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Crypto ExchangesExchange profile

BISON exchange profile

BISON combines direct crypto trading with German custody, euro settlement accounts, savings plans and staking. Its account controls include mobile-approved withdrawals, separate bank-balance rules and product-specific eligibility.

By Editorial deskOperating status: ActivePublished Updated Sources checked

Services and trading mechanics

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BISON is the Boerse Stuttgart Group’s app and web service for buying and selling cryptocurrencies. EUWAX supplies trading, while a separate group company provides crypto custody. The service also has securities accounts, whose bank, eligibility rules and trading arrangements differ from the crypto account covered here.[2]

Reference table01

Crypto trading parameters

Crypto trading parameters
ParameterPublished rule
Trading sessionCrypto trading is available around the clock; this is spot ownership, without short selling.
Minimum order€0.01.
Largest per-trade limitsBTC, ETH, XRP and SOL: €500,000; ADA and DOGE: €250,000.
Other assetsGenerally €100,000; a specified group of smaller assets has a €10,000 ceiling. The displayed asset limit governs.
Daily activityNo fixed count of daily trades; liquidity and security controls can alter executable size.
Reference table02

Orders and reserved balances

Orders and reserved balances
InstructionHow it worksControl
LimitMaximum buy price or minimum sell price.Price-limited requests expire after 90 days.
StopBuy above a trigger or sell below one.A trigger does not remove execution and liquidity constraints.
Open requestExpected consideration is reserved.Cancel before execution to release it; editing means cancel and replace.

Savings plans debit the BISON euro settlement balance weekly, monthly or quarterly. Weekly plans permit a chosen weekday; monthly and quarterly plans use the first or fifteenth. A plan can be paused or terminated, and several plans can coexist. Insufficient funds can cause an occurrence to be skipped while the plan remains active, so closing the app or missing one payment does not stop later purchases. A bank standing order used to replenish the balance is a separate instruction.[6]

Reference table03

Staking availability

Staking availability
AssetMinimumWho can use it
Ethereum0.005 ETHVerified customers resident in Germany.
Solana0.1 SOLGerman residence remains a continuing condition.
Staked balanceNot freely tradableMoving abroad ends eligibility; exit requires the unstaking process.

For a first purchase, staking activation can take up to two days for ETH or four for SOL. Rewards are credited weekly. Unstaking requires the underlying network’s release process, which can take days or weeks; the app shows progress. Neither BISON nor the customer can accelerate the network queue. BISON states that its staking service falls outside MiCA’s regulated service protections.[11]

Pricing and worked cost examples

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Pricing & charges04

Published crypto charges

Published crypto charges
Cost componentPublished basis
BTC and ETH spreadAverage proportional spread of 1.25% when buying or selling.
Other crypto spreadAverage 1.75%; market conditions and order size can change it.
Account and custodyNo separate account or crypto custody charge.
Standard transfersBISON charges no euro SEPA or crypto deposit/withdrawal fee; external providers may charge.
Staking27% of network rewards for ETH and SOL.

The trading contract uses separate EUWAX buying and selling prices. A sale immediately after a purchase therefore receives the lower bid, even if the market has not moved. The following illustration uses invented executable quotes and assumes they remain unchanged; it does not represent a current BTC price or a guaranteed spread.[8]

Scenarios05

Hypothetical unchanged-quote round trip

Hypothetical unchanged-quote round trip
Input or calculationResult
Purchase budget / ask€1,000 / €50,625 per BTC = 0.0197530864 BTC.
Immediate sale at invented bid0.0197530864 BTC × €49,375 = €975.31.
Cost before other effects€24.69, or approximately 2.4691% of the starting euros.

Card, Apple Pay and Google Pay funding adds 2.49% of the transaction amount. On a hypothetical €1,000 funding transaction that component is €24.90, before any cost of a later crypto trade. Eligibility requires at least three months of verification and an earlier euro deposit. The published range is €50–€10,000, with a €10,000 monthly cap. Visa and Mastercard require 3-D Secure; only two saved cards can be added within six months.[9]

A hypothetical gross staking reward of 0.01 ETH yields a 0.0027 ETH commission and 0.0073 ETH after that commission. This calculation applies the published 27% share to a given reward; it does not forecast the network reward, annual return or euro value.[7]

Funding, withdrawal routes and transfer checks

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Process06

Euro payment routes

Euro payment routes
RouteRequirementsTiming and limits
SEPA depositEuros from an account in the customer’s own name; use the current personal IBAN. No SWIFT, PayPal or third-party funding.Ordinary transfers generally take 1–3 business days; instant SEPA can arrive within seconds.Source 14
Published deposit limitsNew customers: €20,000 per transfer / €200,000 monthly. Existing customers: €50,000 / €300,000.Larger intended transfers require support review.Source 14
Euro payoutOnly unreserved euros, to the verified reference account established through an incoming deposit.Normally 1–3 banking days; large payouts can receive additional checks.Source 15

