Best cryptocurrency exchange New Zealand 2021
In recent years, the crypto industry has been developing at a rapid pace. Many blockchain startups appear, new cryptocurrency funds are launched, the high volatility of the market attracts the attention of many traders, and as a result, the list of global cryptocurrency exchanges is regularly updated with more and more new trading platforms for digital assets.
Exchanges are becoming financial centers where most of the money in currency is concentrated, and where there is active interaction between market participants. But how do you choose from all this variety a trading platform that is suitable for you, and which will not become a matter of disappointment in the future? A brief overview should help you decide which exchange to choose.
Coinbase Exchange, founded in 2012, is a centralized platform and has a high degree of reliability. The goal of Coinbase's founding was an attempt to prove to society that the future belongs to digital assets. The Coinbase platform aims to work in an international format. To this end, the site has been translated into several foreign languages. The interface is simple and uncomplicated, even for beginners.
The Coinbase exchange is one of the safest places to buy, sell and store cryptocurrencies. Most of the exchange users' money is stored offline. And those stored online are insured.
Coinbase customers can only have one personal account. Registration and maintenance of an account is free of charge. As Coinbase positions itself as the most trusted platform for cryptocurrency, identity verification is done according to all precautions. There can be no copies of documents sent via email. All documents are verified through the Coinbase website or app:
- 23 types of coins.
- The rates charged for all operations under $200 are as follows: $0.99 - $2.99 - for operations from $0 to $200; for over $200, a fixed interest rate comes into play. Its size depends on the payment method.
- Free mobile and online wallet. The advantage of this wallet is that transactions can be made off-blockchain.
- You can pay funds that can be deposited and withdrawn using a bank card, transfer and a range of payment systems. SEPA transfers are available for EU residents.
- Two-factor authentication. All website traffic is encrypted using the SSL cryptographic protocol.
- All wallets keys are protected by AES-256 encryption. Only 2% of her clients' cryptocurrency funds are stored online, and they are insured in case of loss.
- Android and iOS app.
Binance is a cryptocurrency exchange founded in 2017. The exchange has gained the trust of the crypto community, mainly thanks to a strong team of developers who know their craft very well. In August 2017, one of the most important supporters and influential people in China's online economy, Yi Hee, joined the company. Currently, Binance regularly attracts new investors and sponsors for the continuous development and improvement of the platform.
Binance has the widest list of cryptocurrencies and is open to collaboration with new coins. Only the most promising cryptocurrencies are listed.
The fast registration can be attributed to a nice advantage of the company. The company's main priority is the protection of its merchants. Account security is represented by two-factor authentication. This means that in order to log into the account, the user must enter not only a username and password, but also an individual key or code.
In addition to its trading platform, Binance offers additional services that will be of interest to many in the community. You can learn more about them on the website. This site is rightly considered one of the best cryptocurrency exchanges:
- 740 different crypto and fiat pairs, including own token BNB.
- Binance offers competitive trading fees (commissions): 0.1% on each side of the trade, or 0.075% if you are using your Binance tokens (BNB).
- Trust Wallet mobile application.
- Bank transfer, debit/credit cards, various P2P payment channels.
- The exchange launched CryptoSafe Alliance (CSA). This initiative will bring together exchanges, blockchain protocols, cybersecurity experts, and regulatory compliance companies. It is the first comprehensive threat monitoring and protection tool in a decentralized data exchange environment.
- A free app is available in Google Play Store or the App Store.
Kraken is an international cryptocurrency exchange, considered one of the largest sources in terms of trading volume, on par with the euro. The main goal of this site is to make digital currency accessible and useful to users around the world.
At first, the exchange offered a sparse selection of cryptocurrencies (BTC, ETH, and LTC) to trade. But since 2017, when the cryptocurrency market showed impressive growth. The trading platform is aimed at both retail and institutional investors. Much time has been spent adding margin, futures and OTC trading as well as darkpool:
- 8 tokens are available.
- Transactions under 50,000 units of a particular currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer. For sums over 50,000 units, commissions are reduced to 0.14% and 0.24% respectively.
- No crypto wallet is offered on the site.
- Crypto wallets and money transfers via bank transfer. Deposit/withdrawal via bank cards is not available.
- The exchange offers users two-factor authentication, PGP encryption, and global settings lock, which prevents any account changes within a certain period of time.
- Kraken Pro and Kraken Futures applications.
