How do I go About Buying Bitcoin in NZ? An Easy Crypto Guide

How do I go about buying Bitcoin in NZ? — If you have recently found yourself feeling inclined to invest in Bitcoin, you are not alone. 2019 is destined to be a historic year for Bitcoin. Some believe Bitcoin prices will skyrocket in 2020. If this is the case, right now might represent the last window of opportunity for everyday Kiwis to buy and own a significant amount of BTC.

Pile of New Zealand Dollars NZD

How do I go About Buying Bitcoin in NZ?

At Easy Crypto, buying Bitcoin is easy. It is possible for any New Zealander with a valid passport or driving license to open an account in seconds. Even better, it is then possible to buy Bitcoin in under 2-minutes via direct bank transfer or Poli Pay.

Easy Crypto leads the NZ Bitcoin market in several ways.

  • Easy Crypto has the cheapest broker Bitcoin prices in New Zealand
  • We are the only crypto broker in NZ to have a 100% funds safety guarantee
  • Our Verification process is fully automated so you can be signed up and buying Bitcoin in less than 4 minutes.

How to Buy Bitcoin through Easy Crypto in New Zealand

Easy Crypto Create an account speedrun Gif

Step 1 – Create an Account with Easy Crypto

To get started with Easy Crypto, create a new exchange account by signing up via email or Google. Once this is done, complete your Easy Crypto profile and verify your identity.

Create a free account with Easy Crypto here. 👈

Green tick mark on purple background to represent successful verification on Easy Crypto

Step 2 – Verify Your Identity

Thanks to our cutting edge automated verification system, At Easy Crypto, it is possible to verify new user accounts in seconds.

  • Provide your name and DOB
  • Upload a picture of your passport or drivers licence
  • Bam! All done! Our system will take care of the rest. 😎

(With Coinbase in the U.S. it is common for ID verification to take several hours or days.)

Gif of me buying bitcoin through easy crypto in 30 seconds

Step 3 – Buy Bitcoin

As soon as your identity is confirmed, you can buy Bitcoin by entering an NZD amount of Bitcoin you would like to purchase. At this point, it is also necessary to enter a Bitcoin wallet address where you would like coins sent to after payment. However, if you do not have a BTC wallet, don’t worry.

You can create a Bitcoin wallet through us for free. If you don’t have a cryptocurrency wallet yet, you can click here to learn how to create one now.

one hand holding a cash and another hand holding a bitcoin

Step 4 – Finalize Payment

Once you have entered your wallet details or asked us to generate a wallet, it is time to finalize payment. To do this, it is possible to pay via direct bank transfer or Poli Pay. We recommend the latter option, as this way it is possible for us to confirm and process BTC orders in as little as 2-minutes.

secure vault representing litecoin paper wallets

Step 5 – Take Delivery of Your Bitcoin and Store it Somewhere Safe

As soon as payment is confirmed by your bank or Poli Pay, newly purchased Bitcoin is sent to your BTC wallet address or email. In both cases, it is important to secure coins immediately after delivery.

It is not possible for Bitcoin to be replaced if it is ever lost or stolen. Make sure, therefore, to research basic digital currency security and protect coins accordingly.

You can click here to learn how to safely store your Bitcoin in NZ.

Bitcoin coin sitting on bars of gold to represent a similar investment

Is Now a Good Time to Invest in Bitcoin?

Is Bitcoin destined to break new records in 2020? At present, it is not possible to say. (At least, not with any certainty.) What is certain is that Bitcoin is about to become much scarcer.

  • In May 2020, the number of new Bitcoin entering circulation is scheduled to be reduced from 1,800 per day to just 900.
  • It is widely believed that the price of Bitcoin will go up as a result of increased scarcity.
  • Many people believe that buying Bitcoin now is a sure-fire way to profit from future price increases.

At present, Easy Crypto is, therefore, seeing a surge in demand for Bitcoin in New Zealand. Find out why we are considered NZ’s best local exchange by opening your account today.