How to Exchange Pound Sterling (GBP) for United States Dollar (USD) in Italy

To sell Pound Sterling for United States Dollar, first, find a cryptocurrency exchange that supports the GBP/USD trading pair, such as YouHodler, Kraken, Uphold or Wirex. Create an account, verify your identity, and deposit your GBP into your exchange wallet. Locate the GBP/USD pair on the trading platform and place a sell order to exchange your Pound Sterling for United States Dollar. If the GBP/USD pair is unavailable, you can first sell Pound Sterling for a stablecoin like Tether (USDT) or a fiat currency, then trade that for United States Dollar. 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.