Bison App Trading Costs Revealed: Spread Averages 1.25-1.75% Per Transaction
The Bison app, owned by the Boerse Stuttgart group, claims to have over a million active users and promises no order fees for crypto trading. However, this is only half the story when it comes to trading costs.
The spread, or the gap between buying and selling prices, is where the real costs lie. According to Bison's own fee page, the average spread on Bitcoin and Ether is 1.25%, while other cryptocurrencies come with an average spread of 1.75%. These figures were retrieved from the fee page on September 5, 2026.
But what about who stands behind the Bison app? The brand name hides a complex web of companies with clearly separated roles. Your trading counterparty is EUWAX Aktiengesellschaft, while your crypto assets are held by Boerse Stuttgart Digital Custody GmbH on a fiduciary basis and as a separate company.
One notable aspect of Bison's offering is the generous withdrawal policy for cryptocurrencies to personal wallets. Unlike many other providers, Bison covers blockchain fees, which can be substantial depending on congestion, especially on Ethereum.