Best Apps to Buy Bitcoin in New Zealand

New Zealand has become a growing hub for cryptocurrency enthusiasts, and if you're looking to buy Bitcoin, several apps are available to help you get started. This guide explores the best apps to buy Bitcoin in New Zealand, considering factors such as ease of use, security, fees, and availability. Whether you're a beginner or an experienced trader, these apps provide a convenient and secure way to invest in Bitcoin.

1. Easy Crypto

Easy Crypto is a popular platform in New Zealand that allows you to buy Bitcoin and other cryptocurrencies quickly and securely. The platform offers a user-friendly interface, making it easy for both beginners and seasoned traders to navigate. What sets Easy Crypto apart is its transparent fee structure and excellent customer service.

Key Features:

• Instant purchases: You can buy Bitcoin instantly with New Zealand dollars.
• Multiple payment options: Bank transfers and POLi payments are accepted.
• High security: The platform uses end-to-end encryption to ensure the safety of your funds.
• Wide range of cryptocurrencies: Besides Bitcoin, you can purchase various other cryptocurrencies.

2. Binance

Binance is one of the world's largest cryptocurrency exchanges and is also widely used in New Zealand. With Binance, you have access to a vast array of cryptocurrencies, including Bitcoin. The app is suitable for both beginners and advanced users, offering a wide range of trading tools.

Key Features:

• Low fees: Binance offers some of the lowest fees in the industry.
• Advanced trading options: For experienced traders, Binance offers futures and margin trading.
• Mobile app: The Binance app is well-designed, offering a seamless trading experience on the go.
• Security: Two-factor authentication (2FA) and other security measures ensure the safety of your account.

3. BitPrime

BitPrime is a New Zealand-based cryptocurrency retailer that allows you to buy Bitcoin with ease. BitPrime offers a simple and straightforward platform for purchasing Bitcoin, focusing on providing a seamless experience for Kiwi users.

Key Features:

• Local support: BitPrime offers customer support tailored to New Zealand users.
• High level of security: The platform prioritizes security with a comprehensive insurance policy.
• No hidden fees: BitPrime offers transparent pricing with no hidden fees.
• Regulated: BitPrime is registered as a Financial Service Provider in New Zealand.

4. Coinbase

Coinbase is a globally recognized cryptocurrency exchange that is available to users in New Zealand. It is especially known for its ease of use, making it an excellent choice for beginners looking to buy Bitcoin.

Key Features:

• User-friendly interface: Coinbase is designed with beginners in mind, offering a simple and intuitive interface.
• Educational resources: The platform provides extensive educational resources to help you understand cryptocurrency trading.
• Secure storage: Coinbase stores the majority of its digital assets offline, providing added security.
• Mobile app: The Coinbase app is highly rated for its functionality and ease of use.

5. Independent Reserve

Independent Reserve is an Australia-based cryptocurrency exchange that also serves New Zealand users. It is known for its reliability and robust security features, making it a trusted platform for buying Bitcoin.

Key Features:

• Low trading fees: Independent Reserve offers competitive trading fees, especially for high-volume traders.
• Insurance: The platform provides insurance on certain digital assets, adding an extra layer of security.
• OTC desk: For large trades, Independent Reserve offers an Over-The-Counter (OTC) trading desk.
• Regulated exchange: Independent Reserve is a regulated entity, providing peace of mind for users.

6. Kraken

Kraken is another global cryptocurrency exchange that is popular among New Zealand traders. It offers a comprehensive platform with a wide range of cryptocurrencies, including Bitcoin, and is known for its strong security measures.

Key Features:

• Advanced trading tools: Kraken offers a variety of trading options, including spot trading and futures.
• Security: Kraken employs industry-leading security practices, including two-factor authentication and cold storage.
• High liquidity: Kraken is one of the largest exchanges in the world, offering high liquidity for Bitcoin trades.
• Customer support: Kraken provides 24/7 customer support, ensuring you can get help whenever needed.

7. Shakepay

Shakepay is a relatively new player in the New Zealand market but has quickly gained popularity for its simplicity and ease of use. It allows users to buy Bitcoin quickly using New Zealand dollars and offers a smooth mobile experience.

Key Features:

• Instant purchases: Shakepay enables quick Bitcoin purchases with minimal fees.
• Mobile app: The app is designed for ease of use, making it ideal for beginners.
• Referral program: Shakepay offers a referral program, allowing users to earn Bitcoin by inviting friends.

Conclusion

New Zealand offers a wide range of options for purchasing Bitcoin, with apps catering to both beginners and advanced traders. Easy Crypto, Binance, BitPrime, Coinbase, Independent Reserve, Kraken, and Shakepay are among the top choices. Each platform has its strengths, so the best app for you will depend on your specific needs, such as ease of use, security, and available trading options. Always ensure that you do your own research and choose a platform that aligns with your investment goals and risk tolerance.