8 Best NZ Crypto Exchanges

This article lists the best cryptocurrency exchanges to buy Bitcoin in New Zealand. We have reviewed 70+ crypto exchanges and narrowed it down based on important user factors such as ease of use, deposit methods, trading fees, security and customer support.

our Pick

Best Exchange For

swyftx

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Top Crypto Exchanges In New Zealand (NZ)

Based on our reviews, these are the best cryptocurrency exchanges for NZ:

  1. Swyftx (best exchange overall)
  2. Binance (best for altcoins)
  3. Coinbase (best for debit card)
  4. Digital Surge (best for beginners)
  5. Gemini (best for wallet)
  6. Independent Reserve (best for NZD deposits) 
  7. Plus500 (best for crypto CFDs)
  8. Easy Crypto (best local exchange)
  9. BitPrime (best for customer support)
  10. ZebPay (best for zero deposit fees)

NZ Crypto Exchange: Comparisons

This comparison guide provides an overview of the best cryptocurrency exchanges in New Zealand to buy, trade, store and sell Bitcoin and other altcoins. We note that some exchanges require you to own a Bitcoin hardware wallet such as the Ledger Nano X. If you don't have a wallet, read our guide on the best cryptocurrency hardware wallets.

Exchange

Crypto Assets

Trading Fee

Rating

Promotion

Website

Review

swyftx

Swyftx

270+

0.6%

5/5

Free $10 BTC after sign-up

binance

Binance

300+

0.1%

4.8/5

20% off trading fees

coinbase

Coinbase

46

0.5%

4.7/5

None available at this time

digital surge

Digital Surge

260+

0.5%

4.6/5

Free $10 BTC after sign-up

gemini

Gemini

26

0.5%

4.6/5

Free $10 BTC when buy/sell > $100

independent reserve

Independent Reserve

24

0.5%

4.2/5

None available at this time

plus500

Plus500

12

Spread only

4.2/5

None available at this time

Disclaimer: Your capital is at risk

Easy Crypto

Easy Crypto

145

0.5% - 1.8%

3.9/5

None available at this time

zebpay

Zebpay

9

0.4%

3.8/5

None available at this time

bitprime

BitPrime

150+

2% - 2.9% (includes all costs)

3.6/5

None available at this time

Best NZ Crypto Exchanges: Reviews

Here is our summary of the top Bitcoin & cryptocurrency websites in New Zealand. For an in-depth of each exchange, click on the exchange review links below. If you still can't find what you're looking for, there is also the option of using a global fiat-to-crypto service which will commonly accept other deposit methods such as debit or credit card, PayPal and even Amazon Gift cards.

1. Swyftx

Founded in 2019, Swyftx is an Australian cryptocurrency exchange with over 350,000 users that has expanded to New Zealand. Residents can buy, sell and swap more than 280 digital currencies which can be bought and sold using a beginner-friendly, sleek and feature-rich platform that is optimized for desktop and mobile devices. 

SPECIAL PROMOTION: Create an account using our link to get $10 Free Bitcoin.

Swyftx NZ offers excellent features that will suit various types of investors such as rapid deposits and withdrawals, portfolio tracking, recurring orders, low trading fees, demo mode and price alerts. Overall, Swyftx is our best rated cryptocurrency exchange in New Zealand to buy crypto with New Zealand Dollars (NZD) and deposits via local bank transfers.  

swyftx new zealand

Swyftx NZ is our best rated exchange overall due to the simple onboarding process of creating an account, completing ID verification depositing funds and purchasing cryptocurrencies. The exchange has been built to eliminate frustrations on other well-established New Zealand crypto exchanges and provide a visually appealing experience. Swyftx NZ also does not require new users to upload ID documentation or take selfies for a new account to be approved.

The exchange provides a highly responsive customer service with 11 support staff including a local team in NZ to assist via phone, email, live chat or Telegram. Swyftx has received a 4.7/5 star rating according to Trust Pilot reviews based on 2,300 user reviews and comments. 88% of customer feedback on the trading platform, mobile app and customer service has been rated as excellent. This is a good reflection of the customer service for its new and existing users. 

getting started with Swyftx NZ

The platform offers the most crypto assets in New Zealand and is packed with excellent features such as an easy to use a mobile app, tax calculator and dollar cost averaging tools. The desktop and mobile application has been designed for beginners and intermediate investors to get started with digital currencies. The trading experience is very simple on a fully customisable dashboard that can be tailored to suit each investor.

