Tokenization of digital Assets is one of the biggest trending topics in the world of Finance and Fintech industry. The Stuttgart stock exchange has now launched its long-announced Token trade and Commerce for the Digital Exchange (BSDEX),. Thus, the BSDEX the first regulated trading place for digital assets in Germany and an important milestone in the Tokenization of Assets.
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Stuttgart stock exchange opened the first regulated Token-commercial space
With the BSDEX of the Stuttgart stock exchange, the first regulated Token-trading went today, the place to Start and to continue the tokenization Trend of the last few weeks.The platform combines the advantages of the Blockchain technology with the reliability of the established financial players in the market. Starting today, selected users of Bitcoin against the Euro can trade during the BSDEX also Private and institutional investors to integrate to.So BSDEX is the first Exchange of this kind in Germany, an exclamation mark and would like to extend this concept to Europe and is a pioneer to be. The goal is to create a continuous digital Ecosystem for all Asset classes, using the Blockchain technology itself, in the case of complex business transactions in a more efficient and safer than ever should be.You don’t want to buy Bitcoin, you know, but where? To decide the right provider is not always easy. Therefore, we recommend that you take the time to look at our Bitcoin Broker & exchanges comparison. Often several providers are already required to really get all the Cryptos to cover. See for yourself: Bitcoin Broker & stock exchange compared with that now read.
The Stuttgart stock exchange Digital Asset Exchange (BSDEX) in Detail
The BSDEX is operated as a multilateral trading system of the Baden-Württembergische wertpapierbörse GmbH, which is also the carrier company of the public stock exchange in Stuttgart.
“As the operator of a society, we regulate the trade of the BSDEX with a market order and monitor its regularity. Here, we also bring our Expertise from the stock exchange trade,“ says Oliver Hans, since 2005 managing Director of the Baden-Württembergische wertpapierbörse GmbH.
For transparency and safety, the German jurisdiction and the open order provides a book, which always gives information about current Orders and the current market situation. The credit balance of the investor is free of charge, held in custody by a German Bank and is subject to the protection of the Deposit insurance Fund. Also, the storage of the digital assets is made in Germany. The identification process is fully digital, so you can easily start.
The Blockchain Hype of the financial industry and the next wave of Tokenization
“Private and institutional investors will receive about the BSDEX direct access to the digital Assets that you can trade flexibly and at relatively low cost. The Blockchain will change the financial industry in a sustainable manner. We take the technology trend and build the trading venue of the future“, says Peter large head, CTO of the Stuttgart stock exchange Digital Exchange GmbH.
At the BSDEX investors do not need a Broker, but can connect directly. The trade runs almost around the clock, seven days per week. To Start, investors can adjust to the BSDEX Market and Limit Orders. A further Order will promptly be added. Trading on the BSDEX associated fees with the transaction differ depending on the Type of order. In addition, no further cost for the user to fall out of date.What do you think about the new platform of the Stuttgart stock exchange? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News. (Image Source: Shutterstock)