Summary: Italy is embracing cryptocurrency with clear rules under the EU's MiCAR framework, designed to bring order to the market across EU member states. The Organismo Agenti e Mediatori (OAM) and CONSOB oversee these efforts and ensure compliance with exchanges.
Based on our research, here are the top five crypto investment platforms in Italy:
Kraken leads for Italian investors with its OAM license, broad crypto options, transparent reserves, and advanced tools like staking and futures trading.
Registered with OAM under registration No. PSV35
320+ Cryptocurrencies for Spot & Futures Trading
SEPA, IBAN, Bank Transfer Credit Card and Debit Card
Top Crypto Trading Platforms in Italy
There are over 30 crypto exchanges operating in Italy under the oversight of the Organismo Agenti e Mediatori (OAM) and CONSOB. Our team tested and ranked the top options based on Euro deposit options, supported digital currencies, features, security measures, and fees. Below is a detailed comparison table of the five best crypto platforms for Italian investors.
1. Kraken
Kraken is the most trusted digital asset platform in Italy, serving over 10 million users. It offers more than 320 cryptocurrencies for spot trading plus 100+ futures contracts with up to 5x leverage. Due to its global accessibility, the interface can be used in Italian and 8 other languages.
As a registered Virtual Asset Service Provider (VASP) with the OAM, Kraken provides complete transparency with regular external audits of its 1:1 proof-of-reserves. The platform is highly secure and implements advanced safety measures like two-factor authentication (2FA) and cold storage.
Kraken Pro is a key feature designed for advanced users and institutions, offering an OTC desk, staking services, and futures trading. Additionally, Kraken Wallet supports multiple blockchains, allowing users access to decentralized finance (DeFi) applications like lending protocols.
- Fees: Maker fees are 0.16%, and taker fees are 0.26%.
- Supported Assets: Over 320 cryptocurrencies.
- Regulation & Licensing: Registered as a VASP with the OAM (Registration No. PSV35).
- EUR Deposit Methods: SEPA, IBAN, bank transfers, PayPal, credit cards, and debit cards.
2. Uphold
Uphold is a user-friendly cryptocurrency exchange in Italy known for its transparency and 1:1 reserve backing. The platform’s security is one of its key attractions, with a strict no-lending policy for customer funds, ensuring assets are always available and withdrawable.
It supports over 250 cryptocurrencies, plus 4 commodities and 27 fiat currencies, making it a versatile option for investors. The multi-asset wallet supports seamless conversion between cryptocurrencies and fiat, making it suitable for users seeking diversification.
There is also a unique AutoPilot feature for automated purchases, staking services with up to 28% APY, and a crypto debit card that has up to 5% cashback rewards paid out in fiat. Serving over 10 million users in 150+ countries, Uphold accepts deposits in Euros and 50 other currencies.
- Fees: Crypto trading fees range between 0.8% - 1.49%.
- 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.
3. Binance
Binance is the world’s largest cryptocurrency exchange, with over 250 million users across Italy and 100 other countries. It supports trading for over 350 cryptocurrencies and offers advanced features such as spot trading, margin trading, and futures trading with leverage up to 50x.
It provides innovative products like Binance Earn, allowing users to stake hundreds of tokens, a lending and borrowing feature, an NFT marketplace and the Binance Card, which enables users to spend their crypto anywhere Mastercard is accepted.
The platform also integrates DeFi through its blockchain, Binance Chain, which is powered by its native token, BNB Coin. There is an in-built wallet, Binance Wallet, which can interact with numerous networks and applications, including lending protocols and on-chain staking.
- 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 OAM (Registration No. PSV5).
- EUR Deposit Methods: SEPA transfers, bank transfers, credit and debit cards
4. Bitpanda
Bitpanda is an investment platform recommended to Italian users seeking to diversify their portfolios across various asset classes. The platform offers access to over 3,000 digital currencies, stocks, ETFs, and precious metals. Users can trade crypto on spot spot and futures.
The user-friendly design appeals to beginners, providing features such as savings plans for automated, recurring investments and staking services that allow users to earn rewards. Italian investors can easily fund their accounts using EUR through SEPA, bank transfers and cards.
Security is a top priority for Bitpanda, employing measures like cold storage and advanced encryption to safeguard user assets. The platform's transparency is further enhanced by its real-time proof-of-reserves, ensuring users have confidence in the safety and availability of their funds.
- Fees: Crypto trading fees start from 1%.
- Supported Assets: Over 3,000 cryptocurrencies, ETFs, indices, commodities and stocks.
