Are you a crypto enthusiast in New Zealand? If so, you’ll be glad to know that cryptocurrency is legal in the country. The Financial Markets Authority (FMA) of New Zealand regulates most exchanges where you can trade Bitcoin and other cryptocurrencies. These exchanges adhere to regulations set by the FMA and other relevant regulatory agencies to ensure a secure trading environment for users in New Zealand.
Best Crypto Exchanges in New Zealand
| Exchange name | Supported coins | Trading fee | Regulation in New Zealand | |
|---|---|---|---|---|
OKX | Over 300 digital assets | 0.1% | Aligns with international financial regulations to ensure a secure trading environment for New Zealand users. | Visit |
Bybit | Over 930 digital assets | 0.1% | Off-shore exchange not directly licensed in New Zealand or Australia. | Visit |
Uphold | Over 260 digital assets | Spread fee of 1% | Regulated by the Financial Conduct Authority (FCA), FinCEN, and other tier-1 regulators. Available to NZ-based investors. | Visit |
Independent Reserve | 28 assets | 0.5% | Regulated by Australia’s AUSTRAC | Visit |
SwyftX | 320 digital currencies | 1.7% | Registered with local authorities dealing with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) | Visit |
Binance | 385+ currencies | 0.1% | Registered Financial Services Provider in September 2022 | Visit |
Easy Crypto | 160+ assets | Up to 0.01% | Registered financial services provider in New Zealand. These crypto exchanges offer a variety of supported coins and have different trading fees. Some are directly licensed in New Zealand or regulated by New Zealand authorities, while others operate as off-shore exchanges. Regardless, they all strive to provide a secure trading environment for users in New Zealand. Conclusion |
