Italy’s Banca Sella offers Bitcoin trading to its users

Source Livebitcoinnews

Banca Sella, one of Italy’s oldest and most respected banks, has announced plans to offer Bitcoin trading to its customers via its mobile application Hype

The Hype platform was developed in 2021 as a joint effort between Banca Sella Holding and Illimity Bank. Using Hype, Italian users can trade Bitcoin without going through exchanges.

To ensure safe trading with no trouble, Banca Sella has restrictions on yearly bitcoin trades for its customers. With “Hype Start” status, users can transact as much as 2,700 USD per year in bitcoins, while “Plus” and “Premium” members have limits set at 54,000 USD per year. These restrictions afford traders a fairly high degree of flexibility and also keep bank risk manageable at first sight

Beta testing will initially be offered for those Hype Plus (premium) clients. And that all users will have access to Bitcoin trading in a few days.

Hype’s platform also allows users to send bitcoin to people in their address book, and it also lets users buy goods wherever they accept cryptocurrency. Banca Sella is pushing their Bitcoin wallet as “thoroughly free,” while, in fact, it takes only four steps to set things up and actually simplify each user operation.

This strategic move by Banca Sella comes at a time of increasing interest by institutional investors in Bitcoin. Spot Bitcoin ETFs – acknowledged by major financial players such as Goldman Sachs and Morgan Stanley recently.

Bullish Announcement Market response

Despite these favorable developments, Bitcoin has been quite volatile. Its price continues to fluctuate between $58,000 and $60,000 US dollars.

As the market has stabilized following volatility in its recent period of some months, it is now undergoing a process of consolidation. The price stabilization trends prevail amid a boom in trading activity.

Daily average token transfer volumes increased from 650,000 to 765,000. This thrust derives from a blend of panic selling and resilient demand for the asset, so it seems that investors are actively bargaining in these stormy times.

 

The post Italy’s Banca Sella offers Bitcoin trading to its users appeared first on Live Bitcoin News.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD drifts lower below $2,800   after Trump imposes tariffsGold price (XAU/USD) edges lower to around $2,795 during the early Asian session on Monday.
Author  FXStreet
Feb 03, Mon
Gold price (XAU/USD) edges lower to around $2,795 during the early Asian session on Monday.
placeholder
U.S. March Nonfarm Payroll Preview: Even If Data Aligns with Expectations, Financial Markets May Not Escape the Fate of VolatilityOn 4 April 2025, the United States will release its March Nonfarm Payrolls (NFP) data. The market consensus currently anticipates job growth of 128,000, a decline from February’s 151,000 (Figure 1). W
Author  TradingKey
Apr 02, Wed
On 4 April 2025, the United States will release its March Nonfarm Payrolls (NFP) data. The market consensus currently anticipates job growth of 128,000, a decline from February’s 151,000 (Figure 1). W
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Gold Price Forecast: XAU/USD attracts some sellers below $3,250 on firmer US DollarThe Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
Author  FXStreet
Yesterday 02: 14
The Gold price (XAU/USD) extends the decline to around $3,245 during the early Asian session on Thursday. The precious metal edges lower to near a two-week low amid easing US-China trade tensions and stronger US Dollar (USD) demand. 
placeholder
Ripple Price Forecast: XRP builds bullish momentum as Ripple eyes Circle with $5B acquisition bidRipple’s (XRP) price is consolidating at $2.21 at the time of writing on Thursday, reflecting sideways trading in the wider cryptocurrency market. There is a growing need for XRP to hold above the immediate $2.20 confluence support to validate the potential breakout targeting $3.00.
Author  FXStreet
18 hours ago
Ripple’s (XRP) price is consolidating at $2.21 at the time of writing on Thursday, reflecting sideways trading in the wider cryptocurrency market. There is a growing need for XRP to hold above the immediate $2.20 confluence support to validate the potential breakout targeting $3.00.
goTop
quote