by Prosper
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.
Integrating with Bitstamp from an institutional perspective required additional due diligence and security considerations. However, Bitstamp’s robust compliance and security measures made the integration process seamless. Their Institutional Trading platform offered us access to deep liquidity and advanced order types, which was critical in providing our institutional clients with the necessary tools to manage their cryptocurrency trades.
Working with Bitstamp as an institutional client brought numerous benefits to our business. First and foremost, their deep liquidity and advanced order types allowed us to offer our institutional clients a more sophisticated trading experience. This has resulted in increased trading volumes, which has driven revenue growth for our business.
Another benefit of working with Bitstamp is their institutional-grade security measures, which have helped us to build trust with our clients. The Bitstamp platform is regularly audited by independent third-party firms to ensure the highest levels of security and compliance. This has helped us to attract new institutional clients who are looking for a secure and reliable platform to trade cryptocurrencies.
In addition, Bitstamp offers competitive fees for institutional clients, which has helped us to keep our costs low and pass on the savings to our clients. This has made our platform more attractive to price-sensitive institutional clients, which has resulted in increased trading volumes and revenue growth for our business.
Working with Bitstamp as an institutional client has been a positive experience for our business. Their deep liquidity and advanced order types have allowed us to offer our institutional clients a more sophisticated trading experience, while their institutional-grade security measures have helped us to build trust with our clients. Competitive fees have helped us to keep our costs low and attract price-sensitive institutional clients. We look forward to continuing our partnership with Bitstamp and exploring new ways to grow our business together.
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
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
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.