- Regulation & Licensing: Fully regulated by the OAM in Italy under register number MI2632104.
- EUR Deposit Methods: SEPA transfers, Apple Pay, Skrill, Neteller, bank transfers, and credit/debit cards.
5. Young Platform
Young Platform is Italy's premier cryptocurrency exchange that is based in Turin. The platform provides access to 50 cryptocurrencies with zero-fee trading. It offers Young Platform Step for gamified learning and earning and an Academy offering over 200 free lessons on crypto and blockchain.
Compliance with European regulations ensures that users' privacy and data protection rights are upheld. Users can conveniently deposit euros through various local payment methods, including SEPA transfers, bank transfers, and credit/debit cards.
With a growing community of over 2 million users, it continues to expand its offerings, recently launching a 'pay-to-card' service in partnership with Checkout.com and Visa, allowing instant withdrawals to cards. Young Platform Earn allows users to grow their holdings through staking.
- Fees: Competitive fees start at 0.2% per trade.
- Supported Assets: Over 50 cryptocurrencies.
- Regulation & Licensing: Fully compliant with Italian regulations and registered as a VASP.
- EUR Deposit Methods: SEPA transfers and local payment methods.
Is Crypto Regulated in Italy?
Italy enforces the EU’s Markets in Crypto-Assets Regulation (MiCAR), establishing clear rules for crypto platforms and issuers of Asset-Referenced Tokens (ARTs) and Electronic Money Tokens (EMTs). The framework aims to improve market transparency, protect investors, and ensure stability.
Crypto activities are regulated under the supervision of the Ministry of Economy and Finance (MEF). The MEF mandates that Virtual Asset Service Providers (VASPs) register with the Organismo Agenti e Mediatori (OAM) and comply with stringent anti-money laundering (AML) and counter-terrorist financing (CFT) regulations.
For investors, this means stronger security, mandatory identity verification (KYC), and greater transparency around fees and reserves. These measures make Italy a prominent player in crypto regulation across the EU.
How is Crypto Taxed in Italy?
Italy’s cryptocurrency tax framework for 2025 introduces detailed rules for capital gains and asset valuation, following government revisions to earlier, controversial proposals. The updated framework includes:
- Capital Gains Tax: Gains from cryptocurrency transactions are taxed at 26%. A previously proposed hike to 42% was abandoned after criticism, with an increase to 33% confirmed for 2026.
- Stamp Duty: A 0.2% levy applies to the total value of cryptocurrencies held with Italian custodians.
Investors must report all gains to the Agenzia delle Entrate (Revenue Agency). The removal of the €2,000 exemption threshold means all crypto profits, regardless of size, are now taxable.
To comply with these rules, investors should maintain detailed transaction records, consider crypto tax tools, and consult professionals for guidance on portfolios and trading activity.
Cryptocurrency Adoption in Italy
Italy’s cryptocurrency market is growing steadily, with revenue projected to reach $617.10 million by mid-2025.
In 2025, user penetration is forecasted at 15.83%, climbing to 16.97% by 2028, with over 10 million users engaging with cryptocurrencies.
Popular global exchanges such as Binance and Coinbase have a strong presence in Italy, supporting this growth and fostering a robust crypto ecosystem that aligns with EU regulations.
How to Buy Bitcoin in Italy
Italian investors can purchase Bitcoin through exchanges that comply with the Organismo Agenti e Mediatori (OAM) regulations. Follow these steps to begin:
- Select an Exchange: Choose a reliable platform that adheres to Italian and EU regulations.
- Create an Account: Register using your email address and complete the Know Your Customer (KYC) process by providing a government-issued ID and proof of address.
- Deposit Euros: Go to the deposit section and select your preferred payment method. Enter the amount of EUR you wish to invest and confirm the transaction.
- Locate Bitcoin (BTC): Use the search function on the exchange’s trading interface to find Bitcoin. Select the BTC/EUR trading pair to initiate your purchase.
- Execute the Trade: Enter the amount of Bitcoin you want to buy, review the transaction details (including current prices and applicable fees), and confirm the trade.
Once the transaction is complete, your Bitcoin will appear in your exchange wallet. Consider transferring your Bitcoin to a private wallet where you control the keys.
Bottom Line
Italy has become a popular destination for cryptocurrency investors in Europe, driven by the implementation of the Markets in Crypto-Assets Regulation (MiCA) by Italian authorities.
Global cryptocurrency exchanges such as Kraken, Uphold, Binance, Bitpanda, and Young Platform have established a strong presence in Italy, providing users with secure platforms to invest in digital assets.