Bison, the cryptocurrency trading platform of Böerse Stuttgart Group, introduces an innovative assured staking service for Ethereum users. This new service allows customers to stake Ethereum for as little as 0.005 and earn weekly rewards.
Bison’s staking service is supported by leading German companies, including reinsurance company Munich Re. This partnership provides protection against the usual risks of crypto staking. Thanks to the partnership with Staking Facilities, a specialized German staking provider, Bison offers a safe and reliable way for Ethereum staking.
Coverage against slashing and technical failures
Munich Re’s insurance policy covers key risks such as slashing—a network penalty for validators for incorrect behavior, which can lead to the loss of staked Ethereum. In addition, the insurance provides coverage against operational errors, technical problems and possible fraud. This way, users can stake their Ethereum with confidence.
Comply with German regulations
All staked assets via the Bison platform are managed by Böerse Stuttgart Digital Custody, which is licensed by the Federal Financial Supervisory Authority. This ensures that the platform fully complies with strict German regulations.
Ethereum co-founder Vitalik Buterin calls for solo staking
Vitalik Buterin, co-founder of Ethereum, expressed his support for solo staking. He suggested lowering the minimum staking requirements to 16-24 Ethereum. This could improve the security and decentralization of the network by encouraging more stakers to participate independently.
Collaboration with DZ Bank: Access to crypto for thousands of banks
On September 19, Börse Stuttgart’s crypto division, Börse Stuttgart Digital, entered into an agreement with DZ Bank. This partnership allows around 700 cooperative banks to give customers access to crypto trading and digital assets, such as Bitcoin and Ethereum. The new service will be rolled out in phases, with an initial test phase for selected retail customers later this year.
Why this step is important
With these developments, Bison is responding to the growing demand for secure staking options and reliable crypto trading services in Europe. By offering assured staking and partnering with major players such as Munich Re and DZ Bank, Bison is strengthening its position as a leading platform in the crypto market.
Source: https://newsbit.nl/bison-lanceert-verzekerde-ethereum-staking-bescherming-tegen-risicos-in-samenwerking-met-munich-re/
