Börse Stuttgart, the second largest stock exchange in Germany is set to launch a cryptocurrency app called Bison.
The app was revealed on Friday by Sowa Labs, the creator of the app and a subsidiary of Börse Stuttgart. It will be available for use in September with initially support trading of Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], and Ripple [XRP]. However, the official website states that there will be more assets added after the launch. After the launch, the app with be available in German, and later in English.
Ulli Spankowski, the Managing Director of Sowa Labs said:
“Bison makes trading in digital currencies easy. It is the first crypto app in the world to have a traditional stock exchange behind it,”
The app is simple, safe and reliable. The focus of the app is to make it easy for its users to enter the cryptocurrency world and make trading simpler with just a few clicks. It also features a “crypto radar” which will analyze over 250,000 tweets and provide the most important information about cryptocurrencies and find out which coins are most debated. This also results in better decision making as the user can see the prices fluctuate throughout the day in the market.
The official website stated:
“BISON shows you the beautiful sides of the crypto world, without any complicated processes.”
Additionally, they claim that the app won’t require the user to have any crypto wallet and there will be no trading fee charged. Signing up for the VIP list gives people a chance to be one of the first users of the app when it is released in September and gives them a chance to win prices. The first 1000 people to sign up can win one Bitcoin or other cryptocurrencies based on the VIP rank.
Last year in December, Börse Stuttgart acquired a 100 percent stake in Sowa Labs when it purchased the Ulm-based startup.
Alexander Meyer, a Twitter user said:
“This is great news. Shows how there is progress, after all. The app’s features are something that every potential investor is looking for but too hesitant because of the safety and transparency problems.”
Subscribe to AMBCrypto’s Newsletter
XRP/USD Price Analysis: Cryptocurrency settles into sideways movement as bull run ends
XRP/Ripple: R3’s Corda Settler dApp to be tested by InstiMatch Global using XRP
Mt. Gox: Infamous Bitcoin exchange had several issues with its code, reveals Mark Karpeles
Bitcoin Cash [BCH] support rolled out by Coinbase custodial wallet app
Bitcoin ETF: SEC adds VanEck-backed proposal for approval; initial decision in 45 days
DigiByte community gears up for Global Summit while founder Jared Tate finalises book on decentralized internet
Bitcoin [BTC] developer Jimmy Song lists 3 reasons why Bitcoin SV [BSV] is a “scam”
Bitcoin [BTC] among cryptocurrencies enabled by new debit card launched by Australian Crypto exchange
Ethereum [ETH] could have been stolen through malware impersonating MetaMask
After Bitcoin [BTC] ETF silver lining, SEC puts forth circular on ICOs
Bitcoin [BTC]: Mt Gox redemption plan demonstrates the power of open source network, says Brock Pierce
- Press Release
A New Generation of Crypto-Exchange: ALL IN ONE Crypto-Exchange
Flash Hike: XRP pumps by 10% as most top-10 coins gleam green
- Bitcoin Cash
Bitcoin Cash [BCH]: Roger Ver promises to sell his Bitcoins if the block size drops to 300KB