Bittrex cryptocurrency exchange was founded in 2014 in Seattle, USA. This marketplace is one of the oldest on the Internet and has gained the trust of a large number of users worldwide. Very often, Bittrex comes in the top positions of cryptocurrency exchanges in terms of daily trading volume. Experts call Bittrex one of the most reliable and best cryptocurrency exchanges in the world. And while younger competitors are dividing the market today, Bittrex is confident in pushing them back.
The Bittrex development team states that security is their top priority. Bittrex uses a flexible multi-tiered architecture for storing funds. 90% of the money is stored in offline wallets in a secure location. The platform also has tools such as two-factor authentication and other basic default settings. In its entire history, the Bittrex exchange has never been compromised by hackers.
The Bittrex platform is designed for very fast deposits and withdrawals. Once a transaction is created, you will immediately see its status in your personal account on the exchange. Users can follow the credit process and confirm the transaction in real time.
Another advantage is that Bittrex is set up in such a way that even beginners and people with little trading knowledge can have access to cryptocurrency trading:
- 250+ trading pairs are available.
- Topping up your euro account is available via SEPA credit transfer, international bank transfer, bank card. Fiat funds withdrawal is possible to a bank account using an international bank transfer, and for euros, a SEPA credit transfer is supported. The withdrawal commission depends on the chosen currency: in bitcoin, it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The site has a fixed trading fee of 0.25% of the total value of the order.
- No crypto wallet.
- Bank transfers, credit/debit cards.
- Two-factor authentication (2FA), IP check, which requires an email confirmation of entry from a new IP-address, IP whitelists, Cold storage for 80%-90% assets.
- There are two apps for Android and iOS respectively: Bittrex Global and Bittrex.
BitMEX was launched in early 2014 by HDR Global Trading, led by experts with 40 years of experience in high frequency finance and algorithmic trading.
Bitmex is considered a platform for the more experienced players in the market.
The BitMEX platform specializes in peer-to-peer P2P cryptocurrency derivatives trading and has no direct competitors. All calculations within the site are done in BTC. The asset ticks have the usual symbols, except bitcoin - its unique identifier XBT is listed on the exchange.
BitMEX allows you to trade both up and down. Users can open both long and short positions. To avoid calculation errors, BitMEX provides a handy calculator in the left corner of the terminal. By indicating the entry and exit points of the cryptocurrency, the calculator calculates the profit or loss. A very useful tool.
In addition, you can significantly increase your profits on BitMEX by using margin trading, which allows you to conduct transactions not with your own bitcoins, but with borrowed bitcoins:
- 55 trading pairs.
- BitMEX does not charge any fees for deposits or withdrawals. When withdrawing BTC, a minimum Bitcoin Network commission is applied; commissions for takers are 0.075% of the total order value, while makers are paid an additional 0.025% for each trade.
- Crypto BitMEX wallet.
- Beyond virtual currencies, BitMEX does not accept any other deposits.
- Funds are stored in cold wallets; Two-factor authentication; Registration via SMS notifications; Multi-signature wallets for transactions; Email communications are encrypted using PGP encryption.
- BitMEX Mobile launched in September 2020.
Bitfinex is one of the largest cryptocurrency exchanges. Founded in 2012, Bitfinex was one of the first professional platforms to be established in response to the great interest in cryptocurrency trading.
The Hong Kong exchange site bitfinex.com positions itself as a platform for professionals. It impresses with a variety of trading tools, offers the possibility to create various types of orders, as well as to use leverage and sponsor other traders.
You will not find any dubious currencies here, there are only about 40 of the most popular and reputable currencies on the exchange. Bitfinex is known by its users for its reliability and security.
There are no demo accounts on the exchange. There is a "Demo" button on the main page. This allows you to familiarize yourself with the interface before registration, but you cannot perform any operations with it. Bitfinex offers diverse and complex features, some of which have no analogues:
- Over 140 coins and 300 trading pairs.
- No additional payments for deposits and withdrawals in digital coins. When you deposit USD, you will have to pay a commission of 0.1%, but not less than $20;Minimum fee for withdrawing fiat money is $60; With the minimum currency turnover per month, the trading fee is 0.1% for the maker and 0.2% for the taker.
- Users are offered three wallets to choose from - Exchange Wallet, Margin Wallet, and Financing Wallet.
- In addition to digital currencies, bank transfers and card withdrawals are available to users.
- Only 0.5% of crypto assets are kept online to support daily transactions. The rest of the coins are kept in cold wallets out of the reach of hackers. For these wallets to become available, manual authorization of several members of the management team is required.
