No-Fee Bitcoin Trading App Crosses Major 2024 Milestone
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No-Fee Bitcoin Trading App Crosses Major 2024 Milestone

THELOGICALINDIAN - Germanys secondlargest banal barter aloof accomplished 12 Billion aggregate on its built-in crypto app Bison

Similar to the U.S. Robinhood banal trading model, the Bison app from Germany’s second-largest banal barter accuse no fees or commissions for Bitcoin traders. Instead, the app profits from the spreads amid buy and advertise prices.

Germany’s Robinhood Breaks Bitcoin Record

Börse Stuttgart, Germany’s agnate to the NASDAQ banal exchange, launched the Bison app in 2018 to action banal traders acknowledgment to the crypto markets.

Today, Bison announced that trading volumes in 2020 had beyond €1 billion in 2020, agnate to $1.2 billion.

Daily volumes exceeded $42.3 actor on several occasions, with active users additionally hitting new highs with a 180% access to 206,000. Bison currently supports BTC, ETH, LTC, BCH, and XRP trading.

Illi Spankowski, CEO of Bison developer Sowa Labs GmbH, declared that the increases in user numbers and trading volumes had “far exceeded” expectations. Users are acceptable absorbed by the affiliation to a well-respected banal exchange, as able-bodied as the no-fee archetypal Bison uses.

Börse Stuttgart additionally launched a crypto exchange beforehand in the year, acceptance users to barter crypto-euro pairs, including BTC, ETH, LTC, and ETH.

Crypto barter Bittrex Global will acquiesce users to barter tokenized stocks alongside cryptocurrency markets.  

Bittrex Global appear today that users can now barter tokenized versions of Tesla, Amazon, and added traditional stocks

Trade Vaccine Stocks on Bittrex

Tokenized stocks are collateralized 1:1 to acceptable stocks, mirror the basal stocks’ bazaar performance, and alike entitles users to dividends. 

Bittrex Global has listed the afterward tokenized stocks: 

Amazon (AMZN), Tesla (TSLA), Apple (AAPL), Netflix (NFLX), Pfizer (PFE), Google (GOOGL), Beyond Meat (BYND), Alibaba (BABA), Facebook (FB), BioNTech (BNTX), and Bilibili (BILI).

Traders in the  U.S. are banned from trading these assets.

Bittrex Global has partnered with CM-Equity to accredit this service, a banking aggregation accountant to action tokenized stocks.  

Earlier in October, arch crypto barter FTX additionally angry up with CM-Equity to launch a agnate offering.