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Exchange Wars: Bitstamp Calms Users As Blockchain Takes On Coinbase


Bitstamp CEO Nejc Kodrič has sought to distance his platform from Coinbase’s technical problems as exchanges worldwide feel the strain of mass adoption. Bitstamp Prioritizes ‘Good Communication’ In a message to users Thursday, Kodrič sought to reassure traders that despite “lengthy delays” and “satisfaction levels plummeting,” Bitstamp would work to resolve capacity issues. “…The best […]

Bitstamp CEO Nejc Kodrič has sought to distance his platform from Coinbase’s technical problems as exchanges worldwide feel the strain of mass adoption.
Bitstamp Prioritizes ‘Good Communication’
In a message to users Thursday, Kodrič sought to reassure traders that despite “lengthy delays” and “satisfaction levels plummeting,” Bitstamp would work to resolve capacity issues.
“…The best way to attend to doubts and fears is by providing good communication and constant updates, which is why I want to address you directly to explain why these delays are happening and how we will overcome them,” he stated.

The update comes as turbulent times continue for legacy cryptocurrency exchanges. An influx of new users has resulted in almost a year of stress and underperformance for Coinbase in particular, with Kodrič visibly keen to avoid analogies with the struggling US exchange giant.
“…Despite all the difficulties we have encountered, we are proud to have maintained an almost flawless level of platform uptime and availability since demand began to surge,” he continued, thanking customers for their “continued patience.”
Blockchain To Provide US Crypto Exchange
Criticism has inundated Coinbase due to …

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