Best Cryptocurrency Exchanges in New Zealand (2023)- Reviewed


If you’re looking for the best cryptocurrency exchanges in New Zealand for 2023, you’ve come to the right place. In this guide, we’ve compiled some of the top crypto exchanges in order to make your crypto trading/investment life much easier.

In order to buy Bitcoin in New Zealand or any other cryptocurrency, the best way would probably be to buy it from a cryptocurrency exchange. WIth the rise of Bitcoin and many other cryptocurrency such as Litecoine and Dogecoin, there are many exchanges in New Zealand that you can choose from to buy Bitcoin in New Zealand.

However, with so many choices to buy and sell from, you should actually determine a few key factors that you should take into account when you purchase Bitcoin in New Zealand which we have listed as below

Factors for the Best Cryptocurrency Exchanges in New Zealand

Ease of use – The exchanges in New Zealand that you should look out for should have an easy to use user interface to navigate around. You should also decide how much of any advanced features that you would want.

Type of cryptocurrency supported – The cryptocurrency exchange in New Zealand that you are selecting from should also support the type of cryptocurrency you were planning to invest in, whether they be Bitcoin or Ethereum.

Payment Methods – Different cryptocurrency exchanges in New Zealand offer different types of payment methods when you buy and sell cryptocurrency such as allowing you to purchase using credit card or debit card. So you will need to watch out as some exchanges only allow a trade between cryptocurrency and cryptocurrency so it won’t help your cause much if you just want to buy Bitcoin with fiat currency.

Cryptocurrency wallets – Another factor to take into account would be their cryptocurrency wallets that some crypto exchanges offer. You can store your cryptocurrency such as Bitcoin Ethereum Litecoin in these wallets but it is not recommended as this means you are now in control of your private keys. The wallets are safe to an extent but it is always advisable to get your own Bitcoin wallet to ensure you are in possession of your incryptos.

Trading Fees – The Bitcoin exchange that you are looking for should also charge reasonable fees depending on your trading pattern. This is because some crypto exchanges’ fees are structured to better benefit traders with a larger trading volume.

Finally, when you are purchasing Bitcoin Ethereum Litecoin in New Zealand, you should check out the security features that the cryptocurrency exchange is offering. You can find this out by going through their website and see if there is any insurance that is in place for customers’ invested funds.

2 Minute Short Summary

Before we go down to the list, the best overall cryptocurrency exchange for crypto trading would be E-Toro.

E-Toro is a cryptocurrency exchange that is accessible for users from almost every country and that includes New Zealand. E-Toro supports a wide variety of cryptocurrency which includes Bitcoin, Ethereum and Litecoin

E-Toro is different from other cryptocurrency exchanges in a way that it is a social trading platform which means that buyers and sellers are able to see each other’s trading pattern. E-Toro then provides a unique feature which allows its users to copy the trading patterns of the top traders if they wish to.

They have claimed to have over 10 million users worldwide and is one of the first online brokerages to offer cryptocurrency trading to their clients. The e-Toro trading platform also ensures that all purchased digital currency is stored in secure cold wallets and users do not actually have access to their own private keys.

E-Toro is known to charge trading fees that are above average and is also a trading platform that actually charges users for holding cryptocurrency overnight. For instance, for an overnight hold on a weekday, the price comes with $0.24 for every $1,000 of leveraged exposure. There won’t be any fees for non-leveraged exposure but the fees are charged thrice the price for those that are held over the weekend.


Easy to use and simple user interface for beginners
Easy account set


Trading spreads can be high depending on the type of coins being traded
Above average trading fees

Best Cryptocurrency Exchanges in New Zealand

1. SwyftX


Supports a variety of cryptocurrencies
Quick online ID verification
Low fees


Only available in New Zealand and Australia
Margin trading not available

SwyftX was established back in 2017 and is a crypto exchange that emphasizes support for New ZEaland users and is one of the best exchanges to buy Bitcoin Ethereum with. They have over 35,000 users and is an exchange that provides a user-friendly desktop and mobile app feature to users

They are a regul;ated exchange under the trading name of Swyftx Pty Ltd and also regulated under AUSTRAC which is a governing body based in Brisbane that enforces financial laws to minimize risk of criminals and money laundering.

It is also a crypto exchange that allows you to buy Bitcoin using payment methods such as bank transfer, credit card, cryptocurrency, debit card, Osko and also Pay ID. The supported cryptos in New Zealand would include Bitcoin Ethereum and also over 220+ types of cryptos.

