Bitstamp to Add Support for GBP
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27 May
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Bitstamp cryptocurrency exchange has announced it will add support for the pound sterling next week.

According to an official announcement, all the exchange's fiat and cryptocurrencies will get an additional GBP pair, with zero trading fees through 1 September 2020, including USD, EUR and BTC.

The addition of the pound sterling will be implemented in four stages: transfer-only mode, post-only mode, limit-only mode and full trading.

GBP trading pairs will reportedly be available worldwide, except in certain US states.

Previously iHodl reported that a Canadian crypto investor Salim Satir filed a lawsuit with the High Court of England and Wales against the London exchanges Gatehub and Bitstamp.

Bitstamp Integrates Support for SegWit Bech32 Addresses

According to him, the platforms provided deliberately false information, because of which he incurred $4.9 million in losses.

In March, the UK Financial Supervisory Authority (FCA) notified investors that the BitMEX cryptocurrency exchange did not receive a license to operate in the country and could potentially conduct fraudulent activities.

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