I used Bitstamp when it was young. Verification was pain in the ass, but no other problems.
But later I read some bad reviews and don't like how Bitstamp is acting worse than a bank.
Search on the Internet for:
- Bitstamp new KYC. This is what it actually ment when they became "first nationally licensed BTC exchange"
- Bitstamp will not process withdrawal unless you prove the source of every coin you've ever traded on their exchange.
- Bitstamp wants to get to know me a bit more than I'm comfortable with
- Bitstamp asking intrusive questions before they allow any more USD wire withdrawals
Also I am worried that I will need another verification and it may cost me hundreds of dollars to prepare a recent certified/notarized copies of my company's documents.
well, that means to be financial licensed. you get verified and you can deal without any problem. it's the same with any online FOREX company.
remember, that they have to be sure that YOU are YOU and not someone else (same as the banks). in the end, it's MORE comfortable to deal with a financial licensed company than with a shit one like BTC-e(today is registered in UK and tomorrow in Cyprus and after tomorrow in Russia)
