Buying Bitcoin (BTC) has become faster and more accessible than ever. This comprehensive guide walks you through every step of purchasing Bitcoin from Italy—or anywhere else—using popular payment methods like credit cards, prepaid cards, bank transfers, and even PayPal. You'll learn how to securely store your BTC and trade other cryptocurrencies on platforms with low fees and powerful tools.
We focus only on trusted, globally recognized exchanges that meet strict security and compliance standards. While investing in Bitcoin carries risks, this guide helps you make informed decisions with confidence.
Disclaimer: I am not a financial advisor. The information shared here reflects personal experience and research. Always conduct your own due diligence and consult a qualified professional before investing in cryptocurrencies.
Why I Chose to Invest in Bitcoin
I decided to buy Bitcoin—and other digital assets—because, based on my analysis, it presents a unique long-term investment opportunity. While I don’t focus on daily transactions, I see strong speculative potential. In fact, Bitcoin may offer returns unmatched by traditional assets today.
Buying Bitcoin Is a Smart Bet—But Still a Bet
To me, investing in Bitcoin is a smart gamble—but it’s still a gamble. It might be a once-in-a-lifetime chance, but it comes with real risk. I estimate a 40–50% chance that Bitcoin could increase 50x in value. Conversely, there's also a 50–60% chance its value could drop drastically—even to zero.
This balanced perspective is shared by well-known investors like Robert Kiyosaki and Alex Becker, who continue to back Bitcoin despite market volatility.
👉 Discover how top investors analyze crypto trends and manage risk in today’s evolving market.
What You Need to Buy Bitcoin
Bitcoin (BTC) is the world’s most recognized and widely traded cryptocurrency. It operates on decentralized networks and is available across major digital exchanges—online platforms where users buy, sell, and trade digital assets.
To purchase Bitcoin safely and efficiently, you’ll need:
- A reliable cryptocurrency exchange
- A valid payment method
- An internet-connected device
- Identity verification documents
- Optional: A secure crypto wallet
Let’s break these down.
1. Choose the Right Exchange
Cryptocurrency exchanges are digital marketplaces for trading BTC and other coins. The best platforms are regulated, secure, and have years of proven operation—especially those compliant with European or U.S. standards.
Not all exchanges are equal. Prioritize platforms offering:
- Strong security protocols
- Low transaction fees
- Fast processing times
- Support for EUR deposits
- User-friendly interface
In this guide, we recommend only the most trusted exchanges available to Italian users.
2. Select Your Payment Method
Most exchanges accept several payment options. Here's how they compare:
- Credit/Debit Cards (e.g., Postepay): Fastest method. Instant BTC purchase with slight premium (up to 2% fee). Ideal if speed matters.
- SEPA Bank Transfer: Lower fees, but takes hours or days to process. Best for larger investments when timing isn’t urgent.
Both are safe and widely supported. Your choice depends on whether you prioritize speed or cost-efficiency.
3. Use an Internet-Connected Device
Any modern smartphone, tablet, or computer can be used to buy Bitcoin. No high-end tech required—just a stable internet connection and access to your chosen exchange via web browser or mobile app.
Most top exchanges offer dedicated iOS and Android apps for convenient on-the-go trading.
4. Create an Account with Verification (KYC)
You must register and verify your identity on any reputable exchange. This “Know Your Customer” (KYC) process typically requires:
- Full name
- Date of birth
- Residential address
- Government-issued ID (passport, driver’s license, or ID card)
- A selfie for facial verification
Avoid platforms that skip this step—they may lack regulatory compliance and expose you to fraud.
5. Understand Wallet Options
Initially, you don’t need an external wallet. Reputable exchanges provide built-in hot wallets to store your Bitcoin securely after purchase.
For long-term holdings or large amounts, consider upgrading to a hardware wallet (cold storage), which keeps private keys offline and offers maximum protection against hacking.
Step-by-Step: How to Buy Bitcoin on Binance
Among global exchanges, Binance stands out as one of the most trusted, offering low fees, fast transactions, and strong security. It supports EUR deposits via credit card and SEPA transfer—perfect for Italian users.
This section guides you through buying BTC on Binance safely and efficiently.
Step 1: Register Your Free Account
Start by creating a free account at Binance. After signing up:
- Enter your email address
- Create a strong password (8+ characters, uppercase, number, special symbol)
- Accept Binance’s terms
- Click “Create Account”
Check your inbox for a 6-digit verification code from Binance. Enter it to activate your account.
Once logged in, click “Continue to Dashboard” and proceed to secure your account.
Step 2: Enable Two-Factor Authentication (2FA)
Security is critical. Activate 2FA using either:
- SMS Authentication: Enter your phone number and confirm via text message.
