Can I Buy Bitcoin or Crypto with Borsa Italiana?
No, you cannot directly buy Bitcoin and crypto assets with Borsa Italiana. This is because it is a stock exchange that only provides investment access to traditional assets like shares and ETFs. The only way you can get crypto exposure through Borsa Italiana is through buying Bitcoin and Crypto ETFs, however this is an expensive, inefficient and risky way to invest in the asset class.
How to Buy Crypto with a Borsa Italiana Alternative
The best Borsa Italiana alternative to buy cryptocurrencies in Italy is with Uphold. They are an FCA-licensed crypto trading platform that offers 250+ crypto assets, comprehensive staking features and top-tier security. Their exchange is trusted by over 10 million Italians and offers instant and free Euro (EUR) deposits from all local banks via SEPA Transfer.
You can get started in minutes with this simple guide:
- Sign Up: Create an account on Uphold and complete your verification (personal or company).
- Connect Account: Select the currency you want deposit on Uphold (EUR + 30 more).
- Deposit Funds: Connect your Italian Bank account or Debit/Credit Card to deposit your selected fiat currency.
- Buy Crypto: The final step is to find the crypto you want to buy and execute your trade.
What is a Bitcoin ETF on Borsa Italiana?
A Bitcoin ETF on Borsa Italiana is a type of exchange-traded fund that tracks the price of Bitcoin. It allows investors to gain exposure to the price movement of Bitcoin without actually owning the cryptocurrency itself. It is traded on Borsa Italiana, the Italian stock exchange. If you can only invest in Bitcoin ETFs using this platform, we recommend checking out the Grayscale Bitcoin Trust (GBTC).
Borsa Italiana is a major stock exchange in Italy, but it does not offer direct investing or trading in Bitcoin and cryptocurrencies. To purchase these new asset classes, investors will need to use a regulated crypto exchange like Uphold which offers zero fees and instant fiat deposits. It also has 250+ other crypto assets available for purchase and staking.
If you can only invest in ETFs, then we recommend checking out the Grayscale Bitcoin Trust (GBTC). This will provide you with passive exposure to the world’s most popular crypto asset.