Before we dive into the detailed analysis, here’s a ranked list of the 10 best cryptocurrency exchanges for Italy, with the most important information about each one at a glance.
Investing in cryptocurrencies carries the risk of partial or total loss of capital. The content of this review is informative and does not constitute financial advice.
1. Bitvavo: The cheapest platform in Europe for trading in euros
Bitvavo is Europe's largest exchange by volume in euros, headquartered in Amsterdam and with over 2 million users. It ranks first because it combines some of the lowest fees among the top 10 exchanges, a selection of 428 cryptocurrencies, and an experience designed from the ground up for European users trading in euros, without the need for dollar-denominated stablecoins. It holds a MiCA (CASP) license granted by the Dutch AFM Starting in 2025, authorized to operate in all 27 EU countries under the European passport system, with joint supervision by the Dutch Central Bank (DNB).
Its fees are 0.15% for makers and 0.25% for takers, with a minimum deposit of just 1 €. For Italian users, it operates in euros via SEPA without currency conversion, and its exportable transaction history makes it easy to calculate capital gains using the LIFO method required by the Agenzia delle Entrate. See the full review of Bitvavo
Who is Bitvavo for? For Italian users who want to buy, sell, and earn returns on cryptocurrencies in euros, with competitive fees and MiCA regulation.
Advantages:
- Fees among the lowest in all of Europe
- MiCA license with a passport valid throughout the EU
- Designed for seamless SEPA transactions in euros
Disadvantages:
- A more limited selection of cryptocurrencies than other exchanges
- Few advanced trading features
- Customer service with more limited options
2. Crypto.com: Spend Your Cryptocurrency with the Everyday Visa Card
Crypto.com is one of the world’s largest crypto platforms, with more than 150 million users and a business model focused on everyday spending thanks to its Visa card linked to users’ crypto balances. It ranks second due to this combination of an exchange and a payment method—something no other platform in the top 10 offers with such strength. It holds a MiCA (CASP) license from the Maltese MFSA and insurance coverage of up to $750 million on the funds in custody.
The exchange’s fees start at 0.075% for makers and takers at the base level, decreasing based on trading volume or CRO token staking; the Visa card offers cashback of up to 6%. For Italian users, the minimum deposit is €1, and SEPA withdrawals also cost €1; the platform does not act as a tax withholding agent, so capital gains must be reported independently. See the full review of Crypto.com
Who is Crypto.com for? For Italian users who want to use their cryptocurrency for everyday purchases with a Visa card, in addition to trading on the exchange.
Advantages:
- Visa Card with Cashback of up to 6%
- Low fees at the exchange's basic level
- Comprehensive insurance coverage for funds in custody
Disadvantages:
- Better terms require holding the CRO token
- A somewhat complex ecosystem for new users
- Small fixed fees on deposits and withdrawals
3. Kraken: The Most Well-Rounded Platform for Making the Leap to Advanced Trading
Kraken is one of the industry’s longest-standing exchanges, founded in 2011 and operational since 2013, offering more than 600 cryptocurrencies and operating in over 190 countries. It ranks third for combining a long track record of security, quarterly Proof of Reserves audits with 1:1 backing, and a selection of cryptocurrencies that exceeds the top 10 average. In Europe, it operates through Payward Europe Solutions Limited, authorized as a CASP by the Central Bank of Ireland Starting in June 2025, with a passport valid for all 30 EEA countries.
Its app charges a flat 1% fee on instant purchases, but starting July 9, 2026, Kraken Pro will charge 0.40% for makers and 0.80% for takers, dropping to 0.30% and 0.60% once monthly volume reaches 2,500 $; the balance held on the platform now also counts toward tier progression. For Italian users, SEPA transfers take between 0 and 3 days, and funds held in custody at Kraken must be reported on the Quadro RW form. View full Kraken review
Who is Kraken for? For Italian users looking for a long-established, highly secure exchange that offers room to grow into advanced trading and allows them to maintain a balance on the platform.
