Best Crypto Exchanges in Italy

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The cryptocurrency landscape in Italy is evolving rapidly under the European Union’s Markets in Crypto-Assets Regulation (MiCA), a comprehensive framework designed to standardize digital asset markets across member states. With oversight from regulatory bodies like Organismo Agenti e Mediatori (OAM) and the Commissione Nazionale per le Società e la Borsa (CONSOB), Italy is fostering a secure, transparent environment for crypto investors. This regulatory clarity has paved the way for both global and local platforms to thrive, offering Italian users access to advanced trading tools, diverse assets, and compliant financial services.

After extensive evaluation based on security, fees, asset variety, euro deposit options, and regulatory compliance, we’ve identified the top five crypto exchanges serving Italian investors in 2025.

Top 5 Cryptocurrency Exchanges in Italy

Over 30 crypto platforms operate under OAM and CONSOB supervision in Italy. Our analysis focuses on user experience, transaction costs, supported cryptocurrencies, and adherence to EU financial regulations. Below is a detailed breakdown of the leading platforms tailored for Italian investors.

1. Kraken – Best Overall Exchange

Kraken stands out as the most trusted digital asset platform in Italy, serving over 10 million users globally. Registered as a Virtual Asset Service Provider (VASP) with OAM (Registration No. PSV35), Kraken offers more than 320 cryptocurrencies for spot trading and over 100 futures contracts with up to 5x leverage.

Its multilingual interface includes full Italian support, making it highly accessible. The exchange emphasizes transparency through regular third-party audits of its 1:1 reserve proof, ensuring all user funds are fully backed.

Advanced traders benefit from Kraken Pro, which delivers institutional-grade features like OTC trading, staking, and sophisticated charting tools. Additionally, Kraken Wallet integrates with decentralized finance (DeFi) ecosystems, enabling participation in lending, borrowing, and yield-generating protocols.

👉 Discover a secure, OAM-compliant exchange with advanced trading tools and full reserve transparency.

2. Uphold – Transparent 1:1 Reserve Model

Uphold has gained popularity among Italian users for its commitment to transparency and asset security. The platform maintains a strict no-lending policy on customer funds, guaranteeing that all deposits remain available for withdrawal at any time.

With support for over 300 assets—including 250+ cryptocurrencies, precious metals, and 27 fiat currencies—Uphold enables seamless cross-asset conversions within a single multi-currency wallet.

Key features include AutoPilot, an automated recurring buy tool; staking options with yields up to 28% APY; and a crypto debit card offering up to 5% cashback on purchases. Uphold serves over 10 million users across 150 countries and supports EUR deposits via SEPA, Apple Pay, and card payments.

3. Binance – Global Leader with Local Presence

As the world’s largest crypto exchange by volume, Binance serves over 250 million users globally—including a strong presence in Italy through Binance Italy S.R.L., registered with OAM (PSV5). The platform supports more than 350 cryptocurrencies and offers spot, margin, and futures trading with up to 50x leverage.

Innovative offerings like Binance Earn, NFT marketplace access, and the Binance Card—enabling crypto spending wherever Mastercard is accepted—enhance user utility. Binance Chain powers its DeFi ecosystem, supporting token staking, lending, and interoperability with external dApps via Binance Wallet.

👉 Access one of the world’s largest crypto ecosystems with low fees and diverse investment options.

4. Bitpanda – Diversified Investment Platform

Bitpanda is a top choice for Italian investors seeking portfolio diversification beyond crypto. The platform offers access to over 3,000 assets, including cryptocurrencies, stocks, ETFs, and precious metals.

Designed with beginners in mind, Bitpanda features an intuitive interface, automated savings plans for dollar-cost averaging, and staking opportunities to earn passive income. All assets are protected using cold storage and end-to-end encryption.

Transparency is reinforced through real-time proof-of-reserves. Bitpanda is fully regulated in Italy under OAM (Registration No. MI2632104), ensuring compliance with MiCA standards.

5. Young Platform – Italy’s Homegrown Exchange

Headquartered in Turin, Young Platform is Italy’s leading domestic crypto exchange. With over 2 million users, it offers zero-fee trading on select pairs and supports more than 50 cryptocurrencies.

The platform emphasizes education through its free Young Platform Academy, featuring over 200 courses on blockchain and crypto fundamentals. Its gamified learning program, Young Platform Step, rewards users for completing educational milestones.

Recently partnered with Visa and Checkout.com to launch instant "Pay-to-Card" withdrawals. Users can also grow their holdings via staking rewards through Young Platform Earn.

Is Cryptocurrency Regulated in Italy?

Yes. Italy enforces the EU’s Markets in Crypto-Assets Regulation (MiCA), establishing clear rules for crypto platforms and issuers of asset-referenced tokens (ARTs) and e-money tokens (EMTs). The Ministry of Economy and Finance (MEF) oversees compliance, requiring all Virtual Asset Service Providers (VASPs) to register with OAM.

This framework mandates strict anti-money laundering (AML) and counter-terrorism financing (CFT) protocols, including mandatory KYC verification. These measures enhance investor protection, promote market stability, and position Italy as a leader in responsible crypto adoption within Europe.

How Is Cryptocurrency Taxed in Italy?

Italy’s updated crypto tax framework for 2025 introduces clear guidelines:

Investors should maintain detailed transaction records and consider using crypto tax software or consulting professionals to ensure compliance.

Crypto Adoption Trends in Italy

Italy’s crypto market is projected to reach $617.1 million in revenue by mid-2025, with user penetration expected to hit 15.83% in 2025 and grow to 16.97% by 2028—surpassing 10 million active users.

Platforms like Binance and Kraken have strengthened their local presence under MiCA compliance, contributing to a robust and regulated digital asset ecosystem.

How to Buy Bitcoin in Italy

Purchasing Bitcoin in Italy is straightforward through OAM-compliant exchanges:

  1. Choose a Regulated Exchange
    Select a platform registered with OAM for legal protection.
  2. Complete KYC Verification
    Provide government ID and proof of address.
  3. Deposit EUR
    Use SEPA transfer or card payment to fund your account.
  4. Buy BTC
    Search for BTC/EUR pair and place your order.
  5. Secure Your Assets
    Transfer Bitcoin to a private wallet for enhanced control.

👉 Start your journey with a secure platform offering low fees and full regulatory compliance.

Frequently Asked Questions (FAQ)

Q: Are crypto exchanges legal in Italy?
A: Yes. Exchanges must register with OAM as VASPs under MiCA regulations to operate legally.

Q: Do I need to pay taxes on small crypto gains?
A: Yes. As of 2025, all crypto profits are taxable—there is no minimum threshold.

Q: Can I use PayPal to buy crypto in Italy?
A: Yes. Kraken and some other platforms accept PayPal for EUR deposits.

Q: Which exchange offers the lowest fees?
A: Binance offers the lowest standard trading fee at 0.1%, followed by Kraken at 0.16% (maker).

Q: Is staking crypto allowed in Italy?
A: Yes. Staking is permitted and subject to capital gains tax upon withdrawal or sale.

Q: What’s the safest way to store crypto after purchase?
A: Transfer your assets to a self-custody wallet where you control the private keys.

Italy’s proactive stance on crypto regulation under MiCA has created a fertile ground for innovation and investment. Whether you're a beginner or an experienced trader, platforms like Kraken, Binance, Bitpanda, Uphold, and Young Platform offer secure, compliant ways to enter the digital asset economy—backed by transparency, education, and evolving financial infrastructure.