Bitstamp launches GBP trading, deposits and withdrawals opening soon

Popular cryptocurrency exchange, Bitstamp has announced that they are launching GBP trading with zero fees for the first three months. Deposits and withdrawals will be opened on Monday, June 1st 2020.

Bitstamp GBP

This will include XRP / GBP trading pair amongst others that include USD, EUR, Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash.

On 1st of June 2020, trading will not be enabled but withdrawals and deposits will go live. On 3rd June UTC time, one will be able to place and cancel limit orders but they will not be matched. This means that no orders will be completed at this stage.

After that at 9AM UTC on the very same day, order matching will start and trades will be executed. Full trading will go live once order books have sufficient liquidity.

Card purchases for the new trading pairs will also go live on the very same day. These trading pairs, USD, EUR, Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash, will be available to everyone inside and outside UK except United States.

From 1st June 2020 to 1st September 2020, you will not have to pay a single dime while trading with GBP pair. Zero trading fees.