Buy and sell crypto easily with NZ's top cryptocurrency retailer! Professional service, FREE support, + cryptos. NZ owned, operated & registered FSP. 32 rows · Feb 15, · For the sake of our example, let’s assume that you have NZ$ that you . Aug 28, · Independent Reserve is mainly an Australian exchange but it is one of the few that accepts NZD. They platform isn’t best on offer but it’s definitely good enough to buy some BTC or some other cryptocurrency you’re interested in. We wouldn’t recommend it for long-term trading.
Best bitcoin broker nzThe Best Cryptocurrency Exchanges in NZ - Reviews
Rather than having to deal with a centralised authority such as a bank to process transactions, Bitcoin holders can transfer their coins directly to one another on a peer-to-peer network. All Bitcoin transactions are tracked on a public ledger known as the blockchain , and people working as miners verify transactions and update the blockchain.
Read our guide to some of the best Bitcoin wallets for more. The next step is to decide how and where you will buy Bitcoin. There are hundreds of platforms to choose from, and they can be separated into three main categories:. Start comparing exchanges. The final step is to submit an order through your chosen platform. For most first-timers, the easiest and most convenient option is to use a Bitcoin broker. Depending on the exchange you use and the regulatory requirements it is subject to, you may be able to sign up simply by providing your email address or you may need to provide your full name, contact information and proof of ID before being allowed to trade.
Want to turn your cash into cryptocurrency? There are several ways to buy Bitcoin with cash in New Zealand, including the following:. Buying Bitcoin with cash is quick and convenient but is usually more expensive than other options. Get a complete list of exchanges that let you buy crypto with cash. Many Bitcoin brokers and exchanges allow you to buy Bitcoin using your credit card. These include platforms like eToro and Coinmama, and using your credit card allows you to make quick and convenient purchases.
However, credit card transactions tend to attract higher fees and some banks have even blocked customers from buying crypto with plastic. Debit cards are nowhere near as widely accepted as credit cards but can still be used to buy cryptocurrency on some platforms.
Got a PayPal account and want to use it to buy Bitcoin? The good news is that you can definitely do this; the bad news is that only a limited number of platforms accept PayPal. VirWox and Paxful are two of the better-known platforms that accept PayPal at the time of writing. Head to our full list of exchanges that support PayPal. Another way to buy Bitcoin with New Zealand dollars is to choose a platform that accepts bank transfer deposits.
The list of platforms that allow bank transfers is an extensive one and includes sites like Easy Crypto , Independent Reserve , Vimba , BitPrime and more.
Another option is to choose a platform that accepts POLi Payments. Transfers using this system are typically processed more or less instantly, but they may attract higher fees. The key is finding the exchange that offers the right features and fees for you. If you want to buy Bitcoin in New Zealand, most exchanges will require you to verify your identity first. However, if you value your privacy, it is still possible to buy Bitcoin anonymously. Check out our guide on how to buy Bitcoin anonymously.
With hundreds of platforms to choose from, finding the best Bitcoin exchange for your needs is a challenging task. To make your choice easier, consider these key factors when comparing exchanges:. Learn more about how to choose an exchange in our cryptocurrency exchange guide. Choose a Bitcoin exchange. So, should you buy Bitcoin from a New Zealand exchange or from a foreign platform?
To help you decide, consider the pros and cons of buying on a Kiwi exchange. Regardless of whether you choose a New Zealand or overseas-based crypto exchange, make sure you compare a range of options before deciding which platform to use. Want to buy Bitcoin from a cryptocurrency broker using New Zealand dollars? You can sign up for an Easy Crypto account by providing your email address and creating a password.
Once Easy Crypto has received your payment, your order will be automatically processed and will typically arrive in your inbox within a few minutes. Remember to take a moment to review the full details of the transaction before you finalise your transaction. While it may be the biggest and best-known, there are more than 1, other cryptocurrencies available as of July and growing.
While the value of some of these coins is questionable, there are plenty of other digital currencies worth considering as alternatives to Bitcoin. Want to get your hands on some Bitcoin without actually buying it? There are a few options available:. Over-the-counter OTC brokers can offer better prices, increased transaction limits and faster processing times to large-volume traders.
Check out our OTC cryptocurrency trading guide to find out how buying OTC works as well as the benefits and risks you should be aware of. If you want to buy Bitcoin, start comparing a range of cryptocurrency brokers and exchanges. Look at their features, fees, security and overall reputation to decide which platform is the right fit for you.
You can then sign up for an account and get ready to start trading. However, make sure you research your purchase thoroughly and are fully aware of the risks involved before you buy. Compare Bitcoin exchanges. Each individual Bitcoin is divisible to 0. As a result, the safest option is to transfer your coins to a secure, private wallet. Compare some of the most popular cryptocurrency wallets available. The easiest way to buy Bitcoin in New Zealand is to use a trusted Bitcoin broker.
These services make it as simple as possible to get your hands on some BTC. Their platforms are easy to use, you can pay with NZD using everyday payment methods like your credit card or a bank transfer, and transactions are generally processed quite quickly. There is a limited supply of BTC in circulation and new coins are generated at a predictable rate, but there are several factors that can influence demand.
The time it takes to buy Bitcoin varies depending on the payment method and platform you use. For example, credit card purchases may be processed instantly while bank transfers may take one to two business days to clear.
Check the terms and conditions of your broker or crypto exchange for details of average processing times, and remember that the amount of activity on the Bitcoin network can also have an effect. If you want to sell Bitcoin, you once again have a wide variety of platforms to choose from, including brokers and a long list of crypto exchanges. You also have the flexibility to exchange your Bitcoin for New Zealand dollars or to sell it for an extensive range of cryptocurrencies.
Check out our how to sell Bitcoin guide for step-by-step instructions on what you need to do. Tim Falk is a freelance writer for Finder, writing across a diverse range of topics. Over the course of his year writing career, Tim has reported on everything from travel and personal finance to pets and TV soap operas. Is signing up as an UberX driver worth it? Use the calculator and read our guide to find out how much you might expect to make. We asked 47 experts for their cryptocurrency price predictions and took a deep dive into the Bitcoin price rally.
Water restrictions are easing in Auckland on 14 December Find out where to buy a trigger nozzle in our guide. Find out if and where you can get your hands on one in New Zealand.
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Learn more about our Affiliate Disclosure. Visit Site. Swyftx is an exchange that is predominantly based in Australia. Their platform is excellent and they are constantly making it better. Their online wallet makes things incredibly easy and they have the lowest fees. Swyftx makes the whole process of buying a cryptocurrency incredibly painless, and if you ever have any issues their support team is great. Other exchanges often require you to move your cryptocurrency to a separate online wallet for safety reasons but you can sleep easy knowing your crypto is safe on Swyftx.
You can only trade cryptocurrencies on this exchange so you would have to buy it elsewhere then send it to Binance. Coinbase is huge in the USA but offers very few cryptocurrencies and has huge fees. We originally started Crypto Head to help people make informed decisions in the world of cryptocurrency. It can be very confronting starting off as there are technical barriers to overcome, our goal is to layout information clearly and concisely so you can make decisions.
We highly recommend doing more of your own in-depth research and take our resources as a starting point. Disclaimer: Digital currencies and cryptocurrencies are volatile and can involve a lot of risk. Their prices and performance is very unpredictable and past performance is no guarantee of future performance.
Easy trading you can trust. Special conditions for high volumes. With the relevance of digital assets increasing this equity offer provides an easy on ramp into crypto assets. Buy ordinary shares to invest in crypto. New Zealand based company. Strong governance and compliance. Inland Revenue lays out ruling on how to pay staff in cryptocurrency. Cybercurrency exchange offers more than bitcoin for NZ dollars. New Bitcoin trading platform brings investment to 'everyday New Zealanders'.
BitPrime blog. December 17, December 11,