Cryptocurrency exchange New Zealand 2021
          

The cryptocurrency industry has grown rapidly in recent years. Many blockchain start-ups are created, new cryptocurrency funds are launched, the high volatility of the market attracts the attention of many traders, as a result, the list of global cryptocurrency exchanges is regularly supplemented with new platforms for trading digital assets.

Exchanges are becoming financial centers where most of the cryptocurrency money in circulation is concentrated and where there is a lot of interaction between market participants. But how to choose a trading platform out of all this diversity that will suit you and not disappoint you in the future? This brief overview should help you decide which exchange to choose.

Coinbase

Coinbase, founded in 2012, is a centralized platform and has a high reliability rate. Coinbase wanted to prove to the public that the future belongs to digital assets. The Coinbase platform is designed to work in an international format. To this end, the website has been translated into several foreign languages. The interface is simple and uncomplicated, even for beginners.

Coinbase is one of the safest places to buy, sell and store cryptocurrencies. Most user funds are stored offline. And those stored online are insured.

Coinbase customers can have only one personal account. Registration and account maintenance are free of charge. Because Coinbase positions itself as the safest cryptocurrency platform, identity verification is done with due diligence. There are 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  • You can pay funds that can be deposited and withdrawn using a bank card, transfer and a range of payment systems.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

Binance is a cryptocurrency exchange that was founded in 2017. The exchange has earned the trust of the cryptocurrency community, primarily due to its strong development team that is very knowledgeable about their craft. In August 2017, one of China's leading financiers and most influential people in the online economy, Yi Hee, joined the company. Today, Binance regularly attracts new investors and backers to continuously develop and improve the platform.

Binance has the widest list of cryptocurrencies and is open to working with new coins. The list includes only the most promising cryptocurrencies.

The fast registration can be attributed to the company's pleasant advantage. The company's top priority is to protect its merchants. Account security is represented by two-factor authentication. This means that in order to log into an account, the user must provide 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 interest many community members. You can learn more about them on the website. This website is widely regarded as 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

Kraken is an international cryptocurrency exchange, considered one of the largest sources in terms of trading volume, linked to the euro. The main goal of this marketplace is to make digital currencies accessible and useful to users from all over the world.

Initially, the exchange offered a modest selection of cryptocurrencies to trade (BTC, ETH and LTC). However, since 2017, the cryptocurrency market has shown impressive growth. The trading platform targets both retail and institutional investors. A lot of time has been spent on adding margin, futures and OTC trading, as well as darkpooling:

  • 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

Bittrex cryptocurrency exchange was founded in 2014 in Seattle, USA. It is one of the oldest exchanges on the Internet and has earned the trust of a large number of users around the world. Bittrex very often reaches the top positions among 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 sharing the market, Bittrex is steadily displacing them.

The Bittrex development team states that security is their top priority. Bittrex uses a flexible layered architecture to store funds. 90% of funds are stored in standalone wallets in a secure location. The platform also has tools like two-factor authentication and other basic default settings. The Bittrex exchange has never been exposed to hacker attacks in its history.

The Bittrex platform is designed so that deposits and withdrawals are very fast. After creating a transaction, you can immediately see its status at the exchange's headquarters. Users can follow the process of crediting and confirming transactions in real time.

Another advantage is that Bittrex is designed so that even beginners and people with little knowledge of trading can access 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 

BitMEX was launched in early 2014 by HDR Global Trading, run by experts with 40 years of experience in high frequency finance and algorithmic trading.

Bitmex is considered a platform for more experienced market participants.

BitMEX specializes in peer-to-peer P2P trading of cryptocurrency derivatives and has no direct competitors. All payments on the platform are made in BTC. Asset tokens have the usual symbols, except for bitcoin - its unique identifier XBT can be found on the exchange.

BitMEX allows you to trade both up and down. Users can open both long and short positions. To ensure that you do not make a mistake in your calculations, BitMEX provides a handy calculator in the left corner of the terminal. By specifying the entry and exit point in the cryptocurrency, the calculator calculates the profit or loss. A very useful tool.

You can also significantly increase your earnings on BitMEX by using margin trading, which allows you to trade borrowed bitcoins instead of your own:

  • 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

Bitfinex is one of the largest cryptocurrency exchanges. Founded in 2012, Bitfinex was one of the first professional platforms to be created in response to the high interest in cryptocurrency trading.

The Hong Kong-based bitfinex.com exchange positions itself as a platform for professionals. It impresses with a variety of trading instruments, the ability to create many types of orders, as well as to use leverage and sponsor other traders.