Advantages:
- Wide variety of cryptocurrencies and markets available
- A strong track record of safety since its founding in 2011
- The commission rate also improves based on the balance maintained, not just on the volume
Disadvantages:
- Highest starting price for Kraken Pro since July 2026
- Higher minimum deposit than other exchanges
- Learning curve to take full advantage of all its features
4. Young Platform: the Italian exchange licensed by CONSOB
Young Platform is an Italian crypto platform founded in Turin in 2018, with more than 2 million users in Europe and in which Azimut holds a stake. It ranks fourth because it is the only one in the top 10 that is headquartered in Italy and holds a MiCA (CASP) license granted directly by the CONSOB in coordination with the Banca d’Italia on June 30, 2026, using the European passport it already holds in France. The authorization covers 8 of the 10 MiCA services, excluding the operation of its own trading platform.
It charges a spread plus a commission based on market conditions, with an Exchange Base and Exchange Pro structure updated in 2024 and discounts for holding its YNG token. For Italian users, it offers customer support in Italian, an Academy with over 200 free courses, and a downloadable tax report for filing tax returns, although it does not act as a withholding agent. See the full review of Young Platform
Who is Young Platform for? For Italian users who are new to crypto and prioritize a domestic platform regulated by CONSOB, with support in Italian and educational resources.
Advantages:
- CASP license issued by CONSOB and the Banca d’Italia
- Support in Italian and an Academy with over 200 free courses
- Downloadable Tax Form for the Income Tax Return
Disadvantages:
- A smaller selection of cryptocurrencies than that of global exchanges
- The license does not include the right to operate a proprietary trading platform
- It does not act as a withholding agent
5. Coinbase: The Most Well-Known Option for Getting Started
Coinbase is a publicly traded exchange (Nasdaq: COIN since 2021) and one of the most audited in the world, with more than 120 million users in over 100 countries. It ranks fifth because it combines the highest brand trust among the top 10 with an interface designed for those who have never bought cryptocurrency before. It holds a MiCA (CASP) license from the Luxembourg CSSF Effective June 2025, valid in all 27 EU countries.
A standard purchase incurs a fixed spread of 1% and up to 3,99% when paying with a card, but Coinbase Advanced starts at 0.40% for makers and 0.60% for takers for monthly volumes under 10,000 $, and Coinbase One eliminates fees for up to 10,000 € per month with a subscription. For Italian users, since funds are held outside of Italy, they must be reported in the Quadro RW. View full Coinbase review
Who is Coinbase for? For Italian users who are just getting started with crypto and prefer the reliability of a well-known brand over lower fees.
Advantages:
- A well-known brand listed on the stock exchange
- Intuitive interface designed for beginners
- Large global user base
Disadvantages:
- High fees in the standard app
- You must upgrade to Advanced to get competitive rates
- Less suitable for those who already have advanced experience
6. Bybit EU: Derivatives and Advanced Trading Under European Regulation
Bybit EU is the European arm of the world's second-largest exchange by volume, headquartered in Vienna after obtaining the MiCA (CASP) license from the Austrian FMA in May 2025. It ranks sixth as the most derivatives- and advanced trading-focused option among the top 10, with up to 10x leverage on spot trading and a platform that has been fully migrated to bybit.eu since July 2026 for all EEA users.
Fees are competitive for advanced trading and decrease with volume, and the platform includes features such as the Bybit Card and spot margin trading. For Italian users, all traffic now goes through the regulated entity bybit.eu, which is separate from the global platform; it’s worth noting that Bybit suffered a $1.5 billion hack in February 2025, although this did not affect the European entity. View the full review of Bybit EU
Who is Bybit EU for? For experienced Italian users looking for derivatives and advanced trading within an EU-regulated framework.
Advantages:
- Entity regulated under a European MiCA license
- Strong focus on derivatives and advanced trading
- Up to 10x leverage available on spot trades
Disadvantages:
- Less suitable for beginners
- Background on a major theft on the global platform
- Recent Migration to the New European Entity
7. Bitpanda: Cryptocurrencies, stocks, and precious metals all in one app
Bitpanda is an Austrian platform founded in 2014 that combines cryptocurrencies, stocks, ETFs, and precious metals in a single account, with more than 6 million users in Europe. It ranks seventh for being the most comprehensive multi-asset offering in the top 10, in addition to being the first major crypto platform to obtain the MiCA license, granted by the Germany's BaFin in January 2025. Its Pro version, Bitpanda Fusion, aggregates liquidity from more than 12 global exchanges with over 2,000 trading pairs.
