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…