Bitcoin Group SE: Ethereum Trading Started On Bitcoin.de
Bitcoin.de is the only regulated cryptocurrency market in Germany and a 100% subsidiary of Bitcoin Group SE, which is expanding its offering with the commencement of the trading on Ethereum after successful completion of the beta phase. It is expected high demand for cryptocurrencies in general and Ethereum in particular. This fact improves the dynamic price development of Ethereum. From the beginning of 2017, digital coin’s price has risen by more than 3,000% and now it costs about 340 euros per unit.
Ethereum is the world’s Second cryptocurrency after Bitcoin, with a market capitalization of more than 39 bilion US dollars. It uses alternative type of blockchain technology, which approves that Ethereum is easier and quicker to process. This characteristic makes the cryptocurrency particularly interesting for the use of transactions between companies. According to the newly formed Enterprise Ethereum Alliance, over 200 companies have joined the organization until October 2017.
Michael Nowak, Managing Director of Bitcoin Group SE says:
“Ethereum has the greatest acceptance among investors. Therefore, it’s logical for us that we offer Bitcoin.de customers to buy and sell Ethereum on our trading platform in a simple and safe way. Besides, we plan to add more cryptocurrencies to the trading against the euro. Also we intend to allow trading of cryptocurrencies against cryptocurrencies.”
Bitcoin Group SE is an investment company, which is specialized in innovative business concepts and technologies. It focuses on the acquisition, disposal, and administration of equity investments in companies and on the strategic management, control, and coordination of these companies.