Italy has declared national quarantine in connection with the coronavirus pandemic. Against this background, Banca Sella Bank launched Bitcoin trading on its Hype platform.
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The bank will act as an intermediary between tradersand cryptocurrency exchanges using its platform to reduce security risks for users. Now the citizens of the country are sitting at home, so there is an increased interest in bitcoin and other cryptocurrencies as a means of payment.
Hype platform will allow not only to buy andsell bitcoin, but also pay with cryptocurrencies for goods and services. At the same time, 1.2 million Italians are users of the platform. Hype CEO Antonio Valitutti noted:
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“The cryptocurrency market and bitcoin trading inin particular, it continues to attract interest, especially among our customers - by definition, young and smart, those who want to access global opportunities through the platform that they use every day. ”
Last November, it was reported that Bitcoin is the third most popular means of paying for online purchases in Italy.