32 rows · New Zealand exchanges are regulated by the FMA and must comply with the “fair dealing” . 32 rows · Feb 15, · A cryptocurrency exchange is an online platform where you can buy, sell and . Oct 09, · BitPrime is New Zealand's premier cryptocurrency retailer that can supply you with Bitcoin, as well as over different cryptocurrencies. We also provide FREE advice on secure ways to store Bitcoin and are happy to help with any technical questions that you have.
New zealand bitcoin tradersBest cryptocurrency exchanges in NZ for | Finder NZ
Spending day after day waiting for a withdrawal to arrive in your bank account or crypto wallet can also be extremely stressful, so check average processing times before you register. Security is a crucial factor to consider when choosing a crypto exchange. History is littered with many famous examples of exchanges being hacked and unsuspecting users falling victim to theft and fraud, so make sure you do your research into what security measures are in place to protect your funds.
Though authorities around the world are starting to catch up to the rapid growth of crypto exchanges, the industry as a whole is still lightly regulated.
How an exchange is regulated depends on where it is based, so do your research to find out whatever information you can about the platform operators. As always, check the fine print to find out whether any of these geographical restrictions apply to you. This is a crucial but often overlooked factor when comparing crypto exchanges. Does the exchange have a reputation as a secure and reliable platform?
Read independent online reviews from other users to find out all about their experiences, both positive and negative, with the platform. Where does it excel and where does it fall short? Would they recommend the exchange to friends and family? Compare cryptocurrency exchanges.
So how do cryptocurrency exchanges work? And how exactly can you buy and sell crypto on an exchange? Read on for step-by-step instructions on what you need to do. However, not all exchanges accept all payment options.
To make things more complicated, some exchanges might accept one payment method for withdrawals, but not for deposits. Processing times, fees and limits can all vary depending on the payment method you choose, so read the fine print to learn the ins and outs of each payment option. For example, while credit card deposits might be processed quickly, they usually attract high fees.
Meanwhile, bank transfer deposits may not attract any fees, but they can take business days to process. Fees vary between platforms and may include:.
For more on cryptocurrency exchange fees, check out our in-depth guide. When you buy cryptocurrency on an exchange, those digital coins are typically deposited straight into your exchange wallet.
If you want to keep your coins in this wallet, you can. However, using an exchange for long-term storage is not recommended. And with exchanges regularly and sometimes successfully targeted by hackers, storing bitcoin or any other crypto on an exchange long-term is very risky. A much safer option is to transfer your coins off the exchange and into a secure wallet that lets you control your private key.
Get more information on comparing and choosing a reliable cryptocurrency wallet. While regulators are gradually implementing laws and guidelines to help protect consumers against fraud, there are still plenty of dodgy exchange operators out there. Falling victim to theft is a major concern for any crypto buyer, so what can you do to protect yourself against scam crypto exchanges?
For more info on how to stay safe when buying and selling cryptocurrency, check out our guide to bitcoin scams. Not all crypto exchanges are created equal, and not all crypto buyers and sellers have the same trading needs.
Check out our reviews of a range of leading cryptocurrency exchanges in New Zealand and around the world. Compare the features, fees, and pros and cons of each exchange and consider how they align with your trading requirements.
Andrew Munro is the cryptocurrency editor at Finder. Andrew has a Bachelor of Arts from the University of New South Wales, and has written guides about everything from industrial pigments to cosmetic surgery.
LocalMonero is a global peer-to-peer marketplace where users can buy and sell Monero XMR using their local currency.
Find out how the platform works in this detailed guide. If you want to buy or sell digital currencies on the Liquid crypto exchange, check out our review of its fees, features and payment methods as well as its pros and cons.
If you want to know more about the features, fees and pros and cons of the DDEX cryptocurrency exchange, check out our comprehensive review. A comprehensive review of Uphold, the cloud-based financial services platform where you can hold, move, convert and transact in fiat currency, cryptocurrency and even commodities. 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.
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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. See deals now. Andrew Munro.
Fact checked. Navigate Cryptocurrency Cryptocurrency What is cryptocurrency? Cryptocurrency exchanges Cryptocurrency wallets What is the blockchain? Bitcoin mining Popular cryptocurrencies. Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Bank transfer,POLi. Go to site View details. BitPrime Cryptocurrency Retailer. Binance Cryptocurrency Exchange.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support. UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers. Disclaimer: Volatile investment product. You should consider whether you can afford to take the high risk of losing your money.
Copy the trades of leading cryptocurrency investors on this unique social investment platform. Dasset Cryptocurrency Exchange. Bank transfer,Cryptocurrency,POLi. A New Zealand-based cryptocurrency exchange that allows you to buy and trade between NZD and major cryptos on a full-featured trading platform.
Poloniex Digital Asset Exchange. Credit card,Cryptocurrency. Trade various coins through a global crypto to crypto exchange based in the US. IO Cryptocurrency Exchange. Disclaimer: Highly volatile investment product. Your capital is at risk. Paybis Cryptocurrency Exchange. Buy Bitcoin and other popular cryptocurrencies with credit card or debit card on this digital cryptocurrency exchange.