Crypto deposits must come from wallets beneficially owned by the customer. A tradable asset is not necessarily enabled for deposits. Match the exact asset and network, and include required destination tags or memos such as those used for XRP, XLM and HBAR. Confirmation and source-of-funds checks can postpone crediting; sending an unsupported token to a familiar-looking address is not a supported deposit route.[16]

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Selected published transfer minimums

Selected published transfer minimums
Asset and networkMinimum depositMinimum withdrawalAddress limitation
BTC on Bitcoin0.00005 BTC0.001 BTC1, 3 and bc1q addresses supported both ways; bc1p is deposit-only.
ETH on Ethereum mainnet0.000009 ETH0.01 ETHDo not substitute an Ethereum layer-2 network.
SOL on Solana0.0002667 SOL0.1 SOLUse the supported Solana route.

Purchased crypto has a separate 24-hour withdrawal hold. Outbound requests require password, SMS and email confirmation. BISON permits cancellation within the first hour or while the request remains pending; after final processing the transfer cannot be reversed. Contact support if a withdrawal is still pending after 48 hours. A security setting can disable crypto withdrawals; re-enabling requires support and may take several business days. Transfers to another person’s wallet or a service provider’s wallet are prohibited; the destination must belong to the customer.[17]

BISON’s wallet-verification procedure can require a Satoshi test or digital signature once cumulative transfers involving a self-hosted wallet reach €1,000. A test approval lasts six months for the verified address; a changed address needs a fresh check. The test amount must arrive within three hours, and the sender bears its network cost. Requested beneficiary or platform details must also match the real transfer.[19]

Custody, bank balances and account security

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Boerse Stuttgart Digital Custody GmbH holds crypto for customers through fiduciary custody. Customer assets may be pooled together, while remaining separate from the firm’s own assets; individual ownership is recorded in the custody relationship. The agreement also addresses third-party custody arrangements. Its liability provision for attributable crypto loss is tied to the asset’s market value at the time of loss, rather than protection against ordinary price falls.[13]

Protections & eligibility08

Different protections cover different assets

Different protections cover different assets
Balance or activityPublished protectionBoundary
Euro bank balanceStatutory protection generally up to €100,000 per depositor per bank.Solaris or Deutsche Bank holds crypto-account euros; crypto itself is outside deposit insurance.Source 21
Trust accountEUWAX holds the bank balance for customers, separately from its own funds.Other eligible deposits at the same bank share the protection ceiling; the BISON IBAN is not a general payment account.Source 22
ETH stakingMunich Re-backed cover addresses specified slashing events, including operator failures.The inspected description supplies no customer monetary cap and does not establish price-loss cover.Source 12

The Deutsche Bank arrangement is a trust omnibus account, rather than a separate personal bank account opened directly with that bank. BISON may ask the customer to reconfirm an intention to trade. If that confirmation is not supplied, idle euros can be returned to the reference account; funds can subsequently be deposited again. This is a balance-handling procedure, and the description does not specify a fixed inactivity-fee schedule.[20]

Reference table09

Device and recovery controls

Device and recovery controls
ControlPractical effect
Secure SessionA desktop crypto withdrawal needs approval from a trusted mobile device. A session lasts 20 minutes; extension or restart is mobile-controlled.Source 23
Lost trusted deviceReset through an available trusted device, or contact support if none remains. Web access alone does not replace the approval device.Source 23
SMS authenticationNew devices and sensitive actions trigger checks; recognition can reset after 90 days, cookie changes, browser updates or private browsing.Source 24
Lost phone numberSupport requires identity evidence and proof of the replacement number. Email changes can require verification of both addresses and a callback.Source 25

Eligibility and verification

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The crypto account is for private individuals aged at least 18. BISON excludes company, joint, third-party and multiple accounts, and requires no US tax liability. The customer must provide tax identifiers for all applicable tax residencies. Approved nationality and residence are separate checks. Access to securities requires additional German residence, nationality, tax and telephone conditions, so crypto eligibility should not be reused as a securities eligibility decision.[27]

BISON describes active provision in Germany, Austria and Switzerland. It also describes registration by other EEA citizens on their own initiative, subject to the supported-country rules. This distinction is narrower than assuming every EEA resident receives an identical marketed service or every nationality is accepted.[28]

