Share this article
Germany's No. 2 Exchange Launches Bitcoin Spot Trading
BSDEX is trading one pair -- the bitcoin/euro -- and will gradually open up to more retail and institutional investors.
Updated Sep 13, 2021, 11:28 a.m. Published Sep 23, 2019, 5:58 p.m.
Exchange Boerse Stuttgart, Germany’s second-largest stock exchange, has opened a regulated trading venue for digital assets, the company said.
Trading began today on Boerse Stuttgart Digital Exchange (BSDEX), a fully regulated digital asset exchange under the German Banking Act, according to a statement. As of now, BSDEX is trading only one pair, the bitcoin-euro.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The exchange announced plans to launch a fully regulated digital asset exchange in December 2018, initially planned for launch in the first half of 2019.
BSDEX will open for German retail and institutional investors slowly followed by the entire EU, the exchange noted. Like other cryptocurrency exchanges, trading will be open nearly 24/7. Speaking with CoinDesk, the exchange said it plans on adding ethereum, litecoin, and XRP euro trading pairs this year and tokenized assets sometime in 2020.
“The market in cryptocurrencies is worth billions, and more digital assets will emerge on the basis of blockchain,” CEO Dr Dirk Sturz said in the statement. “Our goal is to build up the leading European trading venue for those assets.”
Boerse Stuttgart partnered with SolarisBank on the initiative. The bank will process payments and custody euro funds.
“BSDEX will give retail and institutional investors direct access to digital assets and provide flexible and relatively low-cost trading. We believe blockchain is set to bring about significant changes in the financial industry, and we want to leverage its potential to create the trading venue of the future,” said Peter Großkopf, CTO at BSDEX, in a statement.
A year ago, Boerse Stuttgart announced the launch of an initial coin offering (ICO) platform and more recently started trading litecoin and XRP exchange-traded notes (ETNs).
Boerse Stuttgart exchange via Boerse Stuggart
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin rises above $89,000, showing rare gain in U.S. trading
Open interest data suggests the advance is likely short-covering, rather than fresh longs entering the market.
What to know:
- Bitcoin was trading higher during U.S. market hours, marking a notable shift after a month in which BTC fell roughly 20 percent cumulatively while American stocks were open.
- Declining open interest suggests the move is driven by short-covering rather than fresh leveraged longs.
- Broader crypto markets remain fragile as ETF outflows, tax-related positioning, and light holiday liquidity pressure prices.
Top Stories
