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French Banking Giant BPCE Rolls Out Crypto Trading for Millions of Users

Key Takeaways

  • BPCE will launch crypto trading in its banking apps, starting December 8, with 2 million users in four regions getting early access;
  • Users can trade Bitcoin, Ethereum, Solana, and USDC via Hexarq with a €2.99 monthly fee and 1.5% trade commission;
  • The rollout aims to reach all 12 million BPCE retail customers by 2026, which follows gradual testing and adoption across its network.

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French Banking Giant BPCE Rolls Out Crypto Trading for Millions of Users

BPCE, a French banking group, has announced plans to introduce crypto trading directly in its mobile applications.

Starting on December 8, around 2 million users in four regional banks, such as Banque Populaire Île‑de‑France and Caisse d'Épargne Provence‑Alpes‑Côte d'Azur, will gain access first.

The goal is to eventually make this service available to all 12 million of BPCE's retail customers by 2026.

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People using the service will be able to buy and sell cryptocurrencies like Bitcoin BTC $91,356.29 , Ethereum ETH $3,126.01 , Solana SOL $135.53 , and USDC USDC $0.9986 directly inside their normal app through a digital asset account operated by Hexarq, BPCE's digital assets branch.

Each user will pay a €2.99 (about $3.48) monthly fee and a 1.5% commission on each transaction, with a minimum fee of $1.16 per trade.

The service will roll out in stages, as the group wants to see how it works among the initial users before making it available to everyone. This approach is meant to help the bank handle any issues as the program expands.

Other European institutions, including BBVA and Openbank by Santander, have already begun offering similar crypto features in their mobile banking services.

Recently, several large US banks quietly experimented with stablecoins, crypto trading, and digital asset storage through early programs with Coinbase. What did Coinbase's CEO Brian Armstrong say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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