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Openbank, the fully digital bank owned by Grupo Santander, has launched cryptocurrency trading services for its customers in Germany. Starting today, clients can buy, sell, and hold Bitcoin, Ether, Litecoin, Polygon, and Cardano alongside their traditional investments, all within the bank’s platform without moving funds to external exchanges.
The service offers competitive transaction fees of 1.49% per trade (minimum €1) and no custody charges, backed by the security and investor protections of Europe’s MiCA regulation. Openbank plans to introduce these features in Spain within weeks and gradually expand its crypto portfolio while adding tools like crypto-to-crypto conversions.
This move marks a significant step in strengthening Openbank’s investment ecosystem, which already includes robo-advisors, thousands of funds, ETFs, and AI-powered brokerage services. Coty de Monteverde, Head of Crypto at Grupo Santander, highlighted that the expansion responds to rising customer demand and further diversifies the bank’s range of digital investment solutions.
