How and Where to Buy Blockport (BPT) – Detailed Guide

What is BPT?

What Is BUX Token (BUX)?

BUX Token is the native utility token of BUX, a Netherlands-based cryptocurrency exchange. On BUX, investors can buy more than 20 different cryptocurrencies and do so commission-free by owning the BUX Token. BUX promises to simplify purchasing cryptocurrencies and do away with the complexity of switching wallets and interfaces. The exchange promises high safety standards and vows to be continuously tested by safety experts, as well as keeping up with the latest developments in the cryptocurrency space. BUX focuses almost exclusively on the European market and is available in the following countries only:

  • Austria

  • Belgium

  • Cyprus

  • Denmark

  • Finland

  • France

  • Germany

  • Gibraltar

  • Greece

  • Iceland

  • Ireland

  • Italy

  • Liechtenstein

  • Luxembourg

  • Monaco

  • Netherlands

  • Norway

  • Poland

  • Portugal

  • Spain

  • St Kitts and Nevis

  • Sweden

  • Switzerland

  • United Kingdom

Who Are the Founders of BUX Token?

BUX Token is part of BUX, itself a European neo-broker similar to Robinhood in the United States. It was founded in 2014 by Yorick Naeff, a Dutch entrepreneur and fintech expert who had previously worked at ING. BUX has over 600,000 clients across different countries in Europe and has raised more than $100M in funding. It currently employs around 200 people in three different office locations in Europe. Its cryptocurrency section is headed by Kai Bennink, who previously worked for IBM and was the founder of Blockport. This cryptocurrency application later merged with the BUX brand to form BUX Crypto.

What Makes BUX Token Unique?

BUX Crypto falls under the umbrella of the BUX brand and allows commission-free trading if users hold at least 1,000 BUX in the BUX Crypto portfolio. In that case, BUX is not deducted for trading with market orders, while limit orders incur a 0.25% commission. BUX offers a competitive withdrawal fee structure, with fees ranging from 0.0007 BTC to 0.005 ETH or 2€. Deposits on BUX are always free, with a minimum deposit threshold of 30€.

After BUX merged with Blockport, the Blockport Token BPT was renamed to the BUX Token BUX and migrated from Ethereum to Binance Smart Chain. BPT token holders had their BPT automatically swapped for BUX. BUX is constantly adding new coins to its exchange and currently offers the following cryptocurrencies and tokens for trading:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • BUX Token (BUX)
  • Stellar (XLM)
  • Ocean Protocol (OCEAN)
  • Chainlink (LINK)
  • OMG Network (OMG)
  • Kyber (KNC)
  • Compound (COMP)
  • Maker (MKR)
  • Curve (CRV)
  • Basic Attention Token (BAT)
  • Uniswap (UNI)
  • Yearn.Finance (YFI)
  • Dogecoin (DOGE)
  • Cardano (ADA)
  • Aave (AAVE)
  • Polkadot (DOT)
  • Cosmos (ATOM)
  • Polygon (MATIC)
  • Solana (SOL)
  • Polkadot (POL)
  • Filecoin (FIL)
  • USD Coin (USDC)
  • Orion Protocol (ORN)
  • The Graph (GRT)

Related Pages:

Check out Kucoin (KCS) — a popular cryptocurrency exchange.

Check out FTX (FTT) — another popular exchange.

Read our article about crypto debit cards.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many BUX Token (BUX) Coins Are There in Circulation?

BUX Token is the utility token of the BUX exchange. The maximum supply of BUX is 76.384 million with a circulating supply of 57.9 million BUX. Unlike cryptocurrencies that can be used independently for trading and outside of their native environment, BUX is a token, meaning it creates an internal economic system within the BUX Crypto platform. It plays an integral role in the platform’s ecosystem as users can hold a minimum of 1,000 BUX to trade commission-free on the BUX exchange. Currently, BUX is limited to buying 5,000 BUX per trade to reduce the amount of slippage incurred due to poor market liquidity.

How Is the BUX Token Network Secured?

User funds on BUX are held by Stichting Custodian BUX is an omnibus account, whereby the custodian acts as the legal owner of the funds. The assets are legally segregated and thereby protected from the insolvency of the BUX company. Furthermore, BUX requires all users to set up two-factor authentication when using its platform to protect themselves from hackers.

BUX is a BEP-20 token on Binance Smart Chain (BSC). BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.

Can BUX Token Hit $1?

BUX Token is a representation of the BUX Crypto exchange and thus largely dependent on how many customers the exchange can acquire. It has previously traded at an all-time high of above $0.70, making a valuation of $1 a fairly realistic target.

Where Can You Buy BUX Token (BUX)?

GHX is available on KuCoin, PancakeSwap (V2) and PancakeSwap.

If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.

BPT was first tradable on 24th Jan, 2018. It has a total supply of 69,434,799.6,292,112. As of right now BPT has a market capitalization of USD $unknown. The current price of BPT is $0.0399 and is ranked 895 on Coinmarketcap and has recently surged 34.29 percent at the time of writing.

BPT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy BPT.

