fee-free ATM withdrawals with a 1% rate over £500 per month. Elite Plan - £120 per year, 0% FX rate on spending abroad, 0.5% FX rate on money transfers, fee-free ATM withdrawals with a 1% rate over £750 per month.
- Testimonials: Users generally praise Currensea for its ease of use and cost savings. One user noted, "It was easy to apply for a Currensea card, and it arrived quickly. Setting it up was also simple and it has been working perfectly abroad." Another user mentioned, "Only one time the system did not work but we had some cash for the small amount of the payment (USD). Definitely recommend Currensea." For more reviews, visit the Currensea page on Trustpilot.
3. Anna Money
ANNA Money offers a business account service in the UK that can be set up in less than 10 minutes. It includes a unique business debit card, virtual cards, and various financial tools to manage payments, expenses, and savings. The service is designed for freelancers, small businesses, and creative professionals, providing features like instant payment notifications, direct debits, standing orders, and cashback credit cards. ANNA also integrates with Apple Pay and Google Pay for secure transactions and offers special deals from partner companies.
- Quick account setup (less than 10 minutes), business debit card that "miaows," immediate issuance of virtual business debit cards, personal payment webpage and link, cash deposits at PayPoints, exclusive partner offers, integration with Apple Pay and Google Pay, no employee reimbursements with automatic expense sorting, money-saving pots for various expenses, instant payment notifications, free direct debits and scheduled payments, up to 40% cashback on business credit card, flexible small business loans, Open Banking integration for comprehensive financial management.
- The pricing plans start at £0 per month. Users only pay for the services they use. If the account is not used for a month, no monthly fee is charged for that month.
- Users generally praise ANNA Money for its excellent customer service and ease of use. One user noted, "I’ve been with ANNA for nearly 4 years now, and have recently just opened another company with them. Since then they have provided nothing but an excellent service, ensuring payments are received and handling any issues I have 24/7." However, some users have had negative experiences, such as one who mentioned, "Avoid at all costs!!! ANNA have held on to a very large amount of company money for weeks, they are uncontactable or helpful." For more reviews, visit the ANNA Money page on Trustpilot.
4. Wallester
Wallester Business offers a comprehensive platform for managing corporate expenses through virtual and physical cards. It provides real-time expense control, instant card issuance, and integration with financial management tools. The platform is designed to streamline financial processes, enhance budget management, and provide detailed reporting, all with no set-up or monthly fees.
- Features: Instant card issuance, real-time expense control, no fees, comprehensive API integration, multi-currency support, detailed reporting, award-winning platform.
- Pricing: Wallester offers a free package with 300 virtual cards and unlimited physical cards. For businesses needing more, the 3000 virtual cards package costs €199 per month, and the 15000 virtual cards package costs €999 per month. Custom solutions are available upon request.
- Testimonials: Users generally praise Wallester for its efficiency and support. One user noted, "Absolute number one for business card and global payroll system on line and on app. Super fast assistance in some channel whatsapp and telegram over email support." However, another user mentioned, "Bunch of scammers with terrible support. They will suspend your account and hold your money." For more reviews, visit the Wallester page on Trustpilot.
5. OneMoneyWay
OneMoneyWay is a digital platform that provides seamless global payments, secure transfers, virtual and physical payment cards, business accounts, card acquiring, and payment terminals. The platform is designed to support SMEs of all sizes and structures, offering services like international transfers with local IBAN accounts, FX services for 24+ currencies, and various payment methods including SWIFT, SEPA, US ACH, Faster Payments, and DKK Payments.
- Features: Fast onboarding, top-grade security, low monthly fee, integrated invoicing module, local IBAN accounts, corporate cards, 24/7 support.
- Pricing: Starter Plan - £49 per month (billed annually) for businesses with a maximum revenue of 100,000 GBP; Business Plan - £99 per month (billed annually) for businesses with a maximum revenue of 2,000,000 GBP; Enterprise Plan - custom pricing for businesses with unlimited revenue.