- Google Authenticator: More secure; generates time-based codes offline.
After setup, you’ll see a green checkmark confirming 2FA is active.
Tip: Use Google Authenticator instead of SMS when possible—it’s less vulnerable to SIM-swapping attacks.
Step 3: Verify Your Identity
Before buying crypto with fiat currency (EUR), complete identity verification:
- Go to your profile > Security > Identity Verification
- Select Italy as your country
Provide:
- Full legal name
- Date of birth
- Residential address
- Photo of ID document
- Selfie holding your ID
Processing may take minutes to days. Once approved, you can deposit EUR and buy BTC instantly.
Step 4: Buy Bitcoin with a Credit or Debit Card
Now you’re ready to purchase BTC:
- Click Buy Crypto > Credit/Debit Card
- Enter the EUR amount you want to spend
- Select BTC as the cryptocurrency
- Input card details (Postepay accepted)
- Confirm purchase
Your Bitcoin will appear instantly in your Binance Spot Wallet.
To view your balance:
Wallet > Spot Wallet > Check BTC holdings
Download the Binance app (iOS/Android) to manage your portfolio anytime.
Step 5: Buy Bitcoin via SEPA Bank Transfer
For lower fees on larger purchases:
- Click Buy Crypto > Bank Deposit
Complete residence verification by uploading:
- Utility bill or bank statement (PDF/image)
- Must show your name and address
- Wait for approval (a few hours to days)
- Once approved, copy Binance’s EUR deposit details
- Initiate SEPA transfer from your bank
- Include the reference code provided by Binance
- After funds arrive, convert EUR to BTC under Cash Balance
Step 6: Exchange EUR for Bitcoin
After depositing EUR:
- Go to Buy Crypto > Cash Balance
- Choose BTC
- Enter the amount in EUR
- Click “Buy BTC”
Your Bitcoin will be credited immediately.
Need help? Refer to updated guides from trusted sources—but avoid third-party links.
Should You Buy Bitcoin in 2025?
Bitcoin remains the benchmark of the crypto market, attracting both retail and institutional investors worldwide.
Here’s why many believe now is a strategic time to invest:
1. Approaching All-Time Highs
After recovering from past downturns, Bitcoin has repeatedly broken previous price records. Despite volatility, its long-term trend remains upward—making it appealing for patient investors.
2. Stability Compared to Altcoins
While newer cryptocurrencies may surge faster, Bitcoin offers greater stability and trust due to its longevity and widespread adoption.
3. Hedge Against Fiat Inflation
Central banks continue expanding money supply (e.g., ECB, Fed), weakening traditional currencies. Bitcoin’s capped supply of 21 million coins makes it inherently deflationary—an attractive hedge against inflation.
4. Digital Gold Narrative Gains Momentum
Often called “digital gold,” Bitcoin is increasingly seen as a store of value during economic uncertainty. Major institutions like BlackRock are allocating funds into BTC-based products—validating its financial role.
5. Growing Real-World Adoption
Integration with PayPal, VISA, and payment processors is driving mainstream use. As adoption grows, so does utility—and potential value appreciation.
While short-term traders face volatility, long-term holders may benefit from increasing global acceptance.
Alternatives to Binance
If Binance doesn’t suit your needs, consider these secure alternatives:
- Bybit: Known for advanced trading features and ultra-low fees.
- Coinbase: Beginner-friendly interface; slightly higher fees but excellent support.
Both allow easy BTC purchases via card or bank transfer. You can always transfer your Bitcoin to Binance later for lower-cost trading.
Frequently Asked Questions (FAQ)
Q: Is buying Bitcoin legal in Italy?
A: Yes. Cryptocurrency ownership and trading are fully legal in Italy under EU regulations.
Q: How much does it cost to buy Bitcoin?
A: Fees vary by method—card purchases average 1–2%, while SEPA transfers often have no fee or minimal charges.
Q: Can I buy less than 1 Bitcoin?
A: Absolutely. You can buy fractions of BTC—down to 0.00000001 BTC (1 satoshi).
Q: Is my money safe on Binance?
A: Binance uses advanced security measures including cold storage, insurance funds, and mandatory KYC—but always enable 2FA and avoid sharing login details.
Q: Do I have to pay taxes on Bitcoin in Italy?
A: Yes. Italy taxes capital gains on crypto exceeding €2,000 annually at 26%. Consult a tax professional for compliance.
Q: When is the best time to buy Bitcoin?
A: There’s no perfect timing due to market volatility. Many adopt dollar-cost averaging (DCA)—buying small amounts regularly—to reduce risk.