The cryptocurrency world is experiencing explosive growth, with Bitcoin leading the charge. As digital assets gain mainstream acceptance, even traditional banks—once skeptical of crypto—are now integrating Bitcoin services. This guide explores how financial institutions are adapting and which banks currently offer Bitcoin purchases.
The Evolving Crypto Landscape
From Skepticism to Adoption
Historically, banks avoided direct involvement with cryptocurrencies due to perceived risks and regulatory uncertainty. However, the landscape shifted dramatically with:
- Spot Bitcoin ETF Approvals (e.g., in the U.S.), enabling institutional investment without direct ownership
- Neobanks like Revolut and Trade Republic pioneering crypto access
- Traditional banks such as Intesa Sanpaolo dipping into Bitcoin for select clients
Europe and Italy are catching up, with banks exploring regulated crypto solutions. This trend reflects a broader recognition of cryptocurrency's staying power.
U.S. Banks Leading the Charge
American institutions have been early adopters:
- Silvergate Capital: Launched the Silvergate Exchange Network for crypto transactions
- Signature Bank: Offers real-time crypto payments via Signet Digital Payments System
- JP Morgan Chase: Developed JPM Coin and dedicated blockchain division
Banks Offering Bitcoin Purchases in Italy
| Bank/Platform | Rating | Key Features |
|---|---|---|
| Fineco Trading | ★★★★☆ | CFD, Knock Out Options, ETPs |
| Revolut Standard | ★★★★☆ | User-friendly app, instant trades |
| Trade Republic Crypto | ★★★★☆ | Integrated digital wallet |
| DEGIRO (flatex) | ★★★★☆ | Bitcoin ETNs |
| BG Saxo (Banca Generali) | ★★★★☆ | Regulated ETN investments |
Detailed Breakdown
1. Fineco Bank
👉 Explore Fineco's crypto offerings
- CFDs: Trade Bitcoin with leverage
- Knock Out Options: Fixed-risk exposure
- ETPs: Exchange-traded products tracking BTC
2. Revolut
- Buy/sell/hold BTC directly in-app
- Instant transactions with low barriers to entry
3. HYPE x Conio Partnership
- Built-in BTC purchases via HYPE app
- Triple-key security system
4. Trade Republic
- Direct Bitcoin purchases
- Competitive fees for Italian users
5. DEGIRO
- Bitcoin ETNs for regulated exposure
6. BG Saxo (Banca Generali)
- ETNs allowing crypto investment within traditional banking
FAQs: Buying Bitcoin Through Banks
Which Italian banks accept Bitcoin?
Fineco, Revolut, Trade Republic, and HYPE currently offer services.
Where can I buy Bitcoin securely?
👉 Top-rated crypto exchanges provide secure purchases. Always transfer BTC to your private wallet after buying.
Can I buy Bitcoin with cash?
Yes, via Bitcoin ATMs that allow wallet creation and cash deposits.
Are bank Bitcoin purchases safer than exchanges?
Bank-linked services often offer stronger regulatory protections but may have limited features compared to dedicated exchanges.
What’s the minimum investment?
This varies by bank—some platforms allow purchases as small as €1.
Note: Always research fees and regulations before investing. Cryptocurrencies remain volatile and high-risk assets.