Bison launches savings plans for cryptocurrencies

The crypto platform of the Stuttgart Stock Exchange has around 530,000 users. Now, customers can not only trade cryptocurrencies, but also save them.

On Bison, the crypto platform of the Stuttgart Stock Exchange, users can now create their own savings plans. Starting at just one cent per week, month or quarter, they can invest automatically in cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Chainlink and Uniswap.

"With the functionality for savings plans, we are implementing a widely expressed customer request," says Ulli Spankowski, the CEO of Sowa Labs. The subsidiary of Börse Stuttgart Digital Ventures developed the Bison app.

Around 530,000 active users can invest in cryptocurrencies on Bison every day and at any time. This year, the platform's trading volume was about €5.3 billion. Customers do not pay any fees for custody or deposit and withdrawal of cryptocurrencies. Bison earns from the spread between the displayed buying and selling prices.

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Startup 2013 Stuttgart Sowa Labs Sowa Labs is a fintech startup specialized in predictive data analytics and disruptive applications in trading of financial assets and cryptocurrencies.

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