SwyftX charges a flat trading fee of 0.6% on all transactions. With a $2 on fiat deposits that are lower than $200. Swyftx’ forex trading fees are between 0.4% to 0.6% on deposits and withdrawals which are also included in the displayed cryptocurrency price.

2. Independent Reserve


Able to set automatic buying between time intervals
Supports NZD fiat currency trading
Plenty of payment methods to choose from
Low trading fees starting at 0.5% but may drop to as low as 0.05% that depends on trading volume


User interface is slightly complex and confusing for first time users.

Established back in 2013, the Independent Reserve exchange is one of the best exchanges to buy Bitcoin in Australia and New Zealand. The Independent Reserve exchange provides its services to users from all types of background including financial institutions, SMSFs, retail users and traders.

Independent reservice is a popular exchange that offers competitive trading fees and is especially a good exchange to purchase Bitcoin in New Zealand as they support the New Zealand Dollar. People residing in New ZEaland can also purchase and sell most of the major cryptocurrencies such as Bitcoin and DeFi tokens using Swift

Independent Reserve supports payment methods such as EFT, Osko/PayID, POLi and Swift bank transfer. The Independent Reserve trading fee structure is also based around the trading volume of the user. The trading structure is tier based which means the more a user trades crypto, the lower the fees would be.

Independent Reserve also has insurance in place to ensure that their funds are backed in the event they are subject to malicious users.

3. Binance


Largest and most liquid Bitcoin exchange in the world
A wide variety of crypto trading pairs available
Exchange that is suitable for both novice and advanced traders
Mobile app supported


Limited payment methods for fiat currency deposits

Binance is one of the if not the largest exchange to buy, sell and trade cryptos such as Bitcoin and over a 100+ more digital assets. It was founded back in 2017 and has since soared in popularity to become one of the most widely used platforms and exchanges with the highest trading volume in the world.

The exchange supports users from New Zealand to buy, trade and sell Bitcoin Ethereum and other cryptocurrencies using the New Zealand Dollar. It is also an exchange that offers one of the cheapest fees that range between 0% and 0.1% compared to other exchanges.

The Binance exchange also allows users to purchase crypto using a wide range of fiat currencies and supports multiple payment methods which include bank transfer and credit card/debit card.

Binance has advanced trading features on their user interface in order to cater to users between novices to experienced traders.

4. Coinbase


Reuputable and popular Bitcoin exchange
Plenty of deposit methods options
Supports a wide variety of major fiat currencies which include New Zealand Dollar


Above average trading fees
No margin trading available

Coinbase is another exchange that is widely popular to purchase Bitcoin Ethereum using credit card or bank transfer and is available in New Zealand. The exchange also provides a secure Bitcoin wallet that allows users to store newly acquired cryptos such as Bitcoin Ethereum so that you are able to keep track of them in one place.

It is a global cryptocurrency exchange that allows its users to quickly and easily monitor their crypto portfolio on a website or a mobile app. It is a beginner-friendly exchange to trade digital assets and payment methods to purchase Bitcoin ethereum include bank transfer or a debit card

Coinbase also features advanced tools for trading and indicators for the more advanced crypto Bitcoin investor and also offers a secure wallet to store Bitcoin and any other crypto coins for ease of use.

5. Easy Crypto


Registered and secured crypto exchange
Provides support for a wide variety of cryptos
Able to purchase crypto or Bitcoin directly into a wallet
Great security track record with a history of never being hacked
Great customer support base


Above average trading fees charged
Delays could occur during high volume traffic

Easy Crypto is a regulated and licensed Bitcoin Exchange that supports a variety of common deposits method which includes bank transfer to buy 44 different types of cryptocurrencies which include Bitcoin.

The Easy Crypto user interface offers an intuitive user interface which allows users to send the crypto such as Bitcoin purchased to be directly sent to an existing wallet or another exchange account for ease of use.

Easy crypto is an exchange that provides Kiwis a quick and easy way to convert New Zealand Dollar to Bitcoin either using bank transfer or POLi.

Easy Crypto does not store any of its user’s funds or private keys so if you choose to trade with the Easy Crypto Bitcoin exchange, you will be in full control of your keys at all times which eliminates the risk of hacks and online theft.

