Hi Steemians!
Recently Boerse Stuttgart (one of prominent equities/stock exchanges in Germany) launched a new Crypto App called BISON.
The word BISON is quite funny to me because it wanted to show that they are neither Bull or Bear.
SO I downloaded it and I like it´s features:
It has two modes, a Demo account and a Real Money account. After trying it for several times I can conclude some pro and cons
PROS:
- It has no Fees from buying or selling cryptos
- Fast, reliable and secure due to the fact it is owned by Boerse Stuttgart
- You can withdraw your crypto into your own wallet
- The quote price from their Buying and Selling prices are the same with Bitstamp
CONS:
- You have to be a German resident and have a European Passport to have access to Real Money mode
- You can´t deposit your crypto to your BISON account
- Limited crypto choices (only BTC, ETH, XRP, BCH, LTC)
- You can´t buy crypto with Credit cards (although I am not a fan of buying crypto using debt)
if you compare it with Bitstamp, at the moment Bitstamp still win across the board in exception they have fees (0.25%) but NO deposit or Withdraw Fees.
Some people will argue that Bitstamp App is horrible in their features but they just launched a new App that you can download in Apple Store or Google Play. It is working side by side right now between the old and new App and after one month the old App will stopp working
For me it is a good sign of a continued development of crypto space even though we are in the midths of Bear Market. Both companies are respectable companies and they must´ve done their research for launching new product. SO for us we just have to endure it a bit longer:)
cheers