The standard app charges trading fees based on the asset: 0.99% for Bitcoin and stablecoins, 1.49% for other cryptocurrencies, and 2.49% for those with lower market capitalization. Fusion applies a flat fee of 0.25% at the first tier, which only drops to 0.02% for monthly volumes exceeding 250 million euros. For Italian users, deposits via bank transfer are free, while a 1.5% fee applies to card deposits. See the full review of Bitpanda
Who is Bitpanda for? For Italian users who want to invest in cryptocurrency, stocks, and precious metals all from a single app, with robust European regulation.
Advantages:
- Combine crypto, stocks, ETFs, and precious metals
- A pioneer in obtaining the MiCA license in Europe
- Deposits via wire transfer with no fees
Disadvantages:
- High commission on the sale of the standard app
- Fusion is down only 0.25% on very high volume
- Pro Interface designed for experienced users
8. OKX Europe: Low fees and access to Web3 for the most active users
OKX Europe is the European arm of OKX, a global exchange that ranks among the top 10 most cost-effective options for frequent traders, while also offering access to Web3 features (such as its own wallet and DeFi) that are uncommon among centralized exchanges. It was among the first to obtain the MiCA (CASP) license in the EU, granted by the Maltese MFSA January 27, 2025, with a passport valid throughout the EEA.
Its spot trading fees are among the lowest in the industry: 0.08% for makers and 0.1% for takers, with volume-based discounts with no minimum; the minimum deposit is just 1 €. For Italian users, it does not have its own guarantee fund, but it offers quarterly Proof of Reserves audits and customer support via chat in several European languages. View the full review of OKX Europe
Who is OKX Europe for? For Italian users with a certain trading volume who are looking for low fees and want to start exploring Web3 without leaving the exchange.
Advantages:
- Spot commissions among the lowest in the industry
- Access to Web3 features such as a native wallet
- Reserve audits published quarterly
Disadvantages:
- It does not have its own guarantee fund
- Designed primarily for users with some experience
- Lower brand recognition than more established exchanges in Italy
9. Gate: One of the most comprehensive cryptocurrency exchanges licensed under MiCA
Gate is a global exchange founded in 2013 with more than 50 million users, known for listing a portfolio of more than 1,600 cryptocurrencies, according to CoinGecko. It ranks ninth for combining that portfolio with the MiCA (CASP) license granted to Gate Technology Ltd by the Maltese MFSA on September 29, 2025, to which it added a PSD2 payment institution license in February 2026. Entities within the group are also registered in Italy.
Its spot trading fees start at 0.10% for makers and 0.10% for takers at VIP Level 0, with discounts based on trading volume or for holding its GT token. For Italian users, it supports deposits via SEPA, credit card, Apple Pay, and Google Pay, and requires full identity verification (KYC) for deposits and withdrawals. See the full review of Gate
Who is Gate for? For experienced Italian users looking for access to a very broad selection of cryptocurrencies within a framework regulated by MiCA.
Advantages:
- One of the most comprehensive cryptocurrency listings in the ranking
- MiCA License plus PSD2 Payment Institution License
- Deposits via SEPA, credit card, Apple Pay, and Google Pay
Disadvantages:
- The MiCA license covers 6 of the 10 regulated services
- A very extensive ecosystem that can be overwhelming for beginners
- Lower brand recognition in Italy compared to other exchanges in the ranking
10. Bitstamp: Europe's longest-running regulated exchange
Bitstamp is Europe’s oldest active cryptocurrency exchange, founded in 2011 and owned by Robinhood (Nasdaq: HOOD) since 2025. It rounds out the top 10 thanks to its track record of more than a decade without any serious security incidents—a feature particularly appealing to conservative users. Headquartered in Luxembourg, it was the first platform to obtain the MiCA (CASP) license from the CSSF In May 2025, in addition to already holding a MiFID license to operate as a multilateral trading facility.
