BL3P is the trading platform of Bitonic B.V., a European Bitcoin exchange with a Dutch basis. On BL3P you have the opportunity to buy and sell bitcoins and other cryptocurrencies quickly and safely.
Bitcoin is a decentralized digital currency. If you are curious and want to learn more about Bitcoin, we recommend you to visit (one of) the following pages:
Our trading engine has been designed to manage multiple markets. While we predominantly see a future in bitcoin, we do notice an increasing interest in other cryptocurrencies. Recently we've added Litecoin (LTCEUR). At this point it is not clear if there will be more cryptocurrency's added to BL3P.
Do you want to trade, set your own price, deposit with SEPA or purchase a large number of bitcoins? Then BL3P is the most suitable for you.
If you want to buy or sell a limited number of bitcoins or if you want to trade quickly, we recommend you to do this at bitonic.nl. (Buying bitcoins on bitonic.nl is only possible with iDEAL or MisterCash). At bitonic.nl a onetime verification is required for a purchase of over 50 euros a week. However, the verification process is brief and elementary.
Yes, BL3P has an API. Among other things, it allows you to place orders and withdraw euros and cryptocurrencies. The documentation is available on GitHub.
No, Bitonic and BL3P have no license of the Dutch Central Bank (DNB). We have applied for a license as 'Payment Service Provider'. An official response from DNB shows that Bitonic does not require a license. Because Dutch banks do require a license, in our collaboration the structuring of Bitonic as a financial institution offers comfort towards the banks and users of BL3P. More information about the license application and our measures to be compliant can be found on our compliance page.
The verification process is related to the structure of our organization as a financial institution and the corresponding laws and regulations. The process is intended to prevent fraud. If you want to buy (iDEAL) and sell (SEPA) bitcoins without an account or identity verification, we recommend to use bitonic.nl.
You can verify your account in our verification system by filling in the required information and upload the requested documents. To verify your account we at least need the following documents:
If you have a business account, we need additional information about your organization. In the verification guide we describe the required information.
Explanations for different Android smartphones or tablets can be found online. On an Apple (iOS) device, press briefly the home and sleep button.
If you have completed the verification process and added all required documents, the request will be send to us. We aim to fulfill your request within 1 working day. You will receive an email when your application has been approved, or if we require additional documents.
Your account email address can be changed on your settings page (click or tap your username). You can also add an additional email address on which you will receive notifications. This email address will be used to receive confirmations at login, withdrawals and changes to the security options. If you can't login because you no longer have access to your email address, please use this form.
After a failed login attempt you will get the chance to try again or be given the opportunity to reset your password.
If you have protected your account with Google Authenticator, but have no access to it anymore, you will have the opportunity to reset your account after a failed login attempt.
If the changes concerns authorized entities, stakeholders or an address, this information should be transmitted to BL3P directly. This can be done by making changes in our verification system.
Once your account is verified, you can start trading. From this moment it is possible to deposit money or cryptocurrencies and to enter orders.
The trading engine that processes all orders from BL3P currently has a processing speed of roughly 1000 trades per second. This is more than sufficient for the time being. We are monitoring the amount continuously to let the engine scale with increasing activity.
BL3P charges a percentage of trading fee per order. To prevent spam transactions we charge a flat fee of 1 euro cent per (partially) executed order (regardless of the number of trades). In addition, there are costs for depositing or withdrawing euros and cryptocurrencies. For an overview of the current fees see the fees page.
On the trading page you can buy or sell bitcoins through a market or limit order. For both types of orders you can choose to use euros or bitcoins as the base of your order. If you opt for euros, fill in how many euros you want to spend or receive. BL3P will then automatically calculate how many bitcoins you need to sell or receive to realize this amount in euros. It works the same way if you use bitcoins as the base: then BL3P will calculate the corresponding amount of euros.
The option market order is enabled by default. You buy or sell cryptocurrencies based on the current demand and supply. If you choose this option, BL3P will automatically fill in the current market price. This price is an estimate, with a market order you risk that someone trades faster than you. Or a supply can be removed, which means you will trade for a less favorable price.
If you want to set the price at which you buy or sell cryptocurrencies, choose a limit order. With a limit order you are able to set your required price for selling or buying cryptocurrencies. The limit order is entered into the order book. It is therefore impossible to predict how long it will take before your order is executed.
On the trading page under 'open orders' you can view and cancel your current orders. Canceling your open orders is possible until the time of fulfillment.
chargeback. This is important because cryptocurrency transactions are irreversible. Of course there is also the possibility to deposit cryptocurrencies.
How long it takes to credit your deposit, depends on the payment method you use. Below an overview:
If your payment is not processed, there may be several reasons.
Yes, we charge a fee for both withdrawals and deposits. For an overview of the current fees see the fees page.
How fast you will receive your withdrawn money, depends on the payment method and size of the amount:
The daily limits for depositing and withdrawing euros and cryptocurrencies can be found in your account on the deposit and withdrawal pages after selecting the method.
No, but you can create a new address up to 10 times per 24 hours. Additionally, you can keep using old addresses.
BL3P, the trading platform of Bitonic B.V. makes use of the Stichting Bitonic Payments. All of the customers' funds are stored and administered here. This foundation ensures the safety of the funds of the customer. There is no entanglement with the commercial activities of Bitonic BV.
Some of our security measures are described on the page security measures.
BL3P takes care for a stable and safe platform. Nevertheless, as a user you can do a few things to ensure security of your account. Please read our security tips.
These are used by us to identify you and to verify your account. After that, the data remains on our (encrypted) servers, because our operators need to be able to access the documents. However, in order to minimize risks, our administrative system is strictly seperated from our user environment and BL3P never uses cloud services for sensitive information. You should be aware that, in spite of our security measures, a leak of sensitive data cannot be fully excluded. Therefore we recommend using watermarks and hiding non-required information like social security number and bank transactions.