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Compare Nairaex.com vs. Bitstamp.com

Pro:
  • Accepts bank transfers
  • Cryptocurrency options
  • Easy account creation
  • Good reputation
  • High volume and liquidity
  • Connections in the industry grant it additional legitimacy
  • Easy to use and quick
Contra:
  • Verification problems for non-Nigerian users
  • Nigerian focused website
  • Incomplete FAQ’s
  • High Trading Fees if you are trading lower volumes
  • More negative comments in the recent past
Company Location:
Company Location Nigeria
Company Location Luxembourg
Customer Support:
Customer Support Email
Customer Support 24/7 Live Chat
Futures:
Futures No
Futures No
Derivates:
Derivates No
Derivates No
Margin Trading:
Margin Trading No
Margin Trading No
Has been hacked:
Has been hacked No
Has been hacked Yes, in January 2015
Security:
Security Excellent
Security Very Good
Tradeable Coins:
Tradeable Coins BTC, ETH, LTC, BCH
Tradeable Coins Bitcoin, Ripple
Trading Volume:
Trading Volume High
Trading Volume Medium
Deposit Fees:
Deposit Fees N/A
Deposit Fees No
Trading Fees:
Trading Fees N/A
Trading Fees 0.5%-0.10%
Withdrawal Fees:
Withdrawal Fees N/A
Withdrawal Fees No
 
About Nairaex.com:
The cryptocurrency wave is clearly sweeping across the world! As a result, there are now hundreds of BTC exchange websites that have been operating and providing services to people that are in need. One of the websites that have been focusing on a specific market is Nairaex.com. The website is focused on the Nigerian market, […] Read Nairaex.com Review »
About Bitstamp.com:
Bistamp is one of the most reliable Bitcoin exchanges nowadays. The platform was founded as a European alternative to then-dominant cryptocurrency exchange Mt. Gox and provides secure and reliable service to their customers since 2011. The company was founded by Damijan Merlak and Nejc Kodrič in their native Slovenia, but in April of 2013 moved […] Read Bitstamp.com Review »