Germany’s Sparkassen banks launch crypto trading for five major tokens

Germany’s Sparkassen savings banks have launched a new feature that lets users at select institutions trade five leading cryptocurrencies without the hassle of a new brokerage account. Summary Germany’s Sparkassen savings banks began offering cryptocurrency trading through their existing banking app on October 19, 2026. The service supports Bitcoin, Ethereum, XRP, Solana and Polygon, with a reported €0.99 order fee plus trading spreads. DekaBank provides trading and custody, while participating savings banks decide individually when to introduce the service. More than 230 institutions have reportedly expressed interest, with 30 to 40 additional banks expected to join each month. Customers retain exposure to cryptocurrency losses, and the assets do not qualify for Germany’s statutory bank deposit insurance. According to DekaBank’s official product information, the service, called “Krypto, powered by Deka,” allows eligible customers to trade Bitcoin, Ethereum, XRP, Solana and Polygon directly within the Sparkasse app. The service launched on October 19, 2026, at select Sparkassen savings banks, with more institutions expected to join in phases. Customers can access the service throug...