Identity verification uses IDnow video identification or the supported German electronic-ID route. A passport or foreign identity document can require recent proof of residence, generally no older than six months. Video verification needs working camera and microphone access; the electronic-ID route needs the enabled identity-card function and compatible device. Verification and a successful deposit precede full account use.[29]

Support, disruption and leaving the service

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BISON provides its Help Centre and contact form in German and English. Its BEA virtual support assistant can answer routine questions and collect details outside staffed hours. The published description gives it a support role; it does not establish authority to place trades, approve withdrawals or override identity checks.[2]

During extreme volatility trading may pause, and concentrated limit requests at the same price can be rejected. For a disputed order, BISON asks for the date, time, coin and description through the contact form. The inspected order guide offers no guaranteed emergency telephone execution route.[5]

Formal complaints are free and can be submitted using the complaint route or by post to EUWAX in Stuttgart. BISON targets a response within 15 business days; exceptional cases can extend to 35 with an interim explanation. Its procedure identifies the German Federal Universal Conciliation Body in Kehl as an external route, while access to courts remains available.[30]

To close the account, first remove all euro and crypto balances. The web interface can sell residual amounts that the mobile app cannot handle. Download reports before cancellation, because account access and the associated partner relationships end with closure. Simply ceasing to use the app is different from this explicit closing process.[26]

Legal entities and regulatory scope

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Entities & regulation10

Current primary register entries

Current primary register entries
EntityIdentifier and basisRecorded crypto services
EUWAX AktiengesellschaftBaFin ID 20000020; BAK 109154. Entry uses MiCA Article 59(1)(b), the notified financial-institution route.Crypto/funds and crypto/crypto exchange from 1 April 2025; execution from 21 November 2025.Source 35
Boerse Stuttgart Digital Custody GmbHBaFin ID 10157207; BAK 157207. Article 59(1)(a) authorisation.Custody/administration and transfer services from 17 January 2025.Source 36

Company, scale and related platforms

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The website imprint identifies EUWAX Aktiengesellschaft, also styled EUWAX AG, at Börsenstraße 4, 70174 Stuttgart, registered in Stuttgart under HRB 19972. BISON is the product brand; it is not a separate legal counterparty replacing EUWAX.[3]

The homepage displayed more than 1,050,000 users when checked on 20 October 2026. Although another homepage passage calls them active users, it supplies no measurement window or activity definition. The figure therefore records BISON’s stated user reach, not independently verified monthly active traders or trading volume.[1]

BSDEX is a related Boerse Stuttgart platform with a separate account. Its FAQ explicitly says that a BISON login does not work there. The two products should therefore not be merged into one set of fees, order controls or account permissions.[37]

Operator
EUWAX Aktiengesellschaft
Exchange model
Centralised
Service scope
Direct crypto purchases and sales, limit/stop instructions, savings plans and eligible ETH/SOL staking.
Client types
Retail clients
Pricing publication
Public pricing
Pricing scope
Trading cost is embedded in quotes; payment-method and staking charges also apply.
Funding scope
Euro settlement accounts and supported own-wallet crypto transfers.
Custody and asset handling
Boerse Stuttgart Digital Custody GmbH holds customer crypto in fiduciary pooled custody.
Client eligibility
Private adults with supported residence and nationality; no US tax liability. Staking requires German residence.
Support
Help Centre and contact form; formal complaint handling in German and English.
Authorisation and registration scope
EUWAX and the crypto custodian have separate BaFin entries and service permissions.

Exchange metadata checked 20 Oct 2026Source 2Source 7Source 27Source 13

Covered contracting entities

EUWAX Aktiengesellschaft

Jurisdiction
Germany
Covered services
Crypto purchase and sale counterparty.
Client and location scope
BISON private customers.

Published terms

Source 3Source 2Source 27

Boerse Stuttgart Digital Custody GmbH

Jurisdiction
Germany
Covered services
Fiduciary crypto custody.
Client and location scope
BISON custody customers.

Published terms

Source 13

Documented entity authorisations and registrations

EUWAX Aktiengesellschaft

Jurisdiction
Germany
Authority
BaFin
Reference
20000020; BAK 109154
Recorded status
Registered
Service and permission scope
MiCA Article 59(1)(b) services: crypto/funds and crypto/crypto exchange; execution.
Checked
20 Oct 2026
Source 35

Boerse Stuttgart Digital Custody GmbH

Jurisdiction
Germany
Authority
BaFin
Reference
10157207; BAK 157207
Recorded status
Authorised
Service and permission scope
MiCA custody/administration and crypto transfer services.
Checked
20 Oct 2026
Source 36

