The Best Platforms to Trade Crypto in Italy
The Best Crypto Exchange in Italy - Bybit
Тop cryptocurrency exchanges in Italy:
The best cryptocurrency exchanges in Italy meld user-friendly interfaces and low costs with a high level of security. Therefore, the profitability of your trades will depend on the cryptocurrency trading platform you choose. Also, they determine how easily you can buy and sell coins safely.
So, TU experts are introducing you to the best crypto exchange if you are looking for a safe, economical way to buy and sell cryptocurrency in Italy. Read on to learn about these top crypto exchanges and how to choose the best platforms to trade crypto in Italy.
Top 10 crypto exchanges in Italy 2024
| Supported assets | Spot fee | Futures fee | Bonuses and promo | Investment options | |
|---|---|---|---|---|---|
300+ |
0.1% |
Maker 0.01% Taker 0.06% |
Up to $50 bonus after registration |
Copy trading |
|
600+ |
Maker 0.10% Taker 0.10% |
0.012% |
$50 affiliate invitee Welcome Offer and 40% commission for every trade across Pool, Binance Spot, and Futures |
Copy trading |
|
500+ |
0.1% |
0.02% for the Maker and 0.06% for the Taker |
Welcome bonuses |
Copy trading |
|
226+ |
Maker 0.16% Taker 0.26% |
0.05% |
$10 BTC referral bonus |
Copy trading |
|
200+ |
0.05%-0.6% |
N/A |
$10 Bitcoin or 10 USD equivalent of your domestic currency referral bonus |
Staking |
|
190+ |
Maker 0.15% Taker 0.25% |
n/a |
Referral Code bonus of the 10.000 euros commission-free trades and temporary a 20 euro welcome bonus |
Copy trading |
|
173+ |
0.10%-0.20% |
0.0200% - Maker fee |
Signup Bonus |
Copy trading |
|
250+ |
0.075% |
Maker 0.017% Taker 0.034% |
Up to $50, Bitcoin Welcome Bonus using referral codes |
Copy trading |
|
60+ |
0.20% |
N/A |
Welcome Bonus |
Staking |
|
26+ |
0% |
Maker Fee 0.020% |
Welcome offer |
Copy trading |
Bybit - best for experienced crypto traders
Bybit is a crypto exchange that serves Italian customers and traders. Aside from PHP, the platform also supports BGN, BRL, CAD, CHF, COP, USD, and many other currencies. There is a 0.1% maximum taker’s fee and a 0.1% maximum maker’s fee. Bybit requires a minimum deposit of $1.
Bybit is a derivatives trading exchange that offers up to 100x leverage on transactions, among other features. Users can also connect bespoke trading bots to conduct many trades. Professional crypto traders and institutional investors would appreciate this feature. Bybit also offers margin trade for users. Additionally, Bybit's customer service department is one of the best in the industry.
ByBit offers a few advantages, including low-risk price manipulations, liquidations, and high bonuses. However, the downside is that the number of pairs is limited, and there are difficult conditions for futures trading.
👍 Pros
• One of the top exchanges for derivatives trading
• Liquidations and price manipulations are relatively low-risk
• Contracts can be settled in coins or USDT
• It offers a high bonus rate
• Advanced technology and tools
• Risk-free method of testing strategies and tools
• Offers great educational resources
👎 Cons
• The number of pairs available for trading is fairly limited
• Your personal information may be disclosed to partners for marketing purposes
• Not suited to spot trading
Binance - best lowest crypt trading fee exchange
Binance is a crypto exchange that serves Italian customers and traders. Aside from PHP, the platform also supports USD, INR, CNY, EUR, RUB, and many other currencies. For crypto trades under 50 BTC per month, Binance charges 0.1%, and fees decrease with the Binance coin (BNB) investments. The minimum deposit amount on Binance starts from $1.
The platform offers a few more features, such as the option to reduce trading fees when investing in the Binance coin (BNB) and Binance Lite as a beginner. Binance also offers 387+ crypto altcoins. Currently, Binance offers mobile and web applications.
Binance offers even more advantages such as low flat trading fees, low overall fees, staking, attractive savings rates, and access to the major coins. However, the downside to the basic platform is the lack of a user-friendly interface.
👍 Pros
• Over 380 altcoins are supported
• The processing fees are lower
• Traders can trade in high volumes
• Allows fiat deposits and withdrawals without fees
• Staking and savings rates are very attractive
• Ensures the safety and security of your crypto assets
• Customer service is available 24/7
👎 Cons
• The verification process is complicated
• Newcomers may find some of its advanced trading sites intimidating
• No margin trading
Bitget - best zero-fee broker
Bitget, established in 2018, is an excellent choice for those looking for the best crypto exchange in Italy. This top cryptocurrency exchange combines a variety of crypto trading services, user-friendly account management, and cutting-edge security measures.
With over 70+ trading pairs, Bitget has no account minimum and fees that range from 0.02% to 0.10%. Additionally, Bitget does not charge traders for cryptocurrency deposits, and trading costs vary depending on the type of trading activity.
Bitget is among the best crypto trading platforms and is evolving to meet global compliance standards in the cryptocurrency industry. Bitget complies with all relevant laws and rules, including KYC/AML rules.
👍 Pros
• Each coin has a different set of low trading fees, minimum withdrawal amounts, and daily trading limits
• Bitget accepts many online payment options, including bank transfers, PayPal, WebMoney, and multiple foreign e-wallets
• Bitget offers the best p2p crypto exchange
• In addition, Bitget uses sophisticated security measures like Secure Socket Layer Encryption, real-time monitoring, and firewall security
👎 Cons
• Bitget may be confusing for beginners due to its extensive feature set
Kraken - best for margin trading
Traders seeking a crypto exchange with top-notch security, low trading fees, and different crypto instruments should consider Kraken. This crypto exchange is among the best crypto exchanges in Italy that novice and professional investors can trust.
Kraken is a top choice for lower-volume traders interested in cryptocurrency trading and investing due to the flat purchasing fees they provide. While traders must be aware of all expenses and risks, they must also take precautions to secure their accounts using two-factor authentication.
👍 Pros
• Kraken provides user-friendly mobile applications and reasonable Bitcoin (BTC) withdrawal fees
• Kraken offers flat purchasing fees, which is a great advantage for traders who trade frequently
• They integrate a wide range of educational materials and responsive customer service
• Users of the Kraken Pro trading platform have access to several cryptocurrency trading markets, which is advantageous
• Kraken also provides a large selection of coins, margin trading options, and secure coin storage
👎 Cons
• They do not have a cryptocurrency credit card, and there is no insurance fund for the platform's assets
Coinbase - best for novice and expert traders
Coinbase is another top cryptocurrency exchange in Italy, with over 89 million users and more than 100 cryptocurrencies. Coinbase has a user-friendly interface and provides a massive resource focusing on beginner education.
Coinbase has a €50 minimum deposit requirement, and charges range from 0.5% to 1.50% (3.99% for credit card purchases). Additionally, there are options for traders with over 250 cryptocurrencies to choose from when trading a coin.
Coinbase prioritizes security, so it is among the best places to buy crypto in Italy. They offer a depositor guarantee program that protects the cash balance. The crime insurance feature guards a portion of customers' digital currencies against theft and cybersecurity breaches.
👍 Pros
• It is an excellent option for beginners because it has an online presence and apps for iOS or Android
• To access advanced features not found on the standard platform, advanced traders can use Coinbase Pro
• This top cryptocurrency exchange provides multi-signature wallets and cold storage to increase asset security
• Security is a top priority for Coinbase, and it is dedicated to doing whatever it takes to safeguard its users' assets
👎 Cons
• Transaction fees are relatively high and higher than the average for the sector
Bitvavo - best for novice traders
Bitvavo is another top crypto exchange in Italy that traders can trust for crypto-related transactions. As a duly registered and regulated crypto exchange, Bitvavo is a trustworthy and safe exchange for automated crypto trading. Additionally, they adhere strictly to all European anti-money laundering and counter-terrorism financing laws.
With no deposit fees and excellent customer support, you can be certain to have the best cryptocurrency trading experience. Fees on this platform are based on the trading volumes of users. With transparent and affordable trading fees, this cryptocurrency exchange makes digital assets available to new and seasoned cryptocurrency traders.
👍 Pros
• For market makers and high-volume traders, Bitvavo offers the most competitive rates
• Trading costs are transparent and reasonable
• Users can deposit and withdraw funds quickly with Bitvavo thanks to its integration with bank accounts
• It provides a broad selection of digital assets on a user-friendly trading platform
• When trading, storing, purchasing, and selling cryptocurrency, traders receive the best protection against malicious activities
👎 Cons
• Bitvavo does not offer traders leverage, fundamental trading instruments, CFD trading, or derivatives
Bitfinex - best crypto trading platform
Bitfinex is a crypto exchange that serves Italian customers and traders. Unfortunately, Bitfinex does not support PHP, but it does support USD, EUR, GBP, JPY, and CNH. This crypto exchange has a 0.2% maximum taker’s fee and a 0.1% maximum maker’s fee. The minimum deposit amount on Bitfinex starts from $10.
Bitfinex offers many features, including bank wire deposit/withdrawals, margin trading, and high liquidity. Bitfinex also offers 171+ different crypto coins.
There are a few advantages to trading on Bitfinex, including low trading fees, margin trading, derivatives, advanced order support, and various payment options. However, there is a downside to this exchange, which is the complexity of the verification process.
👍 Pros
• Leverage up to 1:10 (with derivatives up to 1:100)
• Custom orders are available
• Easily accessible mobile application
• Security on a top-tier level
• Unlimited withdrawals
• Orders are illustrated in chart form
• Demo account
👎 Cons
• Working with fiats involves relatively high fees
• Email is the only way to contact the customer support team
• Complex verification process
Crypto.com - best low-fee crypto exchange
Crypto.com is another principal crypto exchange on the list of the best crypto exchanges in Italy. The helpful tools this cryptocurrency exchange provides traders and investors have made it well-known. With these tools, traders can exchange, buy, sell, send, receive, and withdraw cryptocurrencies on Crypto.com.
From its beginnings as a platform for accepting cryptocurrency payments, Crypto.com has expanded to provide several products, including Visa cards, crypto pay at checkout, and various ways to earn cryptocurrency. Crypto.com is a platform with industry-standard security features needed for secured crypto transactions in Italy. Even though Crypto.com is a more cost-effective option for novice traders, low-volume traders enjoy trading with this cryptocurrency exchange.
👍 Pros
• Crypto.com wallets integrate biometrics, multi-factor authentication, and locally encrypted private keys
• Crypto.com provides an iOS and Android mobile app
• This top cryptocurrency exchange offers top-earning opportunities and among the cheapest crypto exchanges
• Additionally, they guarantee excellent security and offer a secure digital wallet
• The Crypto.com wallet supplies private keys, which are then locally encrypted on the user's device
👎 Cons
• Only minimal educational content is available on Crypto.com
Coinsbit - best for trading altcoins
The Coinsbit exchange is a platform for exchanging, buying, and selling cryptocurrencies. The company trades Bitcoin, Ripple, Litecoin, Bitcoin Cash, Ethereum Classic, and other cryptocurrencies. Defi coins are represented by Swipe, Loopeng, Republic, SushiTokerm, and Compound, etc. There are stablecoins. Coinsbit features crypto-fiat pairs with eight world currencies, including the US dollar and the Russian ruble. There is classic and advanced trading, trading through Metamask and OTC. Passive earning options include staking into blockchain projects and the ability to provide P2P loans. You can receive additional payments for participating in trading contests and the Bug Bounty Vulnerability Search Bonus Program. There is a three-level referral program, and you can enter your own coin on the platform.
👍 Pros
• The most popular cryptocurrencies are traded on this exchange
• There are eight crypto-fiat pairs
• There’s the opportunity to invest profitably in the blockchain
• Loans in crypto
• Convenient application for mobile trading
• Simplified and professional cryptocurrency trading
• High level of security (cold storage and WAF)
• High productivity (up to 10,000 trades per minute)
• Low but fixed commissions for trading operations
• A platform for launching cryptocurrency projects
👎 Cons
• No call center
• No training courses
BitMEX - best for experienced users
BitMEX is a cryptocurrency broker that provides crypto services to customers in Italy. Unfortunately, this crypto exchange does not accept PHP as a currency. On this crypto exchange, makers can expect to pay a maximum fee of 0.1%, while takers can expect a maximum fee of 0.075%. The minimum deposit starts from 0.0001 XBT.
BitMEX has several features that make it stand out, such as leverage up to 1:100 on margin trading, easy registration, and tons of crypto trading pairs.
BitMEX offers a few advantages, including a great educational resource and support system, deep liquidity for Bitcoin perpetual, and excellent customer support. Despite its advantages, there are some disadvantages, such as deposits and withdrawals only in Bitcoin, limited altcoins, and no support for PHP.
👍 Pros
• There are a lot of crypto trading pairs available
• Liquidity and trade value are high
• Margin trading with leverage up to 1:100
• There is no deposit fee on deposits
• Short positions can be used
• High level of security
• It has great educational materials and support
👎 Cons
• Crypto-to-crypto trading is the only option
• No PHP support
• The availability of altcoins is limited
How to choose a crypto exchange in Italy?
It might be incorrect to assume that all crypto exchanges are equivalent. This is because every top crypto exchange in Italy has a specific feature that makes it stand out. So traders in Italy must select a crypto exchange based on some criteria. Below are some factors to consider when seeking the best place to buy crypto in Italy.
Regulation and safety
Being regulated is among the features of the best crypto exchanges in Italy. So confirming if a crypto exchange is regulated and what agency monitors the trading operation is very important. This is because the security features offered by the crypto exchange determine how safe your assets are.
Fees
Another factor to consider when seeking the best place to buy crypto in Italy is the transaction or trading fee. The top cryptocurrency exchanges in Italy impose trading commissions and bid-ask spreads as fees. Selecting low-fee platforms helps maximize profits because different crypto exchange fees differ significantly.
Benefits for Italian clients
Some of the top crypto exchanges in Italy provide incentives specifically for Italian crypto investors and traders. And these special offers or features give traders the best experience investing in crypto. Some of these benefits include:
Euro support for cryptocurrency purchases
Italian language version or support
Special offers or bonuses
Investment options
Research the investment options offered by a crypto exchange. The best crypto exchange in Italy supports different coins, including all the major ones like Bitcoin, Ethereum, USDT, and Dogecoin. Therefore, ensure to inquire about the crypto exchange's coin support capacity.
Security
Understanding the security measures a crypto exchange uses is crucial. The top cryptocurrency exchange in Italy enforces multiple levels of security, including two-factor authentication and at least 95% cold storage. You may want to check if the crypto exchanges incorporate daily offsite backups, third-party security audits, and email confirmations on transactions.
User interface
Choosing a platform with a user-friendly trading interface is essential, especially for beginners, because cryptocurrency trading can be challenging. Even seasoned traders need access to a trading platform with more sophisticated features that is simple to use.
Deposit and withdrawal options
Find out if the crypto exchange offers payment methods like bank transfers, Skrill, debit/credit cards, wire transfers, PayPal, etc. Some of these payment options simplify the procedure for adding money to and taking money out of your account.
Customer support
The best app to buy crypto incorporates knowledgeable, accommodating support teams to guide users through any issues that may arise. So learning what services and channels a top crypto exchange provides to offer support is crucial.
How to buy crypto in Italy?
Purchasing crypto from the best crypto exchange in Italy is straightforward. Below, using Binance (lowest fee crypto exchange) as an example, traders are shown how to buy cryptocurrency in Italy.
1: Register for a trading account
The first step in purchasing cryptocurrencies is to locate the best crypto trading platform and register for a broker account.
2: Complete the KYC verification process
Finish the process of identity verification after opening a new account. The cryptocurrency exchange might request some personal information from traders as a result. However, the cryptocurrency exchange ensures that no third-party services ever receive the provided information.
3: Make a fiat deposit
You can deposit money in fiat after the KYC verification by following the instructions provided on the next prompt.
4: Buy cryptocurrency
You can now purchase your preferred cryptocurrency after depositing fiat.
5: Send your Bitcoin to a personal wallet
For security reasons, withdraw your cryptocurrency from the exchange after purchasing it. This guarantees traders' privacy and gives them total control over their crypto assets.
Is it a good time to buy Bitcoin in Italy now?
Do your research, and based on your reasons (trading or HODLNG) for investing in crypto, decide if it is the coin you need. But you need to learn about the advantages and disadvantages of investing in Bitcoin.
👍 Pros
• Cryptocurrencies reduce economic risks that could cause people's savings to lose value, which helps to lower inflation and prevents currency depreciation
• Due to its widespread reputation, Bitcoin is one of the most widely used cryptocurrencies, and its popularity will never decrease
• Bitcoin is among the popular cryptocurrencies that can resist devaluation in a way; even when the price drops, it rises over time
👎 Cons
• Even though Bitcoin's value is rising, it is still very erratic right now. There is no assurance that the price will rise without decreasing in the future
• Regulation proposals from the government in response to the FTX crash could undermine the decentralized nature of cryptocurrencies like Bitcoin
Do crypto exchanges support the Euro?
Yes. Some of the best crypto exchanges in Italy support the euro and offer fiat currency funding options. Crypto exchanges like Binance, Crypto.com, Coinbase, Kraken, etc. support the euro. These crypto exchanges provide services to a worldwide clientele. As a result, they provide trading pairs for the Euro along with other fiat currencies like the US dollar (USD), pound sterling (GBP), and yen (JPY). For instance, traders who use Coinbase's services can use SEPA transfers to deposit EUR into their Coinbase accounts.
Rules and Regulation
Licensing in Italy
Crypto exchanges are overseen by the Italian Companies and Exchange Commission (CONSOB). CONSOB’s rules for crypto exchanges refer to compliance with Know Your Client and Anti-Money Laundering (KYC/AML) requirements, security of client assets, and regular submission of financial statements.
Investor protection in Italy
CONSOB is responsible for investor protection in Italy, but there are no specialized mechanisms for protecting cryptocurrency traders.
Taxation in Italy
Profits earned by private individuals from trading digital assets are subject to a 26% income tax, but only in the case when the profits exceed the value of EUR 51,645.69 in cryptocurrency. Tax rates change at the beginning of every year.
Summary
Many online platforms claim to be the best crypto exchange in Italy. While some are credible, there is a need to research these crypto exchanges before purchasing or trading crypto with them. However, Bybit, Binance, Kraken, Coinbase, Bitvavo, BitGet Crypto.com, Coinsbit, Bitfinex, and BitMEX are some of the best cryptocurrency exchanges in Italy where you can trade securely.
FAQs
What crypto exchanges are used in Italy?
Bybit, Binance, Kraken, Coinbase, Bitvavo, BitGet Crypto.com, Coinsbit, Bitfinex, and BitMEX are among the best crypto exchanges in Italy.
Which is the best crypto exchange in Europe?
Bybit, Binance, Kraken, Coinbase, Bitvavo, BitGet, and Crypto.com make the list of the best crypto exchanges in Europe.
Which crypto exchange is the best?
The best crypto exchange satisfies different investor trading needs, and reviews about crypto exchanges like Bybit, Binance, and Kraken show they are among the best.
Which bank in Italy is crypto-friendly?
FinecoBank is one of the best crypto-friendly banks in Italy, and they offer a range of crypto services, including a dedicated team of experts to help clients navigate the crypto landscape.
Methodology for compiling our ratings of crypto exchanges
Traders Union applies a rigorous methodology to evaluate crypto exchanges using over 100 quantitative and qualitative criteria. Multiple parameters are given individual scores that feed into an overall rating.
Key aspects of the assessment include:
User reviews. Client reviews and feedback are analyzed to determine customer satisfaction levels. Reviews are fact-checked and verified.
Trading instruments. Exchanges are evaluated on the range of assets offered, as well as the breadth and depth of available markets.
Fees and commissions. All trading fees and commissions are analyzed comprehensively to determine overall costs for clients.
Trading platforms. Exchanges are assessed based on the variety, quality, and features of platforms offered to clients.
Extra services. Unique value propositions and useful features that provide traders with more options for yield generation.
Other factors like brand popularity, client support, and educational resources are also evaluated.
Team that worked on the article
Peter Emmanuel Chijioke is a professional personal finance, Forex, crypto, blockchain, NFT, and Web3 writer and a contributor to the Traders Union website. As a computer science graduate with a robust background in programming, machine learning, and blockchain technology, he possesses a comprehensive understanding of software, technologies, cryptocurrency, and Forex trading.
Having skills in blockchain technology and over 7 years of experience in crafting technical articles on trading, software, and personal finance, he brings a unique blend of theoretical knowledge and practical expertise to the table. His skill set encompasses a diverse range of personal finance technologies and industries, making him a valuable asset to any team or project focused on innovative solutions, personal finance, and investing technologies.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).