Bison app experiences
The Bison app belongs to Boerse Stuttgart, the crypto stock exchange is fully regulated.
Bison was founded in 2019 and is headquartered in Stuttgart. The crypto exchange includes a selection of 7 cryptocurrencies including Chainlink (LINK), Uniswap (UNI) and Ripple (XRP).
We have tested the exchange extensively, you can find all Bison app experiences in our report.
What distinguishes the crypto exchange?
The purpose behind the Bison App was to regulate and simplify investments in cryptocurrencies. The selection is not very large with 7 cryptocurrencies, but if you are a beginner and want to learn the basics, it is completely sufficient.
How secure & reputable is the Bison app?
As already mentioned, the Bison app belongs to the Stuttgart Stock Exchange, which means that it is also fully regulated. This is probably the biggest plus that the crypto exchange has to offer.
All deposits are covered by a so-called deposit guarantee, this is why you don´t have to worry about your money.
In conclusion, the Bison app is completely secure and reputable.
Bison App Fees
The trading fees at Bison for purchases and sales are a uniform 0.75%, so the exchange is in the lower midfield, not particularly good, but still okay for beginners.
Deposits/ Withdrawals
The Bison app only offers SEPA transfers for deposits and withdrawals. Although not exactly a large selection here either, it is sufficient.
Registration
When registering, you must provide your name, email address and password.
After confirming the email address, the KYC verification must be completed using the ID card. After that they are ready to deposit.
user interface
Bison App user interface is by far the simplest and most user-friendly in cryptospace, which is of course due to the fact that you can only buy and sell here and only 7 currencies.
Conclusion
In conclusion, if you are completely new to the world of cryptocurrencies and just want to buy a few coins as a speculative object, Gold is the right place for you. If you are a little further along and need a larger selection or want to generate passive income, you should look for another exchange, for example KuCoin or binance.