Buy Bitcoin New Zealand

$0.00

0.00%

Buying price

AUD

BTC

We charge 0.6% on all trades

Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

0.00%

What is Bitcoin?

Bitcoin (BTC) is a peer-to-peer, open-source digital currency – the first of its kind in the world. Created by Satoshi Nakamoto in 2009, Bitcoin is unlike fiat currency such as NZD or USD which are controlled by central banks. Instead, it permits transactions between independent parties without the need for a central authority to facilitate them. The decentralised verification process of Bitcoin allows for individuals or businesses to transfer money between each other which is faster and more cost-efficient than regular bank transactions.

Bitcoin is created through a process called mining where users who validate transactions on the network are rewarded by receiving Bitcoin themselves. By validating these transactions they bring security and transparency to the network.

To Buy Bitcoin in New Zealand, create a free trading account with Swyftx and verify your identity instantly with our quick and document free account verification. Once this step is done, you can deposit New Zealand Dollars to buy BTC instantly.

How does Bitcoin work?

The Bitcoin protocol is built on a blockchain. Blockchain is the underlying technology of Bitcoin and other digital assets. Blockchain is a distributed database or ledger. This means that data contained on the blockchain is distributed across many different servers or computers all around the world, therefore making it decentralised. All transactions that are made with Bitcoin are sent to the decentralised network and then ‘mined’ into the Blockchain. Owners of Bitcoins have digital keys which can be unlocked to access and transact the funds within them.

How to buy Bitcoin in New Zealand

Buying Bitcoin is a lot simpler than you may think, even for beginners. The easiest way to buy Bitcoin is through a Bitcoin exchange like Swyftx. Firstly, create an account using your name, email and contact number. Then you’ll be required to verify your account. This is done completely online and you won’t need to submit any documents. Most people complete the verification stage in under 2 minutes. The next step before buying Bitcoin in NZ is to deposit funds into your account. Swyftx supports various payment methods including bank account transfer, PayID, POLi, or credit/card. Once the funds have successfully landed in your account, you can instantly buy Bitcoin and other listed digital currencies.

Why use Swyftx to Buy BTC in New Zealand?

To buy Bitcoin in New Zealand, you will need to create a trading account with a crypto exchange platform that supports Bitcoin, such as Swyftx. When buying Bitcoin in New Zealand, it is important to take note of hidden trading fees and artificial spreads often charged by other cryptocurrency exchanges.

We are transparent and upfront about fees and spreads. Swyftx has access to a network of global liquidity partners and banking partners, meaning we can offer low fees and minimal spreads to those looking to buy Bitcoin. In addition to this, Swyftx is a feature-rich platform that allows you to automate your trading, set recurring orders and set buy and sell limit orders.

Our platform features a fully functional demo mode that allows you to learn the markets and practice trading without any financial risk. If you have any questions or concerns, our dedicated customer support team is on deck to assist. You can get in touch via our online live chat. We aim to deliver our customers a helpful response in under 10 minutes.

Frequently Asked Questions

How do we determine the price of Bitcoin?

The price of Bitcoin listed on the Swyftx exchange is determined by real trading volumes from around the world. When you buy or sell Bitcoin, the price is set depending on the buy or sell price of the most recent trade.

Can I buy Bitcoin with a debit or credit card?

Swyftx supports deposits made by both credit and debit card. Once you have successfully deposited NZD into your account using your credit/debit card, then you can use this to buy BTC and other cryptocurrencies. If you would prefer an alternative payment method, Swyftx also supports deposits made via such as bank transfer, POLi and PayID.

Can I store my Bitcoin on Swyftx?

All units of Bitcoin and other cryptocurrencies are stored in digital wallets. A digital wallet is a software that is required to send, receive and store digital assets. When you sign up to Swyftx, a wallet will already be integrated into your account. When you buy Bitcoin, it will automatically be stored in your Swyftx wallet. Alternatively, you can send your BTC to an external wallet like a mobile wallet or a hardware wallet.

Can I buy a portion of 1 Bitcoin?

Yes, Bitcoin is divisible to 0.00000001, so it is possible to buy a fraction of a BTC. Swyftx allows you to buy as little as $1 of Bitcoin.

How do I sell Bitcoin?

The Swyftx exchange platform allows you to buy and sell Bitcoin and other cryptocurrencies. You may have noticed that the buy and sell prices are different on the assets pages of our website. The selling price of Bitcoin will depend on the agreed selling price in the last trade that occurred on the Swyftx platform. To sell Bitcoin, navigate to the sell tab in your account, select how much Bitcoin you wish to sell and confirm your order.

Why use Swyftx to buy Bitcoin in New Zealand?

How to buy
Bitcoin (BTC)

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Lowest Fees

Swyftx New Zealand has low spreads and low trading fees allowing you to save on costs and maximise your profits.

Instant Verification

Verify your account instantly with our quick and easy document free verification process and buy BTC in minutes.

Secure Accounts

We prioritise security by offering features such as two-factor authentication (2FA) and breached password detection.

want to trial our platform?

Risk free demo mode

Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.

Create a free account

Rated 4.8 out of 5 based on 1960 reviews

Excellent

2521 Reviews

Kane Denney
Swyftx is by far one of the best platforms I've use so far and it doesn't have the down fall of not being able to withdraw if you live in Australia which is great for Australian residents
Wade N
A super easy crypto exchange. The Swyftx app contains everything you need to get trading. From their user friendly Dashboard and overview to the many assets and associated real-time charts even depositing is a super easy process n...
Subin kim
Nice live chat system.
Roger
It took a while to find the right platform that works well with me and spent a lot of time researching different companies also reviewing comments from multiple site - looking at the neg and positives. I'm glad I ended up using Sw...
Jenny
Swyftx is a young trading company. When I first joined there were several things I found offputting and I reviewed them accordingly. The main issue for me was that they converted all AUD deposits to American dollars as soon as th...
Geoff
After having difficulty in transferring an ETH Token from a hard wallet to the Swyft Exchange, I found that Swyft took the time and the energy to look into the matter and, in this case, resolve successfully. Many thanks.
O Yorky
Been using Swiftx for about a year. I have had a fantastic experience on the app, the fees are low, and I love the instant money transfers to bank, and I have had great support from the staff, and have had no security issues. Chee...
Joaquin Lance
I’ve been using swyftx for close to a year now and I love it! The app interface is very powerful and easy to use, they provide outstanding customer service with their live chat feature and have low fees. They have the same char...
Baller
Great customer service & an Australian business/exchange for crypto feels more safe than dealing with an overseas company. Has simple & easy process for downloading reports to give to the taxman. Also the 30% referral code you can...
Grant Matterson
I have only been using Swyftx for a few months now, however I am so confident in their service they provide, I have moved my SMSF to them. They are looking after me very well! Thanks Grant

OUR TOP FEATURES

Why choose Swyftx?

AUD Deposit and Withdrawals

Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi

Recurring Orders

Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.

Stop, Limit & Market Orders

Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.

Advanced 2FA & Password Security

Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.

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