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Buying Bitcoin and Altcoins in Italy

Italy needs a bank bailout and their politicians claim that dropping the Euro and devaluing their currency is the best route forward for the country. People holding Euros in Italy, see buying bitcoin as a safe haven against the political turmoil. Italians are likely to lose spending power with their Euros or a new currency the government creates, whereas bitcoin just stores value.

After seeing the 35% drop in the Pound after the Brexit vote, it is easy to see why Italians are storing their wealth in Bitcoin while the politicians and banks fight it out behind the scenes.

Bitcoin Exchanges in Italy

Most people in Italy are using the anonymous exchanges, which we cover worldwide, however the most popular exchanges currently in Italy are listed below.

LocalBitcoins has a massive amount of buyers and sellers, allowing anyone in Rome, Milan, Naples, Venice, Lombardy and many other areas to set their price to buy or sell bitcoin in Italy.

Localbitcoins

Peer to Peer Bitcoin Buying and Selling

Localbitcoins

Available Worldwide

Cash, Bank Transfers and Wires

Bisq

Anonymous Peer to Peer Crypto Trading

Bisq

Available Worldwide

No ID Required

HodlHodl

Anonymous Peer to Peer Crypto Trading Platform

HodlHodl

Available Worldwide

No ID Required

Alt-coin Trading from Italy

Binance has been the most popular trading platform for awhile now due to the no KYC/AML requirement for people transferring less than 2 BTC to fund their account and purchase almost any popular altcoin.

Binance

Anonymous Trading Hundreds of Altcoins

Binance

Available Worldwide

No ID Required

Bitcoin ATM’s in Italy

Buying bitcoin for the first time via ATM can seem odd to some, most ATM’s that sell bitcoin aren’t worth high fee’s being charged. With 31 bitcoin ATM’s across Italy, there are bound to be a few that will have fee’s less than 10% for buying but we spotted many at that rate or disabled the fee data for buyers.   

Bitcoin Meetups in Italy

The bitcoin Milano group and Roma Bitcoin meetup groups have hundreds of members, oddly there is a huge Ethereum meetup scene in Italy as well as bitcoin generation Roma for crypto hangouts.

There is also an active scene on bitcoin talk Italia, where people will sell bitcoin for cash in Italy like this anonymous person and this anonymous person.

Online Gambling in Italy

For those interested in sports betting, casino and poker games using bitcoin, ethereum and altcoins, be sure to check out our Italy online gambling guide.

Crypto Gambling covers bitcoin, altcoin and trading discussions for people new to crypto currencies. Along with crypto wallets, gambling in different countries and bitcoin exchanges in different countries.

This site is intended for people over the age of 18 that never gamble what they can’t afford to lose.