Do crypto wallets like BitPrime work in NZ?

November 01, 2021 05:11 PM AEDT | By Jasmine Anand
 Do crypto wallets like BitPrime work in NZ?
Image source: megapixel.com

Highlights 

  • New Zealand residents can make use of a variety of crypto wallets like BitPrime for trading in cryptocurrencies.
  • Apart from Bitcoin, the wallet supports over 190 cryptos like Ethereum, Litecoin, etc.
  • The wallet has an easy-to-use interface, thus making it hugely popular among Kiwi crypto enthusiasts.

Cryptocurrencies continue to sell like hotcakes and are not just about Bitcoin alone. Hundreds of other cryptos with distinct features have emerged and crypto investors are now investing their money in newer currencies like Doge, Ripple, Litecoin, and many more.  

Hence, crypto wallets come into the picture, which safely secures digital currencies and manages one's crypto portfolio. In other words, crypto wallets are vital for the purchase/sale/trading in cryptocurrencies.

Cryptocurrencies- BitPrime, Bitcoin, Ethereum, Litecoin

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BitPrime wallet: one of the most sought-after crypto wallets by Kiwis

A popular crypto wallet which is widely used by New Zealanders is BitPrime.

Related Read: Which are the best crypto wallets in New Zealand?

Founded in 2017, BitPrime is a Christchurch-based cryptocurrency retailer established by Ross Carter-Brown and Monique Wright.

Do Crypto Wallets like BitPrime work in New Zealand?

It is trusted by nearly 31,000 Kiwis and offers a secure platform for fast and easy crypto retail trading.

Apart from Bitcoin, its wallet supports over 150 cryptocurrencies like Ethereum, XRP, Litecoin, Bitcoin Cash, etc.

A little about BitPrime trading process

BitPrime retail trading process is simple and hassle free, with just the requirement of an NZ bank account. Once a BitPrime wallet has been set up, and validation has been approved by the exchange, crypto investors can easily buy or sell cryptocurrencies.

Interesting Read: Some useful qualities you should find in a crypto wallet!

So far, two million cryptos have been bought, while 90 million have been sold using BitPrime.

Further, the wallet offers two payment options, i.e, standard internet banking as well as POLI payments.

Backed by expert guidance

BitPrime wallet users have access to expert support and advice, in case of any trading-related query.

Do Read: Where can you store your crypto? 10 prominent multi-crypto wallets

Also, it provides educational stuff like a step-by-step guide and video for beginners to help them learn the basics of the working of the crypto wallet.

Bottom Line

BitPrime wallets are secure and ensure maximum safety. It requires its users to undergo a verification process. Moreover, the fees charged are significantly less as compared to its peers.


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