The digital bank branch of the Spanish financial giant Santander Group, OpenBank, has opened the cryptocurrency trade for customers in Germany, with plans to add its domestic market in the coming weeks.
The new service allows users to buy, sell and have five popular cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Polygon (MATIC) and Cardano (ADA), according to a press release. Cryptocurrencies are available alongside actions, ETFs and investment funds.
Customers can exchange without moving funds to an external platform, keeping all investments in one place under Santander’s Umbrella, the bank said.
“By incorporating the main cryptocurrencies in our investment platform, we respond to the demand of some of our customers,” Coty de Monteverde, head of the crypto in Grupo Santander, told Coty.
The bank invoices costs of 1.49% per transaction, with a minimum of 1 euro ($ 1.2) and does not include childcare costs. The bank said it was planning to add more cryptocurrencies and new features, such as crypto conversions to crypto in the coming months.
Santander Private Bank was back in 2023 making the headlines when she started leaving customers with accounts in Switzerland BTC and ETH. He selected the Taurus for Guard Crypt Safety Technology Technology Company.