Features:

  • Rapid verification takes less than 2mins (without document upload)
  • Lower fees and spreads compared to competitors in New Zealand
  • High liquidity to obtain the best market rates
  • Automatic recurring purchases to dollar cost average
  • Taxation tools and reports to declare net capital gains and losses
  • Intuitive and well-design trading experience on mobile

Ease of use

Reputation

Deposit methods

Fees

2. Binance

Binance is the largest cryptocurrency exchange to buy, trade and sell more than 150+ digital assets. The popular trading platform has seen a meteoric rise since being founded in 2017 to become one of the most widely and highest trading volume exchanges in the world. The exchange supports NZ customers to buy, trade and sell cryptocurrencies using New Zealand Dollars.

Binance is one of the cheapest crypto platforms to buy, sell and trade with lower fees between 0% and 0.1% compared to other exchanges. The cryptocurrency exchange offers a wide range of financial services and advanced features that include:

  • Allows users to buy crypto using a wide range of currencies 
  • Supports multiple payment options such as bank deposit and credit/debit card
  • Basic and advanced trading charting to suit users of varying skill 
  • Margin trading platform to trade crypto with leverage
  • Derivatives and leverage tokens
  • A secure Binance wallet to store cryptocurrency assets
  • Binance offers a saving accounts to earn interest on crypto
  • Crypto loans and Binance staking pools 
  • Binance VISA Card to covert and pay with crypto
binance

Features:

  • Leading cryptocurrency exchange in the world
  • Stable and secure platform that accepts multiple fiat currencies
  • Trading pairs against fiat, altcoins and stablecoins
  • One of the lowest trading fees with discounts available
  • Future, margin and options crypto trading available
  • Stake popular coins such as Cardano to earn income

Ease of use

Reputation

Deposit methods

Fees

3. Coinbase

Coinbase is the most popular Bitcoin exchange in the world that is available in New Zealand for local residents to buy, trade and sell cryptocurrency using a bank transfer, credit or debit card. Coinbase offers a secure wallet to store your newly purchased cryptocurrencies so you can buy and sell popular digital currencies and keep track of them all in the one place. 

Coinbase is also one of the safest cryptocurrency exchanges with no reported hacks or compromises of the security systems and wallets resulting in any loss of funds due to criminal activity.

coinbase

Features:

  • Global cryptocurrency exchange that allows NZD deposits
  • Quick and easy to monitor crypto portfolio on website or app
  • Beginner-friendly exchange to buy, trade and sell digital assets
  • Buy crypto with a debit card or bank transfer
  • Coinbase Pro features advanced trading tools and indicators
  • Secure wallet to store Bitcoin and other digital assets

Ease of use

Reputation

Deposit methods

Fees

4. Digital Surge

Digital Surge is a Brisbane based digital currency exchange that has expanded to offers its digital currency services to residents within New Zealand. The crypto exchange has been specifically designed to suit beginners that are looking to get started with crypto assets such as Bitcoin, Ethereum, XRP and DeFi tokens. Digital Surge NZ allows residents to deposit AUD funds using ANZ Bank via PayID and POLI payments.

digital surge website

Digital Surge is our best rated exchange for beginners due to its sleek, modern and elegant user interface. The exchange features a portfolio viewer to show the overall investment performance on desktop or mobile devices. Customers can monitor their favourite coins within a personal Watchlist to quickly see which coins are performing the best (and worst) with the Top Gainers list. An easy click through on any of them will transfer to a full detail page of each asset. 

Features:

  • Recommend NZ crypto exchange for beginners
  • Quick and easy to create and account and deposit funds using ANZ Bank
  • Low trading fee of 0.5% for buy and sell orders
  • Modern and elegant user interface on desktop and mobile devices
  • Instant withdrawals direct to bank
  • Highly responsive customer support team

Ease of use

Reputation

Deposit methods

Fees

5. Gemini

Gemini is a New York-based firm and regulated cryptocurrency exchange that was founded by the Winklevoss twins. The company provides a legitimate cryptocurrency exchange that accepts investors from New Zealand using NZD.

