Bitstamp's strengths are its fiat infrastructure and API depth. Spot fees start at 0.30% maker and 0.40% taker, the public API documentation is among the most detailed in the category, and real fiat pairs set it apart from most crypto-native exchanges. For API traders and users who move regularly between bank accounts and crypto markets, that combination still holds up. The trust picture has gaps. No public proof-of-reserves page exists, and support is the platform's clearest weak spot. Complaints about frozen accounts, delayed withdrawals, and slow escalations appear consistently. Robinhood completed the acquisition in June 2025, but the product still runs with the same operational DNA. Use Bitstamp if you want a mature fiat bridge, detailed API documentation, and a regulated exchange with a long track record. Skip it if you need proof of reserves, a wide retail feature set, or fast support resolution.