Germany’s Sparkassen Start Crypto Trading in its Banking App at €0.99 per Order

The €0.99 fee is only part of the cost: each Deka quote adds a spread the price sheet does not disclose. Germany’s Sparkassen opened crypto trading in its banking app on Monday, starting with five savings banks and priced at €0.99 per order. The first five are Frankfurter Sparkasse, Taunus Sparkasse, Sparkasse Karlsruhe, Sparkasse Rottal-Inn and Niederrheinische Sparkasse RheinLippe. DekaBank, the securities house owned by the savings banks, runs the service under the name Krypto powered by Deka. Moving on, Sparkasse customers can trade Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL) and Polygon (POL) without a securities account, according to a report from Bloomingbit. Each Sparkasse decides for itself whether and when to join. The German Savings Banks Association (DSGV) told the dpa news agency that 30 to 40 more banks should join every month. DSGV executive board member Joachim Schmalzl said the group aims to connect a large share of interested Sparkassen in the first half of 2027. Deka Sets the Price Deka’s price sheet, dated September 2026, sets no minimum order and caps each trade at €250,000. Every trade runs as a request for quote. Deka returns a binding price for a limite...