As the .de in the name suggests, Bitcoin.de is a Bitcoin marketplace based in Germany. First of all, it’s important to note that this isn’t a traditional Bitcoin exchange such as Bitfinex or Bitstamp. The best comparison to make is with LocalBitcoins in that it’s a platform that connects buyers and sellers, much like an […]
Buying Bitcoin in Germany has become a bit of a hassle, ever since Localbitcoins stopped operating in the country, and certain German banks start reversing Bitcoin-related bank transfers. But there might be a light at the end of this dark tunnel, as FIDOR Bank and Bitcoin.de have announced the launch of their Bitcoin Express trading system.
Connecting The Bitcoin Marketplace To Traditional Banking
Bitcoin and traditional banks will not become the best of friends any time soon, but that might not be as much of an issue anymore in the near future. FIDOR Bank, a German bank well-known for their openness towards Bitcoin business and enthusiasts, is teaming up with Germany’s largest Bitcoin marketplace Bitcoin.de to create a direct connection between Bitcoin and traditional banking.