How to Buy Cryptocurrency in Italy

Buying cryptocurrency in Italy

Buying cryptocurrency in Italy Surprisingly, Italy has not yet regulated ICOs and cryptocurrencies, although they are one of the leading countries in Europe. However, the Italian government considers adopting digital technologies to be one of their top priorities. With that in mind, they do have plans to regulate cryptocurrencies in the future, although the progress in this direction has been quite slow. After all, cash remains the most common way of carrying out financial transactions in the country. The government has plans to turn Italy into a cashless country to battle tax evasion. This will pave the way for alternative payment methods, including cryptocurrencies such as Bitcoin, Ethereum, and others. So far, the government has passed a legislation that aims to introduce and define blockchain and Smart Contracts. Although the Italian legal system does not recognize cryptocurrencies just yet, it is not illegal to purchase Bitcoin and other currencies in this country.
As of 20/03/2021

Exchanges Info

These exchanges all accept customers from Italy. While they broadly offer the same services and you can buy cryptocurrency at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below

Open a Bybit Account

Bybit

Based in Singapore and registered in the British Virgin Islands, Bybit is a P2P cryptocurrency exchange offering perpetual futures products with 100:1 leverage. Bybit can process 100k transaction per second which is a great feature for leveraged trading.

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