BISON vs BSDEX Comparison

BISON
BISON
2.5of 5
Go to BISON
vs
BSDEX
BSDEX
Winner
4.1of 5
Go to BSDEX
1.25 %Fees0.35 %
€ 12.50Minimum cost per €1,000€ 3.50
71Cryptos10
SEPA transfer, SEPA Instant transfer, credit card (Visa, Mastercard), Apple Pay, Google Pay (card and wallets: 2.49%)Payment MethodsSEPA Transfer
MiCAR licence from BaFin: EUWAX AG for crypto trading (since 1 April 2025), Boerse Stuttgart Digital Custody GmbH for custody (since 17 January 2025)RegulationCustodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license.

Cost comparison

The basis is a Bitcoin purchase worth €1,000, calculated from the disclosed trading fee. A price markup in the spread is not included, because most providers do not publish it.

BISONBSDEX
€ 12.50Minimum cost per €1,000€ 3.50
1.25 %Fees0.35 %
€ 0Wallet transfer€ 0
YesCost transparencyYes
€ 0.01Minimum Amount€ 10
SEPA transfer, SEPA Instant transfer, credit card (Visa, Mastercard), Apple Pay, Google Pay (card and wallets: 2.49%)Payment MethodsSEPA Transfer

On disclosed fees you pay €9.00 less at BSDEX per €1,000 purchase.

Pros & Cons

BISON
BISON
Pros
  • More than 70 cryptocurrencies tradable, plus over 2,500 stocks and ETFs
  • Crypto custody by the BaFin-regulated Boerse Stuttgart Digital Custody GmbH
  • Transfers to your own wallets are free of charge
  • Staking and savings plans available
  • Tax report offered as an added feature
  • Deposits via SEPA, SEPA instant transfer and credit card
  • Entry from as little as €1
Cons
  • The proportional spread averages 1.25 % on Bitcoin and Ethereum and 1.75 % on all other cryptocurrencies
  • SMS-based two-factor authentication; stronger methods would be welcome
  • Processing times of up to 24 hours for wallet transfers are occasionally criticised
BISON Reviews
BSDEX
BSDEX
Pros
  • All 10 cryptocurrencies trade directly against the euro
  • Three separately authorised entities: Baden-Württembergische Wertpapierbörse GmbH for the trading platform, Boerse Stuttgart Digital Custody GmbH for custody, EUWAX AG for exchange, all under BaFin supervision
  • Wallet transfer always free
  • Minimum charge of just 0.01 € per order
Cons
  • The advertised 0.20 % applies to maker orders only. Buying with a market order, which is the normal case, costs 0.35 %, that is 75 % more.
  • Selection of only 10 cryptocurrencies is limited by comparison
  • No savings plan and no staking available
  • Only SEPA bank transfer as a payment method
BSDEX Reviews

Score Comparison

2.5Usability3.9
2.3Features3.8
2.3Fees4.2
2.2Stability3.7
2.2Support4.0

User Experiences

AI Analysis
4.6
App Store
3.8
4.0
Google Play
1.5
4.0
Trustpilot
3.2
BISON
BISON

Users generally describe BISON in the evaluated user data as easy to understand and clear. In particular, the intuitive and easy-to-use app is frequently praised in reviews, while fees, support, and the selection of coins are seen more critically by users.

BSDEX
BSDEX

User reports on BSDEX overall paint a mixed picture: the clear layout, easy usability and low fees are mentioned frequently, while technical hurdles with login and app usage are also noted in the reviews.

This analysis is based on 707 user reviews evaluated by AI from the Apple App Store, Trustpilot, and Google Play Store. The total number of reviews on the respective platforms may be higher — the platform ratings (star ratings) shown refer to all reviews available there. The reviews shown reflect users’ experiences and do not represent the site operator’s own assessment. All information is provided without guarantee. As of: March 2026. This comparison does not constitute investment advice.

Features

BISONBSDEX
Savings plan
Staking
Wallet transfer
Credit card payment
BaFin-regulated custodian
Web platform
Mobile app (iOS/Android)
Tax report
SEPA instant bank transfer
Cost transparency
2FA security
SEPA bank transfer
Credit card
Minimum amount
BISON
BISONHighlights
  • Powered by Börse Stuttgart with many years of capital markets experience
  • Free wallet transfer to your own wallets
  • Tax report for crypto tax filing
  • BaFin-regulated crypto custody
BSDEX
BSDEXHighlights
  • Börse Stuttgart trading venue – Made in Germany
  • Free wallet withdrawals for all supported cryptocurrencies
  • BaFin-licensed custodian for crypto holdings
  • Transparent fee structure starting at 0.35 %

The five areas head to head

AI Analysis

Fees & Costs

BISON
BISON

When it comes to fees and costs, users report criticism comparatively often. According to reviews, the fees and spread are repeatedly described as high. Especially among price-conscious users, this area is therefore perceived rather critically in the user data.

