Bitcoin to NZD – Where Can I Sell My Bitcoin in NZ?

Pile of New Zealand Dollars NZD

Where Can I Sell My Bitcoin? – How to Convert Bitcoin to NZD

Investing in Bitcoin can be extraordinarily lucrative. However, the only way to realise profits is to convert your Bitcoin to NZD. For many Kiwis, this can prove problematic. However, there is an easy way to convert BTC to NZD almost instantly.

Bitcoin in New Zealand bush

How to Convert Bitcoin to NZD

At present, international exchanges like Coinbase dominate the market when it comes to cashing out crypto. However, most international exchanges only offer BTC to USD conversions. Most also impose limits on cash withdrawal amounts.

  • Converting BTC to USD fiat cash funds often takes more than 48-hours.
  • Charges for international bank transfers and USD to NZD exchange rates can see Kiwis pay between 1% and 5% in fees per transaction.
  • International exchanges like Coinbase are known to limit withdrawals during peak BTC trading periods.

Thankfully, there is a better, more hassle-free way to convert BTC to NZD, right here in New Zealand.

Stack of gold bitcoins in front of the New Zealand flag NZ

Where Can I Sell My Bitcoin Locally?

Kiwis often use international exchanges to sell Bitcoin, because they believe that they have no other option. However, nothing could be further from the truth.

Easy Crypto NZ is a New Zealand owned, operated, and regulated exchange, which caters exclusively to Kiwis and New Zealand residents.

After signing up at Easy Crypto, Bitcoin can be purchased in under 2-minutes via direct bank transfer and POLi instant pay. More importantly, verified exchange users can convert Bitcoin to NZD at any time, without incurring hefty bank charges or international exchange fees.

How it Works

To convert Bitcoin to NZD at Easy Crypto, new users first need to create an exchange account and verify their identity. Doing so is easy. If you own a New Zealand issue drivers license, accounts can be verified in under 2-minutes.

Easy Crypto NZ trust pilot reviews score rating screenshot

To sell Bitcoin, all users need to do next is navigate to the Easy Crypto ‘Buy’ and ‘Sell’ page. Here it is possible to cash out the equivalent of $10,000 in Bitcoin to NZD in any 24-hour period, and we can also cater to larger trades via OTC.

  • Most requests to convert BTC to NZD are authorized within 24-hours.
  • It is possible to covert amounts of Bitcoin to NZD in excess of $30,000. However, if your coins were not originally purchased from Easy Crypto, you can easily prove the source and go forward with selling.
  • In every case, Bitcoin to NZD funds are deposited into user bank accounts within 24-hours. (Unfortunately the banks aren’t quite as fast as crypto, so it can take longer on the weekends)

New Zealand with 2 Kiwis and ferns and three Bitcoin coins with green background

When is The Best Time to Convert Bitcoin to NZD?

Easy Crypto makes it easier for Kiwis to convert BTC to NZD than at any other local or international exchange. All we can’t do is say with any certainty when Kiwis should cash out.

Investing in Bitcoin is like investing in a financial rollercoaster ride. Even Kiwis who convert BTC to NZD when Bitcoin reaches new all-time highs sometimes regret doing so. The best thing Kiwi investors can, therefore, do is to plan in advance how long to invest for. Just remember that when you do cash out, Easy Crypto represents the best way to do so.