When comparing Bitstamp vs Satoshi Tango, the Slant community recommends Bitstamp for most people. In the question“What are the best ways to buy/sell bitcoin?” Bitstamp is ranked 2nd while Satoshi Tango is ranked 12th. The most important reason people chose Bitstamp is:
Bitstamp is very economical if you live in Europe as they have free SEPA deposits.
Specs
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Pros
Pro Free SEPA deposits
Bitstamp is very economical if you live in Europe as they have free SEPA deposits.
Pro Very low transfer fees
For small transactions (< $500 USD) you're only charged 0.5%. This incrementally decreases to 0.2% for transfers over $150,000 USD.
Pro Lets you limit orders
On Bitstamp users can enter limit orders that stay open until they are either cancelled by the client or executed in the market.
Pro Supports multiple currencies
Bitstamp supports US dollars, British pounds, and Swiss francs.
Pro Offers prepaid debit cards
You can purchase physical or virtual prepaid debit cards through Bitstamp and load money into them directly from your Bitstamp account. There are currently three supported currencies: USD, EUR, and GBP. Note: this is currently unavailable to US citizens.
Pro Great support
Multiple threads on the Bitcoin sub-reddit praise Bitstamp for fast and helpful support.
Pro Great user interface
The interface and overall user experience of Bitstamp is fantastic. The design is clean, easy to use while also providing great features like the order book.
Pro Order book
The order book is a great feature because it’s where the exchange shows all the open orders it has from its clients.
The first part of the order book is a chart that represents all the orders organized by type (bid or offer), price, and volume. This is a very efficient way of looking at the market depth and also analyzing the open interest so you can decide how to set and manage your orders.
Pro Seriousness
Support staff conducts with seriousness and professionalism, and they are very watchful of regulations. They will be most likely operating for a long time. This is the biggest draw for people who want to declare their crypto for tax purposes in South America.
Pro It also allows you to pay your bills
You can pay your utility bills and recharge your prepaid phone using the site.
Pro You can buy multiple coins
You can buy BTC, ETH, LTC, XRP and BCH.
Cons
Con High fees for credit/debit card purchases
Bitstamp charges a flat 5% for all credit/debit card purchases, regardless of purchase amount.
Con Not so great for cryptocurrency beginners
Bitstamp is not the best platform for those unfamiliar with cryptocurrencies in general — the live trading platform and UI can get too overwhelming for beginners due to information overload.
Con They deal primarily in Argentine Pesos
Although you can load up using USD as well, there are very few options for transferring USD.
Con They are overzealous of regulations
Each time you make a money transfer, or fill your wallet using any of the methods available, they will ask you for confirmation pictures, receipts, etc. This is common the first time using most exchanges, but Satoshi Tango asks you to prove and verify EVERY TIME. Not fit to buy bitcoin on a rush.
Con Its trading section is VERY rudimentary
It doesn't even have charts.