As you may have heard, we recently listed Blockport’s own utility token (BPT) on our platform. You can read all about the token listing here.
This marks a huge roadmap-milestone for the Blockport team, community, and platform. It also keeps us on track with our planned development roadmap, which you can find here.
Now that the Blockport Token (BPT) is live on our platform, it’s time for us to start implementing its various features and use cases. BPT serves various functionalities on our platform, which will be developed and rolled out over the upcoming months. Read more about BPT’s functions here.
The first utility that we’ll be launching? Using the Blockport Token to provide our users with discounted trading fees on the platform. This is one of BPT’s core utilities that we originally envisioned in our whitepaper, and we’re really excited to bring it to life.
How does the trading fee discount work?
As of now, all Blockport users that hold 2.500 BPT or more in their portfolios will receive a 50% discount on all trading fees.
This means that when making use of the trading platform, whether it’s to buy or sell any cryptocurrency that’s currently listed, you’ll only be paying 0.15%, instead of 0.3%. This makes Blockport one of the most competitively-priced exchanges in the market, next to being the most user-friendly.
Many of our community members already have 2.500 or more Blockport Tokens in their portfolios. For these users, the discount will kick off automatically, and the only action required is that they have more than 2.500 BPT in their portfolio when making trades.
If you don’t have the necessary 2.500 BPT in your portfolio yet, don’t worry. We’re not excluding this promotion only to those who already have the necessary amounts in their portfolio. To benefit from the 50% trading fee discount, you can simply buy the necessary amount of BPT from within your Blockport dashboard.
Is there a limit?
No, you’ll be able to trade as much as you normally would, and benefit from a 50% discount on all trading fees.
As this is one of BPT’s core utilities, we will be keeping this feature on our platform, continuously improving it as we move forward. However, the percentage value of the discount may change in the future. The high discount value of 50% serves as a gesture of appreciation to Blockport’s early users and dedicated community members who have patiently supported us through our recent development phase.
For now, we cannot confirm for exactly how long the discount will remain at 50%, as this depends on many variables. In looking ahead, however, the structure of the trading fee discount will change, adopting a more dynamic structure based on how many Blockport Tokens users hold. To gain maximum value from the 50% discount, Blockport users should start leveraging it as soon as possible.
Don’t have a Blockport account yet?
Signing up takes only a few minutes, and you can start trading with as little as 10 Euros.
Get started here.