Italian Bank Starts Bitcoin Sales

Italian Bank Banca Sella made it possible to trade Bitcoin (BTC) in the country which is under quarantine due to coronavirus. According to the news reported by Somag News, Banca Sella, one of the leading banks in Italy, started to offer Bitcoin trading service through its unique platform called Hype because the coronavirus pandemic continues to be effective in the country.

The bank has created an innovative platform for one and a half million users that will enable Bitcoin buying and selling without having to access any of the crypto exchanges. The platform called Hype had been quite active and popular for a while. The platform will now come to the fore with cryptocurrency trading in addition to financial instruments that are already operating.

Has a Simple Usage

Users can purchase their own Bitcoin wallets by completing a simple and understandable registration process before starting the Bitcoin trade. The remarkable point here is that the bank acts only as an intermediary and the users have full control of their wallets. This feature is particularly interesting for traders who are cautious about crypto exchanges that have been targeted by hackers worldwide and have lost billions of dollars last year. The BTC wallet will be directly linked to Hype accounts and the need to create a separate wallet using other platforms will disappear. Users can continue trading on BTC as long as they have sufficient account balance in their Hype account.

According to the information obtained, users of the bank will be able to use this platform not only to buy and sell BTC, but also to pay with Bitcoin.