2 hours ago
The integer banking limb of Spanish fiscal elephantine Santander Group, Openbank, opened cryptocurrency trading for customers successful Germany, with plans to adhd its location marketplace successful the adjacent fewer weeks.
The caller work allows users to buy, merchantability and clasp 5 fashionable cryptocurrencies: bitcoin (BTC), ether (ETH), litecoin (LTC), polygon (MATIC) and cardano (ADA), according to a press release. The cryptocurrencies are disposable alongside stocks, ETFs and concern funds.
Customers tin commercialized without moving funds to an outer platform, keeping each investments successful 1 spot nether Santander’s umbrella, the slope said.
“By incorporating the main cryptocurrencies into our concern platform, we are responding to the request of immoderate of our customers,” said Coty de Monteverde, caput of crypto astatine Grupo Santander.
The slope charges a 1.49% interest per transaction, with a 1 euro ($1.2) minimum, and does not see custody fees. The slope said it plans to adhd much cryptocurrencies and caller features, specified arsenic crypto-to-crypto conversions, successful coming months.
Santander Private Bank was backmost successful 2023 making headlines erstwhile it started letting clients with accounts successful Switzerland commercialized BTC and ETH. It selected crypto safekeeping exertion steadfast Taurus for custody.
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