Germany is opening its first crypto exchange for whales. The company VPE Wertpapeierhandlesbank AG (VPE) explained they are launching a cryptocurrency trading service for institutional investors. The exchange has a license which makes it more secure and regulated as well, for its customers benefit.
Katharina Strenski, VEP spokesperson said:
“Cryptocurrencies such as Bitcoin, Litecoin, Ethereum and others, have become a promising asset class in recent years. To date, trading digital tokens has been restricted to crypto exchanges and online marketplaces. We are pleased to be the first German bank to offer our customers cryptocurrency trading services.”