With the emergence of cryptocurrencies as a global phenomenon over the past several years, with certain currencies like Bitcoin achieving phenomenal success, many people have become inquisitive around digital currencies. This follows with a dramatic rise of people who are interested in cryptocurrency trading, whether for the sake of active or passive income generation, or even just out of curiosity.
A problem that persists, however, is that the cryptocurrency space is perceived as an intricate and complex system, especially to non-technical people or those without financial and trading knowledge.
To resolve this difficulty, Blockport has built a highly intuitive, user-friendly crypto exchange that empowers both amateur and experienced crypto enthusiasts alike to easily buy and sell various cryptocurrencies.
WHAT IS BLOCKPORT?
Blockport is a hybrid-decentralized exchange with a strong focused on user-friendliness, social trading features and creating a knowledge-sharing community. Their aim is to promote an end-to-end trading platform that addresses the current problems by efficiently connecting proven technological, social and crypto industry concepts to generate an entirely new crypto trading experience. It can be accessed everywhere on mobile or desktop with the same user-friendly interface. Blockport is the most convenient platform built for beginners and experienced traders. It aims to be a worldwide exchange offering its services to everyone, and it is available in 39 countries.
Blockport is not the regular cryptocurrency trading platform and it’s different from other crypto markets in the sense that it aims to tackle the major pain points of mass adoption by bridging the high-tech world of blockchain and crypto, with the “real” world of everyday people.
Blockport has 3 main functions;
- Fiat Gateway (Buying and selling cryptocurrencies with Fiat)
- Exchange (Exchange or trade one coin for another)
- Social Trading (Learn and copy from other expert traders)
With Blockport’s social trading features, users can follow other traders by paying them a certain fee in Blockport Tokens (BPT). Traders can interact with others, watch others take trades, then duplicate their trades and learn what prompted the top performer to take a trade in the first place. By copying trades, traders can learn which strategies work and which do not work.
BLOCKPORT ADDS TRX/EUR TO ITS CRYPTOCURRENCY EXCHANGE
Netherlands-based crypto exchange, Blockport, added a TRX/EUR pair to its platform. The listing comes amid a busy period for Blockport, after listing both IOTA (MIOTA) and NEO (NEO).
According to Blockport’s announcement:The Blockport team is excited to officially be listing TRX (Tron) after just recently adding both IOTA and NEO to its list. By means of this listing, Blockport users will be able to buy and sell TRX, one of the world’s leading cryptocurrencies, through Blockport’s euro gateway.
BLOCKPORT LAUNCHES VULNERABILITY DISCLOSURE PROGRAM WITH BUG CROWD
Blockport announced that the company is working with Bugcrowd to maintain and continuously improve the security of its platform. Blockport, which has been running a private bug bounty program with Bugcrowd since earlier this year is now expanding the scope to include a vulnerability disclosure program. This move will provide Blockport with access to Bugcrowd’s global Crowd of security researchers and allow them to proactively be part of Blockport’s security posture.
In 2017, 2.6 billion records were stolen, lost or exposed worldwide, an 88% increase from 2016. To stem the growing tide of attacks, Vulnerability Disclosure Programs have quickly become a standard cybersecurity practice. Researchers can now submit vulnerabilities to Blockport which are then examined and validated by Bugcrowd and prioritized for Blockport to address in subsequent releases. Bugcrowd also provides remediation advice on submitted vulnerabilities which has further differentiated the company in the market. Coordinating disclosure efforts through a formalized channel minimizes the likelihood of missing important vulnerabilities, cyber attacks and public disclosure incidents.
“Our long term goal is to grow into the most user-friendly and widely-used decentralized exchange,” said Zowie Langdon, CTO, Blockport. “The security of our users’ funds is something we take very seriously. We see it as our primary duty to empower everyone in our community to assist in keeping Blockport and its users secure. Combining our private bug bounty with a vulnerability disclosure program helps us fulfill this duty with unsurpassed coverage.”
Blockport is a community-focused platform. The increased awareness that a vulnerability disclosure program provides Blockport helps improve security both for Blockport and the industry at large. The program provides security researchers within the community a channel of communication to become directly involved with Blockport’s security, while simultaneously rewarding them for their involvement.
“Blockport stands apart not only for its focus on user security, but also on the entire industry,” said Ashish Gupta, CEO, Bugcrowd. “Having run a private bug bounty program since the launch of its private beta, Blockport has demonstrated a real commitment to security, during a time in which we’ve seen an increasing number of cyber attacks. Awareness is paramount to overcoming these threats and Blockport is leading the way in building this awareness with their vulnerability disclosure program.