LocalBitcoins is a decentralized exchange that specializes in bringing together those who sell cryptocurrencies and those who buy them. A distinctive feature of the exchange is the possibility to buy TCM offline. In this case, a selection is made of the offers that are most suitable for a merchant by territorial location.
When trading on the basis of such a site, it is very important to accept that transactions are made directly, that is, with the counterparty, and not on the basis of exchange. Therefore, it is worth constantly reviewing their profile, analyzing it and looking for positive customer reviews, the history of transactions made, information about the life of the account, the number of traders who have added it to the fraudulent list or, on the contrary, to the white list.
Its advantages include a comfortable and clear interface that even a novice trader can understand, the ability to buy ERM at the expense of the national currency in 248 countries around the world, thanks to the exchange you can find the most reliable and secure counterparty with whom you can work directly in the future:
- The service does not charge a commission from the buyer. For sellers, there is a set commission of 1% on each sale.
- Bank transfers, banking cards, electronic systems.
- The security of the transaction is ensured by the escrow method, which has proven to be highly effective; User accounts are protected by two-factor authentication.
Poloniex cryptocurrency exchange, which was founded in the United States in 2014, is still one of the most popular platforms among traders and investors. It should be noted that the Poloniex cryptocurrency exchange has a nice design, a convenient and intuitive interface, perfect for both experienced and novice traders. Besides the traditional spot exchange, on Poloniex you will find options (section) for margin trading, and also a section for those who want to lend their money.
According to the announcement by the new owners of the Poloniex exchange, they plan to work on expanding this business by adding new tokens to the listing and integrating support for fiat currencies.
Previously, to work with the Poloniex exchange, you simply had to register. Well, in order to trade on this site, you definitely need to go through an exchange verification. According to the Poloniex team, this was done to combat exchange fraud and increase the transparency of the company's activities:
- 100+ currency pairs.
- All deposits are allowed without any additional charges; The withdrawal fee is fixed, and it depends on the type of the currency; commissions are from 0 to 0.25%. Maker commission is from 0% to 0.15%; taker commission is from 0.1% to 0.25%. The higher is the volume of completed transactions in one month, the lower is the commission for all subsequently completed transactions.
- Own Wallet.
- Replenishment of an account with a bank card or withdrawal to a card are not available for users of some countries.
- The administration highly recommends adding two-factor authentication to your account.
- Mobile application.
KuCoin was founded in 2017 as a service provider in the cryptocurrency market. In recent years, this cryptocurrency exchange has become one of the most well-known and therefore the most popular. Although Kucoin is a relatively new project in the world of cryptocurrency exchanges, its team has already proven to be excellent, and the exchange has been running smoothly since its launch.
This was facilitated by several factors, including the reliable protection of customer accounts from hacking and the introduction of unique systems for making money in digital currencies.
For beginners, crypto trading does not have a bonus for registering an account, nor is there a demo account, so you will have to try trading with real money right away. Registration for Kucoin trading is as easy as it gets. It all starts by entering your email address and choosing a password. You will then receive a confirmation email with further instructions:
- 200+ coins and 450+ trading pairs.
- All deposits are free on the site, and there is a fixed fee for withdrawals; KuCoin offers a flat commission of 0.10%, which is less than the industry average.
- Inner site crypto wallet.
- A variety of payment methods supported by P2P fiat services.
- The exchange offers you the option to set up two-factor authentication by Google Authenticator.
- Mobile application .
Bitpanda is a digital currency investment service launched in 2014 by Eric Demuth, Paul Klanschek, and Christian Trummer. Bitpanda is registered in Austria, with its headquarters in Vienna. In short, it is a cryptocurrency exchange that specializes in buying and selling bitcoins and other altcoins in the eurozone.
The exchange is primarily aimed at residents of European Union countries. For example, merchants from the United States of America will not be able to open an account, check cards, or use the services of the service.
The exchange is completely open and does not hide any information about the license and the team, so many people have confidence in it. More than a million people visit the official website of the exchange every day. In addition, the service has easy and fast registration and an absolutely convenient and intuitive interface:
- Bitcoin, Ethereum and 30+ digital assets.
- The trading commission of the service depends on the type of currency and the nature of the transaction. When buying bitcoins, you pay 1.49%, when selling - 1.29%.
- Commission for replenishment and withdrawal is fixed for each coin and is debited from the account.
- Bitpanda crypto wallet.
- You can make a deposit either by bank transfer, credit cards or electronic payment systems.
