Know the 5 popular crypto exchanges in NZ

Highlights

• NZ boasts numerous crypto exchanges which offer a smooth trading experience to crypto enthusiasts.
• These exchanges have a simple user interface and offer enhanced security to their users.
• Some of these popular exchanges include Binance, Easy crypto, BitPrime, etc.

With an astronomical rise in the popularity of cryptocurrencies, tech-savvy investors are allured into investing in these new-age digital currencies.

Interesting Read: How crypto assets are treated for tax purposes in NZ

Even New Zealanders have jumped on the bandwagon and are investing in these popular-yet-volatile digital assets.

Here, in this article, we will look at the five popular crypto exchanges operating across the Kiwi nation.

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Binance

Binance is one of the most popular crypto exchanges across the globe, which also operates in the Kiwi nation.

Related Read: Top 10 crypto exchanges to explore as digital coins gain popularity

Besides Bitcoin, the platform offers a huge range of alternative coins and trading pair combinations and provides 24/7 customer support.

Being one of the cheapest platforms for buying, selling and trading in cryptocurrencies, Binance charges lower fees between 0% and 0.1% as compared to other exchanges.

Following the completion of a quick KYC process, one can easily buy crypto using an NZ debit/credit card at Binance.

It is noted that the exchange boasts facilitating more than 1,400,000 transactions per second worldwide, with an average daily volume of US$2 billion.

Swyftx

Established in 2017, Swyftx started its dedicated New Zealand platform in 2021, focusing on making crypto trading simple and hassle-free for its users.

The exchange boasts low fees, small spreads, an easy-to-understand user interface and offers fast chat and phone support.

This crypto trading platform offers more than 280 coins, including the world's most famous crypto, Bitcoin, and other altcoins like Ethereum, Ripple, etc.

Multiple payment options are offered by the exchange like bank Transfer, Credit Card & POLi.

Swyftx supports two-factor authentication, thus ensuring enhanced security for the user’s account.

Easy crypto

Another popular place to buy cryptocurrencies in the country is NZ-based Easy crypto, which was launched in 2017.

Supported by more than 100K customers, the platform is user-friendly, providing a smooth and secure cryptocurrency trading experience.

Easy Crypto is licensed under the AUSTRAC (Australian Transaction Reports and Analysis Centre) and fulfils the KYC and AML requirements.

The platform is laced with a two-factor authentication feature, which makes it difficult for hackers to hack into the system and swindle money.

Moreover, Easy crypto has expanded its services to countries like Australia, South Africa, Brazil, and Nigeria.

BitPrime

Next comes BitPrime, which is a famous NZ owned & operated crypto trading platform, offering trading in over 150 cryptocurrencies.

It makes crypto retail trading easy by offering a secure and compliant platform, which is trusted by more than 31,000 NZers.

Must Read: Do crypto wallets like BitPrime work in NZ?

Moreover, the platform also provides education and wallet support to its users and has two payment options, i.e., POLI and Standard Internet banking, for facilitating faster processing.

It is noted that BitPrime is IRD complaint and offers protection against  DDoS attacks with full data encryption, thus ensuring security for its users.

Gemini

Last on the list is Gemini, which is a simple and secure cryptocurrency trading platform.

Regulated by the New York State Department of Financial Services, the platform also offers its services across New Zealand, providing a wide range of cryptos like BTC, ETH, LTC, MANA, SAND, ENJ, etc.

Moreover, it also offers fiat currencies like UAD, SGD, AUD, GBP, and EUR.

The platform is equipped with industry-leading security control measures to better protect its users and their accounts.

Bottom Line

In this ever-emerging world, crypto exchanges are offering innovative and distinctive services at competitive fees to allure crypto investors.