Its tiered fee structure is free for monthly trading volumes under 1,000 $ and increases to 0.30% for makers and 0.40% for takers in the next tier, gradually decreasing as volume increases. It does not charge deposit fees. For Italian users, it is a platform that has been well-established in the European market for over a decade, although its selection of cryptocurrencies is more limited than that of newer exchanges. See the full review of Bitstamp
Who is Bitstamp for? For Italian users who prioritize track record and regulatory stability over product variety or app design.
Advantages:
- A track record of more than a decade without serious incidents
- Dual regulation under MiCA and MiFID licenses
- Commission-free trading for monthly trading volume below 1,000 $
Disadvantages:
- A smaller selection of cryptocurrencies than others
- Commissions of 0.30% and 0.40% in the intermediate volume bracket
- The app's design is less modern
Comparison Table of Exchanges for Italy
After reviewing the 10 exchanges, here is a comparison table that summarizes each one’s cryptocurrency offerings, maker/taker fees, and MiCA compliance for users in Italy.
| Platform | Cryptos | Maker / Taker | Regulation |
|---|---|---|---|
Bitvavo
|
428+ | 0,15% / 0,25% | MiCA (AFM, Netherlands) |
Crypto.com
|
250+ | 0,075% / 0,075% | MiCA (MFSA, Malta) |
Kraken
(Kraken Pro)
|
600+ | 0,40% / 0,80% | MiCA (Central Bank of Ireland) |
Young Platform
|
40+ | Based on the Base / Pro pricing plan | MiCA (CONSOB, Italy) |
Coinbase
(Advanced)
|
400+ | 0,40% / 0,60% | MiCA (CSSF, Luxembourg) |
Bybit EU
|
700+ | 0,25% / 0,25% | MiCA (FMA, Austria) |
Bitpanda
(Fusion)
|
650+ | 0,25% / 0,25% | MiCA (BaFin, Germany) |
OKX Europe
|
375+ | 0,08% / 0,10% | MiCA (MFSA, Malta) |
Gate
|
1.600+ | 0,10% / 0,10% | MiCA (MFSA, Malta) |
Bitstamp
|
100+ | 0.30% / 0.40% (starting at 1,000 $ per month) | MiCA + MiFID (CSSF, Luxembourg) |
All the exchanges in the ranking are already MiCA-licensed, which ensures consistent oversight across the EU. Young Platform is the only one with a license granted directly by CONSOB. The best option will depend on whether you prioritize low fees, a wide selection, or a national regulator like CONSOB.
How are cryptocurrencies taxed in Italy in 2026?
Italy does not have a specific tax on cryptocurrencies: capital gains are considered “redditi diversi” of a financial nature and are taxed through a substitute tax. The key factor is the timing of the transaction: selling for euros or paying with crypto generates a capital gain, while some swaps between cryptocurrencies may be tax-neutral under the 2026 Budget Law, so it’s advisable to review each case individually. Buying with euros or transferring funds between your own wallets is not subject to tax.
Depending on the type of transaction, different rules apply:
- 33% Substitute Tax (effective January 1, 2026): Here are the capital gains and returns from staking and lending on cryptoassets in general. The €2,000 tax exemption was eliminated on January 1, 2025, and capital losses can be offset against capital gains over the following four years.
- 26% rate for euro-denominated stablecoins: The 2026 Budget Law (Law No. 199/2025) maintains this reduced tax rate for euro-denominated electronic money tokens that comply with MiCA.
- RW and IVCA Table (assets outside Italy): Cryptocurrencies held in custody on foreign exchanges or in personal wallets must be reported on Form RW, subject to a tax on the value of crypto-assets (IVCA) of 0.2% of their value.
- Tax Administration Regime (Tax Withholder): As of April 15, 2026, CryptoSmart is the first Italian exchange to calculate, withhold, and pay your taxes for you, with no obligation to file a tax return. Other international exchanges do not offer this service.
