New zealand salary Bitcoin in traders magazine - insider tips So, if you are looking to invest metallic element crypto metal. Bitcoin is money, but to buy Bitcoins, you need to charge money to cause else. The more high-tech the financial methodicalness of your people is, The better the financial system you dead in, the easier it is to exchange. BitPrime - The Best Way To Buy And Sell Cryptocurrency in NZ. Skip to content. Fast secure cryptocurrency. retailer. NZ owned & operated. Trusted by over 14, Kiwis. BitPrime operates a secure and compliant platform for easy retail trading. GET STARTED. For instance, our trade platform offers different multiplier indexes for the same digital tokens. EOS can be purchased by multiplier x3 or x20, while for Bitcoin the maximal multiplier is x That means investing USD, you can purchase Bitcoin for $15 To trade .
Bitcoin traders new zealandBitPrime - The Best Way To Buy And Sell Cryptocurrency in NZ
When it comes to using Bitcoin, there are many different ways. You've likely heard about people who have made a lot of money by owning the digital currency for yonks and then selling it when it gained popularity and the value skyrocketed. To potentially profit is one of the biggest drawcards for crypto with many choosing to buy and sell it as a short-mid term investment. Others choose to use crypto as a store of value, to further diversify their investment portfolio, or to support the development of the technology and the myriad of blockchain use-cases.
Nowadays, more and more retailers, both online and brick and mortar, are choosing to accept various cryptocurrencies as a payment method for their goods and services. Currently, the most widely used and accepted cryptocurrency is Bitcoin. Merchants can easily integrate Bitcoin payments through the use of apps such as BitBucks and Shopify! Now that you know that Bitcoin functions similarly to traditional fiat currencies e.
And that's where BitPrime comes in! By having a verified account with us, you can easily buy Bitcoin using your New Zealand Dollars - as easily as any other online purchase! And if you already have some cryptocurrency and you wish to sell exchange it for New Zealand Dollars we do that too. Continue reading to find out how! If you've made it this far, then you probably have a rough idea of what Bitcoin is. We aim to process all verification requests within two hours where possible, and the sooner you submit your application, the sooner you can purchase Bitcoin!
All financial service providers in New Zealand have to follow this act and cryptocurrency providers are no exception. We also need to prove that whoever is ordering from us is paying from a bank account in their name and that the funds aren't coming from an illegitimate source or a third-party. All ID documents are stored in a heavily encrypted database. Make sure you read these carefully to ensure we are the right platform for you. Remember, we aren't a bitcoin exchange per se; we are a cryptocurrency retailer.
More detail on exactly what this means is found on our How It Works page but, in short, we operate like any other retailer simply buying or selling a product for money. As for the actual verification process itself, we have published a walkthrough guide in our Knowledge Base for you to refer to should you get stuck.
The next thing to organise is a wallet to store your Bitcoin and other cryptocurrencies. The best one for your needs will depend on which currencies you want to use, what device you want to use, and if you're prepared to pay for a wallet or not. We have a whole page dedicated to helping you understand how wallets work and how to choose one here. Another option is to purchase a hardware wallet. A hardware wallet is a physical USB device which stores your private keys and authorises transactions.
It works in the same way as a software wallet but has an additional layer of security in that you're only connected to the internet when you plug the device in, and they are fairly easy to use once setup. Once again, we have numerous guides to help you with this and any related troubleshooting. Ledger and Trezor devices both support a broad range of cryptocurrencies, eliminating the need for multiple wallets and maximising security. We are affiliates of both because they are the only two manufacturers we recommend.
Only ever purchase a new device and avoid secondhand ones to be certain that nobody else has the devices recovery phrase. The last step is to go ahead and buy your Bitcoin. 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. Optional, only if you want us to follow up with you. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
While we are independent, the offers that appear on this site are from companies from which finder. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site.
While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. Tim Falk. Fact checked. We are different to an exchange or a brokerage because you hold your own coins, not us.
Furthermore, as a retailer, we are particularly passionate about offering personalised service with a strong focus on education and support. Deal directly with a NZ based cryptocurrency retailer for simplicity, education and extra security. Access to a diversified portfolio of crypto assets. Engagement with specialist industry advisers. Alts are being sent normally, BTC orders can be executed but delivery may be delayed.
Fast secure cryptocurrency retailer. Trusted by over 14, Kiwis. BitPrime operates a secure and compliant platform for easy retail trading. NZ's cryptocurrency retailer. Bitcoin Cash. Unsure about cryptocurrency?