Crypto Exchange Bison Debuts Insured Ethereum Staking Service

Bitget App

Trade smarter

Bitget

News

DailyCoin2024/10/08 16:30

By:DailyCoin

Bison has launched a new staking service for Ethereum users.
The service is insured in partnership with a leading company in Germany.
It offers other benefits of a regulated crypto product in Germany.

Boerse Stuttgart Group-owned crypto exchange Bison announced Tuesday the launch of its insured and “Made in Germany” Ether staking service.

Founded in 2019, Bison provides a comprehensive trading platform for crypto, stocks, and ETFs in Germany, Austria, and Switzerland. According to its website, the exchange’s app serves over 850,000 users, including people from 72 nations with permanent residence and a regular place of living in a state that is a contracting party within the framework of the EEA agreement or in Switzerland.

Bison’s New Staking Product for Ether Users

In a press release on October 8, Bison said it had initiated a phased roll-out of its Ethereum staking offering on Tuesday, allowing users to stake “as little as 0.05 ETH” and earn weekly rewards.

Sponsored

Per the statement, Bison has partnered with various leading companies in Germany for the product, including primary insurance and reinsurance provider Munich Re and staking provider Staking Facilities.

The service integrates staking insurance developed in collaboration with Bison and Munich Re, providing cover for slashing risk and protecting against technical failures, fraud, and operator errors that could lead to partial or full loss of the staked Ether.

“Investors benefit from a simple and secure staking solution that was developed in collaboration with renowned German partners. The advantages of staking with BISON include low minimum amounts, fiduciary custody by BaFin-licensed Boerse Stuttgart Digital Custody GmbH, and innovative staking insurance,” Bison co-founder and CEO, Dr Ulli Spankowski stated.

Bison said the annual percentage rate (APR) for Ether staking is set between 2% and 5%, depending on the blockchain protocol.

Read about Binance Launchpool’s 60th project:
Binance Features Scroll (SCR) on Launchpool Ahead of Listing

Stay updated on Binance’s authorization to operate in Argentina:
Binance Takes Root in Argentina as Crypto Scene Booms

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14