RATE Group | Bank in Italy enables customers to buy Bitcoin
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Bank in Italy enables customers to buy Bitcoin

Bank in Italy enables customers to buy Bitcoin

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  • Italian Banca Sella enables its customers to buy and sell Bitcoin directly, without having to involve a third party such as an exchange.
  • On the bank’s own platform Hype, customers can quickly and easily create a wallet and immediately trade Bitcoin.

Despite the continuing increase in national debt and the raging coronavirus, there is positive news to report from Italy. The Italian bank Banca Sella has created a platform for its customers on which customers can buy and sell Bitcoin without having to take the detour via an exchange such as Binance or eToro.

The platform bears the name Hype and, according to the bank, is already used regularly by more than one million customers. In addition to trading cryptocurrencies, derivatives and other financial instruments such as CFDs can also be traded. With just a few clicks and a simple registration, customers can now also create a Bitcoin wallet.

The bank takes over the custody of Bitcoin and also assumes responsibility for the proper…

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