They also charge a flat trading fee of 1% on every buy and sell transaction and there are no deposit and withdrawal fees being charged to users.

6. Coinmama


Available in most countries which includes New Zealand
High limits for purchasing Bitcoin with either a credit card or debit card for ease of use.
Quick and helpful customer service


High fees charged if credit/debit card used

Coinmama allows most users from every country which include New Zealand to buy Bitcoin and charge fees of about 4.9%-5.9% that depends entirely on a tiered structure fee which decreases depending on the trading volume of the user.

Coinmama fills a niche in the crypto industry in which this Bitcoin exchange is designed to entirely focus on trading crypto and being supported with plenty of features and options.

Coinmama is an intuitive and simple platform with a solid customer service base to purchase crypto from. They are also a Bitcoin exchange which has been around a long time and have a solid security track record.

Most importantly, Coinmama is also a non-custodial platform which means that they do not hold onto their customer’s cryptocurrency such as Bitcoin. This means that users are able to protect themselves from online hacks and theft and store their crypto off the Coinmama exchange on some hardware wallet such as Ledger or Trezor hardware wallet.

7. ZebPay


Friendly for beginners and has an intuitive user interface for ease of use
Regulated in most jurisdictions around the world
Purchase and sell cryptocurrency immediately
Low trading fees
Mobile app supported for Android and iOS devices


Limited charting features
No insurance frauds

Zebpay is a Bitcoin digital currency exchange that provides Kiwis a method to convert fiat currency into cryptocurrency such as Bitcoin. Traders on the ZebPay exchange will be able to have access to the major crypto assets on the platform which include Ethereum and Litecoin.

ZebPay also allows support through desktop and a mobile trading app for its users.

Zebpay has low trading fees when users buy, sell and trade cryptocurrency with a rapid sign up and account verification. It is an excellent crypto exchange based in New Zealand for users to get started with trading crypto.

Zebpay was designed for a competitive fee structure and simple trading experience with an emphasis for safety in mind. As such, the Zebpay overall process to trade crypto is quick and beginner friendly.

However, some improvements that could actually improve Zebpay are live crypto price charts with advanced features to perform tracking and technical analysis. Zebpay is also not insured in order to protect its customers in the event of an online hack.

It is still overall a great exchange with competitive and available trading fees to make Zebpay suitable for beginners.

8. Bit Prime


Simple system used for buying and selling cryptos
Strong customer support base
Utilises a third-party escrow service to hold invested funds
Provides a wide variety of over 90+ cryptos and also offers customer requests


Uncompetitive trading fees and are relatively high compared to other exchanges
Slow verification and transfers if it is busy

Bitprime is a New Zealand based exchange that is registered and licensed under local Kiwi regulations. Bitprime supports both novice traders and experienced high-net worth investors with special OTC (Over-The-Counter) rates for any trades which are high in volume.

All quoted trading fees on their platform include all costs such as any bank charges, foregign exchange fees and slippage Payment methods that are supported include online banking and POLi payments to deposit NZD for ease of use and any cryptocurrency is sent directly to a hardware wallet.

9. Kraken


Low trading fees
High liquidity
Strong security measures to protect assets
Allows trading of cryptos and fiat currencies


No option for credit card and debit card deposits
Due to lengthy and comprehensive verification process, not suitable for traders seeking privacy
Deposits and verification time is lengthy for security purposes

Kraken is a self-regulated exchange and is registered as a Money SErvices Business (MSB) with FinCen in the United States as well as FINTRAC in Canada. They are also additional regulated in the United Kingdom by the Financial Conduct Authority.

Kraken is a cryptocurrency exchange that is legit and safe for both beginner/novice traders and also experienced and serious traders, due to the exchange having a vast selection of features, a clear user interface for ease of use, low fees and also liquidity.

However, the Kraken exchange is not the best option if you are looking to trade crypto quickly since the payment options on Kraken are actually limited and they do not accept bank card deposits. Aside from that, the security on Kraken is top tier in practicing the best security practices in the industry so as long as you do not mind going through extensive KYC procedures, Kraken is a solid choice for an exchange to trade cryptos with.

Frequently Asked Questions

Does Coinbase only work in New Zealand?

Coinbase only allows crypto-to-crypto trades for New Zealand residents as of January 2023

Where can I find a Bitcoin ATM in New Zealand?

There are no Bitcoin ATMs in New Zealand as of January 2023

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