How to Exchange Compound (COMP) for Bitcoin (BTC) in Italy

To sell Compound for Bitcoin, first, find a cryptocurrency exchange that supports the COMP/BTC trading pair, such as Nexo, YouHodler, Binance or BTSE. Create an account, verify your identity, and deposit your COMP into your exchange wallet. Locate the COMP/BTC pair on the trading platform and place a sell order to exchange your Compound for Bitcoin. If the COMP/BTC pair is unavailable, you can first sell Compound for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Bitcoin. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive. In Italy, it's also important to consider the tax implications of your transactions, as capital gains tax may apply to your earnings from cryptocurrency trading.