Santander’s Openbank Launches Crypto Trading in Germany, Spain Next

Openbank, part of the Santander Group, launched cryptocurrency trading in Germany.
The service includes trading for bitcoin (BTC), ether (ETH), litecoin (LTC), polygon (MATIC), and cardano (ADA).
Santander plans to expand the service to Spain soon.
The platform allows users to trade cryptocurrencies alongside stocks, ETFs, and investment funds without moving funds externally.
The transaction fee is 1.49% with a minimum charge of 1 euro ($1.2), excluding custody fees.
Santander aims to introduce more cryptocurrencies and features like crypto-to-crypto conversions shortly.
In 2023, Santander Private Bank allowed Swiss clients to trade BTC and ETH, using Taurus for crypto custody.