Skip to content

Home hub Guides Bitcoin to NZD – Where Can I Sell My Bitcoin in NZ?

Bitcoin to NZD – Where Can I Sell My Bitcoin in NZ?

Bitcoin has the potential for great returns, but to realize those gains, converting Bitcoin to NZD is key. For many Kiwis, this step can feel.

Posted August 13, 2021
Last updated August 19, 2024

A minimalist 3D rendered scene focused on selling Bitcoin. The background is plain, with a large, glowing Bitcoin symbol prominently featured
A minimalist 3D rendered scene focused on selling Bitcoin. The background is plain, with a large, glowing Bitcoin symbol prominently featured

Bitcoin has the potential for great returns, but to realize those gains, converting Bitcoin to NZD is key. For many Kiwis, this step can feel tricky. But don’t worry—there’s a fast, simple way to do it seamlessly.

Where Can I Sell My Bitcoin in New Zealand?

Kiwis often use international exchanges to sell Bitcoin, because they believe that they have no other option. However, nothing could be further from the truth.

Easy Crypto NZ is a New Zealand owned, operated, and regulated Bitcoin and cryptocurrency brokerage, which caters to Kiwis and New Zealand residents.

After signing up at Easy Crypto, Bitcoin can be purchased in under 2-minutes via direct bank transfer and POLi instant pay.

More importantly, verified customers can sell Bitcoin NZ and convert Bitcoin to NZD at any time, without incurring hefty bank charges or international exchange fees.

How To Convert Bitcoin to NZD in New Zealand

To convert Bitcoin to NZD at Easy Crypto, new users first need to create an account with us and verify their identity.

Luckily, doing so is very easy. If you own a New Zealand issue drivers license, accounts can be verified within minutes using the automatic verification system.

Bitcoin NZ Kiwi next to New Zealand flat with BTC coins floating with ferns

To sell Bitcoin, all users need to do next is navigate to the Easy Crypto ‘Buy’ and ‘Sell’ Bitcoin page. Here it is possible to cash out the equivalent of $10,000 in Bitcoin to NZD in any 24-hour period, and we can also cater to larger trades via OTC.

We make crypto easy.

Invest in the future.

Buy Crypto

How to Convert Bitcoin to NZD in New Zealand: A Step-by-Step Guide

Selling Bitcoin with Easy Crypto is a straightforward process. Here’s how you can do it:

Step 1: Create an Easy Crypto Account

Step 2: Verify Your Identity and complete the KYC Process

  • After signing up, you’ll need to verify your identity and follow our KYC process
  • If you have a New Zealand-issued driver’s license, you can use our automatic verification system, which typically takes just a few minutes.

Step 3: Navigate to the ‘Buy’ and ‘Sell’ Bitcoin Page

  • Once your account is verified, log in and go to the ‘Buy & Sell’ section on the Easy Crypto homepage.
  • Select the ‘Sell Bitcoin’ option.

Step 4: Enter the Amount of Bitcoin to Sell

  • Enter the amount of Bitcoin you want to convert to NZD.
  • The platform will display the equivalent amount in NZD based on the current market rate.

Step 5: Deposit Your Bitcoins (BTC)

  • Choose which sell network you would like to sell your crypto on. By default, this will be the main network of your chosen token.
  • You’ll be provided with a Bitcoin wallet address and send the amount of Bitcoins
  • you wish to sell to this address.

Important: Double-check and be sure you select the sell network and confirm your choice. We will only receive deposits on the networks shown. Any deposits sent on other networks will be lost.

Look for the quoted amount shown on the screen.

The final amount will depend on the network that you choose to send on. and will be based at the market rate at the time your deposit is received.

Step 6: Confirm the Sale

  • Once your Bitcoin is received, Easy Crypto will confirm the sale and convert your Bitcoin to NZD.
  • Your NZD will be deposited into your bank account in no time!

Key things to note:

  • All requests to convert BTC to NZD are authorised as soon as your Bitcoin arrives in our wallet.
  • It is possible to covert amounts of Bitcoin to NZD in excess of $30,000. However, if your coins were not originally purchased from Easy Crypto, you can easily prove the source and go forward with selling your Bitcoin.
  • In every case, Bitcoin to NZD funds is deposited into user bank accounts within 24-hours. (Unfortunately, the banks aren’t quite as fast as crypto, so bank deposits can take longer on the weekends.)

Takeaways

Easy Crypto makes it easier for Kiwis to sell Bitcoin back to NZD than many other local or international exchange. Although we can’t say with any certainty when Kiwis should cash out their Bitcoin, we can tell you where you could do so in a way that is safe, secure, and quick.

Investing in Bitcoin is like investing in a financial rollercoaster ride. Even Kiwis who sell Bitcoin when it reaches new all-time highs sometimes regret doing so.

The best thing Kiwi investors can, therefore, do is to plan in advance how long to invest for. Just remember that when you do cash out, Easy Crypto represents the best way to do so. ⚡

Click here to convert your Bitcoin to NZD through Easy Crypto in minutes today.

Stay curious and informed

Make sure to follow our Facebook, Twitter, Instagram, and YouTube channel to stay up-to-date with Easy Crypto!

Also, don’t forget to subscribe to our monthly newsletter to have the latest crypto insights, news, and updates delivered to our inbox.

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 19, 2024

Crypto made easy.

Get started today!

Scroll To Top