German Stock Exchange Launches Cryptocurrency Trading App

A subsidiary of Boerse Stuttgart brings cryptocurrency trading app to mass market, releasing BISON app in autumn 2018
14 April 2018   616

Börse Stuttgart (SWB) is a stock exchange in Germany, the second largest in the country and the ninth largest in Europe. Sowa Labs, a subsidiary of German retail investment exchange, Boerse Stuttgart, reportedly brings cryptocurrency trading app to the mass market, as it is going to release BISON app in autumn 2018.

BISON is an application which should make trading in digital currencies easy, and it will be the first cryptocurrency app in the world backed by traditional stock exchange.

With BISON, also registering and providing proof of identity is less complicated. Users can trade cryptocurrencies free of charge with the app.
 

Dr Ulli Spankowski

Managing Director, Sowa Labs

 With BISON activation for trading only takes a few minutes, there is no need for crypto wallets, and BISON does not charge any trading fees. Also it will have such feature as the Cryptoradar service, which "gives a general view of the market in and provides information on which cryptocurrencies are currently being discussed". 

OKEx to Launch OKChain Based Decetralized Exchange

Great role in the upcoming exchange will be played by OKB coin, which will be trasfered to OKChain as soon as its development finished
22 March 2019   110

OKEx cryptocurrency exchange will launch a decentralized trading platform on its own blockchain.

Currently, the OKChain blockchain is in the final stages of development, and its test network may be launched as early as June 2019. When the OKEx blockchain becomes stable enough, it will transfer OKB to it, which will then perform the function of the native OKChain token and be used to pay commissions, as well as in its own decentralized network applications.

The primary purpose of OKChain is to launch the OKDEx decentralized exchange, where the OKB token will be used to participate in presales. In addition, project teams will use OKB tokens to pay the service fee to the super nodes of the network.

While the total volume of OKB emissions is 1 billion, 300 million tokens are in circulation today, and 700 million remain blocked. Of this number, 300 million OKB will be distributed to users through the loyalty program, and 400 million belong to the OK Blockchain Foundation and the exchange team. However, for a more efficient formation of the OKB ecosystem, the blocking period of these 700 million tokens will be extended from 2020 to 2022, writes OKEx.

In addition, OKB will be the only token to be accepted during the initial exchange offerings (IEO) on the OK Jumpstart platform, announced earlier this month. According to the company, it is currently negotiating with various projects and will soon announce the launch of the first IEO on OK Jumpstart, for which investors will be admitted who have passed personal verification and have OKB tokens in their accounts.