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Buy NZDD (NZD)

NZDD

24H Change
24H Volume
Global Rank
#0
Market Cap

New Zealand Digital Dollar Price

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About New Zealand Digital Dollar (NZDD)

NZDD is a stablecoin designed to unlock a more secure and transparent digital future. Every NZDD token represents the value of one NZD, is backed 1-to-1 by New Zealand Dollars (NZD) and is issued by ECDD Holdings Ltd. Each NZDD cryptocurrency is redeemable for NZD cash collateral held in a bare trust at a local New Zealand Bank.

NZDD was incepted by the founders of Easy Crypto, Janine and Alan Grainger. Their vision was to create a more secure and transparent financial ecosystem for New Zealand.

Today, through various partnerships, NZDD is utilised as one of the payment methods in New Zealand. The reserve of cash that backs the value of each token is accounted for with monthly aduits, enforcing its reliability as a store of value that is fully compliant with NZ financial regulations.

Where to buy NZDD?

There are various ways to buy NZDD with NZD, another crypto asset or another fiat currency. You can do this by directly buying NZDD (NZDD) from a person, buying through a decentralised or centralised exchange that supports it, or through Swyftx.

Swyftx allows you to buy NZDD using NZD directly, while also supporting low fees, spreads and a range of other assets available to trade.



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How to Buy New Zealand Digital Dollar (NZDD) in New Zealand

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  2. Verify your account
  3. Deposit NZD instantly
  4. Buy NZDD

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New Zealand Digital Dollar FAQs

  • New Zealand Digital Dollar FAQs
  • Swyftx FAQs

Where is the best place to buy New Zealand Digital Dollar?

The best place to buy New Zealand Digital Dollar is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade New Zealand Digital Dollar 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 New Zealand Digital Dollar determined?

The price of New Zealand Digital Dollar is determined by the forces of supply and demand in the market. Similar to other assets, the price of New Zealand Digital Dollar 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 New Zealand Digital Dollar are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy New Zealand Digital Dollar with credit card?

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

NZDD Buys and Sells

By number of orders

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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.