Buy
Tezos
in Italy
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Learn More about buying XTZ in Italy
How to buy Tezos in Italy
Is XTZ a good investment in Italy?
Tezos has introduced itself as the first self-correcting platform among digital currencies. The Tezos smart contract platform is similar to Ethereum and allows the creation of decentralized applications, except that it uses a proof-of-stake consensus algorithm. In July 2017, Tezos was able to attract about 232 million dollars in initial coin offering (ICO), which made Tezos the second digital currency in the world of cryptocurrencies. The fame and popularity of Tezos digital currency made large companies such as PolyChain Capital show interest in investing in the native token of Tezos (XTZ). Finally, on June 30, 2018, the first test net of Tezos was released.
Participants or shareholders in the Tezos blockchain, can vote on the changes they want to achieve through a collective consensus on the proposed plans. Smart contracts can always be created using the Tezos platform. Through smart contracts, there will be no manipulations by a third party. In addition, Tezos is a platform to improve the safety of secure contracts, which means if this technology is widely used in the future, any costly and controversial bugs can be totally avoided.
What is Tezos ?
Tezos coin is the native token of Tezos blockchain. Tezos digital currency is known in the digital currency market with its own symbol XTZ. The symbol XTZ is generally used on exchanges in order to address Tezos currency.
Is Tezos legal to buy in Italy
There is no doubt that Italy is grossing in the global economic field by expanding its horizons on digital investment. However, the laws and regulations regarding cryptocurrencies are not fully developed yet. According to the public authority responsible for regulating the Italian financial markets (CONSOB), the ownership and trading of cryptocurrencies are not considered illegal in Italy. But you should keep in mind that there are no definite regulations about taxation. While crypto-assets do not have a specific regulatory status in Italy, the only Italian laws and regulations that provide a definition applicable to them are those concerning anti-money laundering regulations. It is estimated that 2.3% of the Italian population, which is approximately 1.3 million people, own crypto assets in Italy.
Is Tezos taxed in Italy
The Italian Tax Administration, also known as Agenzia Delle Entrate, is still developing official tax guidance on the topic of cryptocurrency taxation. However, two resolutions issued by Agenzia Entrate in the past are currently being used to form the basis for how cryptocurrencies are taxed in Italy.
According to Resolution no. 72 /E/2016, profits from trading cryptocurrencies are not considered taxable income due to the lack of speculative nature. However, in Resolution no. 788/2021 it is mentioned that if the person’s total wallet or account balance exceeds €51,645.69 for a minimum of seven consecutive days during the tax year, the profits from selling, exchanging, or disposing of cryptocurrencies are taxed as capital gains at a flat rate of 26%. This is good news for all Italian crypto investors considering you are not paying taxes on your profits as long as your total portfolio value does not exceed €51,645.69 for seven or more consecutive days.
After you've bought Tezos in Italy
The XTZ cryptocurrency can be used for holding, spending, sending, and baking (means signing and publishing blocks to the Tezos blockchain). It is essential to the up-keep and operation of the Tezos network. Users can vote on network upgrades by owning and baking XTZ, and each vote is based on the quantity of XTZ they bake.
XTZ is mainly used to interact with dApps, pay for fees, and secure the network. If the Tezos platform develops further, there will be more demand which may put XTZ in the position of a profitable event for investments as well.
Who can buy Tezos in Italy
The requirements for anyone to buy cryptocurrency in Italy are a mobile phone to verify identity using two-factor authentication (2FA), a bank account or credit card to make fiat currency deposits to purchase cryptocurrencies and crypto wallet to store the assets. Our exchange authorizes fast and secure transactions through different means such as Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal. In conclusion, it is possible for almost everyone to enter the world of crypto assets and our website provides a safe and secure beginner-friendly experience.
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Payment methods to buy Tezos in Italy
Credit Card
Debit Card

Bank Transfer
Credit Card
Debit Card

Bank Transfer
PayPal
Google Pay
Apple Pay
PayPal
Google Pay
Apple Pay
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FAQ
Frequently asked questions
Tezos has the characteristic of self-amendment. This is important because it can prevent society from becoming fragmented, stakeholder motivations changing, and network disruption over time. Due to the self-amendment feature of Tezos, the costs of updating its protocol and implementing innovations in the future are reduced. This can increase the further growth and development of this digital currency in the future and at the same time, it has attracted the attention of many people currently.
Your crypto taxes should be reported in your personal tax return where you also report ordinary income from employment. According to Agenzia Entrate, a tax return must be submitted every year, by the following deadlines: 30 September and 30 November of the year following the tax year.
First, calculate your capital gains and income for all transactions during the tax year. Then, report your crypto taxes in your personal tax return before the deadline in the following year. You must file your tax form online via the dedicated website of Italy’s tax office. If you have further questions about how to file your taxes, we recommend contacting Agenzia Entrate or a tax advisor in Italy directly.
There is no established minimum amount assigned for purchasing Tezos. Through our exchange, you can begin buying Tezos for a minimum of $10 using the payment method of your choice. The transaction will be processed and added to your collection of cryptocurrency assets.
As a general rule, you should keep records of the following details for each transaction as a minimum: the date of the transaction, the cryptocurrencies involved in the transaction, the type of transaction, how much was bought, sold, or exchanged, the value of the cryptocurrency in euro at the time of the transaction, exchange records and other similar cases.
In order to keep your Tezos investment secure, you can either use cold storage wallets, which are typically encrypted devices that store Tezos users' assets offline and add an extra layer of security against the constantly changing risks associated with being online. Or, you could keep your XTZ cryptocurrency tokens in online wallets. Additionally, you can use the wallet provided by our exchange, which makes trading Tezos much simpler because it can quickly connect to a number of protocols.
