German stock market surpasses 1 billion euros in cryptocurrencies

The Börse Stuttgart issued a statement presenting this achievement, stating that a large part was achieved in the last five weeks

The Börse Stuttgart, the second largest stock exchange in Germany, announced that it has exceeded 1 billion euros in bitcoin transactions.

Thanks to the uptrend of the cryptocurrency, the last five weeks have been of great benefit to the banking institution and its digital asset exchange application.

A statement distributed directly by the exchange indicated that since January of this year, the growth of users has been located at 180 %, a figure that presented the highest increase in November.

“The growth of users and the volume of commerce in Bison, in the current year, have far exceeded our expectations. The positive development shows that, with simple and reliable commerce, we have the right offer for a market environment passionate about cryptocurrencies”, explained Ulli Spankowski, CEO of Sowa Labs GmbH, a subsidiary of Börse Stuttgart that developed the app.

K. Tovar

Source: agencies

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