Germany’s main savings bank network launches Bitcoin trading

DekaBank, the securities provider for Germany’s Sparkassen savings banks, launched crypto trading on Oct. 19, giving adult customers of participating banks a way to buy Bitcoin through the Sparkasse app after opening a Deka crypto account. The service, called “ Krypto – powered by Deka ,” also offers Ethereum, Solana, XRP and Polygon’s POL. Customers need a current account at a participating Sparkasse and open the crypto account through the app’s “Anlegen,” or investing, section. As checked on Oct. 20, Deka’s participating-bank list names Frankfurter Sparkasse, Sparkasse Rottal-Inn, Niederrheinische Sparkasse RheinLippe, Taunus Sparkasse and Sparkasse Karlsruhe.