This FAQ answers the most common questions about the bitcoin kurs (price) as displayed on Bison, the German cryptocurrency trading app. Whether you're a beginner or an experienced trader, you'll find clear answers about how Bison's price feed works, its accuracy, fees, and more.

What is the bitcoin kurs on Bison?

The bitcoin kurs on Bison is the real-time market price of Bitcoin (BTC) as displayed in the Bison trading app, which is operated by the Stuttgart Stock Exchange.

Bison aggregates price data from multiple cryptocurrency exchanges and shows a volume-weighted average price, ensuring that the displayed kurs is as accurate as possible. This price updates continuously during trading hours, reflecting the latest market movements. Bison is a regulated German platform, so you can trust that the price you see is transparent and reliable.

How does Bison determine the bitcoin kurs?

Bison calculates the bitcoin kurs by taking a volume-weighted average of prices from several major cryptocurrency exchanges.

This method helps to smooth out discrepancies between individual exchanges and provides a more stable and fair price for users. The exact number of exchanges and their weighting may vary, but Bison discloses its methodology on its website. This approach is designed to reduce the impact of a single exchange's volatility or manipulation.

Is the bitcoin kurs on Bison accurate?

Yes, the bitcoin kurs on Bison is accurate as it reflects the current market conditions using a volume-weighted average from multiple exchanges.

While no price feed is perfect, Bison's method is widely accepted in the industry and provides a fair representation of the global market. However, you may notice slight differences compared to other platforms due to the different calculation methods or the set of exchanges used. These differences are typically small and within normal market spreads.

Why does the bitcoin kurs on Bison differ from other exchanges?

The bitcoin kurs on Bison can differ from other exchanges because it uses a unique aggregation method and may include different trading venues.

Each exchange has its own order book and liquidity, leading to price variations. Bison's volume-weighted average aims to provide a balanced price, but it may not match the exact price on a specific exchange like Binance or Coinbase. Additionally, Bison may apply a small spread or fee, which can affect the final buy or sell price you see.

How often is the bitcoin kurs updated on Bison?

The bitcoin kurs on Bison is updated in real-time, with price ticks occurring every second or even more frequently, depending on market activity.

Cryptocurrency markets operate 24/7, and Bison continuously receives and processes market data to reflect the latest prices. This ensures that users always see the most current bitcoin kurs while trading. However, during periods of extreme volatility, there might be slight delays due to technical constraints.

What fees does Bison charge when trading Bitcoin?

Bison charges a transparent fee structure that includes a spread and a trading fee, but the exact amount depends on the transaction size and the user's trading volume.

Bison does not charge custody fees or deposit fees for cryptocurrencies. For buying and selling, Bison applies a trading fee of 0.25% of the transaction volume, plus a spread of up to 0.5%. However, Bison often offers promotions with zero trading fees for a limited time. It's important to review the current fee schedule on the Bison website before trading.

How does Bison compare to other German crypto trading apps?

Bison is a leading German crypto trading app, but it competes with platforms like Bitpanda, Coinbase, and the local exchange BSDEX.

  • Bison is regulated by BaFin and offers a user-friendly interface, but its coin selection is limited compared to international exchanges.
  • Bitpanda also offers a wide range of assets and is regulated, but its fee structure may be higher for some users.
  • BSDEX is the first regulated crypto exchange in Germany, but it has a less intuitive interface.

Bison stands out for its simplicity and the backing of the Stuttgart Stock Exchange, making it a trustworthy choice for beginners.

How can I check the bitcoin kurs on Bison?

You can check the bitcoin kurs on Bison by downloading the Bison app from the App Store or Google Play and creating a free account.

Once you log in, the main screen displays the current prices of Bitcoin and other supported cryptocurrencies. You can also view historical price charts and set price alerts. Alternatively, you can visit the Bison website, but the full trading functionality is available only in the app. No account is required to see the live kurs on the website, but for trading, you must register.

Final Thoughts

Understanding the bitcoin kurs on Bison is essential for anyone trading Bitcoin on this platform. Bison provides a transparent and reliable price feed based on a volume-weighted average, ensuring you get a fair market price. While the displayed kurs may slightly differ from other exchanges, it's a trustworthy reference for your trades.

Remember to consider the fees and spreads when trading, as they can affect your overall returns. Bison's user-friendly interface makes it a great choice for German-speaking users, especially beginners.

Always stay informed about market trends and use the tools Bison offers, such as price alerts and charts, to make better trading decisions. Happy trading!