[ad_1]
Boerse Stuttgart Digital Exchange (BSDEX), Germany’s first regulated trading venue for digital assets launched in September, has now introduced trading of Ethereum, Litecoin and XRP against the Euro.
Also new is the ability to transfer Ethereum, Litecoin and XRP from a private wallet to BSDEX.
Deposits and withdrawals of tradable cryptocurrencies are free on BSDEX. BSDEX meets regulatory requirements in accordance with the German Banking Act (Kreditwesengesetz) and is operated as a multilateral trading facility by Baden-Wuerttembergische Wertpapierboerse, which is also the operating company for the Stuttgart public stock exchange.
BSDEX’s technical operator is Boerse Stuttgart Digital Exchange, a joint venture of Boerse Stuttgart, Axel Springer, financien.net and SBI Crypto Investment.
Maximilian von Wallenberg
“We are continually checking which cryptocurrencies we can offer reliable and transparent trading on BSDEX. After Ethereum, Litecoin and XRP, other cryptocurrencies and, in the future, other digital assets will follow “
says Maximilian von Wallenberg, CEO of BSDEX.
Trading in BSDEX lasts almost 24 hours, seven days a week. The open order logs provide information on existing orders and the current market situation.
Additionally, the financial services provider EUWAX AG, a subsidiary of Boerse Stuttgart, increases liquidity by providing buy and sell prices.
At BSDEX, there are transaction fees based on the order type. blocknox, a subsidiary of Boerse Stuttgart Digital Ventures, takes care of the custody of cryptocurrencies for investors at BSDEX on an escrow basis and free of charge.
Featured image credit: BSDEX
