Blockport, a European cryptocurrency trading platform, is coming out of beta and into full launch to offer trading with social sharing and bank connectivity.

Blockport claims to have had paying-user conversion rates that are four to five times higher than those of Coinbase in the time since the beta launch in August 2018.

As expected, the firm says that user funds will be stored on the blockchain and most leading cryptocurrencies and tokens will be available for trading. Blockport currently has 20 employees.

“The feedback we’ve received from our community thus far has been overwhelmingly positive,” comments Sebastiaan Lichter, co-founder and chief product at Blockport.

In celebration of its full launch, Blockport has announced a promotional rewards programme in which it will give €10 worth of Blockport tokens to new users once they make €100 in trades through the app, and existing users by bringing users through Blockport’s referral programme.

Blockport has also integrated with mobile banking app Bunq to enable fiat deposits to exchange accounts.

Though it may sound similar, the firm is not Blockspring, the data analysis firm acquired by cryptocurrency trading platform Coinbase this week.

Source