BSDEX
BSDEX

Many users respond positively to the fees and costs. Low fees are highlighted several times in the reviews. Overall, the cost structure is perceived positively from the user perspective.

Usability & User Experience

BISON
BISON

Users mainly report a clear design and an intuitive app with BISON. According to reviews, the platform is often described as easy to use, user-friendly, and self-explanatory. Some users mention annoying notifications and report that verification does not always go smoothly.

BSDEX
BSDEX

Users often describe BSDEX as clear and easy to understand, and the intuitive app is also mentioned positively in reviews. At the same time, users report technical hurdles when using the platform, for example when logins are not possible, users have to log in again repeatedly, or the app occasionally freezes.

Features & Offering

BISON
BISON

According to reviews, users are rather reserved about BISON’s offering, mainly because of the limited coin selection. Many users would like to see more coins or cryptocurrencies; additionally, an API for Blockpit, staking, savings plans, as well as an iPad or Mac version are mentioned occasionally.

BSDEX
BSDEX

Regarding features and the offering, the user data shows a rather reserved picture. Users mainly want more coins and more altcoins; a savings plan, a profit-and-loss display and a dark mode are also mentioned occasionally. According to reviews, a chart display is also sometimes requested.

Stability & Security

BISON
BISON

In terms of stability and reliability, many users are generally positive about BISON. According to reviews, the app is repeatedly described as reliable. However, some users report app crashes, so from the perspective of individual reviews the technical reliability still has room for improvement.

BSDEX
BSDEX

Regarding stability and reliability, users report in part positively about dependable everyday use. At the same time, reviews mention update problems, app startup difficulties, FaceID errors and repeated logouts. The fact that withdrawals are not possible is also occasionally mentioned in the user data.

Customer Support

BISON
BISON

When it comes to support, users report mixed experiences in the reviews, but overall rather critical ones. There is repeated mention of no support or long response times, which is why some users describe customer service as room for improvement. Support is also occasionally mentioned critically in connection with delays around withdrawals.

BSDEX
BSDEX

The support is described by users in several reviews as fast, helpful and competent. Users particularly praise the prompt assistance in direct contact. In individual cases, users would like even more support for specific issues.

Details

BISONBSDEX
EUWAX AGCompanyBaden-Württembergische Wertpapierbörse GmbH
2019Founded2019
MiCAR licence from BaFin: EUWAX AG for crypto trading (since 1 April 2025), Boerse Stuttgart Digital Custody GmbH for custody (since 17 January 2025)RegulationCustodian of cryptocurrencies (Boerse Stuttgart Digital Custody GmbH) has a BaFin license.
€ 0.01Minimum Amount€ 10
eID, VideoIdentKYCVideoIdent

Verdict

In our overall rating BSDEX leads with 4.1 against 2.5 for BISON.

On disclosed fees you pay €9.00 less at BSDEX per €1,000 purchase.

For most investors BSDEX is therefore the better choice.

BISONOur Opinion

BISON is the crypto app of Börse Stuttgart and is perceived in the DACH region as a provider with a traditional capital markets background. Crypto custody is handled by Boerse Stuttgart Digital Custody GmbH, which is regulated by BaFin. With 26 tradable coins, the selection is clearly limited compared with specialized crypto exchanges.

As one of the few offerings among German brokers, BISON allows free wallet transfers to your own wallets. Staking, savings plans, and an integrated tax report are also available. Deposits are possible via SEPA, instant bank transfer, and credit card.

The trading fees of 1.25 % are in the upper range of the brokers compared and are occasionally criticized by users. The exclusively SMS-based 2FA and the processing time for wallet transfers of up to 24 hours are also seen as room for improvement. Overall, BISON is aimed at investors who prefer an established German provider and are willing to accept trade-offs in fees and coin selection.

BSDEXOur Opinion

BSDEX is valued as the official crypto trading venue of Börse Stuttgart and is considered one of the most trustworthy platforms in the German market. With custody licensed by BaFin through Boerse Stuttgart Digital Custody GmbH, trading fees of 0.35 % and free wallet withdrawals, the platform is viewed positively by security-conscious investors.

The selection of only 10 cryptocurrencies is clearly room for improvement compared with other exchanges. The absence of a savings plan, staking and alternative payment methods beyond SEPA is also occasionally criticized. The 2FA protection via SMS only instead of TOTP is likewise seen as needing improvement.

BSDEX is considered particularly suitable for investors who value a German, regulated infrastructure connected to Börse Stuttgart and want to focus on the main cryptocurrencies such as Bitcoin and Ethereum.