Sparkasse Crypto Custody: Why You Get No Key to Your Bitcoin and What to Check First
When your Sparkasse starts offering Bitcoin in October, you will not be buying coins that you then move to a wallet of your own. You receive a position in your securities account, and the cryptographic keys behind it stay with the bank. That is the central difference between what a high-street bank offers and an account at a crypto exchange, and it decides what you can actually do with your holdings later on.