How to buy crypto in New Zealand

[DaveOH]

Hi Guys,

I am looking to invest in crypto, but having difficulties with the bank, what is the best option to buy crypto in NZ?
Binance, ByBit and Wisa are not an option.

Thanks

 

[diatessaron]

DaveOH said:
Hi Guys,

I am looking to invest in crypto, but having difficulties with the bank, what is the best option to buy crypto in NZ?
Binance, ByBit and Wisa are not an option.

Thanks
Click to expand...

NZ is a very tough one. When I was doing P2P I remember sellers charging crazy rates, some as high as 50%. Your best option is P2P, NZ banks actively hunt crypto trades, they're like little communists and act like their brains are flooded with blood from standing too long upside down.

You can find P2P sellers but you have to pay at least a 2% over market rate.

 

[Marie Manila]

You could open an account with an EMI that is crypto friendly and accepts NZ residents.
zen.com comes to my mind.

Maybe also blackcatcard. They have a crypto exchange included.