Reports, incentives and account tools

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BISON’s Info Report is designed around German tax reporting and uses FIFO for realised results and holding periods. Externally transferred holdings can be excluded from automatic gain calculations, leaving the customer to reconstruct acquisition history. The report is available through the account’s document area; custody statements are also available, including historical-date requests back to 1 January 2025. These records support reconciliation but do not settle every customer’s tax treatment.[31]

Transaction-history exports use a selected period and arrive as CSV in the postbox. They cover purchases, sales, transfers and rewards. A zero crypto-fee field reflects the embedded spread, not zero economic trading cost. Referral or cashback credits can appear as deposits, and external wallet addresses are omitted from the CSV; use transaction details and outside records when those fields matter.[32]

Reference table11

Conditional benefits

Conditional benefits
ProgrammeQualificationWhat is received
BISON SelectInvitation and opt-in: trailing 12-month crypto turnover of €40,000 / €250,000 / €500,000 for Silver / Gold / Platinum.Status normally lasts at least 12 months; app-displayed BTC cashback and support benefits vary by tier. Securities and rewards do not count as qualifying turnover.Source 33
Refer a friendCurrent programme runs 14 August 2026–14 August 2027 for Germany, Austria and Switzerland. A new referred customer must verify, fund and trade €200 within 30 days.€30 in ETH to the referrer and €20 in ETH to the new customer; up to five rewards per month. Stablecoin turnover is excluded; no direct cash payout of the bonus.Source 34
Follow the evidence

Sources & further reading

  1. BISON service BISON / EUWAX · Accessed 20 Oct 2026
  2. BISON operating model BISON / EUWAX · Accessed 20 Oct 2026
  3. BISON imprint BISON / EUWAX · Accessed 20 Oct 2026
  4. Crypto trading limits BISON / EUWAX · Accessed 20 Oct 2026
  5. Order controls BISON / EUWAX · Accessed 20 Oct 2026
  6. Savings plans BISON / EUWAX · Accessed 20 Oct 2026
  7. Published costs BISON / EUWAX · Accessed 29 Oct 2026
  8. Crypto contract information BISON / EUWAX · Accessed 20 Oct 2026
  9. Instant card funding BISON / EUWAX · Accessed 20 Oct 2026
  10. Staking requirements BISON / EUWAX · Accessed 20 Oct 2026
  11. Staking lifecycle BISON / EUWAX · Accessed 20 Oct 2026
  12. Staking risk protection BISON / EUWAX · Accessed 20 Oct 2026
  13. Custody agreement BISON / EUWAX · Accessed 20 Oct 2026
  14. SEPA deposits BISON / EUWAX · Accessed 20 Oct 2026
  15. Euro withdrawals BISON / EUWAX · Accessed 20 Oct 2026
  16. Crypto deposits BISON / EUWAX · Accessed 20 Oct 2026
  17. Crypto withdrawals BISON / EUWAX · Accessed 29 Oct 2026
  18. Transfer networks and minimums BISON / EUWAX · Accessed 20 Oct 2026
  19. Wallet ownership checks BISON / EUWAX · Accessed 20 Oct 2026
  20. Deutsche Bank settlement arrangement BISON / EUWAX · Accessed 20 Oct 2026
  21. Euro balance protection BISON / EUWAX · Accessed 20 Oct 2026
  22. Trust account conditions BISON / EUWAX · Accessed 20 Oct 2026
  23. Secure Sessions BISON / EUWAX · Accessed 20 Oct 2026
  24. Device authentication BISON / EUWAX · Accessed 20 Oct 2026
  25. Contact-data recovery BISON / EUWAX · Accessed 20 Oct 2026
  26. Close a BISON account BISON / EUWAX · Accessed 20 Oct 2026
  27. Account eligibility BISON / EUWAX · Accessed 20 Oct 2026
  28. Supported countries BISON / EUWAX · Accessed 20 Oct 2026
  29. Identity verification BISON / EUWAX · Accessed 20 Oct 2026
  30. Complaint management BISON / EUWAX · Accessed 20 Oct 2026
  31. Portfolio and tax reports BISON / EUWAX · Accessed 20 Oct 2026
  32. Transaction CSV export BISON / EUWAX · Accessed 20 Oct 2026
  33. BISON Select BISON / EUWAX · Accessed 20 Oct 2026
  34. Referral programme terms BISON / EUWAX · Accessed 20 Oct 2026
  35. EUWAX BaFin entry BaFin · Accessed 20 Oct 2026
  36. Custodian BaFin entry BaFin · Accessed 20 Oct 2026
  37. BSDEX account distinction BSDEX · Accessed 20 Oct 2026

This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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