Secure and Easy Trading: Stellar GYEN and ZUSD Now on Bitstamp

GMO-Z.com Trust Company
GMO-Z.com Trust Company
3 min readJun 14, 2024

Our stablecoins GYEN and ZUSD are now available on Bitstamp, providing users worldwide with greater flexibility in trading on the Stellar blockchain. With this listing, users can effortlessly convert between USD and GYEN or ZUSD. This article delves into the benefits of this integration and highlights why Bitstamp is a top-tier choice among centralized exchanges.

Trade GYEN and ZUSD on Bitstamp: https://www.bitstamp.net/

What is Bitstamp?

Founded in 2011, Bitstamp is renowned for its focus on security, trust, and regulatory compliance. With over 50 active licenses and registrations globally, Bitstamp offers a wide range of services, including spot trading, staking, and lending, with more than 85 assets available for trading. In May 2024, it was recognized by Forbes as one of the top regulated exchanges worldwide, underscoring its commitment to providing a safe and reliable trading environment. The integration of reliability, security, and regulatory compliance has earned Bitstamp the trust of both retail and institutional users.

Bitstamp’s Features

Bitstamp offers a comprehensive range of features catering to both novice and experienced traders such as:

Reliable Order Execution: Users can place orders on GYEN/USD and ZUSD/USD on the Stellar blockchain with limit orders, which ensures the trade is executed at the specified price, and facilitates better control over trading strategies.

Security and Compliance: Bitstamp prioritizes the safety of user assets with industry-leading security measures. Over 95% of cryptocurrencies are stored offline in bank-grade Class III vaults, and all customer funds are fully backed and available for withdrawal at any time. The exchange undergoes regular audits by a Big Four accounting firm to ensure financial transparency and regulatory compliance.

More Features: Bitstamp offers a user-friendly interface with a clean and intuitive layout, suitable for beginners. For experienced traders, the advanced Tradeview platform provides sophisticated charting tools, real-time order books, and advanced trading forms. The exchange also supports various cryptocurrencies and trading pairs with fiat currencies such as USD, EUR, and GBP.

Trading Safety Tips

When trading on exchanges, users should take precautions to protect their assets and personal information. Here are some essential anti-fraud security tips:

Avoid Phishing Sites: Be cautious of phishing attempts and avoid clicking on suspicious links. Always verify the URL before entering any personal information.

Verify Credibility: Check the credibility of sources and double-check any information before making decisions. Beware of advertisements promising high returns or deals that seem too good to be true.

Check Compliance and Licenses: Ensure the platform and its services are properly licensed and regulated.

Diversify Exposure: Spread investments across different assets to minimize risk, and avoid concentrating exposure in single or limited assets.

Conclusion

The listing of Stellar GYEN and Stellar ZUSD on Bitstamp offers a new level of flexibility and utility for users looking to trade these stablecoins with USD. Bitstamp’s robust security measures, regulatory compliance, and user-friendly platform make it an ideal choice for both new and experienced traders.

To start trading GYEN and ZUSD on Bitstamp, visit: https://www.bitstamp.net/

Disclaimer

1. Please note that currently GYEN and ZUSD will not be provided to residents in the EU and certain other regions. For detailed information on service availability, please refer to Bitstamp’s official website.

2. This content is not financial advice and it is not a recommendation to buy or sell any financial instruments, FX trading, cryptocurrency or engage in any trading or other activities. You must not rely on this content for any financial decisions. Acquiring, trading, and otherwise transacting with financial instruments or cryptocurrency involves significant risks.

We strongly advise our readers to conduct their own independent research before engaging in any such activities. GMO Trust does not guarantee or imply that any cryptocurrency or activity described in this content is available or legal in any specific reader’s location. It is the reader’s responsibility to know the applicable laws in their country.

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GMO-Z.com Trust Company
GMO-Z.com Trust Company

Connecting traditional finance and blockchain technology for everyone. We issue GYEN, the first regulated JPY stablecoin, and ZUSD, our trusted USD stablecoin.