Bison App: a 1.25 Percent Spread, 27 Percent of the Staking Rewards and Trading Without an Order Book

The information provided in this article is for informational purposes only and does not constitute financial advice. Investing in cryptocurrencies carries a high level of risk.

The Bison app belongs to the Boerse Stuttgart group, claims more than a million active users and advertises that crypto trading carries no order fees. That is true, and it is still only half an answer to the question of what the trading costs.

You pay through the spread, the gap between the buying and the selling price. Bison quantifies it itself: an average of 1.25 percent on bitcoin and ether, an average of 1.75 percent on every other cryptocurrency. Retrieved from the fee page on September 5, 2026.

This article is an assessment rather than a news report. It draws on the general terms and conditions in their versions of June 1, 2026, the special conditions for the pooled trust account of December 15, 2025, the basic and risk information of May 27, 2026, and the MiCA register of the European securities regulator ESMA. All sources are written out at the end.

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