First you will need to register for an account at an exchange/broker and go through an ID verification check. – how long it takes to create, pay for and complete your order – and how long it takes for your chosen service to dispatch your crypto to your personal wallet. New Zealand is home to a range of crypto exchanges and services, some making it extremely easy to buy and sell cryptocurrencies like Bitcoin in minutes. No. Alternatives to using regulated services to acquire crypto include crypto mining, buying P2P, airdrops, Bitcoin ATMs, and decentralized exchanges. Always do your own research and seek a diverse range of perspectives when learning about a new project. Jump right in: Click here to buy crypto in New Zealand. Setup your Crypto Wallet. Pay for the purchase with a POLi payment or bank transfer. You wouldn’t tell the world you have gold bars buried in your back yard. Enter how much you want to buy and your wallet address. Bitcoin, Ethereum, XRP, G) Select how much NZD worth of Bitcoin you want to buy, then click ‘Buy‘, H) Head to your Bitcoin wallet and copy your Bitcoin wallet address, I) Paste your Bitcoin address into the field, confirm it’s correct then click ‘Next step’. All New Customers Need to Verify their ID to Meet our Obligations under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009. Probably Not! Buy & Sell Directly with an NZ Based CRYPTOCURRENCY RETAILER. Disclaimer – this is not financial advice in any way, shape or form. The House Buying Costs You Need to Know About, What to do if You Have Less Than a 20% Deposit for a House, Canstar Reveals the Best KiwiSaver Providers 2020, Keeping Track of Your Kiwisaver Balance & Contributions. It’s possible to learn the basics, set up a wallet, and buy and own cryptocurrency in New Zealand in around 30 minutes or less. It caters to retail users, traders, SMSFs and institutions. Buy With Internet Banking; Buy With Credit Card; Sell Crypto; Swap Crypto; Trading Desk/BitPrime OTC; Getting Started. Sign up to receive more news like this straight to your inbox. Canstar is providing factual information supplied by providers. Now that your account has funds in it, you are free to purchase any type of cryptocurrency. J) Select your payment method – Account2Account, POLI Pay or manual bank transfer. The following is a comprehensive list of where to buy Bitcoin (and other cryptocurrency) in New Zealand. You can find your Bitcoin address in your Bitcoin wallet. But, in reality, understanding how exchanges work and the core ideas behind your investments is pretty easy. Create an Order creation and delivery speeds – how long it takes to create, pay for and complete your order – and how long it takes for your chosen service to dispatch your crypto to your personal wallet. Related article: How to buy Bitcoin in New Zealand. Once Verified you can Buy and Sell Cryptocurrencies. Aimed at more seasoned traders rather than beginners, Binance has everything … All orders are processed in […] The material on this website is for information purposes only. A Kiwis guide to the future of money. Crypto buying speeds vary in three key ways: Account creation and verification speeds – the time it takes from signing up with your chosen service to them confirming your identity. The first thing you have to find out when you're going to buy a cryptocurrency is where you can buy it. Why BitPrime? Verify Your ID; Step 3. (. Premium Petrol, Is It Worth It? Our guides make learning about cryptocurrency easy – allowing you to buy, trade and store your cryptocurrency in as much time as it takes to set up a new bank account. For a more in-depth guide on what to look for when choosing a cryptocurrency exchange in NZ, click here. This information is not an endorsement by Canstar of cryptocurrency or any specific provider. Absolutely – selling crypto is just as easy as buying it. We personally believe Bitcoin and Ethereum are the best coins to start with, thanks to their proven track record, real world utility and highly active communities. It is recommended you seek advice from a financial adviser which takes into account your individual circumstances before you acquire a financial product. :-), nd other cryptocurrency in New Zealand is through a Kiwi crypto retailer like, Depending on your service of choice, it’s possible to sign up with an NZ crypto trading service, verify your account, buy crypto and have it delivered to your personal, – the time it takes from signing up with your chosen service to them confirming your identity. For more information on wallets, how to set them up and how Bitcoin addresses work, visit our cryptocurrency wallet guide. Easy Crypto is New Zealand’s fastest place to buy and sell over 55+ cryptos, including Bitcoin, Ethereum and XRP. Choose your username and password, fill in your personal information and set up 2-factor authentication (2FA), which gives your account an added layer of security. Conversions from physical to virtual currency are usually calculated with USD, but some can easily be converted into NZD, EUR, or AUS. When choosing an exchange, the main things you should keep in mind are: For a long time, buying cryptocurrency in NZ was not so easy. How BitPrime Works. Never invest more than you can afford to lose, crypto markets are known to be notoriously volatile. Founded in early 2017, BitPrime is a solid platform for Kiwis looking to buy and sell crypto. Once you’ve chosen the crypto exchange that suits your needs, signing up is usually pretty straightforward. But if you’re new to cryptocurrency, it can be tough knowing where to get started. Depending on your service of choice, it’s possible to sign up with an NZ crypto trading service, verify your account, buy crypto and have it delivered to your personal crypto wallet in 30 minutes or less. If you’re looking for a global cryptocurrency exchange where you can purchase different altcoins in exchange for an NZD deposit, Binance is the perfect platform for you. So, you're new to the crypto market and you want to find out what the easiest way to buy Bitcoin in New Zealand is? There are many ways to acquire crypto, even in New Zealand, however, the easiest, safest, and fastest way is to buy it. BitPrime is a Christchurch based cryptocurrency retailer who provides a trusted and reliable gateway between the NZD and 92+ cryptocurrencies including Bitcoin. Enter how much NZ$ you want to invest or how much of the coin you want to buy, double-check the details are correct and confirm your purchase. Cryptocurrency Made Easyhttps://www.easycrypto.nz/Buy over 57+ Cryptos at the best rates in New Zealand with Easy Crypto. © Copyright 2016 Canstar New Zealand Ltd Reg. All NZ services showcased below allow users to sell back crypto 24/7, 365 days a year. Within minutes you can sign up and place an order, and have New Zealand Dollars en route to your NZ bank account with ease. How to process cryptocurrency payments in New Zealand — BitPay BitPay allows retailers to accept Bitcoin, Bitcoin Cash, Ether, or Ripple and is the largest crypto payment processer worldwide. How to Buy Cryptocurrency in NZ - Step by Step 1. You can also receive crypto by accepting it as payment for the goods and services you sell. You pre-load your favorite cryptos onto your chosen card (such as Wirex or Crypto.com). Check the amount and confirm the purchase. You can mine cryptocurrency directly from your computer or from your mining farm. If you’re in NZ and want to purchase crypto directly with NZ$ (and don’t want to pay unnecessary and often hidden, conversion fees), make sure you sign up with a local exchange that offers this service. We automatically process your orders, meaning you can have crypto in your wallet within minutes after making an order. … Disclaimer: All information, guides and recommendations below are based on our own research, preferences and experiences. Easy Crypto NZ is New Zealand’s most popular cryptocurrency retailer, making it safe, fast, and easy for Kiwis to buy and sell over 97+ cryptocurrencies in minutes – including Bitcoin, Ethereum, and XRP. Cryptocurrency exchanges enable you to buy and sell cryptocurrency and some allow you to convert it back into money – like New Zealand dollars at any time if someone is willing to buy it. You can buy Bitcoin using EFT, Osko/PayID, POLi and SWIFT. 37 talking about this. But, thankfully, those days are over. However, if you want to invest in just Bitcoin, there are a few ways you can buy Bitcoin in New Zealand. Getting the lay-of-the-land and understanding what the coin does before you invest can help you get your crypto journey started off on the right foot. Never try and type out your Bitcoin wallet address manually, always copy and paste it to guarantee you're giving Easy Crypto your correct address. Select the cryptocurrency you want in the “Buy” section. If you do your research and compare exchanges before choosing one and you’ll likely be off to a good start. Pay for the purchase with a POLi payment or bank transfer. However, if you’re new to the space it’s a good idea to start off small and learn a bit about crypto before you dive right in. We’d recommend going with Account2Account or POLI Pay, to