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Author Topic: Revealed: Germany’s 2nd Largest Stock Exchange Listing Bitcoin  (Read 269 times)
aoluain (OP)
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December 23, 2018, 09:19:15 AM
 #1

Just came across this article in my news feed. Its a big ine and likely
Launched at this very oportune time as the markets look ro be resetting,
and another bank looking to expose its customers to crypto trading.

Revealed: Germany’s 2nd Largest Stock Exchange Listing Bitcoin, XRP, Ethereum and Litecoin on Crypto Trading Platform

https://dailyhodl.com/2018/12/22/revealed-germanys-2nd-largest-stock-exchange-listing-bitcoin-xrp-ethereum-and-litecoin-on-crypto-trading-platform/

Stuttgart Stock Exchange (Börse Stuttgart), Germany’s second largest exchange and the ninth largest in Europe, is scheduled to launch its upcoming crypto trading platform in the first half of 2019 in collaboration with Berlin-based fintech company solarisBank which will also offer crypto-trading banking services for the stock exchange.

R


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December 23, 2018, 09:31:00 AM
 #2

Just came across this article in my news feed. Its a big ine and likely
Launched at this very oportune time as the markets look ro be resetting.

Revealed: Germany’s 2nd Largest Stock Exchange Listing Bitcoin, XRP, Ethereum and Litecoin on Crypto Trading Platform

https://dailyhodl.com/2018/12/22/revealed-germanys-2nd-largest-stock-exchange-listing-bitcoin-xrp-ethereum-and-litecoin-on-crypto-trading-platform/

Stuttgart Stock Exchange (Börse Stuttgart), Germany’s second largest exchange and the ninth largest in Europe, is scheduled to launch its upcoming crypto trading platform in the first half of 2019 in collaboration with Berlin-based fintech company solarisBank which will also offer crypto-trading banking services for the stock exchange.

The headline is a bit deceptive. It makes it sound like Bitcoin and other coins are getting listed on Börse Stuttgart. What's actually happening is they're launching a new exchange. It will probably get a lot less public exposure than if they were listed on the main stock exchange.

Still, it's a sign of latent demand and progress towards mainstream acceptance.

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December 23, 2018, 11:40:05 AM
 #3



I am hoping that this news is really true as this can be helping push for more investments and trading with the mentioned cryptocurrency as well as opening up more market movement which means more opportunities with more people. We need more good news like this so that the exposure of cryptocurrency can be enlarged. The more people doing trading and hodling these cryptocurrencies the better it would be for all of us.
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December 23, 2018, 12:01:24 PM
 #4

a good news during the troubled time, I appreciate this step of Börse Stuttgart.
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December 23, 2018, 12:05:25 PM
 #5

Just came across this article in my news feed. Its a big ine and likely
Launched at this very oportune time as the markets look ro be resetting,
and another bank looking to expose its customers to crypto trading.

Revealed: Germany’s 2nd Largest Stock Exchange Listing Bitcoin, XRP, Ethereum and Litecoin on Crypto Trading Platform

https://dailyhodl.com/2018/12/22/revealed-germanys-2nd-largest-stock-exchange-listing-bitcoin-xrp-ethereum-and-litecoin-on-crypto-trading-platform/

Stuttgart Stock Exchange (Börse Stuttgart), Germany’s second largest exchange and the ninth largest in Europe, is scheduled to launch its upcoming crypto trading platform in the first half of 2019 in collaboration with Berlin-based fintech company solarisBank which will also offer crypto-trading banking services for the stock exchange.

So, centralized exchanges backed by the government is now adopting cryptocurrency trading in Germany well, I do hope that other countries will also adopt this idea. Good for the the people of Germany as can now trade legally if this news is legit. I like to hear news like this. This brings crypto community a boost and positive outcome will lead this industry to be a more trusted and succesful one.

