Salzburg-based online bank Dadat launches with crypto assets, charges 0.75% fee
No, it’s not the crypto dad (as the new website krypto.dad.at might suggest), but the Salzburg-based online bank DADAT Bank, a brand of Schelhammer Capital Bank AG. Today it has expanded its product portfolio to include cryptocurrencies. Via the newly licensed subsidiary DADAT Krypto GmbH, customers can now trade digital assets. “Crypto trading is another consistent step towards a comprehensive investment universe,” said board member Ernst Huber.
DADAT Krypto GmbH received a license from the competent regulatory authority to execute orders in crypto-assets in accordance with the EU regulation MiCAR (Markets in Crypto-Assets Regulation, Trending Topics already reported). The management of DADAT Krypto GmbH is in the hands of Marina Daichendt and Mario Rasser.
With this, DADAT is the first Austrian bank to have a subsidiary with its own MiCAR license. While Raiffeisen, for example, also offers crypto trading via its banking app, this is done there through a Bitpanda integration.
Integration into existing platform
Trading takes place via the existing DADAT Bank trading app as well as the web portal. At launch, around 50 crypto assets are available, including established currencies such as Bitcoin and Ethereum. The interface follows the familiar layout for traditional securities.
For trading, the bank charges a total fee of 0.75 percent of the exchange rate. This is divided into 0.50 percent in-house fees for DADAT Krypto GmbH and 0.25 percent third-party fees. For transactions under 500 euros, a minimum transaction surcharge of one euro applies. The custody of acquired crypto assets is handled by Tangany GmbH, a custody company regulated by BaFin and based in Munich.
For customers subject to taxation in Austria, tax settlement follows the principle of tax simplicity. DADAT Bank remits capital gains tax directly to the tax authorities.
More and more crypto players in Austria
Dadat Bank is now the eighth company to have secured one of the coveted crypto licenses in Austria – alongside Bitpanda, 21bitcoin, Bybit, CryptoNow, KuCoin, Coinfinity, and Amina Bank from Switzerland.
The Salzburg-based bank is already strongly positioned as an investment option and offers ETF savings plans, funds, securities depot, or gold savings plans – a direction many other banks have also taken in recent years. The bank wants to offer the “simplest and most modern banking and brokerage in Austria,” and apparently crypto now belongs to that as well.
Ownership of Dadat is complicated. Dadat Bank is the operating brand of Schelhammer Capital Bank AG, which in turn belongs to the GRAWE banking group. Dadat started in Austria in 2017 and reached approximately 55,000 customers in 2024 according to its own statements.
