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8 best crypto exchanges in New Zealand for 2024

Find the best crypto trading platform or app for low fees, beginners, trading features and more.

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Each year, we conduct an extensive review of the crypto exchanges and trading platforms available in New Zealand. To arrive at these picks, we evaluated more than 25 platforms on user experience, fees, payment methods, selection of coins and more.

When deciding on the best crypto trading platform for your needs, think about what you plan on using it for. It’s quite common to use multiple exchanges to benefit from their different areas of specialty, like using one for its range of coins and another for access to NFTs or crypto staking services.

Read more about our “best for” selections below for a helpful head start.

Finder’s best crypto exchanges in NZ for 2024

1. Swyftx – Best crypto exchange

Swyftx Cryptocurrency Exchange

★★★★★
Finder score
310
Supported cryptos
3
Fiat currencies
Receive $10 BTC on sign-up and verification. T&Cs apply.

Swyftx accommodates beginner investors, advanced traders, yield earners and those looking to learn more about cryptocurrencies and blockchain technology. It's this variety of features that helped Swyftx take the 2022 Finder Award for Best Crypto Exchange in NZ.

Investing in crypto with Swyftx is simple. After setting up your account, you can start trading your favourite coins and tokens. There are more than 300 popular cryptos to choose from, each with a detailed guide on the crypto as well as website and social media links for the project.

Swyftx also provides charting tools to help visualise the market through price changes, market cap and rankings. If you're unfamiliar with charting and indicators or would like a deeper dive into the technology behind your investment, Swyftx has you covered. Swyftx Learn offers an abundance of useful resources and articles available — there are even quizzes to test your knowledge.

With Swyftx, you'll get 24/7 customer support as well as top-tier security features and compliance with the Financial Market Authority's (FMA) registration requirements. Swyftx Cryptocurrency Exchange markets interface

Pros
  • Mobile app and web browser-enabled
  • Supports 300+ popular coins and tokens
  • Earn APY on selected cryptos
  • Get a free demo trading account
  • Access educational tools through Swyftx Learn
Cons
  • Lower liquidity than some global competitors
  • Higher fees than some global competitors
  • NZD$10 processing fee for withdrawals
  • No derivatives trading
Fees and deposit methods Bank transfer,Credit card,Cryptocurrency,Debit card,POLi,PayID
Deposit fees Up to 4% (Banxa processing fee)
Withdrawal fees NZD withdrawals: $10 NZD
Minimum withdrawal $11 NZD
Cryptocurrency: None
Trading fees 0.6%

2. Easy Crypto – Best crypto broker

Easy Crypto

★★★★★
Finder score
133
Supported cryptos
1
Fiat currency

Easy Crypto is a popular choice for Kiwis looking for a simple way to instantly purchase crypto. Its beginner-friendly approach to crypto investing has earned it the 2022 Finder Award for Best Crypto Broker in New Zealand.

To get started with Easy Crypto, simply create an account via email or social media and verify your information for the standard Know Your Customer (KYC) process. Once your account is set up and funded, you can instantly swap NZ dollars for cryptocurrency using the quick buy/sell feature.

Popular cryptos and top gainers are displayed in a priority block, helping you to discover potential market movers at a glance. And, if you ever need help, you can get in touch with Easy Crypto's local customer support team.

Once you've made some swaps, you can check your trading history, view your profits/losses report via the portfolio dashboard and generate a tax summary for EOFY reporting. Easy Crypto markets interface

Pros
  • 150+ coins supported
  • Supports auto-buy orders
  • Learn as you go through the educational hub
  • Generate simple tax summaries
  • NZ-based customer support
Cons
  • Popular trading pairs like USDT and other stablecoins not available
  • No staking or earning features available
  • Limited to just simple coin and fiat swaps – no advanced features
Fees and deposit methods Bank transfer,Credit card,Debit card,POLi,Account2Account
Deposit fees None
Withdrawal fees None
Trading fees 0.5-1.8%

3. Independent Reserve – Best exchange for beginners

Independent Reserve Exchange

★★★★★
Finder score
30
Supported cryptos
4
Fiat currencies

Independent Reserve, another Australian-founded crypto exchange, offers a suite of simple-to-use features for crypto newcomers, cementing its place as a top choice for beginner investors.

