Bitstamp: Terms of use

[Falx33]

Hello everyone,

was checking the TOU from Bitstamp and there you can find:

 

"The Service operated by Bitstamp also allows all registered users of the Service ("Members") to:

Transfer Bitcoins to other Members or other users of Bitcoin outside the Bitstamp site.

Use Bitcoins for purchasing goods.

Buy the Internet currency known as XRP.

Access and use the Ripple system."

 

i find it somehow odd that there is only "buy"....

what are your thoughts?

 

best regards,

falx

 

[RippleEvangelist]

I've used Bitstamp since 2013. Been buying and selling and transferring BTC, ETH and XRP between accounts and wallets and hardware wallets. No problems.

[velmet]

7 hours ago, Falx33 said:

Hello everyone,

was checking the TOU from Bitstamp and there you can find:

 

"The Service operated by Bitstamp also allows all registered users of the Service ("Members") to:

Transfer Bitcoins to other Members or other users of Bitcoin outside the Bitstamp site.

Use Bitcoins for purchasing goods.

Buy the Internet currency known as XRP.

Access and use the Ripple system."

 

i find it somehow odd that there is only "buy"....

what are your thoughts?

 

best regards,

falx

 

My guess it is a leftover from the old days way back when XRP was not really listed as trading pair on Bitstamp but they did have option to buy XRP with USD so that the bought amount was deposited straight to your Ripple address (they no longer have this feature). They had quite large markup on the price though when buying with this feature (as compare with buying on Ripple ledger).