Santander Openbank launches cryptocurrency trading in Germany

Santander Openbank’s new service allows customers to buy, sell, and store five popular cryptocurrencies with a 1,49% fee

Openbank launches a crypto trading service in Germany and is preparing to launch in Spain

17.09.2025 - 12:05

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2 min

Key points:

Openbank has integrated cryptocurrencies directly into its banking platform for the first time, without transferring funds to third-party services.
Customers can trade BTC, ETH, LTC, MATIC, and ADA while storing their assets alongside other investments.
The service is set to launch in Spain in the coming weeks.

Openbank, Santander Group’s digital bank, has launched a cryptocurrency trading service for customers in Germany. Users can now buy, sell, and store bitcoin, Ethereum, Litecoin, Polygon, and Cardano in one app alongside stocks and funds. Funds do not need to be transferred to external platforms, which simplifies the process and increases security.

Terms of service

The transaction fee is 1,49% with a minimum payment of €1 (about $1,2). There is no additional fee for storing cryptocurrencies. In the coming months, Openbank plans to expand the list of coins and add new features, such as converting cryptocurrencies between each other.

“By incorporating the main cryptocurrencies into our investment platform, we are responding to the demand of some of our customers,” noted Coty de Monteverde, head of crypto at Grupo Santander.

Santander has been developing cryptocurrency services for several years. In 2023, Santander Private Bank allowed customers with accounts in Switzerland to trade BTC and ETH. Now, Openbank is offering cryptocurrencies to the mass market, starting in Germany and, in the coming weeks, in Spain.

The Spanish bank BBVA has also entered the market: in 2025, it launched BTC and ETH trading and storage in a mobile app for retail customers, with the approval of the CNMV regulator.

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