- Testimonials: Users generally praise OneMoneyWay for its supportive staff and efficient service. One user noted, "OMW really deserve 5 stars. Immediate reaction and support during the entire process." However, another user mentioned, "Verbally promised me that I could freeze the account, I was billed as soon as the account was created. Application was a mess." For more reviews, visit the OneMoneyWay page on Trustpilot.
6. Wise
Wise offers an international account that allows users to send, receive, and manage money in multiple currencies with low fees and no hidden charges. It provides a multi-currency account, international money transfers, and a debit card for spending abroad. Wise is regulated by the FCA and trusted by millions of customers worldwide.
- Features: Multi-currency account, low fees on international transfers, Wise debit card for spending and withdrawals worldwide, interest-earning accounts, business services for managing cash flow, advanced security measures, extensive coverage of currencies and countries.
- Pricing: Registering with Wise is free. Sending money incurs a fee starting from 0.29%, holding money in over 40 currencies is free, receiving local payments in specific currencies is free, receiving USD wire and Swift payments costs $6.11 USD per payment, and receiving CAD Swift payments costs 10 CAD per payment.
- Testimonials: Users generally praise Wise for its ease of use and low fees. One user noted, "You can set up and receive multiple currencies. I could use it as my card/debit card abroad. Easy for me to convert the USD funds I have to the currencies of the country I'm vacationing." However, another user mentioned, "Customer Support is the worst among all the products that I used, they're just incompetent. I used Wise for the past 3 years as Personal and Business Account. Privacy Issues - on top of their negligence, they by mistake sent me someone's reply, what a failure." For more reviews, visit the Wise Business page on G2.
7. Bunq
Bunq offers a streamlined business banking experience with a quick setup process that takes just 5 minutes. Users can try any plan for free for 30 days, needing only their phone and ID to get started. The service includes features like multiple bank accounts for effective budgeting, contactless payment options for both iPhone and Android, automation tools for bookkeeping and VAT, high-interest savings, and collaborative account management. Bunq also provides various plans with different pricing and benefits, including physical and virtual cards, local IBANs, and savings accounts.
- Unique Features: Quick setup in 5 minutes, 30-day free trial, up to 25 bank accounts, contactless payments, automation tools, high-interest rates, collaborative management, local IBANs, virtual and physical Mastercards, sustainability initiatives, web access, 24/7 support.
- Pricing: Easy Bank Pro XL: €23.99/month, Easy Bank Pro: €13.99/month, Easy Bank: €7.99/month, Easy Savings: Free, Easy Card: Free.
- Testimonials: Users generally praise Bunq for its innovative features and ease of use. One user noted, "Bunq knows how to make customers satisfied cuz they never stop adding new features and bonuses." However, another user mentioned, "The fact that Bunq’s customer service took a full six months to respond only further highlights how poorly organized Bunq must be." For more reviews, visit the Bunq page on Trustpilot.
8. RelayFi
RelayFi is an online business banking platform designed to provide small businesses with comprehensive control over their finances. It offers tools to manage earnings, spending, and savings efficiently, partnering with Thread Bank to deliver banking services.
- Unique Features: No account fees, overdraft fees, or minimum balances, up to 20 individual checking accounts and 2 savings accounts with competitive APY rates, physical and virtual cards, 1.5% cash back on Relay Visa Credit Card purchases, seamless integration with QuickBooks Online and Xero, receipt management, role-based permissions, up to $3M in FDIC insurance, Visa® Zero Liability Protection, Profit First banking, detailed transaction data, automated savings.
- Pricing: Relay offers a basic plan with no monthly fee, including essential business banking services like multiple checking accounts, debit/credit cards, ACH transfers, and ATM access. The Relay Pro plan starts at $30 per business per month, offering additional features like same-day ACH, free wire payments, and accounts payable management.
- Testimonials: Users generally praise RelayFi for its ease of use and excellent customer service. One user noted, "Relay Customer Service Excellence. Deanna Z. has been my contact and support. She was on top of the problem, emailed and called me back within minutes and helped resolved the problem." However, another user mentioned, "TERRIBLE! TERRIBLE! TERRIBLE! services. Took them 7 business days to clear initial ACH deposit to open account and the fund was indeed withdrawn very next day from originating bank." For more reviews, visit the RelayFi page on Trustpilot.
