Author

Topic: Litecoin and XRP Lists on Germany's 2nd biggest Stock Exchange Börse Stuttgart (Read 132 times)

hero member
Activity: 1414
Merit: 516
This is great news, new people will can invest and this can help for mass adoption, and will also help the price of coins to go up if enough people will buy and hold.
full member
Activity: 1274
Merit: 100
Thanks to share this great news, This will boost up the crypto market more to public interested in crypto trading and more trust will be shown by the investor.
member
Activity: 1302
Merit: 25
Really.... This is a good news for any hodler of good altcoins because it will begin to give hope to project owners to put more effort and get listed too whether on the German exchange or others.
member
Activity: 490
Merit: 17
Seems it's too much good news for crypto this month, it's can be the signal for a new bull run. After Bitcoin and XRP, i think more altcoins will be added into more stock exchanges.
member
Activity: 392
Merit: 66
So they are starting with bitcoin and ethereum. And further, they will add altcoin as well.
Thanks for your reply. Just like I thought, bitcoin and ethereum had to be included even before all the other coins. It would hardly make any sense to start off with litecoin and ripple. I would still have to find a crypto platform without BTC being the main currency.
legendary
Activity: 1988
Merit: 1718
That's really great news for Litecoin and Ripple. Nevertheless I wonder why these two and not Bitcoin and Ethereum. I am very curious if this news will advance the price of Litecoin and Ripple or if this news will go down among all the other good news of the last days about Bitcoin and other altcoins. But even if it won't change much in price, it is and remains a very good news for crypto in general.  Smiley
jr. member
Activity: 41
Merit: 3
Thanks for this. Great news about LTC and XRP. I know that there are ETF from before, but I didn't know exchange traded notes exist. I would have to keep an eye to ETNs too. What other cryptos are available on the Börse Stuttgart stock exchange? I suppose bitcoin, and etereum but are there any others? Or is it just the two you mentioned. If there are no others, why not starting with bitcoin?

Actually, the exchange announced its Bison trading app in April of this year. The Bison app, which is a direct competitor to the Robinhood trading app in that it has zero trading fees and was one of the first crypto exchanges to be created by a retail investment exchange.
The Bison trading app will launch in the fall and will initially support trading for Bitcoin, Ethereum, Ripple, and Litecoin.
So they are starting with bitcoin and ethereum. And further, they will add altcoin as well.


full member
Activity: 630
Merit: 100
Amazing news for altcoins as exchanges are usually only interested in bitcoin. I am surprised that ethereum is not there unless it is listed already. Institutional and regular investors are here, time to load up
member
Activity: 392
Merit: 66
Thanks for this. Great news about LTC and XRP. I know that there are ETF from before, but I didn't know exchange traded notes exist. I would have to keep an eye to ETNs too. What other cryptos are available on the Börse Stuttgart stock exchange? I suppose bitcoin, and etereum but are there any others? Or is it just the two you mentioned. If there are no others, why not starting with bitcoin?
jr. member
Activity: 41
Merit: 3
In the history of Germany, the 2nd biggest stock exchange and the 9th largest in Europe Börse Stuttgart has sanctioned two new ETN’s(Exchange-traded Notes)- Litecoin (LTC) and XRP. According to a company press release, this is the first kind of announcement in Germany.

Börse Stuttgart has declared that like ETF’s, ETN’s are also strictly regulated, a transparent and protected instrument that can be used by an investor to invest in different assets or they can buy or sell ETN’s based on the cryptocurrencies Litecoin and Ripple. The company XBT Provider ETN on the Swedish stock market is supervising Litecoin and XRP ETNs. In Sweden’s Nordic Growth Market (NGM) XRP and LTC-based ETN’s are already trading Since April 4.

As like other exchange-traded products these cryptocurrencies Exchange-traded notes (ETN’s) are available for trading from 8:00 to 22:00 CET
Definitely, there will be a great move that reflects on Litecoin and XRP. Now, these two cryptocurrencies are on a massive amount of interest in digital currencies and respected stock exchange, their liquidity is likely to significantly increase. Till now it is undecided whether or not it will attract investors.

In the current year, Börse Stuttgart Group has already launched a mobile app, Bison for cryptocurrency trading with zero trading fees with built in the wallet for storing tokens. Presently with this app user will trade from 6 A.M. midnight CET (5:00 and 23:00 UTC) which will be increased in the future. The profit of this application will be from spread buying and selling price offered. In the future Bison is scheduled to expand in other European countries earlier this year.
https://medium.com/@rwaltzsoftware12/litecoin-and-xrp-lists-on-germanys-2nd-biggest-stock-exchange-b%C3%B6rse-stuttgart-cc7481e937b8
Jump to: