Best Crypto Exchanges in Italy

Best Cryptocurrency Exchanges in Italy

We’ve tested 30 crypto exchanges available to Italian traders and identified the five best options. Each platform was evaluated for compliance with Italy’s Organismo degli Agenti e dei Mediatori (OAM) under the VASP framework and readiness for MiCA regulations. Our analysis prioritized asset variety, regulatory compliance,  trading fees, and EUR deposit options. 

Below is a quick comparison of Italy’s top five exchanges, with detailed breakdowns of each to follow.

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1. Kraken

Kraken is the top choice for Italian crypto investors, offering reliability backed by solid regulatory credentials. As a registered Virtual Asset Service Provider (VASP) with Italy’s Organismo degli Agenti e dei Mediatori (OAM), Registration No. PSV35, Kraken delivers security and transparency with regular third-party audits of its proof-of-reserves.

With over 290 cryptocurrencies available, Kraken lets users trade spot and futures markets, with up to 5x leverage. For those looking to diversify, it also provides staking options, NFT trading, Kraken Wallet, and an OTC desk for big moves. Italian traders gain from Kraken's deep liquidity and competitive spreads, particularly valuable for those executing large transactions.

• Fees: Maker fees at 0.16%, taker fees at 0.26%
• Supported Assets: Over 290 cryptocurrencies
• Regulation and Licensing: Registered in Italy with the OAM (Registration No. PSV35)
• EUR Deposit Methods: SEPA, IBAN, bank transfers, PayPal, credit cards, and debit cards

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2. Bybit

Bybit leads the pack for crypto futures trading in Italy, ideal for advanced traders seeking high-leverage opportunities with perpetual contracts up to 100x. Built for users who want powerful trading tools, Bybit includes AI-driven analysis through TradeGPT, copy trading options, and automated bots like the Grid Bot and Futures Combo Bot to fine-tune trading strategies.

Beyond trading, Bybit offers extras like the Bybit Card, which gives up to 10% cashback, plus demo trading, NFT trading, lending, borrowing, and staking options. With over 1,500 cryptocurrencies and a massive global user base exceeding 54 million, Bybit has cemented itself as a go-to for serious derivatives traders.

• Fees: 0.02% maker fee and 0.055% taker fee for futures; spot trading fees start at 0.1%
• Supported Assets: Over 1,500 digital assets
• Regulation & Licensing: Operates under CySEC regulations and is available in Italy
• EUR Deposit Methods: Bank transfers, debit and credit cards, SEPA, IBAN, Google Pay, Apple Pay

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3. Uphold

Uphold is Italy’s top pick for newcomers. Its simple mobile trading app makes trading crypto easy. Users can access over 300 assets, from cryptocurrencies to precious metals like gold and silver, all within one account. Its one-step trading feature is a standout, letting users move between assets without extra conversions, a huge plus for anyone looking to keep things simple.

For spending flexibility, the Uphold Card allows users to spend crypto directly, with no foreign transaction fees when used abroad. Uphold is known for its transparency, publishing its asset and liability data every 30 seconds, giving users clear insight into the platform’s financial stability and their assets under custody.

• Fees: 0% commission on trades; spreads vary by asset
• Supported Assets: 300+ assets, including cryptocurrencies, metals, and fiat currencies
• Regulation & Licensing: Registered with the FCA in the UK, available in Italy
• EUR Deposit Methods: Bank transfers, SEPA, Apple Pay, credit and debit cards

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4. Binance

Binance holds the title as the world’s largest and most trusted crypto exchange, serving over 236 million users globally. Known for unmatched liquidity, it’s the top choice for Italian investors who need efficient execution of large orders on assets like BTC, ETH, and SOL. With access to over 350 assets, Binance has low fees and trading options from spot and futures to options.

The Binance ecosystem is a powerhouse, with Binance Earn for staking and lending, an NFT marketplace, and educational resources via Binance Academy. For those needing deep insights, Binance Research provides institutional-grade analysis, while its native BNB Chain offers DeFi opportunities. Security remains paramount, with multi-factor authentication, cold storage, and regular reserves audits.

• Fees: Maker and taker fees both start at 0.1%
• Supported Assets: 350+ cryptocurrencies
• Regulation & Licensing: Binance Italy S.R.L. is a registered Digital Asset Service Provider (DASP) with Italy’s Organismo Agenti e Mediatori (OAM), Registration No. PSV5
• EUR Deposit Methods: SEPA transfers, bank transfers, credit and debit cards

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5. Gate.io

Gate.io stands out as the leading choice for altcoin traders in Italy, offering unmatched access to over 2,600 digital assets. From spot and margin trading to perpetual futures with 100x leverage, Gate.io provides flexibility for all trading levels. Serving over 16 million users worldwide with daily volumes surpassing $8 billion, it’s a go-to for serious altcoin investors.

Innovative features like Copy Trading let users replicate top traders' strategies, while advanced tools like grid and DCA bots enhance trading precision. Gate.io also brings Web3 functionalities into play, with decentralized wallets, NFT trading, and cross-chain swaps for more dynamic asset management.

• Fees: Maker fees at 0.1%, taker fees at 0.2%
• Supported Assets: 2,600+ digital assets
• Regulation & Licensing: Accessible to Italian users, though not directly licensed in Italy
• EUR Deposit Methods: Bank transfers, SEPA, debit/credit cards, and PayPal

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Is Crypto Regulated in Italy?

Yes, Italy regulates cryptocurrency, focusing on anti-money laundering (AML) compliance. Since January 2023, crypto providers offering token sales, exchanges, or custody must register with the Organismo degli Agenti e dei Mediatori (OAM) under the Virtual Asset Service Provider (VASP) framework. This registration enforces AML standards and transparency, setting Italy up for EU-wide Markets in Crypto Asssets (MiCA) rules expected soon.

Italy is actively preparing for MiCA, which will extend regulatory oversight to include asset-backed tokens, lending, and staking. A draft decree has been released for consultation, signaling Italy’s intent to align with MiCA once it is fully adopted. Until then, the OAM registry serves as the main compliance requirement for crypto companies.

Currently, exchanges and custody services are legal but largely regulated for AML. Foreign providers need an Italian branch or subsidiary and OAM registration to operate locally. Reverse solicitation allows Italians to use offshore platforms if they initiate contact, though MiCA may add further specifics.

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How is Crypto Taxed in Italy?

Crypto capital gains in Italy are taxed at 26% on profits over €2,000, with oversight by the Revenue Agency. This tax applies to gains from selling crypto for euros, using crypto for purchases, and trading NFTs or stablecoins.

In 2025, a new law will increase this tax rate to 42%, signaling a shift as Italy seeks to capture more revenue from the expanding crypto sector. This hike reflects Italy’s broader strategy to regulate and control crypto assets more tightly.

Gains are calculated by subtracting the original cost basis from the sale price, using Italy’s Last In, First Out (LIFO) method, where the latest purchase cost applies for disposals. Taxpayers are responsible for reporting crypto gains to the Revenue Agency under these guidelines.

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How to Buy Bitcoin in Italy

Buying Bitcoin in Italy is simple and secure through an exchange registered with Italy’s OAM under the VASP framework. Here’s a quick rundown:

1. Create an Account: Head to a regulated platform, register, and verify your identity by uploading a photo ID and, if requested, a selfie or proof of address.
2. Deposit Euros (EUR): Go to the deposit section, select EUR, and enter the amount to transfer. Complete the transaction with your preferred method, like a bank transfer or credit card.
3. Select Bitcoin: In the trading section, search for Bitcoin (BTC) and pick the EUR/BTC trading pair to check the rate. Decide between a market or limit order based on your trading style.
4. Execute the Trade: Hit "buy," enter the amount of Bitcoin or EUR to spend, review the order, and confirm the trade.

This guide walks Italian users through buying Bitcoin, from account setup to hitting that final trade button.

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Bottom Line

For Italian crypto investors, picking the right exchange means balancing security, fees, and compliance with features that fit their trading style. Kraken and Binance deliver on regulatory compliance, while Bybit and Gate.io offer solid options for those diving into more advanced trading.

With Italy’s tax rates rising and MiCA regulations expected soon, keeping up with these shifts is key. A strong, compliant platform not only aligns with Italy’s standards but also helps users stay prepared for whatever regulatory updates come next.