allow you to pay instantly. Some want all the advanced trading features, while others are just after the easiest way to buy crypto and let their investment grow. How We Work & Crypto Basics; BitPrime FAQ’s; Step 2. But there are also over six thousand cryptocurrencies with more popping up almost every other day. Cryptocurrencies are known to be extremely volatile and fluctuate in price. Some big investment firms also offer cryptocurrency index trading, where you can invest in an index across a range of cryptocurrencies, including Bitcoin. Some people want the widest selection of coins. Beginners Guide to Cryptocurrency Wallets; Step 4. i.e. Crypto Debit Cards NZ – New Zealand’s Ultimate Guide (2021) Harry Satoshi December 10, 2020 Enter cryptocurrency debit cards – the cards that let you spend Bitcoin and other crypto at almost any place in NZ where you can buy things with NZD. A) Head to the Easy Crypto NZ website: https://easycrypto.ai/nz/, D) You have two options for verification; SumSub or manual verification, SumSub – Automatic account verification, use your ID to verify your account in under 2 minutes (recommended), Manual verification – Have someone at Easy Crypto manually verify your account, in 24 hrs or less, E) Head back to the Easy Crypto homepage (https://easycrypto.ai/nz), F) Select the cryptocurrency you want to buy. This can all be done in a few short minutes with a passport or another form of ID. As soon as your NZD reaches Easy Crypto’s bank account, your Bitcoin is released and sent to your personal Bitcoin wallet. Compare & choose an online exchange or trading platform, Add your bank account, select payment method & make a deposit, Go to the buy section & select the cryptocurrency you want to trade, Enter the amount you want, double-check the details and confirm your purchase, Company authenticity and platform security, The ability to buy coins direct with NZ$ (possible with many local exchanges). 'https' : 'http') + '://btn.createsend1.com/js/sb.min.js?v=3'; e.className = 'createsend-script'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(e, s); })(); By subscribing you agree to the Canstar Privacy Policy, © Copyright 2021 CANSTAR Pty Limited AR 443019 All Rights Reserved, facebook Keep your crypto private. The price you see is what you pay. Others are looking for NZ-based and personalised customer support. Where to buy Dent Coin – Top 5 Exchanges. Exchanges often offer deposits by bank transfer, PayPal, POLi, or credit and debit cards. Sign up & verify your email & identity. I’ll get back to you asap. You should always do preemptive research on anything you buy and on any financial service you use. All you need to do is set up a Bitcoin wallet, sign up with a NZ Bitcoin exchange and finally place and complete and order for Bitcoin, and wait for it to arrive in your wallet. Our next steps will show you how to buy Bitcoin, but for other cryptocurrencies like Ethereum Easy Crypto works the same way. Select the cryptocurrency you want in the “Buy” section. Almost there! Cryptocurrency can sometimes be complex but with our in-depth guides, we’ll help you get a handle on it. Buy Now at Independent Reserve's Secure Site Established in 2013, Independent Reserve is one of the most trusted exchanges in Australia & New Zealand. K) Follow through with one of Easy Crypto’s payment methods and complete your order. KiwiCoin is one of New Zealand’s legacy cryptocurrency exchanges, providing direct and secure trading between Bitcoin (BTC) and the New Zealand Dollar. Check the amount and confirm the purchase. Hopefully, you’ve found this step-by-step guide on how to buy cryptocurrency in New Zealand useful. Everyone has an opinion on Bitcoin – take it with a grain of salt and do your own research. During our experiment the majority of our crypto came from our employment, however there are many solid ways of acquiring cryptocurrency on a regular basis in NZ: You can use Easy Crypto’s Auto-Buy feature to automatically buy cryptocurrency. To verify an account with an NZ exchange, you need to: – Be 18 years or above.– Have a valid NZ passport or drivers license.– Have an NZ bank account under your own name.– Have $40 to meet minimum order requirements. Go to the buy/trade crypto section and select the cryptocurrency you wish to purchase. A crypto debit card is a pre-paid card that connects to your crypto wallet, which allows you to spend your crypto at almost any place in NZ where you can buy things using your standard Visa or Mastercard bank card. Come join us in the local community groups and meetups and help make NZ a driving force in the crypto age! No exchange comes even close to listing all of them. From there all you have to do is verify your email, which will then prompt you to verify your identity (and potentially provide proof of residence). New Zealand is home to an active, friendly and rapidly evolving crypto scene. Always make sure to triple check you’ve provided Easy Crypto with your correct wallet address - Bitcoin transactions are irreversible. Bitcoin (BTC) Conceived in 2008 during the global financial crisis, Bitcoin was the first cryptocurrency ever created. BitPay allows a retailer to settle their payments in their local currency, Bitcoin, or a mix of the two. Once you have added your bank account and selected your preferred payment method, you can make a deposit into your account. Canstar is not providing a recommendation for your individual circumstances or in relation to any particular product or provider. Getting started with cryptocurrency is safe, fast and easy. This is so Easy Crypto knows where to send your Bitcoin to once you’ve paid for your order. (To allow you to buy/sell/exchange). The display order does not reflect any ranking or rating by Canstar. The table does not include all providers in the market. If you need a hand with crypto or have any questions about the site, feel free to drop them below. However, with so many NZ and international crypto exchanges out there, it can be a little overwhelming to choose the one that’s right for you and your trading needs. Register for an account on the platform, including providing any personal details and proof of ID required. The company explicitly differentiates itself from exchanges and brokers by defining itself as a cryptocurrency retailer. If you’re wondering how to buy cryptocurrency in New Zealand, we run you through an easy, step-by-step process to get you started on your crypto journey. Place an Order; Knowledge Base; Blog; About Us. Cryptocurrencies are speculative, complex and involve significant risks. Related article: A Guide to Micro-Investing Apps For Beginners. Also, Learn why Crypto is Cheaper, Faster, More Secure, and how Crypto & Blockchain is Helping … How to Buy Bitcoin in … The hunt is over, you’ve just found the easiest and fastest crypto broker in New Zealand. Stay up to date with Cryptocurrency NZ’s latest efforts to drive crypto adoption and awareness across Aotearoa. Sign up with an exchange/broker. To easily locate the NZ exchange selling the cheapest crypto, we’d recommend checking. Anything that promises guaranteed returns is almost certainly a scam. As a Professional Financial Services Provider, we take Security and Fraud Prevention Seriously. And, that’s basically it! If you want to buy cryptocurrency with New Zealand dollars, using a crypto exchange that accepts bank transfers can be one of the cheapest and most convenient solutions. Easy Crypto’s systems will automatically kick into gear and send your Bitcoin to you in 20 minutes or less. The largest cryptocurrency exchange in the U.S. is a place to buy, sell and hold digital currencies like Bitcoin and Ethereum. BitPrime is another popular New Zealand based platform, registered as an NZ financial services provider, to buy or sell various cryptocurrencies, including Bitcoin. Here are some of the main ones: Real Estate vs Shares: Which is the Better Investment? From there you’ll find the latest price trends and coin rankings, and be able to gauge a snapshot overview of each top crypto and discover learning resources to help you dive deeper into your research. A growing number of cryptocurrency trading exchanges allow you to create a wallet to store your cryptocurrency, as well as buy and sell on the exchange. Select your payment currency, which in this case is … Follow the guide below to learn how to buy cryptocurrency in NZ: Note: Buying cryptocurrency is pretty straightforward. Most cryptocurrency exchanges allow you to create an account, then transfer fiat currency (such as NZ$) to buy cryptocurrencies, like Bitcoin or Ethereum. Its content is intended to be of a general nature, does not take into account your financial situation or goals, and is not a personalised financial adviser service under the Financial Advisers Act 2008. Take your time, do your research, read customer reviews and look for an exchange that is upfront about who they are and the fees they charge. Get started with our A-Z of cryptocurrencies to learn more, or head straight … Crypto can seem complicated and daunting at first. You can sign up and be verified to start buying and selling within 4 minutes on average, thanks to our