Crypto exchanges

Compare the best crypto exchanges for traders and investors in New Zealand.

By   |   Updated 21st September 2022

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Comparing crypto exchanges

Swyftx

On Swyftx's website

Featured

Swyftx

Highlights

  • Receive $10 worth of BTC when you sign up and verify your account.
  • Trade over 260 assets on Swyftx including Bitcoin, Ethereum, Ripple and Litecoin as well as DeFi coins such as UniCoin.
  • Deposit or withdraw funds from your account using several payment methods (PayID, OSKI, POLi or bank transfers).
  • New to Crypto? Try Swyftx's demo mode, it allows you to mock trade with no financial risk while you learn the ropes of crypto trading.

Pros

  • Trade more than 300 crypto assets through the Swyftx platform.
  • Offers tight spreads and low trading fees.
  • Get support within 5 minutes through their live chat.
  • Practice trading with a demo mode.

Cons

  • Lacks access to advanced trading markets.
Easy Crypto

On Easy Crypto's website

Easy Crypto

Highlights

  • The first crypto broker in New Zealand to offer a 100% funds safety guarantee on every order.
  • Full custodial control over your crypto at all times.
  • Convert easily and quickly between cryptocurrencies.

Pros

  • Simple and easy-to-navigate interface.
  • There is a wide range of cryptocurrencies available.
  • Includes tracker which shows your portfolio's performance.

Cons

  • High transaction fees compared to other exchanges.
Gemini Exchange

On Gemini's website

Gemini Exchange

Highlights

  • Gemini Exchange makes it simple to research the crypto market, buy bitcoin and other cryptos, and build a portfolio for the future of money.
  • Set recurring buys and dynamic price alerts.
  • All crypto held online in Gemini's exchange wallet is insured and it uses the best-in-industry cold storage coverage with leading insurance providers.

Pros

  • Suitable for both beginner and advanced traders.
  • Supports multiple fiats and cryptocurrencies.
  • You can earn interest on your cryptocurrency balances.
  • Its mobile apps are highly rated.

Cons

  • The fee structure can be expensive for both small trades and higher volume trades.
Independent Reserve

On Independent Reserve's website

Independent Reserve

Highlights

  • Instant deposits 24/7 via Osko/PayID.
  • Fee-free deposits are available. Trading fees from 0.5% down to 0.02%.
  • Invest in crypto for your SMSF and get detailed reporting for ATO compliance.

Pros

  • Automate your cryptocurrency trading strategy with Independent Reserve's AutoTrader feature.
  • Its built-in tax calculator makes it easier to file your tax return.
  • ISO certified and has an AUSTRAC license.

Cons

  • It has a limited number of supported coins compared to other exchanges.
Bitget

On Bitget's website

Bitget

Highlights

  • Earn up to $4,163 in trading bonus & coupons when you sign-up and deposit funds in your account. Terms and Conditions apply.
  • Trade over 150 coins and tokens.
  • Main feature includes one-click copy trading.
  • Provides 1-on-1 support for VIP customers and 24/7 multilingual online support.

Pros

  • The generous sign-up bonus when you meet the criteria.
  • Low trading fees.
  • You can sign-up for a demo account.
  • Get help from their customer support 24/7.

Cons

  • Has a limited number of educational tools and references.
Bybit

On Bybit's website

Bybit

Highlights

  • Get a $20 welcome bonus and earn up to $4,150 USDT when you sign-up today.
  • Take advantage of Bybit's high leverage and competitive trading fees.
  • Copy trading is available.

Pros

  • Easy signup process.
  • The complimentary gifts when you meet the criteria.
  • Access to advanced trading tools.
  • 24/7 live chat support.

Cons

  • Limited number of trading pairs.
  • Not regulated.
Uphold Crypto

On Uphold's website

Uphold Crypto

Highlights

  • Invest in 110+ coins including the majors, altcoins, and stablecoins with 0% commission.
  • Ability to trade crypto against other assets like foreign currency and commodities.
  • Stake a range of coins with competitive yields.

Pros

  • Open an account in less than a minute.
  • Low deposit requirement and commission-free trading.
  • Option to trade fiat currencies and precious metals.

Cons

  • High spreads on low-liquidity assets.
FTX Exchange

On FTX Exchange's website

FTX Exchange

Highlights

  • Get 5% discount on fees when you sign up now! Terms and Conditions apply.
  • Trade futures, options, volatility, spot and leveraged tokens.
  • Take advantage of low fees and tight spreads.

Pros

  • There are 270+ coins available on FTX Exchange.
  • Offers advanced trading features and derivatives.
  • Supports a total of 11 fiat currencies.

Cons

  • Beginners may find it difficult to use.
KuCoin

On KuCoin's website

KuCoin

Highlights

  • Safe and rapid Bitcoin purchase.
  • Multiple order types for all kinds of risk appetite.
  • Sign up and get a welcome gift.

Pros

  • Supports 600+ different coins.
  • Has low maker and taker fees, starting at 0.10%.
  • Opportunity to earn interest in your cryptocurrencies.

Cons

  • A limited choice of payment options is available.
Coinbase

On Coinbase's website

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Coinbase

Highlights

  • Buy and sell popular digital currencies, keep track of them in the one place.
  • Invest in cryptocurrency slowly over time by scheduling buys daily, weekly, or monthly.
  • Crypto stored on Coinbase servers is covered by an insurance policy.

Pros

  • Get access to a wide variety of altcoins.
  • Start trading with as little as $2.
  • Offers Coinbase card which allows you to spend crypto anywhere.

Cons

  • Fees are higher compared to other exchanges.
YouHodler

On Youhodler's website

YouHodler

Highlights

  • Exchange cryptocurrencies, fiat, and stablecoins.
  • Buy crypto with credit card, (Visa, Mastercard) and your SEPA bank account.
  • Open a crypto savings account or apply for a crypto loan.

Pros

  • Offers good interest rates for stablecoins.
  • Features that include crypto loans, turbocharge and multi HODL.
  • You can withdraw funds anytime.

Cons

  • Relatively new compared to other exchanges.
PrimeXBT

On PrimeXBT's website

PrimeXBT

Highlights

  • Margin trade Bitcoin, S&P 500, Gold, EUR/USD and 100+ assets.
  • Copy leading trades on the platform and get same returns.
  • Buy Bitcoin, Ether and other major digital currencies using bank transfer or VISA/Mastercard.

Pros

  • Offers margin trading.
  • Low trading fees.
  • Earn up to 14% APY on the most popular crypto assets.

Cons

  • Spot trading is not available.
Paxful

On Paxful's website

Paxful

Highlights

  • Buy and sell digital currencies using over 350 different payment methods.
  • Supports peer-to-peer trading.
  • Get a full-featured, secure wallet app.

Pros

  • Multiple deposit options are available.
  • Low fees.
  • Free wallet.
  • Rewards program.

Cons

  • Limited number of coins.
BitPrime

BitPrime

Highlights

  • Operates as a full-service cryptocurrency retailer.
  • Choose from over 150 of the top crypto tokens.
  • Book 1-on-1 support calls or consultation sessions.

Pros

  • Easy to use and has a seamless verification process.
  • Fund your account through bank transfer or POLI.
  • Registered and regulated.
  • New Zealand based.

Cons

  • High fees compared to other exchanges.
  • Limited auto-invest features.
Binance

Binance

Highlights

  • Zero-fee deposit via PayID / Osko.
  • Compatible with multiple devices.
  • Take advantage of low fees and attractive VIP programs.

Pros

  • It has some of the lowest trading fees out there. 0.1% for spot trading and 0.5% for instant buy or sell fees.
  • Credit card or debit card deposits are accepted.
  • Provides charting and trading tools suitable for advanced crypto traders.

Cons

  • The platform UI can be complicated to learn for new investors.
Bitstamp

Bitstamp

Highlights

  • Enjoy easy, fast and reliable crypto trading.
  • Use your credit or debit card to make a deposit and take advantage of low trading fees.
  • Offers advanced trading tools and 24/7 dedicated support.

Pros

  • User-friendly crypto exchange with low fees.
  • Bank-grade security & insurance.
  • Earn rewards.

Cons

  • Other exchanges offer more coin options.