The Stuttgart stock exchange has established a trading place for Bitcoin and digital Assets. On BSDEX selected investors can trade euros against Bitcoin – and without any intermediate Broker.
By Christopher clover
23. September 2019BTC$9,785 of,26 opened -0.54%part Facebook Twitter LinkedIn xing mail
The second-largest German stock exchange, with the Digital Exchange Stuttgart stock exchange (BSDEX) a trading platform for the trading of Bitcoin and the Security Token. As of today, may 23. September, can trade investors on the BSDEX without intermediary brokers Bitcoin against the Euro. This is from a press release, the BTC-ECHO is present.
The deal is initially reserved for selected investors. Opening up for more private investors and for institutional investors to be in the medium to long term also.
Dirk sturzebecher, CEO of Boerse Stuttgart Digital Exchange GmbH, is ambitious. You have the BSDEX nothing Less, to dominate the European market:
With crypto-currencies is a billion-dollar market. On the Basis of the Blockchain more digital assets are going to establish values. For this purpose, we want to build the leading European trading venue.
the same Horn Peter puffs meanwhile, big head, CTO at BSDEX:
Private and institutional investors will receive about the BSDEX direct access to the digital Assets that you can trade flexibly and at relatively low cost. The Blockchain will change the financial industry in a sustainable manner. We take the technology trend and build the trading venue of the future.
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Before joining the BSDEX head CTO was great with the Solaris Bank. The Berlin-based FinTech Start-up signed at BSDEX for the payment, settlement and custody of Fiat deposits of the customers. For the Latter, the statutory Deposit protection limit of € 100,000 applies. The storage of the crypto-deposits the blocknox GmbH is, however, responsible for the it is a subsidiary of Boerse Stuttgart Digital Ventures GmbH.
Stuttgart stock exchange on crypto-paths
The Stuttgart stock exchange sector, with its Bison, the App has Long been a foot in the crypto. The App allows you to the Fiat-crypto to refrain from trading for users who are ready in favour of the ease-of-use to control their own Private Keys. Blocknox here too, the role of the Trustee. Furthermore, the Stuttgart stock exchange since may 2019, the trading with Exchange-Traded Notes (ETN) on the crypto-Assets, Litecoin (LTC) and Ripples XRP.
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