Buy USDT in Italy

Buy USDT in Italy

Adrian Graham
Fact Checked
Jan 15, 2023

Summary: The best way to buy Tether (USDT) in Italy is through a licensed and regulated cryptocurrency exchange in the country. With this method, investors can sign up and deposit Euros (EUR) via bank transfer, debit card or credit card to buy USDT and hold it or send it to another wallet.

Our top pick for Italian investors looking to purchase USDT is Uphold. Their platform offers instant and cheap Euro (EUR) deposits in Italy to buy USDT, 11 other stablecoins and 200+ cryptocurrencies with low fees. Their platform is regulated in Europe by CySEC and the Financial Conduct Authority (FCA), making them a safe option to get started.

Table of Contents

Best Exchange to Buy Tether (USDT) in Italy

Platform Highlights

  • Buy Tether (USDT) with zero fees and fast Euro (EUR) deposits from any Italian Bank or Debit/Credit Card.
  • Offers over 200+ cryptocurrencies and 14 other stablecoins to buy, sell, hold and stake with high interest.
  • Regulated in France & Europe and has audited Proof-of-Reserves for customer funds.
Uphold - Tether (USDT) Italy
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Audited Proof of Reserves
Audited Proof of Reserves

How to Buy USDT in Italy

Buying Tether (USDT) and other stablecoins in Italy is a simple process. As mentioned above, we recommend that Italian investors use a licensed and regulated exchange to securely deposit Euros (EUR) to buy USDT.

Our top pick for stablecoins is Uphold because they offer 13 stablecoins including USDT as well as 200 other cryptocurrencies for zero trading fees. You can also stake cryptocurrencies on their platform to earn interest.

Get started quickly with our simple guide:

  1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
  2. Connect Account: Select the currency you want deposit on the Uphold Platform (EUR + 30 more).
  3. Deposit Funds: Connect your Italian Bank account or a Debit Card/Credit Card to quickly deposit your selected fiat currency.
  4. Buy USDT: Find USDT on the platform and input the amount of EUR and select 'Buy'.
Buy USDT in Italy
Buy USDT in Italy with Euros (EUR).

What are the fees to buy USDT in Italy?

The fees to buy USDT in Italy vary depending on the platform that you use. Uphold has no trading fees when buying cryptocurrencies with fiat currency, so it is a great option for Italian investors looking to buy USDT at low costs. The only fee you need to consider is the Euro (EUR) deposit fee, which is free in Europe if you choose a SEPA Bank Transfer as your deposit method.

Is Tether (USDT) Legal in Italy?

Tether (USDT) is a stablecoin that is designed to be pegged to the value of a specific currency or asset, such as the US dollar. The legal status of Tether and other stablecoins can vary depending on the specific country and its regulatory framework.

In Italy, Tether and other stablecoins are not considered legal tender, but they may be used as a means of exchange in certain circumstances. As a general rule, the use of stablecoins in Italy is subject to the same regulations that apply to other forms of virtual currency. This means that they are legal to buy and sell in Italy - but it is important to note they are not backed by the Italian government or any other official institution.

Is USDT Safe?

As with any financial product, there are potential risks involved in using Tether or other stablecoins. For example, if Tether is not properly managed or if the company behind it experiences financial difficulties, there is a risk that the value of Tether could drop significantly and lose its peg to the dollar.

Additionally, there is always the possibility that Tether or other stablecoins could be subject to fraud, hacking, or other types of cyber attacks, which could result in the loss of funds.

Overall, it is important to carefully consider the potential risks and benefits of using Tether or any other stablecoin before making a decision to invest or use them.

Final Thoughts

Tether (USDT) is a popular and widely used stablecoin that can be legally bought and sold in Italy using Euro (EUR). Uphold is our top pick for Italian investors looking to buy or sell USDT as they offer zero trading fees, instant deposits, and a regulated platform.  

It is important to remember that stablecoins are not legal tender and may be subject to certain risks. As such, it is important to carefully consider all potential risks and benefits before investing or using Tether or any other cryptocurrency.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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