Despite having a center for blockchain innovation, New Zealand citizens were not very keen on owning crypto assets initially. Let us look at the best crypto exchanges in New Zealand.
Did you know that more than 4000 cryptocurrencies are available on the internet? The advancements in blockchain technology have been head turners around the globe for quite some time now. One of the reasons for the same could be having a non-fluctuating stable economy. Beginners interested in trading crypto and who want to invest in cryptocurrencies like Bitcoin, Ethereum, etc., can look at the following top crypto exchanges with exclusive features. This article discusses the ten best crypto exchanges in New Zealand.
One of the first exchanges to advance its territory in the New Zealand market. Binance has been a world leader in cryptocurrency trading. In addition, Binance offers some of the lowest trading fees and robust Ironclad security. Ensuring protection of data and funds against all risks. Features like instant buy and seamless customer support have made Binance a reliable exchange platform. Some notable features are as follows:
- Margin trading platform to trade crypto with leverage
- Binance visa card for crypto payments using NZD via a secure wallet
- Best crypto exchange platform for crypto traders
- One of the biggest crypto exchanges
Many Altcoins are still missing on the platform. Moreover, it is not known for being user-friendly for beginners when it comes to trading.
Trusted by more than 350,000 users, swyftx is one of the most popular cryptocurrency exchange platforms in New Zealand. Unique platform features, great prices, and spreads are key factors of Swyftx’s popularity in New Zealand. Swyftx provides users with real-time feed for faster trades and 2FA security for secured fund deposits. Here are some features that make Swyftx unique:
- A top-rated cryptocurrency exchange in New Zealand
- Fast Paced withdrawals and deposits with NZD support
- New Zealand users are not required to upload ID proofs for signing up
Swyftx has a comparatively higher forex exchange cost than the rest of its competitors.
Purely based in New Zealand, Easycrypto is a cryptocurrency exchange platform widely used by New Zealand citizens. The platform provides easy trading and managing of crypto assets. Moreover, Easycrypto offers a 100% fund safety guarantee to all its users and a perfect UI for trading. Some notable features include:
- Robust security with no history of data breaches or leaks
- Clean and simple to use UI for beginners
- Linked hardware wallet to store assets
- Considered as the best New Zealand crypto exchange for trading crypto
The number of cryptocurrencies available on the platform is lesser than the other platforms active in the New Zealand financial market.
With over 5 million users and $10 Billion in fiat transactions, Zebpay has been a leading cryptocurrency platform since 2014. The quick sign-up and verification process makes Zebpay a beginner-friendly platform for crypto asset management. Some key features include:
- A beginner-friendly platform for trading
- Low trading fees on buying
- Best crypto trading app
Zebpay currently has low trading pairs. It does not offer a P2P or STF facilities off-exchange.
Digital Surge is an Australian-based cryptocurrency exchange platform. Founded with a mission to create a safe and user-friendly means of cryptocurrency exchange. Digital Surge has expanded its services in multiple domains. Furthermore, apart from buying and selling cryptocurrencies, Digital Surge allows users to pay bills from its wallet. The website traffic entirely runs over encrypted SSL (HTTPS) for security. Digital Surge offers a safe and stress-free trading experience by providing features like:
- Trading fees as low as 0.5%
- Direct to bank transfers in NZD
- Free Cryptocurrency and PayID deposits
Digital Surge does not support credit card transactions. It is known for catering to new traders more than experienced investors.
Coinbase started in 2012 as a cryptocurrency exchange platform. It is widely known for its secured trading options. Coinbase now has more than 68 million verified users worldwide based in the U.S.A. The presence in more than 100 nations is a reliable platform for crypto asset management and trading. Some notable features are as follows:
- More than 50 cryptocurrencies to choose from
- Rapid response to customer service requests and issues
- Storing and managing crypto assets via an inbuilt wallet
- Best cryptocurrency exchange
Coinbase charges a relatively higher fee than the rest of the platforms.
Independent Reserve provides a safe and secure environment for cryptocurrency management and trading. Additionally, with support for AUD, USD, NZD, SGD fiat currencies in 30+ countries. Making it is one of the fastest-growing cryptocurrency exchange platforms. Users can trade in the world’s most liquid digital assets. Additionally, it also provides a feature to store them in their multi-coin wallets.
- No deposit fee on a minimum deposit of USD 5000
- Auto trading feature to speed up trading
- 24/7 customer support via email and chat
Independent Reserve has a long way to go to compete on a global level. It is currently operating with a limited number of cryptocurrencies.
A New York trust company founded with a “security-first” mindset, Gemini has built an elegant yet secure way of investing in cryptocurrency. Moreover, being a fiduciary and qualified custodian in the American market gives Gemini an edge over the rest of the competitors in terms of credibility. Some notable features offered by Gemini include:
- Advanced trading platform for intermediate traders
- Secure wallet system
- Provides off-exchange trades to users
- Considered as the best exchange for crypto trading
In conclusion, Gemini is a bit expensive for small trades. It also has considerably less token availability (26) on the platform.
Kiwi Coin is New Zealand’s cryptocurrency exchange platform. Registered with New Zealand’s Financial Service Provider, Kiwi Coin offers an accessible test mode with free test BTC. Kiwi Coin provides live chat support for both registered and unregistered users along with other features as described below:
- Quick support ticket system
- API integration for automated trading
Kiwi Coin only allows users to choose from available trades instead of giving users the liberty of selecting trades freely.
Bitprime was founded in 2017. The exchange follows a mission of making digital assets accessible and secure by supporting blockchain-based adoptions. Bitprime offers reliable, fast, and secure cryptocurrency trading for its users. Moreover, based in New Zealand, Bitprime does not hold any assets in their wallets and sends all purchases in customers’ wallets which they can control directly. Some of its notable features include:
- Regulated and licensed platform
- Prompt customer support and chat option
Cryptocurrency transfers are comparatively slower, and the verification process takes time.
Gradually, the country’s technology hub has found a deep interest in the underlying blockchain technology of cryptocurrency trading. Hence triggering the growth of various cryptocurrency exchange platforms. With Metaverse rocking the world of technology in terms of crypto, here are the top 10 best crypto exchanges in New Zealand dominating the New Zealand market. There are several platforms for NFTs, along with the cryptocurrencies in the Decentralized Finance world.