# ChainATM vs BSDEX

> BSDEX is the Boerse Stuttgart Digital Exchange, a German regulated order-book venue for crypto aimed at users who want visible pricing rather than a broker spread.

## Side-by-side

| | ChainATM | BSDEX |
|---|---|---|
| Website | https://www.chain-atm.com | bsdex.de |
| Category | AI-powered crypto wallet (chat + voice) | exchange |
| Fees | 1 credit per tx (0% on USDC and EURC) | Order-book trading fees rather than a spread |
| Interface | AI chat (voice + text) | Order book with limit and market orders |
| Custody | Non-custodial (self-custody wallet) | Custodial (Boerse Stuttgart Digital holds the assets) |
| AI commands | Yes | No |
| Voice commands | Yes (iOS) | No |
| Fiat onramp | Yes (Coinbase) | Yes |

## BSDEX strengths

- German regulated trading venue
- Visible order book instead of an embedded spread
- Generally cheaper than broker-style apps for larger orders
- German-language support and tax reporting

## BSDEX weaknesses

- Custodial, so not your keys
- Order book is unfamiliar to beginners
- Short asset list
- No AI or voice
- No cross-chain swaps

## Why choose ChainATM over BSDEX

- Self-custody by default: BSDEX's exchange holds your funds
- No order books, no charts, no trading pairs. Just chat
- One app for buy, swap, and send (no separate wallet product)
- Voice commands on iOS

## Common questions

### Is BSDEX or ChainATM better for buying and sending crypto?

It depends on which part you do most. Pick BSDEX if what your use case turns on is what it is strongest at: German regulated trading venue; Visible order book instead of an embedded spread. ChainATM is the better choice if you want to buy, swap and send from one conversation instead of three separate flows, and it charges 0% ChainATM fees on USDC and EURC. ChainATM is non-custodial throughout: it never holds your funds, and purchases are executed by Coinbase straight into a wallet you control.

### What does BSDEX cost compared to ChainATM?

BSDEX: Order-book trading fees rather than a spread. ChainATM: 1 credit per transaction, from EUR 0.099 per credit, and 0% ChainATM fees on purchases of USDC and EURC. Other tokens use standard Coinbase on-ramp pricing. Network gas fees apply on both sides and go to the blockchain, not to the provider.

### Can I use BSDEX and ChainATM together?

Yes. ChainATM is self-custody and does not require you to move away from BSDEX. Many people keep BSDEX and use ChainATM for the parts that are awkward elsewhere: cross-chain swaps in a single command, or fee-free USDC and EURC purchases.

### Does ChainATM hold my crypto like BSDEX does?

No. BSDEX holds your crypto on its own books until you withdraw it. ChainATM is non-custodial: the coins land in your own wallet, we never hold your funds, and we never have access to your keys in usable form. There is no withdrawal step, because nobody else held the funds in the first place.

### Is ChainATM available in my country?

Availability depends on our on-ramp partners' supported regions. ChainATM is built by Noctra Labs UG (haftungsbeschränkt) in Trier, Germany, registered at Amtsgericht Wittlich under HRB 48033. The fiat on-ramp runs through Coinbase, with EUR purchases by SEPA, card and Apple Pay.

## Related

- [All comparisons](https://www.chain-atm.com/compare.md)
- [Buy crypto](https://www.chain-atm.com/buy.md)
- [Pricing](https://www.chain-atm.com/pricing.md)
- [Auf Deutsch lesen](https://www.chain-atm.com/vergleich/bsdex.md)