TLDR:
- Openbank has launched crypto buying and selling for German retail traders, letting them purchase Bitcoin, Ethereum, and extra immediately.
- Clients can now purchase, promote, and maintain crypto property with out transferring funds to exterior platforms, the financial institution confirmed.
- The service expenses a 1.49% charge per commerce with no custody charges and a €1 minimal per operation, per the discharge.
- Spain would be the subsequent marketplace for rollout, and Openbank plans so as to add extra cryptocurrencies and conversion options quickly.
German customers of Openbank now have a brand new method to entry the crypto market. The financial institution, owned by Grupo Santander, has opened buying and selling for a number of main digital property instantly inside its funding platform. This transfer folds crypto into the identical area the place customers already handle shares, ETFs, and funds.
Openbank says this resolution follows rising demand from retail traders on the lookout for straightforward, regulated entry to crypto. The brand new characteristic is about to develop to Spain in the approaching weeks.
Crypto Buying and selling Built-in With Present Accounts
Openbank confirmed in a press release on September 16, 2025, that clients can purchase, promote, and maintain Bitcoin, Ethereum, Litecoin, Polygon, and Cardano.
The financial institution stated customers can handle these property with out sending funds to outdoors exchanges, preserving every little thing inside one account. This construction retains crypto below the identical safety and compliance requirements as different investments on the platform.
The discharge acknowledged that Openbank’s service carries a 1.49% charge on trades, with a minimal of €1 per operation. The financial institution won’t cost custody charges for holding digital assets. This aligns its supply with a rising demand for lower-friction crypto companies backed by regulated monetary establishments.
Grupo Santander’s head of crypto, Coty de Monteverde, stated the addition of cryptocurrencies goals to satisfy rising shopper curiosity. The financial institution sees crypto as a pure extension of its digital-first mannequin, providing a seamless expertise for patrons who need publicity to digital property.
Openbank additionally stated it plans to expand its cryptocurrency checklist in the approaching months. Conversion between digital property will likely be added as a brand new characteristic as soon as growth is full, additional lowering the necessity for third-party platforms.
Openbank Rollout Timeline and Growth to Spain
Germany is the primary market to get this characteristic, with Spain anticipated to observe in the approaching weeks. Openbank stated its strategy is to begin in one market, refine the person expertise, and then scale to others.
This transfer comes shortly after Openbank launched an AI-powered dealer software that delivers goal costs for greater than 1,000 shares. The financial institution now presents greater than 3,000 shares, 3,000 funds, and over 2,000 ETFs, alongside its automated Robo Advisor service. Crypto buying and selling provides another piece to its portfolio for traders searching for a number of asset courses.
The press launch careworn that the crypto service is absolutely coated below the European Markets in Crypto-Assets Regulation (MiCA). This ensures investor safety and aligns with the compliance framework of a completely regulated financial institution.
Openbank stated that the combination of crypto into its platform is a part of its long-term purpose to offer purchasers one hub for all investments. With the rollout full in Germany, the financial institution seems set to place itself as one of many few digital-first European banks providing each conventional and crypto property below one roof.