The European DAC8 directive has been in effect since January 2026: exchanges are already collecting their customers’ data and will submit the first reports in 2027—covering transactions from 2026—so that the Agenzia delle Entrate can cross-check them with your tax return. Keep an eye on the calendar: capital gains from 2025—which are reported this fall—are still taxed at the 26% rate with no exemption, while those realized on or after January 1, 2026, are taxed at the 33% rate. The most sensible approach is to keep your own record of purchases, sales, and commissions, calculate your gains using the LIFO method (the most recent units are sold first), and report everything on the Modello Redditi Persone Fisiche to the Italian Revenue Agency by October 31.
How did we selected the exchanges in this ranking
This ranking was compiled based on a comparative analysis of MiCA-authorized cryptocurrency exchanges available to customers in Italy, combining real-world usage tests with technical, regulatory, and user experience evaluations to identify those best suited for users residing in Italy in 2026.
To compile the ranking, we evaluated each platform based on the following criteria:
| Criteria | What We Evaluate | |
|---|---|---|
| 1 | License Regulation and Verification | We only include exchanges with full MiCA authorization, verifying each operator in the public registries of CONSOB and ESMA, including the services covered by their license and whether they operate under a European passport or direct authorization in Italy. |
| 2 | Support in Italian and localization | Availability of customer service in Italian, quality of the interface, and educational resources in the local language. |
| 3 | Tax Adjustment | Clarity in operational reports for the calculation of capital gains using the LIFO method, the Quadro RW, and the IVCA, and compatibility with DAC8 reporting. |
| 4 | Transactions in euros and SEPA funds | Smooth deposits and withdrawals via SEPA and SEPA Instant from Italian accounts, settlement times, and compatibility with cards and mobile wallets. |
| 5 | Actual Trading Costs | Actual trades on each platform, taking into account the combined cost of commissions, spreads, and withdrawal fees—not just the advertised rate. |
| 6 | Track Record and Transparency | Each exchange's security track record and transparency in the disclosure of reserves (Proof of Reserves). |
The testing was completed in September 2026, with a final verification of the licenses in effect in the public registries of CONSOB and ESMA as of the publication date. You can view the complete data research and verification process on our methodology.
Important note: We review this ranking periodically based on new authorizations from CONSOB, improvements in Italian support, or tax changes. Rankings are subject to change.
Regulation of Exchanges and Cryptocurrencies in Italy
Platforms offering cryptocurrency services in Italy operate under the European MiCA regulation, which applies to service providers as of December 30, 2024, and has been transposed into Italian law by Legislative Decree No. 129/2024. The CONSOB authorizes and supervises cryptoasset service providers based in Italy, in close coordination with the Bank of Italy, which also receives notifications from banking intermediaries. As of June 30, 2026, CONSOB had authorized eight CASPs: CheckSig, Conio, CryptoSmart, Hercle, Hodlie, Olliv Italia, Riv Digital, and Young Platform, in addition to the notification from Banca Sella.
The transitional period ended on July 1, 2026, and since then, only platforms authorized by CONSOB or by another European authority with a MiCA passport—and listed in the ESMA registry—may offer services in Italy. Binance, which withdrew its license application in Greece, has restricted its services to Italian users: it only allows them to close positions and withdraw funds, and assures users that it will not freeze their assets. Before depositing money on an exchange, check that the service provider is listed in the ESMA registry.
Important note: Binance does not appear in this ranking because it does not have a MiCA license. As of July 1, 2026, it is not accepting new users or deposits in Italy and only allows withdrawals.
The information presented in this ranking is for informational and educational purposes only. It does not constitute financial or tax advice, nor is it a personalized investment recommendation. Using cryptocurrency exchanges involves risks, and each user is responsible for assessing which platform best suits their profile, as well as for complying with applicable regulations and their legal and tax obligations under current Spanish law. Some links in this ranking are affiliate links: if you open an account through them, Exchange Selector may receive a commission at no additional cost to you. This does not influence the criteria or the order of this ranking.
(FAQ) How to Choose a Cryptocurrency Exchange in Italy in 2026
