What security measures does Swyftx implement?

Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security. Swyftx also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

What are Swyftx's trading fees?

Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.

Bitcoin

BTC

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Market Cap

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Bitcoin Price

About Bitcoin (BTC)

View the live Bitcoin (BTC) price in NZD and learn how Kiwis buy BTC.

Bitcoin is a digital currency invented in 2009 by an unknown person or group under the pseudonym Satoshi Nakamoto. BTC is a decentralised currency, meaning it operates on a peer-to-peer network without the need for intermediaries like banks. Transactions are verified and recorded on a public ledger called a blockchain.

According to Satoshi Nakamoto, Bitcoin was created to allow “online payments to be sent directly from one party to another without going through a financial institution.”

Bitcoin is the biggest, most well-known cryptocurrency and often accounts for over 50% of the overall cryptocurrency market capitalisation (the total value of the crypto market).

The maximum supply of Bitcoin is capped at 21 million coins, with over 19 million BTC already in circulation. New coins are constantly being created through a process called mining. Bitcoin mining is performed by specialised computers that verify transactions on the Bitcoin blockchain and in exchange, are rewarded with newly-minted BTC.

This reward, known as the block reward, diminishes every four years to help keep BTC deflationary in an event called “Bitcoin halving”. 2024 saw Bitcoin experience its fourth halving, with the block reward reducing to 3.125 BTC.

That same year, spot Bitcoin ETFs were approved by the Securities and Exchange Commission. This allowed investors to buy funds on traditional stock exchanges in the United States, providing exposure to the price of BTC.

Bitcoin has also introduced smart contracts to its blockchain. This lets users release their own tokens, build decentralised applications or create NFT collections within the Bitcoin ecosystem.

On the 7th of March 2025, US President Donald Trump signed an Executive Order confirming the introduction of a Strategic Bitcoin Reserve in the United States

Buy Bitcoin (BTC) in New Zealand

If you want to buy Bitcoin in New Zealand, you can sign up to Swyftx and start trading in four easy steps.

Create account
Verify identity
Deposit NZD
Buy BTC

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How to Buy Bitcoin (BTC) in New Zealand

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Bitcoin FAQs

Bitcoin FAQs
Swyftx FAQs

Where is the best place to buy Bitcoin?

The best place to buy Bitcoin is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Bitcoin determined?

The price of Bitcoin is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Bitcoin with credit card?

Swyftx does not allow you to directly buy Bitcoin with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Bitcoin instantly.

BTC Buys and Sells

By number of orders

83%
Buys

17%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.