Stuttgart Stock Exchange started trading cryptocurrency

Börse Stuttgart Digital Exchange Opens to All Users Based in Germany

Stuttgart Stock Exchange started trading cryptocurrency

The Stuttgart Stock Exchange has opened a regulated digital asset spot trading platform and plans to attract traders from across the European Union.

BSDEX is already available for German investors. So far for trade only one pair is proposed, bitcoin-euro, but by the end of the year they plan to add support for Ethereum, Litecoin and XRP, and in 2020 to include tokenized assets in this list. Like other crypto platforms, it will operate almost around the clock..

New site operates in accordance with German law and cooperates with SolarisBank, which is responsible for processing payments and storing funds.

Stuttgart Stock Exchange started trading cryptocurrency

According to the CEO of the company, Dirk Sturz, the crypto market is worth billions, and on the blockchain more and more assets will appear, so BSDEX’s goal is to create a European trading platform for them.

This is not the first Boerse Stuttgart Group project related to the digital asset market. In winter, the group officially launched the Bison mobile app. for cryptocurrency trading.

text: Ivan Malichenko, photo: boerse