Italy’s cryptocurrency market has grown significantly, with the Companies and Stock Exchange Commission (CONSOB) overseeing crypto asset regulations since 2020. In 2023, CONSOB tightened rules to enhance trader protection. This guide reviews the best crypto exchanges for Italian users, focusing on security, fees, supported assets, and Euro payment options.
Top 5 Crypto Exchanges in Italy
We evaluated platforms based on fees, leverage, user experience, and regulatory compliance. Here are the top picks:
Exchange Comparison Table
| Rank | Exchange | Supported Cryptos | Spot Fees (Maker/Taker) | Futures Fees | Max Leverage | KYC Required |
|---|---|---|---|---|---|---|
| 1 | Bitget | 550+ | 0.10%/0.10% | 0.02%/0.06% | 125x | Yes |
| 2 | Kraken | 200+ | 0.16%/0.26% | 0.02%/0.05% | 50x | Yes |
| 3 | Binance | 350+ | 0.10%/0.10% | 0.02%/0.04% | 125x | Yes |
| 4 | Blofin | 394+ | 0.10%/0.10% | 0.02%/0.06% | 150x | No |
| 5 | Young Platform | 40+ | 0.20%/0.20% | N/A | None | Yes |
π Explore Bitgetβs features
1. Bitget: Best Overall Exchange
Founded: 2018
Key Features:
– Supports 550+ cryptos and 488+ futures contracts.
– Low fees: 0.10% spot and 0.02%/0.06% futures.
– 125x leverage for futures trading.
– Copy trading and P2P marketplace.
– Free EUR deposits via SEPA.
Pros & Cons:
| β
Pros | β Cons |
|———————————-|———————————-|
| βοΈ Regulated (CySEC, FinCEN) | βοΈ Advanced tools may overwhelm beginners |
| βοΈ 15M+ users, $12B+ daily volume | βοΈ Not available in the U.S. |
π Sign up on Bitget
2. Binance: Best for Advanced Traders
Founded: 2017
Key Features:
– 350+ cryptos and 50+ futures contracts.
– 0.10% spot fees and 0.02%/0.04% futures fees.
– Offers NFTs, staking, and trading bots.
– EUR deposits via bank transfer (β¬1 fee).
Pros & Cons:
| β
Pros | β Cons |
|———————————-|———————————-|
| βοΈ Largest crypto liquidity | βοΈ Complex interface for beginners |
| βοΈ 24/7 live support | βοΈ Regulatory hurdles in the EU |
3. Kraken: Best for Security
Founded: 2011
Key Features:
– 200+ cryptos and 110+ futures.
– 0.16%/0.26% spot fees.
– Free EUR deposits via SEPA.
– 50x leverage for futures.
Pros & Cons:
| β
Pros | β Cons |
|———————————-|———————————-|
| βοΈ Trusted and secure | βοΈ Higher spot fees |
| βοΈ User-friendly mobile app | βοΈ Limited altcoin selection |
4. Blofin: Best High-Leverage Platform
Founded: 2019
Key Features:
– 394+ cryptos and 329+ futures.
– 150x leverage with 0.02%/0.06% fees.
– No KYC for basic access.
– Supports Apple Pay/Google Pay.
Pros & Cons:
| β
Pros | β Cons |
|———————————-|———————————-|
| βοΈ High leverage options | βοΈ Newer, less established |
| βοΈ 24/7 customer support | βοΈ No copy trading |
5. Young Platform: Best for Beginners
Founded: Italy-based
Key Features:
– 40+ cryptos and simplified trading.
– 0.20% flat fees.
– Educational resources for new traders.
– EUR deposits via bank transfer (free).
FAQs
1. Is crypto legal in Italy?
Yes! CONSOB regulates crypto as a foreign currency. Profits are taxed at 26%.
2. How to buy crypto in Italy?
- Choose an exchange (e.g., Bitget).
- Complete KYC.
- Deposit EUR via SEPA/card.
- Buy crypto and store it securely.
3. Which exchange has the lowest fees?
Bitget and Binance offer the most competitive fees (0.10% spot).
4. Can I trade without KYC?
Only Blofin allows limited trading without KYC.
Final Thoughts
Bitget is Italyβs best overall exchange for its low fees, 550+ cryptos, and 125x leverage. Beginners may prefer Young Platform, while advanced traders can opt for Binance or Kraken.