Kraken Cryptocurrency Exchange. Buy, sell and trade a range of digital currencies on this high-liquidity exchange — suitable for beginners right through to advanced traders. UK residents: In addition to normal crypto trading, Kraken offers margin lending.
Changelly Crypto-to-Crypto Exchange. Credit card,Debit card. Independent Reserve Exchange. Trade AUD and other fiat currencies against a wide range of cryptos at competitive rates. Bitfinex Professional Trading Exchange. Cryptocurrencies are a highly volatile investment product. Spot trade all of the major cryptos on this full-featured exchange and margin trading platform. Coinmama Cryptocurrency Marketplace. Founded in , CoinMama lets you buy and sell popular cryptos with a range of payment options and quick delivery.
Paxful P2P Cryptocurrency Marketplace. Bank transfer,Cash,Credit card,Cryptocurrency,Debit card. Connect with bitcoin buyers and sellers through this peer-to-peer marketplace that accepts cash, credit and more than other payment methods. YoBit Cryptocurrency Exchange. Bibox Cryptocurrency Exchange. Trade crypto to crypto with a choice of over currencies on this global exchange based in China. KuCoin Cryptocurrency Exchange. Credit card,Cryptocurrency,Debit card. Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
CoinSwitch Cryptocurrency Exchange. CoinSwitch allows you to compare and convert over cryptocurrencies across all exchanges. BitBay Cryptocurrency Exchange. Indacoin Cryptocurrency Exchange. Use your credit or debit card to buy bitcoin and other cryptocurrency without having to verify your identity. View details. CoinCorner Bitcoin Exchange. Bank transfer,Credit card,Debit card,Neteller. Bittrex Digital Currency Exchange. Cryptocurrency,Wire transfer. Bitstamp Cryptocurrency Exchange.
A global cryptocurrency exchange that facilitates crypto to fiat transactions, where you can use EUR or USD to buy bitcoin and popular altcoins. ShapeShift Cryptocurrency Exchange. Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin. OKEx Cryptocurrency Exchange. Bank transfer,Cryptocurrency,WeChat. Listing over cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from. Bithumb Cryptocurrency Exchange.
A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies. A decentralised cryptocurrency exchange where you can trade over ERC20 tokens. Bitit Cryptocurrency Marketplace. Buy cryptocurrency with cash or credit card and get express delivery in as little as 10 minutes.
Huobi Cryptocurrency Exchange. Huobi is a digital currency exchange that allows its users to trade more than cryptocurrency pairs. Load More. Compare up to 4 providers Clear selection. What's in this guide? Compare cryptocurrency exchanges available in New Zealand What is a cryptocurrency exchange? How to choose a cryptocurrency exchange How to use a cryptocurrency exchange: step-by-step guides Exchange payment methods Cryptocurrency exchange fees How to avoid a crypto exchange scam Next steps: How to get started FAQs A-Z of cryptocurrency exchanges.
Brokers Best for: Crypto novices, those looking for a quick and easy way to buy cryptocurrency The downsides: Costs more than other options; may not offer as wide a selection of cryptocurrencies Cryptocurrency brokers often offer the simplest and most convenient way to buy cryptocurrency. Investments are subject to market risk, including the loss of principal.
It supports Bitcoin, Ethereum, Litecoin, Zcash and many other coins. It also offers unique features like copy trading. We may receive compensation when you use eToro.
Please visit eToro for its exact pricing terms. It caters to retail users, traders, SMSFs and institutions. They use encrypted, geo-dispersed data centres and top tier underground vaults to protect your data and crypto. This is an ad. We may receive compensation when you use Independent Reserve. Please visit Independent Reserve for its exact pricing terms. Coinmama allows customers in almost every country to buy bitcoin.
They charge a 4. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama. We may receive compensation when you use Coinmama. Please visit Coinmama for its exact pricing terms.
Founded mid, Kraken is the one of the world's largest cryptocurrency exchanges, and the largest in Europe based on daily average trading volume.
It is available in almost all countries. LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. Users may advertise trades for whichever payment method they prefer. Buying bitcoins via an in-person meeting, secured and facilitated by LocalBitcoins, may be one of the fastest and most private ways to buy bitcoins in any country, including the United States , Europe besides Germany , UK , Singapore, Canada , Australia and many more.
We may receive compensation when you use LocalBitcoins. Please visit LocalBitcoins for its exact pricing terms. You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. Since the popularization of bitcoin, different countries around the globe have had varying rates of adoption. New Zealand played a part in this by becoming the first-ever country to approve salary payments made in the digital currency.
One of the reasons for this could be that New Zealand has a stable and healthy economy. The NZ dollar is strong, deflation is low, and New Zealanders are able to transfer money internationally with relative ease.
In contrast, people in countries such as Venezuela jumped at the chance to use cryptocurrencies as a way to escape the unmanageable rate of devaluation on their own currencies. Although the initial use of bitcoin was gradual, as a tech hub New Zealanders quickly became interested in bitcoin and its underlying blockchain technology.
Things have come a long way since the early days of bitcoin. NZ's bitcoin and cryptocurrency sector is reported to be booming with developments, and at any given time there is likely to be a selection of blockchain events taking place in NZ.
One of the easiest ways to buy Bitcoin in New Zealand is through cryptocurrency exchanges. There are several exchanges offering Bitcoin in New Zealand, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet.