Blog

Santander’s openbank launches crypto trading in Germany, Eye Spain



Group Santander’s Digital Bank OpenBank is expanding in Europe with a new offer for German clients amid increased demand for crypto assets.

The bank Says Tuesday that customers in Germany can now buy, sell and hold Bitcoin (Btc), Ether (Eth), Litecoin (LTC), Polygon (POL) and Cardano (Ada) directly to its platform.

According to Santander, the new service incorporates the crypto next to OpenBank investment products, removes the need for third-party platforms and operates under European markets in Crypto-assets regulation (Mica) outline.

Crypto trading services have been planned to roll in Spain in the coming weeks, with additional tokens and features such as crypto-to-crypto conversion.

Coty de Monteverde, leader of the crypto in Group Santander, said it was adding crypto to the trading platform in response to customer’s demand.