How to Buy Bitcoin in Christchurch, New Zealand?
Anyone considering buying Bitcoin in New Zealand has two main options. Prospective traders can sign up at international exchanges. Alternatively, Kiwis can buy Bitcoin at.
Anyone considering buying Bitcoin in New Zealand has two main options. Prospective traders can sign up at international exchanges. Alternatively, Kiwis can buy Bitcoin at a homegrown Bitcoin exchanges like Easy Crypto.
To understand which option is right for you, it is important to consider a few key facts.
- Kiwis always pay more for Bitcoin on international exchanges. This is thanks to NZD to USD exchange rates.
- It can take far longer to buy Bitcoin on international exchanges , than on local exchanges. This is thanks to complex ID verification requirements on international exchanges.
- International exchanges aren’t answerable to New Zealand financial regulators when things go wrong.
In every case, it is potentially much safer, easier, and cheaper to buy Bitcoin right here in New Zealand. The easiest way to do so, being via Easy Crypto.
Easy Crypto is NewZealand’s foremost locally owned, operated, and regulated Bitcoin exchange. This provides Kiwi cryptocurrency investors with several key benefits.
- Easy Crypto exchange accounts can be verified in under 2-minutes with a valid NZ issue driving license.
- No NZD to USD exchange rates apply when buying Bitcoin. Instead, it is possible to buy digital assets directly with New Zealand Dollars via direct bank transfer and POLi Instant Pay.
- It is possible to exchange Bitcoin to NZD 24/7 without paying international exchange rates or waiting days for transactions to clear.
Being locally owned and operated also means that in the unlikely event that something goes wrong, support is available. This is very different from international exchanges, where accounts can be regularly frozen without warning.
Peer to Peer Exchanges & Bitcoin ATMs
As well as local and international Bitcoin exchanges, it is possible to buy Bitcoin in New Zealand peer to peer and from Bitcoin ATMs. In both cases, though, investors should expect to pay up to 20% premiums on Bitcoin prices.
Buy Bitcoin in Christchurch in minutes
At Easy Crypto, new accounts can be created and verified within minutes. Easy Crypto also makes it easy to instantly cash out up to NZD 30,000 in Bitcoin in any 24-hour period. To discover just how easy buying and selling Bitcoin can be, get started today by clicking here.
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Disclaimer: Information is current as at the date of publication. This is general information only and is not intended to be advice. Crypto is volatile, carries risk and the value can go up and down. Past performance is not an indicator of future returns. Please do your own research.
Last updated August 24, 2022