You will not find any suspicious coins here, there are only about 40 of the most popular and reputable coins 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 registering, but you cannot make transactions using it. Bitfinex offers diverse and sophisticated features, some of which are second to none:

  • 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

LocalBitcoins is a decentralized peer-to-peer exchange that specializes in connecting those who sell cryptocurrencies and those who buy them. A feature of the exchange is the ability to buy MTC offline. It selects offers that best fit the trader's geographical location.

When working on this site, it is very important to accept that transactions are carried out directly, i.e. with the counterparty itself, and not on the basis of the exchange. Therefore, it is advisable to constantly review his profile, analyze and look for positive feedback from customers, the history of transactions made, information about the life of the account, the number of traders who added him to the list of scammers or, conversely, to the list of white lists.

The advantages include a user-friendly interface that even a novice trader will understand, the ability to buy MTC in 248 national currencies, and the ability to 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 

Founded in the US in 2014, the Poloniex cryptocurrency exchange remains one of the most popular platforms among traders and investors. It should be noted that the Poloniex cryptocurrency exchange has a nice soft design and a friendly and intuitive interface that is great for both experienced traders and beginners. In addition to the traditional spot exchange, on Poloniex you will find options (a section) for margin trading and a section for those who want to borrow their funds.

According to Poloniex's new owners, they intend to work on scaling the business, adding more tokens to listings and integrating support for fiat currencies.

Previously, to work with the Poloniex exchange, you only had to register. Now, in order to trade on this site, you must be verified by the exchange. According to the Poloniex team, this was to combat fraud on the exchange and make the company more transparent:

  • 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

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 most popular, exchanges. Although KuCoin is relatively new in the world of cryptocurrency exchanges, the team is already well established and the exchange has been running smoothly since its launch.

Several factors have contributed to this, including robust protection of customer accounts from hacking and the introduction of unique systems for earning digital coins.

There are no bonuses for beginners on this cryptocurrency exchange, and there is no demo account, so you should try trading with real money right away. Registration on Kucoin exchange is as simple as it gets. Everything starts with 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

Bitpanda is a digital currency investment service launched in 2014 by Eric Demuth, Paul Klanscheck and Christian Trummer. Bitpanda is registered in Austria and is based in Vienna. In short, it is a cryptocurrency exchange specializing in buying and selling bitcoin and other altcoins in the Eurozone.

The exchange is primarily aimed at residents of European Union countries. For example, traders from the United States of America will not be able to open an account, be verified and use the service.

The exchange is completely open and does not hide any information about its license and team, so many people trust it. More than one million people visit the official website of the exchange every day. Moreover, the website has easy and fast registration and absolutely user-friendly 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

Coinmama, founded in 2013, has long been the choice of consumers who want to buy cryptocurrencies via credit/debit card. The company was the first to offer this payment method and quickly became one of the leaders in this segment. The site is available 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 don't need to wait several days for a bank transfer to be processed, this site is a good choice. Another important advantage: your currency is not stored on the site, but is instantly transferred to your wallet.

Among customers, there are no complaints about the changer's performance. Most comment on the simplicity, accessibility and functionality of the tool:

  • 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.

Paxful

As the demand for bitcoins and other virtual currencies continues to grow, more and more platforms for buying/selling cryptocurrencies are emerging. As the market seeks to streamline and simplify the process, most new services offer convenient peer-to-peer services where transactions are made directly between users, with the website acting as an intermediary to manage the process. Paxful is one such platform. The owners have made the service as transparent and convenient as possible.

The exchange was founded in the US in 2015. Ambitious programmers Arthur Shabak and Ray Yousef decided to create a peer-to-peer trading platform that would allow buyers and sellers to directly interact with each other.

Paxful has a very responsive support team that can be contacted via email and phone. The site also has an online chat 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

HitBTC is definitely among the top cryptocurrency exchanges in terms of daily trading volume. And while liquidity is a very important measure of a trading platform, it is certainly not its only advantage.

The HitBTC trading interface is not fundamentally different from that of other exchanges. If you have ever worked with other sites, everything will be intuitive. However, it is worth saying that all the blocks in the trading window are very functional and well thought out down to the smallest detail. Moreover, you can freely adjust the position of all blocks on the screen.

The registration process is as simple as it gets, literally one minute or less separates you from your first visit to the site to start trading. There is verification on HitBTC, but it is optional. As stated in your personal account, the management of the exchange recommends you to go through the KYC procedure if you intend to trade on a large scale or withdraw large amounts of cryptocurrency.

Another feature that sets HitBTC apart from other popular exchanges is the range of supported cryptocurrencies. Today, the exchange offers the opportunity to trade more than 200 tokens and cryptocurrencies. The exchange features coins that are not available on other leading platforms. This makes the platform unique and offers investors additional liquidity.

The entire 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 stablecoins 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! Exchanges are dynamic systems, so services and conditions can change regularly.

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