The website is the best crypto exchange for safety in in our opinion. Gemini provides a secure place for individuals, traders and institutions to buy, sell, and store digital currencies and also earn interest. Notable features include an advanced trading platform, custody service, secure wallet, mobile trading app and off-exchange crypto trades.

gemini new zealand

Features:

  • Security focussed platform to protect customer funds
  • OTC trading desk for large orders
  • User friendly interface and intuitive mobile trading app
  • Competitive trading fees
  • Spend crypto using the Gemini mobile app

Ease of use

Reputation

Deposit methods

Fees

6. Independent Reserve

Independent Reserve is a popular exchange among cryptocurrency traders around the world that offers trading competitive fees and support for traditional fiat currencies such as the the New Zealand Dollar (NZD). Residents in New Zealand can buy/sell 24 of the major cryptocurrencies and popular DeFi tokens using SWIFT.

independent reserve

Features:

  • Reputable and trusted cryptocurrency exchange in NZ
  • Tier based fee structure that decreases with volume traded
  • Funds are backed by insurance company
  • Wide range of payment options for customers
  • Automatic recurring purchases to dollar cost average
  • Customer support available 24/7

Ease of use

Reputation

Deposit methods

Fees

7. Plus500

Plus500 is one of the best CFD providers in Shares, Indices, Forex, ETFs, Options, and Indices. The platform offers the ability to buy CFD's of popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Neo, Ripple XRP, EOS, Cardano, Tron and Monero. While Plus500 does not offer the actual crypto asset, traders in New Zealand can speculate on crypto prices and earn potential profits in NZD (Disclaimer: Availability subject to regulation).

plus500 crypto

Features:

  • Regulated CFD provider in New ZealandBuy CFD's on popular cryptocurrencies and traditional markets
  • Up to 30:1 leverage on cryptocurrency to short Bitcoin
  • Fund account using credit card, BPAY, bank transfer and PayPal
  • User friendly and intuitive mobile trading app
  • Full demo trading account to learn how to trade cryptocurrency

Ease of use

Reputation

Deposit methods

Fees

Disclaimer: Your capital is at risk

8. Easy Crypto

Easy Crypto is wholly New Zealand owned and operated crypto exchange in New Zealand that provides an online service for Kiwis to buy and sell cryptocurrency. Easy Crypto provides a quick and easy way to convert NZD to Bitcoin using a bank transfer or POLi. Purchased Bitcoins are sent directly to a hardware wallet such a Ledger Nano X. The non-custodial nature of Easy Crypto eliminates the potential for crypto exchange hackers as funds are not stored by the platform.

easy crypto NZ

Features:

  • Registered cryptocurrency exchange in NZ
  • Offers 40+ cryptocurrencies
  • Purchase Bitcoin directly to a hardware wallet
  • Exchange has never been hacked
  • Simple and easy to use interface
  • Customer support available 24/7

Ease of use

Reputation

Deposit methods

Fees

9. ZebPay

Zebpay is a well known digital currency exchange that provides a means for users to convert fiat currency into cryptocurrency. Buyers and sellers have access to the major cryptocurrency assets on the platform. ZebPay supports 163 different countries all across the world including New Zealand through a simple to use desktop and mobile trading app.

Zebpay

Features:

  • Global cryptocurrency exchange available to users in NZ
  • Low trading fees to buy, trade and sell cryptocurrency
  • Web and mobile trading app for Android and iOS devices
  • Rapid sign up and account verification
  • Customer support available 24/7

Ease of use

Reputation

Deposit methods

Fees

10. BitPrime

BitPrime is a New Zealand based cryptocurrency exchange that is registered and licenced under local regulations. The exchange supports beginners and high-net worth investors with special Over-The-Counter rates for high volumes. The quoted trading fees includes all costs such as bank charges, foreign exchange fees and slippage.

bitprime

Features:

  • Local cryptocurrency exchange that is licenced and regulated
  • Buy, trade and sell over 100 crypto coins
  • Supports online banking and POLi payments to deposit NZD
  • Purchased cryptocurrency is sent directly to a hardware wallet
  • All inclusive trading fees
  • Local and responsive customer support

overall

3.6/5

Ease of use

Reputation

Deposit methods

Fees

How To Spend Bitcoin & Crypto In NZ

Investors that want to spend Bitcoin and cryptocurrency in New Zeanaldn to buy goods, services or even pay a bill can use the following methods:

  • Transfer crypto from an online wallet, mobile phone wallet or hardware wallet to the recipients address
  • Use a cryptocurrency debit card to send cryptocurrency to merchant. Some exchanges offer Bitcoin debit cards that can be used to spend crypto like cash
  • Shop at vendors that support cryptocurrency payments using a Bitcoin point-of-sale terminal 
  • Sell cryptocurrency using an exchange and withdraw funds in AUD to a bank account
  • Use an exchange that allows users to pay bills directly 
  • Withdraw cash from a local Bitcoin ATM in New Zealand

Where To Store Cryptocurrency

Storing cryptocurrency using a New Zealand Bitcoin or cryptocurrency exchange is risky for several reasons. The most obvious vulnerability is the risk associated with online scams and hackers. As the security of the asset is left to the exchange, the investor has no control over the security of their investment.