9. Reap
Reap offers financial solutions to help businesses achieve global financial goals by providing essential financial infrastructure. Their products and services enable businesses to thrive in a connected and borderless world.
- Features: Corporate credit card with flexible bill repayment options in fiat or digital currencies, payments to anyone using preferred currencies, launch your own card program with a plug-and-play package, advanced cross-border payouts with international payment rails (coming soon), PCI compliance, licensed and regulated with an MSO license in Hong Kong, sophisticated fraud prevention tools, secure sandbox testing, robust API documentation, rapid deployment, dedicated support.
- Pricing: Physical & virtual card: FREE, Annual fee: FREE, Monthly bill repayment with fiat currency: FREE (late fee may apply), Monthly bill repayment with stablecoins: 1.2% handling fee (late fee may apply), ATM withdrawal: 2%, FX fee: 2%, Available card currencies: USD, HKD, Collateral: 1:1 ratio, Mobile payment (Apple Pay / Google Pay): FREE, Mobile app: FREE, Issue your branded card via API: Contact Sales, Bank transfers with Reap Card: 1.8%, Bank transfers with stablecoins: 0.8%, Cross-border payment fee: 25 USD, Local payment fee: 0-5 USD, FX fee: Variable rate, T+1 day payouts: No extra fee, Payments via API: Contact Sales, Card-level spend controls: FREE, Team-level spend controls: FREE, Team members: Unlimited, Multi-entity management: FREE, Real-time spend analytics: FREE, Xero integration: FREE, Receipt collection: FREE, Receipt auto-matching: FREE.
- Testimonials: Users generally praise Reap for its user-friendly onboarding experience and helpful team. One user noted, "Reap had a very user-friendly onboarding experience. The team is friendly and helpful. The product (REAP card) is very easy to use and helps with our operations a lot." However, another user mentioned, "The only downside would be limitations in terms of setting categories. However, I discussed this with their product team and they are going to look into it. Very helpful!" For more reviews, visit the Reap Card page on G2.
10. VIALET
VIALET offers a Business Account that simplifies money management for businesses. The account can be applied for online and set up within 3 business days. It is designed to cater to businesses of all sizes, providing seamless banking and payment solutions, budget control, comprehensive transaction management, and enhanced reporting features.
- Unique Features: Online onboarding without branch visits or physical documents, remote ID verification and electronic signing, access to payment, money transfer, and account services across Europe, set and adjust monthly and annual spending limits, view and manage transaction history, expenses, transfers, and invoices in one place, detailed transaction history and downloadable statements for accounting and invoicing, quick and easy account setup, transparent pricing, high security standards (PSD2 compliant), personalized support from account managers, services tailored to both startups and global players.
- Pricing: VIALET offers transparent pricing, ensuring clear costs to free up resources for business success. Specific pricing details are not provided on the webpage; users may need to sign up or contact VIALET directly for detailed information.
- Testimonials: Users generally praise VIALET for its professional and welcoming service. One user noted, "Vialet is everything that it should be. They are professional, kind, and fast. Everyone there is so welcoming and they really make you feel like an important person." However, another user mentioned, "The ultimate scam. Should have received 3 wire transfers they never arrived, the days that I should have received the money the account was unavailable the day after was back working normally but with no money inside..stay away from them they will scam you." For more reviews, visit the VIALET page on Trustpilot.
Which one should you go with?
In conclusion, while each of these platforms offers unique features and benefits tailored to different business needs, OneSafe stands out for its comprehensive financial solutions and exceptional customer support. Whether you're a startup or an established business, OneSafe's blend of traditional and Web3 services, along with its seamless currency conversions and global payments, makes it a versatile choice. While any of these options could be a good fit depending on your specific requirements, we recommend OneSafe if you're looking for a reliable and innovative alternative to Bitstamp. Explore OneSafe and see how it can elevate your financial management.