Bitcoin, Ethereum, Crypto News

The most recent news about crypto industry at Prosper. Latest news about Bitcoin, Ethereum, Blockchain, Mining, Cryptocurrency prices and more.

Impact of the Binance Rejection by the Dutch Central Bank on Cryptocurrency Trading in The Netherlands

Discover the implications of Binance's recent rejection by the Dutch Central Bank and its impact on cryptocurrency trading in the Netherlands. Explore the changing landscape and find secure alternatives to continue your crypto journey with confidence.

by Prosper

Scaling Prosper's Compliance Processes with Comply Advantage: A Case Study

As the world of digital currencies continues to grow, so does the need for secure and compliant payment solutions. At Prosper, we specialize in providing a crypto to fiat payment solution that ensures our clients are able to conduct transactions with ease and peace of mind.

by Prosper

Case Study: Prosper's Collaboration with Chainalysis

Prosper, a leading provider of crypto-to-fiat payments solutions, recently had the opportunity to work with Chainalysis, a blockchain intelligence platform that provides data and analytics to government agencies, exchanges, and financial institutions. This case study will highlight the collaboration between Prosper and Chainalysis and how it helped Prosper strengthen its compliance program.

by Prosper

Prosper: Redefining Cryptocurrency Trading and Payment Solutions

Prosper is transforming the world of financial technology by delivering secure and reliable cryptocurrency trading and payment solutions. Its Exchange platform offers industry-low fees and convenience in transactions, while its Payment and Institutional services provide comprehensive, tailor-made solutions for both individuals and businesses." And here's a translation in Dutch

by Prosper

How Prosper Uses AI-powered Identity Verification to Ensure Secure Transactions with Veriff

Prosper is a crypto to fiat payments solution provider that empowers businesses and individuals to send and receive payments in multiple currencies. With the rise of digital currencies, the demand for reliable and secure payment solutions has increased exponentially. However, security remains a major concern for many businesses and individuals who want to ensure that their transactions are safe and secure. To address this issue, Prosper partnered with Veriff, an online identity verification service, to provide its customers with a secure and seamless payment experience.

by Prosper

Working with Bitstamp: A Prosper Case Study for Institutional Clients

Prosper is a financial technology company that offers a crypto-to-fiat payments solution, with a particular focus on serving institutional clients. Bitstamp is one of the largest and most reputable cryptocurrency exchanges in the world. In this case study, we will discuss our experience working with Bitstamp from an institutional perspective, including how we integrated their platform with our own and the benefits that this partnership has brought to our business and our clients.

by Prosper

Prosper successfully acquires crypto license from De Nederlandsche Bank

As the world becomes increasingly digital, the use of cryptocurrencies is becoming more widespread. However, with the rise of cryptocurrencies comes the need for regulation, and one regulatory body that has been particularly proactive in this regard is the Dutch National Bank (DNB).

by Prosper

Faq

Frequently asked questions

How do I create an account?

Sign up for a Free Prosper account in less than 10 seconds. No passport verification needed:

  1. Go to Create Account

  2. Fill in the required information

  3. Tap on Create account

  4. Done, you now have an account

Deposit up to €250 and start trading immediately! Verify your identity to increase deposit and withdrawal limits.

What are the fees?

Prosper's trading fees are the lowest in the industry. Create a Free account and start trading crypto for as little as 0.03%. There is no minimum volume commitment. The minimum order size is €10.

How do I verify my identity?

After creating an account you can verify your identity. This process is fairly simple and can be completed in less than a minute.

  1. Go to Account

  2. Tap on Identification

  3. Tap on Verify identity

  4. Follow the steps on screen

  5. Done, in a few minutes your identity will be verified

During identity verification you’ll be asked to make a selfie photo and a photo of your identity document (e.g. passport).

Please note: that all submitted pictures must be of the actual physical document (e.g. passport). Taking pictures of a screenshot will be automatically rejected, requiring you to start over.

How do I add a payment/payout method?

Payment and payout methods are considered the same. Currently we support iDeal and SEPA. We intend to add more payment methods in the coming months.

When you do a deposit, your payment method is automatically saved and connected to your account. To do a deposit follow the steps below:

  1. Go to Create

  2. Tap on Deposit

  3. Tap on Fiat currency

  4. Enter the amount you wish to deposit

  5. Tap on your desired payment method and follow the selected steps below:

I’ve chosen iDeal

  1. Select the bank you wish to use to deposit

  2. Tap on Deposit with iDeal

  3. Follow the steps in your banking app or website

  4. Done, you will automatically be returned to Prosper after the payment

iDeal deposits have a maximum of €10.000 per transaction. The balance is reflected within 1-3 business days in your Prosper account after a successful payment.

I’ve chosen SEPA

  1. Create a new SEPA payment in your banking app or website

  2. Copy and paste the bank information

  3. Copy and paste the payment description. Please note: without this your payment will be automatically returned to your bank account.

  4. Verify the payment details

  5. Transfer the amount as you would normally

SEPA deposits have a maximum of €50.000 per transaction. The balance is reflected in your Prosper account within 1-3 business days.

How long does it take to receive a payment into my account?

Prosper currently supports iDeal and SEPA. We intend to add more payment methods in the coming months.

iDeal

iDeal payments reflected within 1-3 business days in your Prosper account after a successful payment. There is a limit of €10.000 per transaction.

SEPA

SEPA payments are reflected in your Prosper account within 1-3 business days. There is a limit of €50.000 per transaction.

How long does it take to payout to my bank account?

Bank payouts are performed with SEPA.

Typically it takes 1-3 business days for your withdrawal to be received on your bank account.

Please note that during weekends and bank holidays payments are not processed by the banks. You can create withdrawals, however they will be processed on the next business day.

How secure is it?

We work with industry leading partners such as Chainalysis and Comply Advantage to detect fraud, money-laundering and terrorist financing.

We are registered and regulated by the Dutch Central Bank (DNB) as a cryptocurrency provider. 

All our data is encrypted and stored on cloud-based systems.

Can I change my account type at any time?

You can change or cancel your account type from Standard to Pro at any time. To change your account follow the steps below:

  1. Go to Account

  2. Tap on Subscriptions

  3. Tap on any of the subscriptions to change your subscription or downgrade it to free

  4. Tap on Confirm to confirm your choice

Subscriptions are paid up front per 30 days. If you change your subscription before the end of your subscription period, you forfeit the remaining amount of your subscription fee.

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Trade crypto at the lowest 0.03% fee to start saving on your trades!