by Prosper
The cryptocurrency exchange landscape in the Netherlands has been undergoing considerable changes recently. As regulatory measures have tightened, many platforms are finding it difficult to continue operations. Binance, previously a significant player in the Dutch market, had to halt its operations due to a license application rejection by the Dutch Central Bank (DNB). This scenario is a signal for potential future implications for other platforms like KuCoin, Kraken, and ByBit, which currently do not hold regulatory approval from the DNB. Amidst this shifting landscape, Prosper emerges as a beacon of reliability, fully compliant and regulated, offering enhanced security, competitive fees, and a broad array of cryptocurrencies. This blog post will explore why Prosper should be your go-to platform for trading cryptocurrencies in the Netherlands.
Prosper takes pride in its full compliance with Dutch regulatory requirements. This adherence to Dutch laws and regulations creates a secure, transparent, and trustworthy trading environment. Knowing that your investments are protected under Dutch law brings a peace of mind that sets Prosper apart in the current crypto exchange landscape.
In a world where cyber threats and hacking incidents targeting crypto exchanges are increasingly prevalent, safeguarding user assets is paramount. Prosper recognizes this and has implemented robust security measures to protect your digital assets. Utilizing advanced encryption techniques, and cold storage for funds, Prosper provides a high level of security to protect your assets from unauthorized access and potential breaches.
One of the compelling reasons to choose Prosper over other exchanges is its commitment to offering the lowest fees in the market. Conversely, Prosper stands out with its competitive fee structure, with rates as low as 0.03%, allowing traders to maximize their returns by reducing transaction costs.
Designed with user experience in mind, Prosper’s interface is intuitive and user-friendly, simplifying trading for both novices and seasoned traders alike. The straightforward functionality of the platform allows users to navigate and execute trades with ease, focusing on making informed decisions rather than navigating complex features.
Recognizing the importance of portfolio diversity in the world of cryptocurrencies, Prosper offers an extensive selection of tradable assets. From popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), to a wide array of other digital assets, Prosper ensures that users can diversify their portfolio and take advantage of various investment opportunities in the crypto market.
The crypto exchange landscape in the Netherlands is evolving, marked by stringent regulatory requirements leading to Binance’s exit due to a license application rejection by the DNB. In this climate, platforms like KuCoin, Kraken, and ByBit may face challenges due to their lack of DNB approval. Amid these changes, Prosper offers a regulated, secure, and cost-effective alternative. With its compliance with Dutch authorities, robust security measures, low fees, user-friendly interface, and wide selection of cryptocurrencies, Prosper is an appealing platform for both experienced traders and newcomers. Choose Prosper as your trusted, licensed crypto exchange to experience secure trading with minimal fees in a fully compliant environment.
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
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 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
Frequently asked questions
Sign up for a Free Prosper account in less than 10 seconds. No passport verification needed:
Go to Create Account
Fill in the required information
Tap on Create account
Done, you now have an account
Deposit up to €250 and start trading immediately! Verify your identity to increase deposit and withdrawal limits.
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.
After creating an account you can verify your identity. This process is fairly simple and can be completed in less than a minute.
Go to Account
Tap on Identification
Tap on Verify identity
Follow the steps on screen
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.
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:
Go to Create
Tap on Deposit
Tap on Fiat currency
Enter the amount you wish to deposit
Tap on your desired payment method and follow the selected steps below:
I’ve chosen iDeal
Select the bank you wish to use to deposit
Tap on Deposit with iDeal
Follow the steps in your banking app or website
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
Create a new SEPA payment in your banking app or website
Copy and paste the bank information
Copy and paste the payment description. Please note: without this your payment will be automatically returned to your bank account.
Verify the payment details
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.
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.
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.
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.
You can change or cancel your account type from Standard to Pro at any time. To change your account follow the steps below:
Go to Account
Tap on Subscriptions
Tap on any of the subscriptions to change your subscription or downgrade it to free
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.
