Blockport enables ETH and BPT deposits

Blockport enables ETH and BPT deposits

Our team is excited to announce that Blockport users are now able to deposit ETH and BPT directly from other cryptocurrency wallets into their Blockport accounts.

The beginning of ERC20 capability

ERC20 tokens are cryptocurrencies programmed within the Ethereum blockchain network.

With the first iteration of ERC20 deposits now complete, users can deposit Ethereum (ETH) and Blockport Tokens (BPT) directly into their Blockport accounts.  

Over the coming months, a variety of other ERC20 tokens will be added to the platform.

BPT, where it belongs

Up until now, new Blockport users could only purchase Blockport tokens (BPT) on our platform, or on certain other exchanges.

As of today, BPT holders are able to deposit their tokens from other exchanges directly into their Blockport accounts.

This means that BPT holders can make full use of the tokens’ current and future utilities. At present, this entails holding BPT to gain access to discounted trading fees within the trading dashboard.

In future, BPT will be used for social trading features – rewarding advanced traders for sharing their knowledge and portfolios on the platform.

Blockport’s internal exchange: A step in the right direction

With ERC20 deposits enabled, our product team has completed an important prerequisite for building Blockport’s internal exchange.

See a more detailed overview of our product development roadmap.

About Blockport

Blockport is launching its first equity-based fundraising round through a Security Token Offering (STO), launching on the 31st of March 2019.

Learn more about the Blockport STO

Blockport is an Amsterdam-based, fiat-to-cryptocurrency trading platform that strongly focuses on usability and social trading features to provide a secure, efficient and enjoyable experience to its users.

The Blockport platform is connected to external exchanges and aggregates liquidity through its smart-order-routing system to automatically offer the best prices to its users.

In the coming year, Blockport is building on a hybrid-decentralized architecture that allows users to trade with high performance, whilst safely storing their funds on a blockchain wallet, meaning they own their private keys.

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