- Bitpanda refers to systems that independently manage user wallet keys. Besides, the following security measures are offered: fund cold storage session control. Every login attempt from a new device requires two-factor authentication confirmation, authentication and validation via email.
Coinmama, founded in 2013, has long been the choice of consumers who want to buy cryptocurrencies with a credit/debit card. The company was the first to offer this payment method and has quickly become one of the leaders in the industry. The site is accessible to almost everyone, serving 226 countries and most US states.
Coinmama offers a service that is one of the easiest to use. For customers who want to buy Bitcoin or Ethereum quickly with a credit/debit card, and do not want to wait a few days for a bank transfer to be completed, this site is a good choice. Another important advantage: your currency is not stored on site, but is immediately transferred to your wallet.
There are no complaints among customers about the center's work. Most people note the simplicity, accessibility, and functionality of the font:
- The website sells Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos and EOS.
- The use of credit or debit cards implies a service charge of 5%. Besides, the charges 3.90% for buying coins and 0.9% for selling these.
- No Wallet.
- Credit/debit cards and bank transfers; It supports SEPA and SWIFT payments.
- Coinmama is a reputable company with a secure site using Trust Guard and Comodo technologies. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information.
- Mobile app.
As the demand for bitcoins and other virtual currencies continues to grow, more and more platforms for buying/selling cryptocurrencies are emerging. The market is trying to optimize and simplify this process, so that most new services offer convenient peer-to-peer services. In this approach, transactions are made directly between users, and the website acts as an intermediary that takes care of the process. Paxful is one such platform. Its owners have made sure to offer the most transparent and convenient service.
The exchange was founded in the United States in 2015. Ambitious creators Arthur Shabak and Ray Yousef decided to create a peer-to-peer marketplace where sellers and buyers could contact each other directly.
Paxful has a highly responsive technical support team that can be contacted by email or phone. In addition, there is an online chat on the site for quick communication. The site has no restrictions on the location of users. Buyers and sellers from all over the world can register and use Paxful's services:
- Bitcoin and Tether as assets.
- Commissions are applied for crypto selling:0.5% for bank transfers; 1% for bank cards and e-payments; 3-5% for gift cards; No commission is charged for buying cybercurrencies; Paxful will charge a transfer fee for sending funds to an external wallet. $0 - $9.99 = 0.0001 BTC$ 10 - $19.99 = 0.0002 BTC;More than $20 = 0.0005 BTC.
- The Paxful Wallet App makes it easy to store and manage coins with your mobile wallet.
- More than 300 ways to buy coins, including bank transfer, credit and debit cards, PayPal, Western Union, and even Amazon, iTunes or Steam gift cards.
- The security of the system is ensured by two-factor authentication, depositing and the obligatory verification procedure when working with large amounts.
- Paxful Wallet for Android and iOS.
HitBTC is confidently among the TOP cryptocurrency exchanges in terms of daily trading volume. And while liquidity is a very important indicator for a trading platform, it is by no means its only advantage.
The trading interface of the HitBTC exchange is not fundamentally different from that of other exchanges. If you have worked with other sites, then everything will be intuitively clear. However, it must be said that all blocks in the trading window are very functional and thought through down to the smallest detail. In addition, you can adjust the positions of all blocks on the screen independently according to your needs.
The registration process was made as simple as possible, literally a minute or less separates you from the first visit to the site to the start of the auction. There is a verification at HitBTC, but it is optional. As stated in your personal account, the exchange management recommends that you go through the KYC procedure if you are going to trade in large scale or withdraw large amounts of cryptocurrencies.
Another feature that sets HitBTC apart from the list of other popular exchanges is the variety of cryptocurrencies supported by the site. Today, the exchange offers the opportunity to exchange over 200 tokens and cryptocurrencies. There are coins on the exchange that are not available on other higher platforms. This makes the platform unique and offers traders additional liquidity.
The full list of cryptocurrencies is traded in pairs with BTC, ETH, USDT, DAI, EOS, TUSD, EURS. And while there is no way to deposit or withdraw fiat money on HitBTC, there are several fiat currencies on the platform:
- 800 currency pairs.
- No commissions for deposits and a fixed commission for withdrawals depending on the coin; HitBTC uses a multi-level trading fee calculation system. The more a user trades, the lower his commission will be.
- No crypto wallet.
- The HitBTC exchange can be replenished exclusively with digital currency.
- The platform provides 2-factor authentication, high-end encryption technology and cold storage of funds.
- No application.
Remember! Fairs are dynamically developing systems, so the list of services and their conditions may change regularly.