Blockport review

Blockport review

Blockport.io is a Dutch cryptocurrency exchange with a very professional appearance. Although it looks like an international platform, the company is based in Amsterdam. Blockport would like to conquer the international market as the first social cryptocurrency exchange. Fun fact about this company is that it is funded through an ICO. The target of 15,000 ETH has been amply achieved and investors received BPT tokens in exchange. This company is a good example of how ICOs are not always a scam. Blockport is not simply a broker as we know it in the Netherlands, they go further than just buying cryptocurrency easily. In this Blockport review we look at the platform, we investigate its reliability and we give a final judgment. On this page you also have the opportunity to leave your own experience via our rating system.

Blockport has unfortunately filed for bankruptcy on May 21, 2019, after a failed Security Token Offering.

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Blockport

Properties

Review Blockport.io

Free € 10 BPT tokens

Extremely low fee of 0.30% for every trade

Through us free € 10 BPT tokens after trading of at least € 100

50% discount on fees at 2500 BPT

User-friendly portal and no technical knowledge required

Dutch company from Amsterdam

Start blockport easily in 5 steps 

Do you want to use the platform? Then with our step-by-step plan you can easily register, verify and then buy cryptocurrency.

  1. Register at https://blockport.io/ and create an account
  2. Verify your account by uploading your ID via the application
  3. The application also asks for a short video with a simple instruction
  4. Verify your bank by depositing money via iDEAL, SOFORT or bank transfer (free)
  5. Buy your favorite cryptocurrency

Verifying your account is an automated process and performing the above steps is less than 5 minutes.

Blockport review video

Register a free Blockport account now

 

Buy and sell cryptocurrency at Blockport for a fee of only 0.30%

Blockport PortalAt Blockport you can easily buy cryptocurrency with easy payment methods, such as iDEAL and bank transfer. You do this by first depositing credit in your account. Depositing euros is completely free and if you choose iDEAL it will be processed immediately. Keep in mind that this amount may be a minimum of € 10 and a maximum of € 10,000. You can then purchase cryptocurrency with the credit in your account. Currently, Blockport offers 14 different cryptocurrencies, but this will be greatly expanded in the future.

The sales process is almost the same as the purchase process. Via the sales tab you can easily exchange the chosen currency for euros. You can then have all the credit in euros paid out to your bank account. This must be the same account that you used to verify your account. The personal data of the ID must also correspond to the chosen account. Paying out your credit costs € 2 per payout and may not exceed € 10,000 at a time.

It is striking that Blockport only charges 0.30% fee. This is both for buying or selling cryptocurrency, but also for exchanging different cryptocurrencies against each other (for example exchanging Bitcoin for Ethereum). We have not yet seen such low fees at a Dutch crypto company. For example, buying Bitcoin is made very interesting at this company. Other suppliers usually charge around 1% fee.

50% discount on fees with the Blockport token

Did you know that you can even get an extra discount on your fees? Blockport has released its own BPT token during the ICO. This is an ERC-20 token that runs on the Ethereum network. Just like with Binance with the Binance Coin, at Blockport you can get a whopping 50% discount on the fees if you have 2500 BPT in your account. This means that you only pay 0.15% fee per trade and can easily deposit via iDEAL and withdraw via bank transfer. Certainly for traders who (daily) trade a lot, it is now a lot more interesting to ignore Binance and switch to Blockport..

Currently, 2500 BPT is worth about € 300. Should this company be a success, the Blockport token price also rise. By holding BPT tokens, you not only benefit from the discount, but you also invest in the business.

Blockport Review: Biggest Benefits and Future Plans

Blockport has a large budget left over from its ICO, and would like to invest this in the platform. In addition to building a user-friendly interface and an intuitive platform, this company wants to achieve more than just being a broker. The points below are on the roadmap or have already been implemented.

Collaborations with major exchanges for the lowest price

The platform uses major well-known exchanges such as Binance, KuCoin, Bitfinex and Bittrex. Where other brokers are only affiliated with 1 exchange, this company automatically searches all affiliated exchanges where a particular cryptocurrency is cheapest. That way, Blockport can always offer the lowest price for the lowest fee.

A social exchange based on scoial media

Via Blockport you can not only follow or talk to other traders, but you can also copy their trading activities. As a novice crypto trader, you can literally copy the trades of an experienced trader. That way you no longer have to delve into what to invest in. Copying trades costs BPT tokens, and sharing your trades earns BPT tokens. Of course, the platform can also be used to interact with your followers and, for example, share useful information. This means you no longer have to switch to platforms such as Twitter or Telegram.

You have your own private keys at Blockport under your own management

This is an important point. Did you know that with exchanges and brokers you are (often) not really the owner of your wallet? In general, these companies manage your private keys and can do everything with your credit. This is where the following saying comes from: “If You Don’t Own Your Keys, You Don’t Own Your Crypto”. This is arranged differently at Blockport. It is a hybrid decentralized platform, where everyone has their own private keys under their own management. So here you are really the owner of your cryptocurrency.

 

50% discount on fees at Blockport.io

 

Blockport reliable and Chamber of Commerce information

Blockport mobile appFact that makes this company funded through an ICO Blockport reliable in our opinion. The three Dutch founders are shown by name and photo on the website. These are:

In addition to the founders, (all) employees are also shown with first and last name on the website. For a complete overview, we have also requested the Chamber of Commerce extract from the Chamber of Commerce for a fee. Blockport B.V. registered with the Chamber of Commerce on 04-01-2018, and Blockport Holding B.V. as an officer. The holding company in turn has the following two holding companies as authorized director:

  • KK Bennink Holding B.V. (70443041), where Kai Bennink is the independently authorized driver
  • Lighter Holding B.V. (67520189), where Sebastiaan Lichter is the independently authorized driver

Both holding companies are independently competent for the parent holding company. The visiting address is located in Amsterdam: Danzigerbocht 45S, 1013 AM. 

Have you bought something from Blockport and would you like to share your experience? This can be done via the assessment form below.

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Contact details:

Blockport B.V.

Danziger bend 45S

1013 AM, Amsterdam

Chamber of Commerce number:

70541752

+31202441784

[email protected]

@blockportio

t.me/blockport

iDEAL and Bank transfer

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Product Range:

Bitcoin (BTC)

Litecoin (LTC)

Ethereum (ETH)

Monero (XMR)

Ripple (XRP)

Bitcoin Cash (BCH)

Stellar Lumens (XLM)

NEO (NEO)

Zcash (ZEC)

EOS

Tron

IOTA

Electroneum (ETN)

Blockport Token (BPT)

Limits:

Up to € 10,000 ID verification

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