Key features of the Independent Reserve platform include its simple sign-up process, beginner-friendly user interface and one-click crypto purchases.

Once signed up, you're able to purchase dozens of cryptos in NZ dollars using SWIFT or PayID and other NPP options if you've got an Australian bank account.

Independent Reserve's security track record is particularly noteworthy — it's one of only a handful of exchanges to achieve ISO 27001 certification. More than 97% of user funds are held safely offline in cold storage, it conducts regular penetration testing and offers bug bounties – all to help ensure the safety of cryptocurrencies held on the exchange. Independent Reserve Exchange markets interface

Pros
  • Mobile app and web browser-enabled
  • 30 supported coins
  • Competitive trading fees
  • 24/7 customer support
  • Built-in crypto wallet
Cons
  • Fewer coins than some competitors
  • No earn or staking features
  • Deposits under NZD$5,000 incur a NZD$15 processing fee
  • NZD$20 fee for withdrawals
Fees and deposit methods Cryptocurrency,Osko,PayID,EFT,SWIFT
Deposit fees Cryptocurrency: Free
None for deposits over NZ$5,000 equivalent
$15 for deposits under NZ$5,000 equivalent
Assisted transfer fee: $20
Withdrawal fees NZD withdrawals: $20
Cryptocurrency: Fees vary
Assisted transfer fee: $20
Trading fees 0.02-0.5%

4. Binance – Best exchange for value

Binance Cryptocurrency Exchange

★★★★★
Finder score
369
Supported cryptos
34
Fiat currencies
Get a 10% discount on fees when you sign up through Finder. T&Cs apply.

High trading fees and slippage can be costly for active traders. Binance offers low-fee trades and deep liquidity, making it our standout crypto exchange for value.

While many smaller exchanges offer a fixed rate maker/taker fee across all trading pairs, Binance's trading fees are based on a tiered structure. Spot market fees start at Regular User rates of 0.100% and decrease incrementally based on VIP status. VIP status is dictated by monthly trading volume and BNB balance.

If you have traded on smaller, less liquid exchanges, you may have fallen victim to slippage – when you buy/sell at market price only to realise your order was filled at a less favourable price. Thanks to Binance's enormous global userbase, there are plenty of orders at any given time, giving you precise control over your trades and keeping fees low.

By paying fees in Binance Coin (BNB), traders are eligible for an additional 25% discount on spot trading and 10% off futures trading. Binance Cryptocurrency Exchange markets interface

Pros
  • Competitive fees
  • Deep liquidity and high volume
  • 350+ cryptocurrencies to choose from
  • 25% discount on trading fees when paying with BNB
  • Mobile app and web browser
  • Zero-fee trading for Bitcoin and Ethereum spot market pairs
Cons
  • High monthly trading volume and BNB balance required to achieve increased VIP status
  • Less beginner-friendly than some local exchanges
Fees and deposit methods Bank transfer,Credit card,Cryptocurrency,Debit card,Apple Pay,Google Pay
Deposit fees None
Withdrawal fees Cryptocurrency: Fees vary
Card: 1.90%
Trading fees Maker: 0.02 - 0.10%
Taker: 0.04 - 0.10%
Advanced Trading Features Yes

5. Swyftx – Best crypto app

Swyftx Cryptocurrency Exchange

★★★★★
Finder score
310
Supported cryptos
3
Fiat currencies
Receive $10 BTC on sign-up and verification. T&Cs apply.

Swyftx is our pick for the best crypto app due to its simple interface and mobile-friendly functionality.

The Swyftx mobile app offers a comprehensive user experience with all the same features supported on the desktop exchange.

Once you've signed up for Swyftx and completed the KYC verification process, you're ready to start investing, trading and earning on the go.

The mobile app is available for download via the App Store or Google Play. You can quickly view your assets and earning history, watch the market and even place trades.

