The Bison app, which was developed by Boerse Stuttgart, will be available to cryptocurrency traders in the fall. Germany is taking the lead among retail exchanges tapping into the cryptocurrency base.
Sowa Labs, a fintech subsidiary of Boerse Stuttgart, Germany’s second largest stock exchange for retail derivatives, has launched Bison, a mobile app for trading cryptocurrencies. Bison will support trading in bitcoin, Ethereum, Ripple and Litecoin. More coins will be supported soon.
The Bison app rivals the likes of Robinhood in that there are zero trading fees. Meanwhile, it’s a sign of the times that retail exchanges are starting to emerge from the sidelines to participate in the rise of cryptocurrencies.