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.
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.
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
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