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December 23, 2018, 12:06:11 PM
 #6

Indeed, at least at this troubled times, we hear such positive things although we should not assumed that it will bring the needed respite in the worsening market conditions. I'm not surprised though because Germany has been slowly adopting crypto,

https://www.reddit.com/r/btc/comments/9q1rry/25000_german_online_stores_in_germany_to_begin/

So let's see how this news can affect the market positively.

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December 23, 2018, 12:10:57 PM
 #7

So let's see how this news can affect the market positively.

Known names behind new exchanges should help. Such exchanges should have no fake volumes, and less inside job in market manipulation.
Also some of the big (institutional) investors just don't go to controversial exchanges or from certain countries.

Just the influence on the market will not be visible "tomorrow". It'll need time.

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December 24, 2018, 10:06:50 AM
Last edit: December 24, 2018, 10:58:41 AM by aoluain
 #8

Yes it will take time although some people act like there is no time, it has to happen now!

For better or worse big finance names entering the crypto space means there is a future
(Most of us know that though) and this is not a kneejerk decision, a lot of thought, effort
and analysis went into this move.

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December 24, 2018, 04:55:28 PM
 #9

Introducing more people to bitcoin and providing them with easier access to buy will only increase adoption long term. It's a shame that with this they aren't given some sort of mandatory introduction to bitcoin so that we don't have many people investing in to something they know little about, they'll only be the ones who panic sell the next crash

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December 24, 2018, 05:06:42 PM
 #10

I don't really understand if this is a thing of joy bitcoin being listed by a stock exchange sounds like a third party is trying to crip into the system
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December 24, 2018, 05:23:10 PM
 #11

I actually reread the news headline several times to fully understand if what I read in your thread title was right. But then I found out your thread title is a misleading especially if you cut a lot of important information from the headline. Because on the way your right it you are actually implying that these cryptocurrencies will be listed as stocks in a stock exchange when the truth is they will be listed on a separate and independent exchange solely for the cryptocurrency market. I don't know if you did this on purpose or not but next time don't do it.
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December 24, 2018, 05:47:54 PM
 #12

That is very good because, the more the big exchanges, the more open the road for crypto adoption globally. Because, it will be easier for anyone to access crypto
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December 24, 2018, 06:56:37 PM
 #13

More legitimacy is what we really need in this space and I welcome every attempt to bring that to crypto. I however wonder how long it will take before they go full public, because it will be the first of its kind?

I know Poloniex is backed by Goldman Sachs and a few other banks, but they haven't done anything with the exchange yet, so I don't really put it in the same category as what this article is reporting about.

As for the click-bait focused title, I don't see a problem here. We know that news outlets are out to attract as many clicks as possible. Common sense tells you that it doesn't concern listings on the actual stock exchange itself.

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December 24, 2018, 08:29:30 PM
 #14

what I know is that all crypto exchanges provide bitcoin trading, from large or small exchanges, from old or new exchanges there must be a bitcoin trade, this is not great news from bitcoin but this is already common


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Casper Simian
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December 24, 2018, 08:45:16 PM
 #15

Lots of ATMs are opening there as well. Germany loves its cryptos.
aoluain (OP)
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December 24, 2018, 08:47:18 PM
 #16

I actually reread the news headline several times to fully understand if what I read in your thread title was right. But then I found out your thread title is a misleading especially if you cut a lot of important information from the headline. Because on the way your right it you are actually implying that these cryptocurrencies will be listed as stocks in a stock exchange when the truth is they will be listed on a separate and independent exchange solely for the cryptocurrency market. I don't know if you did this on purpose or not but next time don't do it.

I didnt edit the title at all, i just didnt copy all of it for the thread title.
I deemed the omitted text to be of no more important than that
Related to Bitcoin.

Here is the full headline viewable in the link to the original article.

"Revealed: Germany’s 2nd Largest Stock Exchange Listing Bitcoin, XRP, Ethereum and Litecoin on Crypto Trading Platform"

There is no alterior motive here other than to offer this article for discussion.

R


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