In our opinion, the best way to store cryptocurrency assets such as Bitcoin, Ethereum and Litecoin is on a reputable cryptocurrency hardware wallet which is kept under the possession of the investor. Some of the most popular Bitcoin and cryptocurrency hardware wallets are the Ledger Nano XTREZOR T and CoolWallet Pro.

Using a digital hardware wallet provides an airlock between internet-connected devices and the asset. The private keys give access rights to the cryptocurrency (send, transfer and receive) is kept on the wallet. Even if the hardware wallet is damaged, lost or stolen, the funds can be recovered using several backup options.

For complete peace of mind, buying a Bitcoin hardware wallet is a small price to pay.

Wallet

Dimension

Rating

Price

Website

ledger nano x

72mm x 18.6mm x 11.7mm

5/5

$119 USD

nano s ledger

56.9mm x 17.4mm x 9.1mm

4.5/5

$59 USD

trezor t model

64.0mm x 39.0mm x 10.0 mm

4.3/5

$159 USD

trezor one

60.0mm x

30.0mm x

6mm

4.1/5

$59 USD

keepkey wallet

38 mm x

93.5mm x

12.2 mm

3.6/5

$49 USD

Frequently Asked Questions

Is Cryptocurrency Legal In NZ?

Like most countries in the world, the NZ Government does not consider Bitcoin or crypto illegal, meaning it can be bought and sold on exchanges if proper anti-fraud measures are adhered to. It legal to purchase Bitcoins, however customers should always check with a financial advisor before making an investment. For more information on where Bitcoin is legal and illegal, read our article which lists each region that has declared Bitcoin as legal tender.

What's The Lowest Fee Cryptocurrency Exchange In New Zealand?

Finding a low fee cryptocurrency exchange is a popular requirement for beginners and experienced investors. One of top rated crypto exchanges with the lowest fees is Binance, with costs between 0% and 0.1% for all buy and sell orders. Competitor exchanges can charge trading fees up to 1% per transaction which can add up in the long run.

What Deposit Method Should I Use In NZ?

When selecting a crypto exchange, it is important to ensure the platform supports your preferred deposit method. To convert NZD into BTC, the most common deposit methods are:

  • Credit Card / Debit Card
  • Bank account or bank transfer (EFT)
  • Cash deposit
  • PayPal

Using a credit/debit card to purchase Bitcoin on platforms such as Coinbase and eToro are the fastest ways to own the asset, however incur slightly higher fees. Bank account transfer is a reliable method which can take 1 to 3 days to complete the transaction.

Can You Buy Crypto With A Credit Card In New Zealand?

Credit cards are commonly used to make purchasing online, so it's no surprise that its a popular method to buy crypto. Not all exchanges available in NZ provide this deposit method so residents will need to use a global crypto exchange such as BinanceCoinbaseeToroChangelly and ChangeNOW. The fees are slightly higher than other payment methods. 

Can You Buy Bitcoin In New Zealand With A Bank Transfer?

The best way to buy crypto in New Zealand is using Bank Transfer (EFT). It is the most popular and cost effective method available. Purchasing crypto using a bank transfer generally has the lowest fee's, fast transaction time and has higher daily limits. 

Conclusion

To conclude our article on the best crypto exchanges in New Zealand, we believe the above exchanges are the best places to buy Bitcoin in NZ. Our research is based on trustworthiness, safety, trading fees and support NZD or debit/cards. 

It is our own opinion and recommendation to stick with well-established and reputable exchanges when it comes to investing in cryptocurrencies. Our top rated crypto platforms in NZ have demonstrated this and used by millions of customers worldwide.

Now its your turn to comment.

Have you used any of these NZ Bitcoin exchanges?

What was your experience?

Which Bitcoin exchange in New Zealand would you recommend?

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Kevin Groves
Kevin is the founder of hedgewithcrypto and is passionate about blockchain technology. He has been involved with Bitcoin since 2016 and is a swing trader with over 10 years of experience. He loves trading crypto using various platforms and helping others learn about cryptocurrencies via hedgewithcrypto.