Local Australian customer support and low fees are also part of the Swyftx mobile trading experience. Swyftx Cryptocurrency Exchange markets interface

Pros
  • Simplified dashboard – quickly view your assets and their performance
  • Over 300 cryptos available to buy, sell and trade
  • Swyftx paper trading – test setups and strategies on the go
Cons
  • Mobile charting is less comprehensive than some competitor apps
  • Order types are limited to market buy and sells
  • Beginner-oriented UX – advanced traders may prefer a tier-1 global exchange
Fees and deposit methods Bank transfer,Credit card,Cryptocurrency,Debit card,POLi,PayID
Deposit fees Up to 4% (Banxa processing fee)
Withdrawal fees NZD withdrawals: $10 NZD
Minimum withdrawal $11 NZD
Cryptocurrency: None
Trading fees 0.6%

6. Binance – Best exchange for altcoins

Binance Cryptocurrency Exchange

★★★★★
Finder score
369
Supported cryptos
34
Fiat currencies
Get a 10% discount on fees when you sign up through Finder. T&Cs apply.

Binance has one of the largest lists of cryptocurrencies available to Kiwis. It offers markets for more than 350 cryptocurrencies and 1000+ trading pairs.

Binance is constantly expanding its offerings, with new trading pairs and cryptocurrencies often listed weekly. Investors looking for exotic, low-cap coins and tokens will likely find what they need on Binance.

Binance also has a unique 'Fan Token' platform for fans of Formula 1 and soccer. Investors can buy tokens for a specific club and receive benefits such as exclusive NFTs, badges and fan experiences. Binance Cryptocurrency Exchange markets interface

Pros
  • Huge range of altcoins available for buying, selling, trading and earning
  • Low spot market fees – 0.1% or less
  • Access to unique offerings such as fan tokens and NFTs
Cons
  • High fees for debit and credit card purchases
  • Not every coin is supported in Binance's earning hub
  • Earn rates are tiered and can quickly decrease
  • Less beginner-friendly than some alternatives
Fees and deposit methods Bank transfer,Credit card,Cryptocurrency,Debit card,Apple Pay,Google Pay
Deposit fees None
Withdrawal fees Cryptocurrency: Fees vary
Card: 1.90%
Trading fees Maker: 0.02 - 0.10%
Taker: 0.04 - 0.10%
Advanced Trading Features Yes

7. Nexo – Best for earning returns

Nexo Cryptocurrency Exchange

Nexo Cryptocurrency Exchange

69
Supported cryptos
3
Fiat currencies

Nexo's earn platform allows investors to earn yield on a wide variety of digital assets.

Yield rates compound daily, with the option to lock up cryptos over a fixed or variable term deposit. The Nexo platform features a crypto yield calculator to estimate returns over specific periods and help optimise your investment strategies.

Although advertised yield rates are high, they can vary depending on the crypto you choose to lend and how you receive your returns.

Customers who opt to receive rewards in the platform's native token, NEXO, are incentivised via higher return rates. Always use the yield earning calculator to better understand your rates and APR before making any deposits.

Nexo's earn platform uses an over-collateralised lending model. This means that borrowers have to deposit a greater value of assets than they are borrowing. So for instance, for every $1 they deposit they can only borrow 50 cents. This reduces the risk for lenders as well as for the platform.

Nexo also offers an insurance policy through partnerships with BitGo, Ledger Vault, Bakkt and other custodians who are backed by Lloyd's of London. Nexo Cryptocurrency Exchange markets interface

Pros
  • Beginner-friendly platform with consistently competitive APYs
  • Earn yield on fiat deposits as well as crypto
  • Industry-leading security standards and insurance policies
  • Offers exchange services and a debit card for spending crypto
Cons
  • Must hold a percentage of portfolio in NEXO to receive highest APY
  • Less yield-earning cryptos than some competitors
Fees and deposit methods Bank transfer,Cryptocurrency,Wire transfer,Credit or Debit Card
Deposit fees None
Withdrawal fees None
Trading fees Maker: 0-0.3%
Taker: 0.06-0.4%

8. Crypto.com – Best exchange for NFTs

Crypto.com App

★★★★★
Finder score
270
Supported cryptos
31
Fiat currencies

Crypto.com was our pick for the best NFT exchange because it makes buying NFTs simple. You can connect your existing Crypto.com account via the web browser or through the mobile app.

Once connected, you can start trading NFTs right away. You can browse popular collections and upcoming drops and even read about the content creator and their inspiration behind the piece. You can also register as a creator and mint your own NFTs directly to the Crypto.com native blockchain, Cronos.

