• November 24, 2020

Germany’s Stock Exchange Launched Crypto Trading App

Germany’s Stock Exchange Launched Crypto Trading App

The second largest stock exchange in Germany, Boerse Stuttgart Group has launched a crypto trading app known as “BISON”.

According to their official tweet, The Stock Exchange has launched an app called “BISON” using this german trader can now trade cryptocurrency. They had first announced the app on the month of May last year.

BISON app for now only supports the trading of Bitcoin, Ethereum, Litecoin, and Ripple. But this app is only available for German users and can be used between 6.00 AM to 12.00 AM CET. In future, they will upgrade the timings for 24 hours trading.

In BISON Fiat currency is been handled by a SolarisBank which acts as an external banking partner, they will take care of all the euro payments process.

Advantage of trading in BISON would be free-of-charge trading. They also provide a feature called “Cryptoradar” which uses machine learning and artificial intelligence. Using this feature the user gets to know which cryptocurrency is tradable and this is all from market data and social media news information.

On Cryptoradar they have mentioned on their website that,

BISON’s Cryptoradar analyses real-time data and provides a sentiment overview of the most discussed cryptocurrencies. Instantly see what’s hot, what’s not, without having to read thousands of tweets or dig through online news.

The BISON app software has been developed by FinTech Sowa Labs which is a subsidiary of Boerse Stuttgart Digital Ventures.

By the end of this year, the company wants to expand they crypto trading app service to other European countries and also add support to more cryptocurrencies.

Let us know what you think of this German crypto trading app? Share your thoughts in the comments below.

Finance

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