automated system. All it takes is a bit of research before you dive in. The safest, fastest, and easiest way to buy Bitcoin and other cryptocurrency in New Zealand is through a Kiwi crypto retailer like Easy Crypto NZ. But, if you’re new to the crypto space and feeling a little overwhelmed, don’t fret. How To Buy Cryptocurrency In NZ: In this article we cover: Everyone has their own preferences and trading goals, which will dictate the exchange they should choose. There are hundreds of exchanges out there. If it’s too good to be true, it probably is! Network processing speeds – how fast crypto transactions are processed by the crypto networks. If you want to buy cryptocurrency, you need an online app called a “wallet” to hold your currency. overview of each top crypto and discover learning resources to help you dive deeper into your research. (. To help you get started, here’s Canstar’s 5-step guide to buying cryptocurrency. Easy Crypto RECOMMENDEDEasycrypto.nz is a full service cryptocurrency broker in New Zealand. Check back with your wallet shortly, and welcome to the club! New Zealand anti-money laundering laws (AML) require all Kiwis to verify their identities before they can buy and sell cryptocurrency through regulated NZ crypto trading platforms. The way they work is simple. Navigate your way to the “Buy” screen. Enter how much you want to buy and your wallet address. For more information on how to buy Bitcoin across the ditch in Oz, check out the story How to Buy Cryptocurrency in Australia on our Aussie website. Ready to go? For first time buyers, here’s a handy guide. (This is not in the control of your chosen service). To own cryptocurrency, you must first have a place to store it! 3225469 (FSP200146) All rights reserved. It’s available on some of these crypto exchanges that take NZ$: The display order does not reflect any ranking or rating by Canstar. – how fast crypto transactions are processed by the crypto networks. Always triple check that the Bitcoin address you’ve provided is correct – cryptocurrency transactions are irreversible. Some cryptocurrencies are offered through ICOs. linkedin. KiwiSaver: Which Fund Type is Right For Me? Choose an exchange that offers free, instant NZ deposits. Step 1. Not your keys, not your crypto – make sure you store your crypto in your own wallet, not someone else’s! ? If you are interested in investing in Dogecoin, there are a number of cryptocurrency exchanges that buy, sell and trade it. Select Bitcoin as the cryptocurrency you want to buy. How To Buy Cryptocurrency In New Zealand In 5 Easy Steps, Compare Travel Based Credit & Debit Cards. You can buy over 70 cryptocurrencies at the cheapest broker prices in New Zealand through us. Buying Bitcoin and other cryptocurrencies in New Zealand is easy. Once you’ve chosen the crypto exchange that suits your needs, … (function () { var e = document.createElement('script'); e.type = 'text/javascript'; e.async = true; e.src = ('https:' == document.location.protocol ? An exchange/broker is a service where you’ll deposit New Zealand dollars and swap it for Bitcoin (or other Cryptocurrencies). Asking an exchange via their live chat can be a helpful way of finding this out, while testing the quality and authenticity of their customer support, which can be very important if you’re just getting started. Well, you've come to the right place! We believe the best place to start is with Bitcoin (BTC), the oldest, largest and most well known cryptocurrency in the market. The platform offers an all-inclusive service, so there are no separate fees or charges. If you’re unsure on what coins to buy, we’d recommend examining CoinMarketCap to learn about the crypto markets’ most popular coins and projects. As time goes by it’s becoming much easier and there are plenty of excellent services around to buy … Exchange and buy cryptos Exchanging physical money is the best way to buy cryptocurrencies and services. Buy / Sell. Thousand cryptocurrencies with more popping up almost every other day you acquire a product! Needs, signing up is usually pretty straightforward for the purchase with a POLi or! Some of the two ; about us pre-load your favorite cryptos onto your chosen Card ( as! Work & crypto Basics ; BitPrime FAQ ’ s 5-step guide to buying cryptocurrency deeper into your.! Through with one of easy crypto ’ s payment methods and complete your order verify their ID to Meet Obligations! And Countering Financing of Terrorism Act 2009 all NZ services showcased below allow users to sell back crypto 24/7 365! 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