All NFTs on Crypto.com are verified. This means that scams and fake NFTs are a lot less common than on other platforms. Crypto.com features digital collections from large and reputable brands including Aston Martin and Paris Saint-Germain.

Depending on the listing type, you can submit a bid at auction or purchase NFTs at a fixed sale price. Email subscription is also supported – you can opt to receive a notification anytime there's an upcoming drop. Crypto.com App markets interface

Pros
  • Verified NFT artists and collections
  • NFTs minted on the Crypto.com native blockchain
  • Purchase NFTS with crypto or fiat
  • Mobile and web browser compatible
Cons
  • Does not support NFTS on all blockchains
  • Fewer NFTs collections than competitor NFT platforms
  • Payouts must be requested and approved before receiving sale funds to your Crypto.com wallet
Fees and deposit methods Bank transfer,Credit card,Cryptocurrency,Debit card,Apple Pay,Google Pay
Deposit fees None
Withdrawal fees Cryptocurrency: Fees vary
Trading fees Maker: 0.00-0.75%
Taker: 0.05-0.75%

Why you can trust Finder's crypto experts

free

We're free

Our comparison tables are completely free to use. We link you directly to the platform's secure sign-up page and we'll never ask you for personal details. Better still, we regularly have exclusive offers that you won't find anywhere else.
expert advice

We're experts

We've researched and rated dozens of exchanges as part of our Finder Crypto Trading Platform Awards. We've published hundreds of guides and our in-house experts are regularly called upon for commentary in Nasdaq and The Street.
independent

We're independent

Unlike other crypto media, we're not owned by an exchange or investment firm. Our opinions are our own and we put our readers first to help you find the crypto trading product that's right for you.
help

We're here to help

We're a team of crypto nerds with extensive experience in investing, trading and decentralised finance but we also remember how it feels to be a beginner. We give you first-hand reviews of what it's like to use these products – without jargon.

How to choose the best crypto exchange in New Zealand

It's important to research a wide range of crypto platforms and compare the pros and cons of each option. The best crypto exchange for you depends on what you're looking for, so consider the following:

Using FMA-registered exchanges to buy cryptocurrency

There are plenty of places to buy crypto, including platforms founded here in New Zealand or based in locations all around the world. Exchanges headquartered locally are required to register with the FMA and comply with requirements that don't apply to global platforms. Depending on your goals, this may have some benefits or drawbacks.

Pros
  • New Zealand-based exchanges must comply with the FMA's Anti-money Laundering (AML) and Counter-terrorism Financing (CTF) reporting obligations.
  • You can usually buy crypto with NZD.
  • Exchanges in New Zealand typically support local payment methods.
  • You may be able to access local customer support.
  • Subject to local laws.
Cons
  • You'll need to provide your personal details and proof of ID – a disadvantage if you want to trade anonymously.
  • Overseas trading platforms may provide better liquidity.
  • NZD-to-crypto prices are sometimes slightly higher than USD-to-crypto prices, meaning you sometimes pay a premium for buying directly with New Zealand dollars.
  • Some features are simply not available on FMA-registered exchanges. For example, margin trading, DeFi features and some altcoins.

Compare more crypto trading platforms and apps in New Zealand

Use the table to compare crypto exchanges and platforms on fees, range of cryptos, deposit methods and more. Once you've found the right fit, select Go to site to get started.
1 - 10 of 16
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer Link
Binance Cryptocurrency Exchange
4.8★★★★★(1987)
Finder Award
EXCLUSIVE
Binance Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

369
cryptocurrencies

Get a 10% discount on fees when you sign up through Finder. T&Cs apply.

Capital at risk

View details
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP

279
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.

Capital at risk

View details
Easy Crypto
Easy Crypto
Bank transfer, Credit card, Debit card, POLi, Account2Account
NZD

133
cryptocurrencies

Capital at risk

View details
OFFER
OKX Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP

340
cryptocurrencies

Refer a friend to win a mystery box worth up to US$10,000. T&Cs apply.

Capital at risk

View details
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay
USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

221
cryptocurrencies

Capital at risk

View details
Swyftx Cryptocurrency Exchange
EXCLUSIVE
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, POLi, PayID
NZD, AUD, USD

310
cryptocurrencies

Receive $10 BTC on sign-up and verification. T&Cs apply.

Capital at risk

View details
Independent Reserve Exchange
4.1★★★★★(19)
Independent Reserve Exchange
Cryptocurrency, Osko, PayID, EFT, SWIFT
AUD, NZD, USD, SGD

30
cryptocurrencies

Capital at risk

View details
OFFER
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

742
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.

Capital at risk

View details
Exclusive
EXCLUSIVE
Gate.io Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1607
cryptocurrencies

New users get US$90 worth of Gate.IO points and an airdrop of US$5 in GateTokens if trade volume exceeds US$100 in their first week. T&Cs apply.

Capital at risk

View details
Coinmama Cryptocurrency Marketplace
Coinmama Cryptocurrency Marketplace
Bank transfer, Credit card, Debit card
USD, EUR, AUD, CAD, GBP, JPY

18
cryptocurrencies

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How to use a cryptocurrency exchange

For the sake of our example, let's assume that you have $500 that you want to use to buy Bitcoin (BTC).

  1. Compare cryptocurrency exchanges to find one that offers the right service for you.
  2. Register for an account on the platform and provide any personal details and proof of ID required.
  3. Navigate your way to the "Buy" screen.
  4. Select BTC as the cryptocurrency you want to buy.
  5. Select your payment currency, which in this case is NZD, and specify the amount you want to spend as $500.
  6. Select your payment method, such as a credit card payment or bank transfer.
  7. Enter your payment details, such as your account number if sending a bank transfer or your card number and CVV if paying by credit card.
  8. Review the full details of your transaction, including the fees that will apply and the amount of BTC you are purchasing.
  9. If you're happy to proceed, click "Buy BTC".
  10. Once the transaction has been processed, the BTC will be deposited into your exchange wallet. However, please note that some brokers will automatically send your purchased BTC to an external wallet address that you nominate.

How to pay for your cryptocurrency in New Zealand

Crypto exchanges in New Zealand support a range of deposit methods, including the following:

  • Peer-to-peer (P2P) payments
  • Neteller, Skrill and other online payment services
  • POLi
  • Account2Account (A2A)
  • PayID, Osko and other NPP payments to Australian bank accounts

Accepted payment methods vary between exchanges. Prior to signing up, it's worth checking that your preferred payment method is supported.

The different types of cryptocurrency exchanges

The term "exchange" may refer to a variety of cryptocurrency brokers, trading platforms and other services. Different types of exchange are often more geared toward beginners or experienced users.

  • Cryptocurrency brokers (suited to beginners). Buy directly from cryptocurrency dealers for simple and quick purchases. Many beginners use brokers for their first purchase. A broker will facilitate an instant purchase of the digital asset of your choosing and will not offer spot trading.
  • Cryptocurrency trading platforms (suited to beginner/intermediate users). Buy and sell cryptocurrency on an open market for competitive fees, a wide selection of cryptocurrencies and optional features like margin trading. Many exchanges now offer brokerage services to be more beginner-friendly.
  • Cryptocurrency derivatives platforms (suited to advanced users). These trading platforms don't sell cryptocurrency outright. Instead, they let certain users trade cryptocurrency derivatives in regions where this restricted-access feature is available. They're for advanced traders who want high speed, high leverage and deeply liquid platforms with a full range of features.

Risks of using a crypto exchange

  • Cybersecurity breaches. Hacks and scams are, unfortunately, commonplace in the crypto space. Exchange-related security breaches and targeted phishing scams remain a major concern for exchanges and their customers.
  • Not your keys. "Not your keys, not your crypto" is a common industry saying and refers to holding your digital assets in a wallet that another person or company controls, such as on an exchange. By storing cryptos on an exchange rather than in a non-custodial wallet, you're relinquishing full ownership of those assets and putting trust in a third party – which some may see as contradictory to the decentralised philosophy of crypto.
  • Lack of consumer protection. While crypto exchanges are increasingly regulated in New Zealand and may be registered with the FMA, they are still lacking a lot of consumer protections such as mandatory insurance or strict rules about how user assets are managed.
  • Proof of reserves. Since the widely publicised collapse of FTX, many traders and investors have demanded centralised exchanges provide proof of reserves and user deposits. This may be done by a third-party auditor or through the use of on-chain data. Proof of reserves is still an evolving concept, and it's not clear yet what the best practices are or how reliable it will prove to be.
  • Transaction limits. Most crypto trading platforms have daily deposit and withdrawal limits. This means that even though you may have, for example, 10,000 NZD available, you may not be able to access and withdraw the total balance. Transaction limits depend on the exchange and the FMA stipulations and typically increase as you provide additional KYC information.
  • Frozen accounts. Crypto exchanges freezing deposits and withdrawals can happen without warning. If your account is frozen, you will not be allowed to remove your funds until the exchange approves or denies your request. Precautionary measures such as only holding a trading balance on an exchange are recommended.
  • Asset delistings. Centralised exchanges can opt to delist a cryptocurrency at any time. This can happen for numerous reasons, including poor asset performance, security concerns or anti-money laundering (AML) breaches. If delisting is taking place, you will be notified by the exchange and forced to sell your assets or remove them from the platform.

Is it safe to store your cryptocurrency on an exchange?

Securely store your crypto:

Cryptocurrency is held in digital wallets. Some exchanges will give you your own wallet that lets you hold cryptocurrency in your exchange account and then transfer it anywhere as desired.

However, once you have purchased what you consider to be a sizable amount of digital assets, you may want to consider transferring the private keys to those assets to a self-custodial wallet.

This is because the exchange controls the private key to your wallet, which means you don't have total control of your funds. And with exchanges sometimes falling victim to hackers, there is some degree of risk involved with leaving the private keys to your crypto in the hands of a centralised exchange.

Learn more about cryptocurrency wallets

2023 crypto exchange industry predictions report

We polled 56 specialists in the fintech industry to get their opinion on what the future looks like for centralised crypto exchanges and what the demise of FTX means for the crypto industry.

The vast majority of our panellists (83.93%) don't think the collapse of FTX was the beginning of the end for crypto, while 8.93% think it was and 7.14% are unsure.

However, because of the FTX collapse, more than half of our panellists (58.49%) believe that crypto exchanges should be regulated just as much as other financial trading platforms.

22.64% believe that crypto exchanges should be regulated, but less so than other financial trading platforms. 15.09% don't believe that crypto exchanges should be regulated to the same degree.

Over one-third of our panellists (35.19%) believe all crypto exchanges will be regulated as traditional financial institutions by 2030. A further 22.22% believe this will happen by 2025 and another 14.81% think it will happen by 2024.

In the future, the majority of our panellists (86.79%) feel that crypto exchanges should be required to disclose both their proof of reserves (PoR) and records of their liabilities.

42.31% think that more crypto exchanges will face bankruptcy as a result of a reduction in their customer base. 15.38% believe this will play out over the next 5 years while a quarter (26.92%) think it'll happen within the year.

Bottom line

Not all crypto exchanges are created equal and not all crypto buyers and sellers have the same trading needs. The best exchange or platform for one person might not necessarily be the right choice for someone else, so it's essential to do your own research.

Read our reviews of some of the most popular cryptocurrency exchanges in New Zealand and around the world before you decide which to use. Compare the features, fees and pros and cons of each platform and consider whether they align with your investment goals and budget.

FAQs

Methodology

To evaluate our 2024 picks for the best crypto exchanges in New Zealand, we compared trading platforms on a range of criteria, including the following:

  • Supported assets. Does the platform offer a good breadth of coins, tokens and NFTs?
  • Payment methods. What account funding options are available? Does the exchange accept bank transfers, credit and debit cards or crypto-only transfers?
  • Fees. What trading fees, withdrawal fees and other miscellaneous charges are levied by the exchange, and are these rates comparable with competitor exchanges?
  • User experience. Is the platform simple to use for both beginners and advanced crypto traders?
  • Platform features. What tools, charts and functionalities are available on the exchange? Is there support for advanced trading features such as derivatives or hedging?
  • Security. What measures are taken by the exchange to protect its customers' assets and prevent theft or loss? Are additional security features in place, including 2-factor authentication (2FA), cold storage of assets, regular audits and insurance coverage?
  • Regulator registration. Is the platform registered with the Financial Markets Authority?
  • Customer support. How do existing users rate the exchange's customer support? Does the exchange offer various methods of contact, such as email, instant chat, phone or social media?
Read our full trading platform rating methodology

Finder's crypto exchange reviews

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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