Banco Santander, Spain’s biggest bank and Europe’s fourth largest, now supports crypto trading.
Since yesterday, German users of the company’s all-digital platform, Openbank, can buy, sell, and trade five tokens: $BTC, $ETH, $LTC, $MATIC, and $ADA.
As mainstream crypto adoption expands, newer projects with their own trading bots, like Snorter Token ($SNORT) , stand to benefit.
Banco Santander Now Offers 1.49% Crypto Trading Fees
According to an official press release , Banco Santander’s new crypto service comes with a competitive 1.49% trading fee (minimum €1) and no custody fees.
You also won’t have to move funds to another platform, and investor protections are guaranteed under Europe’s MiCA regulation .
Grupo Santander’s Head of Crypto, Coty de Monteverde, says the expansion