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April 13, 2018, 10:17:22 PM |
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Reports out this morning suggest that a German firm may have cracked the problem that is extortionate trading prices when trading currencies within exchanges. It’s a frustrating part of trading of course, but with certain exchanges only offering certain coins and fees bouncing round all over the place, unfortunately, losing some money on your trades is an inevitable part of the system.
Well today, according to Finextra, a German firm called Sowa Labs, a group of the German Retail Investment Exchange Boerse Stuttgart, have developed a mobile application that promises a simple cryptocurrency trading format that is free from fees, that is totally accessible to anyone.
According to Finextra, Dr Ulli Spankowski, the Managing Director of Sowa Labs has said:
“It is the first crypto app in the world to have a traditional stock exchange behind it.”
According to the Sowa Labs website, their timeline expects a closed beta version to be launched in August 2018, with the full and final product going live in December 2018.
Summer is going be good
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