Blockport Decentralized Crypto Exchange to Implement Bitfinex as Second “External Exchange”

Blockport To Implement Bitfinex As Second “External Exchange”

Cryptocurrency exchange-based on hybrid architecture, Blockport took to its social media platform to disclose its partnership with cryptocurrency trading platform, Bitfinex. The announcement made on Tuesday, August 14, read “Blockport to integrate Bitfinex”.

According to the Blockport blog, Bitfinex is their second integration as a second external exchange, making BitStamp their first. The team further made the case for the need of external exchanges are to increase liquidity while ensuring investors are getting ideal price deals during their trading experience.

The partnership also means that Bitfinex’s 90+ cryptocurrencies can potentially be found on the Blockport platform, adding that time is needed to assess the legal and regulatory framework along with marketing strategies.

Deposit Limit Has Officially Gone Up!

In addition to the partnership’s ability to increase liquidity, Blockport also shared that its monthly deposits will no longer be 2.500 EUR per person, but rather 50.000 EUR per person. This will only be made available when the Bitfinex platform is completely integrated.

Future Plans

Besides the Bitfinex integration, Blockport shared that it will be undergoing other projects as well. Some of which include enhancing existing products in a way that increases usability and functionality, developing their ‘social trading features’, fiat withdrawals, credit card deposits, and pairing of their native token against EUR, to name a few.

To learn more on what Blockport has in store for its users, go to: https://blockport.io/roadmap