Step 1: Register on Fiat-to-Crypto Exchange

You will have to first buy one of the major cryptocurrencies, in this case, Bitcoin (BTC). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.

uphold

Suitable for US traders

Select Fiat-to-Crypto Exchange for details:

Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:

  • Easy to buy and trade among multiple assets, more than 50 and still adding
  • Currently more than 7M users worldwide
  • You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
  • Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
  • No hidden fees and any other account fees
  • There are limited buy/sell orders for more advanced users
  • You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
  • USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Show Details Steps ▾

Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.

You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.

Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.

Step 2: Buy BTC with fiat money

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.

Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose Bitcoin, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.

Step 3: Transfer BTC to an Altcoin Exchange

But we are not done yet, since BPT is an altcoin we need to transfer our BTC to an exchange that BPT can be traded, here we will use KuCoin as our exchange. KuCoin is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.

KuCoin is a cryptocurrency exchange based in the Seychelles (previously Hong Kong). Launched in September 2017, KuCoin claims to have 5 million users from over 200 countries and regions. Often known as the People’s Exchange, KuCoin now offers crypto-related services like crypto-to-crypto, fiat-to-crypto, futures trading, staking, lending and so forth. The exchange has one of the world’s most impressive trading pair selections, with more than 250 supported coins and 440 trading pairs. KuCoin was backed by two giant traditional venture capitals when launching - IDG Capital and Matrix Partners. The exchange also announced a USD 20 million round A funding from them at the end of 2018.US-investors are not listed as prohibited from trading. If you are a US-investor, however, you should still always analyse yourself whether your home state imposes any obstacles for your foreign cryptocurrency trading.

After going through a similar process as we've done before with UpHold, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Step 4: Deposit BTC to exchange

Depends on the policies of the exchange you might be required to go through another KYC process, this should usually take you from 30 minutes to possibly a few days maximum. Though the process should be straight-forward and easy to follow. Once you're done with it you should have full access to your exchange wallet.

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying 'BTC address', this is a unique public address of your BTC wallet at KuCoin and you can receive BTC by giving this address to the person to send you the funds. Since we are now transferring our previously bought BTC on UpHold to this wallet, click on 'Copy Address' or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to UpHold, go to the Transact screen and click on BTC on the "From" field, choose the amount you wan to send and on the "To" field choose BTC under "Crypto Network", then click "Preview withdraw".

On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

After reviewing, click 'Confirm' to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to KuCoin!

Now go back to KuCoin and head to your exchange wallets, don't worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.

You should receive a confirmation notification from KuCoin once your BTC has arrived. And you are now finally ready to purchase BPT!

Step 5: Trade BPT

Go back to KuCoin, then go to 'Exchange'. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.

In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "BPT", you should see BPT/BTC, select that pair and you should see a price chart of BPT/BTC in the middle of the page.

Below there is a box with a green button that says "Buy BPT", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy BPT". Voila! You have finally bought BPT!

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once BPT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Gate.io

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.

BitMart

BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.

Last Step: Store BPT securely in hardware wallets

Ledger Nano S

Ledger Nano S

  • Easy to set up and friendly interface
  • Can be used on desktops and laptops
  • Lightweight and Portable
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price
Ledger Nano X

Ledger Nano X

  • More powerful secure element chip (ST33) than Ledger Nano S
  • Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
  • Lightweight and Portable with built-in rechargeable battery
  • Larger screen
  • More storage space than Ledger Nano S
  • Support most blockchains and wide range of (ERC-20/BEP-20) tokens
  • Multiple languages available
  • Built by a well-established company found in 2014 with great chip security
  • Affordable price

If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your BPT for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.

Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.

Other useful tools for trading BPT

Encrypted Secure Connection

NordVPN

Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).

Surfshark

Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!

Atlas VPN

IT nomads created Atlas VPN after seeing a lack of top-notch service within the free VPNs field. Atlas VPN was designed for everyone to have free access to unrestricted content without any strings attached. Atlas VPN set out to be the first trustworthy free VPN armed with top-notch technology. Furthermore, even though Atlas VPN is the new kid on the block, their blog team’s reports have been covered by well-known outlets such as Forbes, Fox News, Washington Post, TechRadar and many others. Below are some of the feature highlights:

  • Strong encryption
  • Tracker blocker feature blocks dangerous websites, stops third-party cookies from tracking your browsing habits and prevents behavioural advertising.
  • Data Breach Monitor finds out whether your personal data is safe.
  • SafeSwap servers allow you to have many rotating IP addresses by connecting to a single server
  • Best prices on the VPN market (only $1.39/month!!)
  • No-log policy to keep your privacy safe
  • Automatic Kill Switch to block your device or apps from accessing the internet if the connection fails
  • Unlimited simultaneous connections.
  • P2P support

Frequently Asked Questions

Can I buy BPT with cash?

There is no direct way to buy BPT with cash. However, you can use marketplaces such as LocalBitcoins to first purchase BTC, and finish the rest of the steps by transferring your BTC to respective AltCoin exchanges.

LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.

Are there any quick ways to buy BPT in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.

Are there any alternative platforms to buy BPT or Bitcoin with credit cards?

Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

Read more on Blockport's fundamentals and current price here.

BPT Price Prediction and Price Movement

BPT has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that BPT's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if BPT is backed by a solid development team and whether BPT's technology has any potential to grow.

Please note that this analysis is purely base on BPT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.

This article was first seen on cryptobuying.tips, for more original and up-to-date crypto buying guides, visit WWW Dot Crypto Buying Tips Dot Com

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