Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

Bison, the crypto trading application offered by Boerse Stuttgart, has seen a remarkable growth of users in the past 12 months, the group announced this week. Germany’s second-largest stock exchange is now planning to expand its features and offer traders in Europe another cryptocurrency option, bitcoin cash (BCH).

Also read: Eastern Europe Sees More Fiat Options for Trading Crypto

Over 80,000 Users Added Since Launch

A year after it was launched, Bison now has around 81,000 active users, the stock exchange revealed in a press release published Thursday. According to Boerse Stuttgart Group, the mobile app’s success so far is largely due to the “uncomplicated and secure” crypto trading it facilitates on your smartphone.

Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

The software is developed by Sowa Labs, a subsidiary of Boerse Stuttgart Digital Ventures GmbH. It was released last year and it’s currently available for Android and iOS devices. The app is designed as a means for investors to gain exposure to the cryptocurrency markets. Sowa Labs CEO Ulli Spankowski commented:

We are very satisfied with the level of take-up for Bison. Our approach has been to make trading in cryptocurrencies as simple as possible, and the response has been excellent. Over the past 12 months, we have received a great deal of valuable feedback from users that we incorporate into the further development of Bison.

The developers emphasize they are gradually adding new features to the Bison app since its launch and plan to continue to improve the user experience. The next step will be to finalize the development and the implementation of a desktop version of the application.

Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

Another premiere the team is planning is the introduction of bitcoin cash (BCH) to the trading platform. Bison currently supports bitcoin core (BTC), ethereum (ETH), litecoin (LTC), and ripple (XRP). Traders can transfer BTC from their private wallets to Bison since the start of the year, and in the future they’ll be able to do so with the other tradable coins.

Bison users trade the cryptocurrencies with Euwax AG, which is also a subsidiary of Boerse Stuttgart. Euwax is a financial services provider operating under German regulations. Since October 2019, Bison has supported 24-hour trading. It makes its profit from the spread between the buying and selling price and no other fees are charged.

Bison Now Available in European Economic Area

So far, Germany has had a rather positive regulatory attitude towards businesses operating with digital assets. In November, new legislation allowed German banks to store and trade cryptocurrencies starting from 2020, which led to financial companies such as Solarisbank developing and offering new services including custodial and trading solutions for digital assets.

Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

Boerse Stuttgart is one of those traditional institutions that have turned their attention to the crypto space quite early in comparison with other major players. In December, the stock exchange opened its digital asset trading platform, Boerse Stuttgart Digital Exchange, to all interested persons in Germany, as news.Bitcoin.com reported. BSDEX is the country’s first regulated trading venue for digital assets.

The Bison app is now available beyond the borders of the Federal Republic. As of recently, interested citizens of the European Economic Area and Switzerland have been able to use it to trade major cryptocurrencies. Last year, the application was upgraded with individual price alerts. Furthermore, it now provides users with a report showing the amounts they are supposed to declare for taxation purposes.

Have you used mobile crypto trading apps such as Bison? Which one would you recommend? Share your experience in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.


Images courtesy of Shutterstock.


You can now easily buy bitcoin with a credit card. Visit our Purchase Bitcoin page where you can buy BCH and BTC securely, and keep your coins secure by storing them in our free bitcoin mobile wallet.

Tags in this story
App, application, BCH, BISON, bitcoin cash, Boerse Stuttgart, crypto, crypto trading, Cryptocurrencies, german, Germany, stock exchange, Traders, trading app, users
Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version 1
Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Bulgaria. Quoting Hitchens, Lubomir says: ”Being a writer is what I am, rather than what I do.“ International politics and economics are two other sources of inspiration.

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E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

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bitcoin
Bitcoin (BTC) $ 62,368.00
ethereum
Ethereum (ETH) $ 3,882.52
binance-coin
Binance Coin (BNB) $ 472.58
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.15
xrp
XRP (XRP) $ 1.10
solana
Solana (SOL) $ 160.92
polkadot
Polkadot (DOT) $ 42.64
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.23917
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 62,368.00
ethereumEthereum (ETH)
$ 3,882.52
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 615.61
litecoinLitecoin (LTC)
$ 185.72
bitcoinBitcoin (BTC)
53.769,64
ethereumEthereum (ETH)
3.347,26
tetherTether (USDT)
0,862135
bitcoin-cashBitcoin Cash (BCH)
530,74
litecoinLitecoin (LTC)
160,12
bitcoinBitcoin (BTC)
45,375.03
ethereumEthereum (ETH)
2,824.68
tetherTether (USDT)
0.727537
bitcoin-cashBitcoin Cash (BCH)
447.88
litecoinLitecoin (LTC)
135.12

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin62,262 0.43 % 1.65 % 13.80 %
Ethereum3,883.3 0.08 % 0.63 % 13.18 %
Binance Coin473.18 0.25 % 1.54 % 17.03 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Cardano2.150 0.11 % 1.22 % 1.89 %
XRP1.100 0.02 % 2.91 % 3.02 %
Solana161.99 0.38 % 1.66 % 9.68 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
USD Coin1.000 0.14 % 0.20 % 0.17 %
Dogecoin0.2400 0.07 % 0.91 % 4.65 %

bitcoin
Bitcoin (BTC) $ 62,368.00
ethereum
Ethereum (ETH) $ 3,882.52
binance-coin
Binance Coin (BNB) $ 472.58
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.15
xrp
XRP (XRP) $ 1.10
solana
Solana (SOL) $ 160.92
polkadot
Polkadot (DOT) $ 42.64
usd-coin
USD Coin (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.23917