Openbank launches its cryptocurrency trading service in Spain

• Customers will be able to buy, sell and hold Bitcoin, Ether, Litecoin, Polygon and Cardano alongside their other investments.
• The bank becomes one of the first Spanish institutions to offer these products within the European regulatory framework.

Openbank, Santander Group’s 100% digital bank, is expanding its investment offering with the launch in Spain of a new service for trading leading cryptocurrencies.

As of today, the bank’s customers can buy, sell and hold Bitcoin, Ether, Litecoin, Polygon and Cardano, all within Openbank’s app or website, with no need to transfer funds to external platforms.

This service is launched in full compliance with the European Markets in Crypto-Assets Regulation (MiCA), which strengthens investor protection and transparency in transactions involving digital assets. In addition, customers benefit from the backing and security of Santander Group, positioning Openbank one of the first Spanish banks to offer this type of service within the European regulatory framework.

Over the coming months, the bank will continue to expand its cryptocurrency range and introduce new features, including the ability to exchange one crypto-asset for another. The new service offers competitive fees of 1.49% per transaction (with a minimum of €1) and no custody fees.

This cryptocurrency trading service, recently launched in Germany, further strengthens the range of investment products and services Openbank offers to investors. Its offering includes an automated investment service (robo-advisor), a catalogue of more than 3,000 stocks, 3,000 investment funds from over 123 asset managers, and more than 2,000 ETFs. In addition, customers have access to a brokerage platform that incorporates artificial intelligence tools, providing price targets for more than 1,000 stocks across Europe and the United States.

Press Kit

• Press Release in English