Bitcoin, XRP, Ethereum and Litecoin Get Mainstream Boost As Germany’s 2nd Largest Stock Exchange Launches Crypto Trading Platform

Germany’s second largest exchange and the ninth largest in Europe just launched its new crypto trading platform. Stuttgart Stock Exchange (Börse Stuttgart) launched the crypto trading app Bison today in collaboration with Berlin-based fintech company solarisBank. At launch, Bison supports Bitcoin, XRP, Ethereum and Litecoin.

Bison is designed to reach mainstream investors who want easier access to the cryptocurrency market. The app is designed to be highly social and engaging by analyzing about 250,000 tweets from the crypto community to reveal the overall sentiment on the biggest cryptocurrencies.

“Previously, opening a user account normally took several days, but with BISON activation for trading only takes a few minutes. There is ‘no need for crypto wallets’, and BISON does not charge any trading fees. Dr. Ulli Spankowski, Managing Director at Sowa Labs says, ‘Users can trade cryptocurrencies free of charge with the app.’

Another innovative feature of the app is the Cryptoradar service, which uses artificial intelligence to filter the glut of news in social media: it gives a general view of the market in realtime and provides information on which cryptocurrencies are currently being discussed.”

Stuttgart Stock Exchange says more cryptocurrencies are coming to the platform, but so far has not revealed which additional coins it plans to support.

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