Copy link
Increase text size
Decrease text size
Link copied

Boerse Stuttgart’s cryptocurrency exchange BSDEX opens to all German investors

BSDEX Homepage Screenshot (TokenPost)

Mon, 09 Dec 2019, 10:33 am UTC

German stock exchange Boerse Stuttgart has announced that its digital assets exchange is now open all German investors.

Boerse Stuttgart Digital Exchange (BSDEX), which was launched in September this year, is regulated under the German Banking Act. Its technical operator is Boerse Stuttgart Digital Exchange GmbH, a joint venture between Boerse Stuttgart GmbH, Axel Springer and

In an announcement dated Dec. 06, Boerse Stuttgart said (via online translation):

“[T]he Digital Exchange of the Stuttgart Stock Exchange (BSDEX) is now open to all interested parties in Germany,” adding that “users can currently trade Bitcoin against the euro” with plans to add support for additional digital assets.

There are a number of prerequisites in order to connect directly to the BSDEX, including being a German resident, minimum age of 18, a German bank account and a nationality from the European Economic Area.

“For BSDEX users, the free deposit and withdrawal of tradable cryptocurrencies is now also possible. For this purpose measures for the prevention of money laundering and terrorist financing were implemented in accordance with the legal requirements,” the release added.

As per the details, blocknox GmbH, a subsidiary of Boerse Stuttgart Digital Ventures GmbH, is acting as the custodian for cryptocurrencies of BSDEX users.

“Trading on the BSDEX runs almost 24 hours a day, seven days a week. Orders are executed directly and according to fixed rules against each other. Open order books provide information about existing orders and the current market situation,” it added. “Trading on the BSDEX involves transaction fees, which vary depending on the order type.”

Meanwhile, Swiss fintech startup Amun AG has reportedly listed seven of its cryptocurrency exchange-traded products (ETPs) on Boerse Stuttgart.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $11,889.40 (+1.23%)
  • Ethereum (ETH) $436.18 (+2.02%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Chainlink (LINK) $17.09 (-0.51%)
  • Bitcoin Cash (BCH) $295.96 (+0.43%)
  • Bitcoin (BTC) $11,889.40 (+1.23%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.