The operator of the Stuttgart stock exchange Börse Stuttgart Group announced the launch of the first in Germany application for trading cryptocurrencies Bison. Users of applications developed in the unit of the exchange, Sowa Labs, will be able to trade bitcoins from 6 am until midnight daily and also follow the news, the emerging technology of artificial intelligence.
Das Warten hat ein Ende: BISON ist da. Und ab sofort in den deutschen App Stores verfügbar. https://t.co/58RNUUso48 @bisonapp pic.twitter.com/7MwoWnZdWj
— Börse Stuttgart (@boersestuttgart) January 31, 2019
Storing assets using the escrow system was entrusted to another unit of the exchange – Blocknox, and processing is placed on the platform Euro licensed Berlin FINTECH companies solarisBank. Further features of the application will also provide the residents of other countries – with the increasing number of supported scriptactive and 24 hour bidding period.
German newspaper Handelsblatt reports that the exchange’s plans to recruit 10 thousand users within three months and 100 thousand in the course of the year. However, the media notes that trading on the Bison actually will be carried on the Euwax platform owned by stock exchange and on the London crypto currency exchange platform-Bitstamp, and later Kraken.
Recall that Bitstamp has announced a partnership with Swiss online Bank Dukascopy, which will give its clients the ability to send bitcoins to their Bank accounts and convert them into American dollars for trading platform Swiss FX Marketplace. In addition, they will be able to withdraw funds back to their cryptococal in bitcoins.