“Skiptobank. Gropo Santander is one of the largest banks in Europe and even the largest in Spain. This multinational banking company has earned interest in the Bitcoin Sector (BTC) and its technologies, in particular, experimenting with Ethereum (ETH) token in 2019. Her OpenBank online banking company is fully in line with this just announcing the opening of storage and trade […]”, – WRITE: Businessua.com.ua
Skiptobank. Grupo Santander It is one of the largest banks in Europe and even the largest in Spain. This multinational banking company Early showed interest in the bitcoin sector (BTC) and its technology in particular, experimenting with Tokenization Ethereum (ETH) still in 2019. Her subsidiary of online banking OpenBank fully corresponds to this just announcing the opening storage and trade cryptocurrency for their individual clients.
The key points of this article:
- Company OpenBank’s online banking, a subsidiary of Gropo Santander, allows its German clients to buy, sell and store five basic cryptocurrencies.
- This initiative will be extended to Spain and will be accompanied by a transaction commission of 1.49%, while guaranteeing the protection of investors in accordance with European Mica Rules.
According to a press release published on Tuesday, September 16, 2025, on the official website of the group Santander her subsidiary of online banking OpenBank From today will allow its German clients buy, sell and store five basic cryptocurrencies .
Apart from your favorite Bitcoin OpenBank will also offer trade and storage Ethereum , Litecoin (Ltc), Polygon (Pol) and Cardano (ADA). Except Germany proposal will also be “ Expanded in Spain in the next weeks ”.
The Bank specifies that its customers who want to invest in crypto assets through its services are used ” Guarantee and protection of investors provided for in the European regulations MICA (cryptoactive markets) ”.
However, this Mediation The role will have its value because sales and purchase of these digital assets will have “ a commission of 1.49% (minimum 1 euro per transaction) ”but as the bank specifies“ Without a storage fee “(Fortunately!).
Santnder’s banking group strongly supports cryptocurrency As we saw in the introduction, Gropo Santander quickly understood the revolutionary, or at least innovative , potential Bitcoin networks and blockchain. So the bank has already conducted several experiments with Modernization of finances with these technologies.
In this case, cryptocurrencies become directly available, which is clearly responding high customer demand On this young asset class:
“By integrating the basic cryptocurrencies into our investment platform, we respond to the demand of some of our customers and continue to strengthen a wide range of products and services with a flexible and simple technological platform, which is supported by one of the leading world financial groups.”
Cotie de Monteverde, cryptomeager in Gropo Santander
With this new statement from its subsidiary OpenBank, the Santander group continues strengthen their positions in the cryptosphere . It should be noted that there is competition Among financial institutions that do not want to lose their relevance. Indeed only a few days ago another Great Spanish Bank, Banco Bilbao Vizcaya Argentaria, better known under its abbreviation BBVA, began to offer a service storage of cryptoactives .
Source: Journalducoin.com
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