Openbank Just Launched Crypto Trading in Germany—Spain Is Next on the Radar

Traditional finance meets digital assets—Openbank rolls out crypto trading in Germany, with Spain next in line.

Why It Matters

Banks are finally waking up to crypto demand. Openbank’s move signals a shift—mainstream adoption isn’t coming, it’s already here.

What’s Next?

Expect more legacy players to jump in. Slow, cautious, and about five years late—but hey, at least they’re trying.

Bottom Line: Another brick in the wall of institutional crypto acceptance. Better late than never, right? (Unless you missed the 2021 bull run—then it’s just late.)

Crypto joins Openbank’s portfolio of stocks, funds, and ETFs

The crypto service comes with a 1.49% transaction fee (minimum €1) and no custody costs, with plans to add more digital assets and enable crypto-to-crypto conversions in the coming months.

The rollout plugs directly into Openbank’s push to bulk up its investment arsenal, which already spans a Robo Advisor, more than 3,000 stocks, 3,000 investment funds, 2,000 ETFs, and a new broker platform that dishes out target prices on over 1,000 European and U.S. equities.

With regulated crypto trading now on the menu, Openbank is staking its claim as one of the first European digital banks to fuse traditional assets with digital ones. The MOVE doesn’t just broaden its reach — it raises the bar for rivals that may be forced to follow as MiCA’s rules reshape the market.

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