Summary: In Italy, top crypto exchanges are known for their licenses and supervision under the watchful eye of the Organismo Agenti e Mediatori (OAM). By adhering to strict regulations and undergoing thorough evaluations by independent financial institutions, these platforms guarantee maximum safety and security for Italian investors and their assets.

We have compiled a list of the top 5 crypto exchanges in Italy that offer a combination of user-friendly interfaces, a variety of trading options, and competitive fees:

  1. Binance - Best Exchange in Italy
  2. Bybit - Best Derivatives Trading and No-KYC
  3. Uphold - Best for Beginners
  4. Kraken - Good Option for Institutional Investors
  5. Young Platform - Good Exchanges Based in Italy

Best Crypto Exchange in Italy - Binance

Platform Highlights

  • Trade 350+ Cryptocurrencies and Bitcoin with industry-leading fees.
  • Licensed and Regulated by the Organismo Agenti e Mediatori (OAM).
  • Largest global exchange with over 100 million users.
Best Crypto Exchange in Italy
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Table of Contents

1. Binance

Binance stands out as the top exchange designed specifically for Italian crypto investors, complying with stringent regulations set by the Organismo Agenti e Mediatori (OAM) to guarantee a secure and reliable trading environment. Boasting an expansive range of over 350 cryptocurrencies and a comprehensive platform that includes spot trading, futures trading, and more, Binance Italy caters to diverse trading needs.

Furthermore, the platform provides competitive fees starting at just 0.1% and swift Euro (EUR) deposits, ensuring seamless compatibility with all major Italian banks and payment methods. Binance Italy thus presents itself as a highly convenient and cost-efficient option for the nation's burgeoning crypto enthusiast community.

Binance - Best Platform for Deep Liquidity
Binance - Best Overall Exchange.

2. Bybit

Bybit ranks as the second-best platform for Italian crypto investors, primarily due to its excellence in derivatives trading and its no-KYC policy. This platform specializes in providing a seamless experience for those interested in trading cryptocurrency derivatives, offering a variety of advanced trading tools and options. Additionally, the no-KYC feature allows for swift account registration and enhanced privacy, making Bybit an attractive choice for Italian traders who prioritize efficiency and anonymity in their cryptocurrency transactions.

Bybit - Best in Italy for Derivatives and no KYC.
Bybit - Best in Italy for Derivatives and no KYC.

3. Uphold

Uphold is recognized as the third best platform for Italian crypto investors, particularly appealing to beginners due to its regulated status under the European Securities and Markets Authority (ESMA), which guarantees a secure and trustworthy trading environment.

With a notable selection of over 250 cryptocurrencies, Uphold meets the needs of various investment interests. Additionally, the platform offers zero fees and instant Euro (EUR) deposits, supporting all major Italian banks and payment methods, making it a remarkably convenient and cost-effective option for Italy's growing community of crypto newcomers.

Uphold - Best Exchange in Italy.
Uphold - Best Exchange in Italy.

4. Kraken

Kraken emerges as the next best platform for Italian crypto investors, particularly for institutional clients seeking top-notch white-glove OTC services on large-cap crypto assets. The platform distinguishes itself by catering to the unique needs of high-net-worth individuals and institutional investors, providing personalized support and secure, efficient execution of large-scale transactions. With its focus on premium OTC services, Kraken is an ideal choice for Italian investors who require a sophisticated platform tailored to manage significant investments in the cryptocurrency space.

Kraken - Best for OTC Trading in Italy.
Kraken - Best for OTC Trading in Italy.

5. Young Platform

Young Platform emerges as the next best platform for Italian crypto investors, standing out as the premier Italy-based platform with its headquarters in Turin. By offering a local and accessible solution for Italian crypto enthusiasts, Young Platform fosters a sense of trust and familiarity while ensuring a seamless trading experience. The platform's strong local presence and understanding of the Italian market make it an appealing choice for investors who value the convenience and security offered by a homegrown solution in the rapidly expanding cryptocurrency landscape.

Young Platform - Best Italy-based Exchange.
Young Platform - Best Italy-based Exchange.

Is Crypto Investing Regulated in Italy?

Yes, crypto investing is regulated in Italy. The key regulatory authority overseeing the Italian cryptocurrency market is the Bank of Italy, which is responsible for implementing guidelines and monitoring compliance within the financial sector. The Bank of Italy collaborates with other European and international regulatory bodies to ensure a robust and secure environment for cryptocurrency transactions and investments.

Additionally, the European Securities and Markets Authority (ESMA) plays a vital role in the regulation of crypto investing in Italy, as it sets standards and oversees financial markets across the European Union. ESMA's guidelines and regulatory framework contribute to fostering stability and transparency in the crypto market, promoting investor protection and maintaining a reliable financial ecosystem for Italian investors.

Is Crypto Staking Legal in Italy?

Yes, crypto staking is legal in Italy, as there are no specific laws prohibiting this activity. However, it is essential for participants to adhere to any relevant tax regulations and report their staking rewards as part of their taxable income.

Final Thoughts

In conclusion, Italy offers a thriving environment for cryptocurrency enthusiasts, with leading crypto exchanges operating under the strict supervision of regulatory authorities such as the Organismo Agenti e Mediatori (OAM) and the European Securities and Markets Authority (ESMA).

Binance, Bybit, Uphold, Kraken, and Young Platform stand out as the top 5 exchanges catering to diverse needs within the Italian crypto market, providing user-friendly experiences, varied trading options, and competitive fees. These platforms ensure that Italian investors have access to secure, compliant, and reliable services for their cryptocurrency transactions and investments.

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.