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How to buy Vertcoin (VTC) in New Zealand

Learn how to buy Vertcoin (VTC) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

How to buy Vertcoin

1. Compare crypto exchanges

The easiest way to buy Vertcoin is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – bank transfer, credit card, cryptocurrency and debit card payments are widely accepted.

4. Buy Vertcoin

You can now exchange your funds for Vertcoin. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Vertcoin to your personal wallet.

Where to buy Vertcoin in New Zealand

Find an exchange to buy, sell and trade VTC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bittrex Global
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

288
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
ShapeShift Cryptocurrency Exchange
ShapeShift Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Banxa
-

50
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
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Compare up to 4 providers

Steps on how to buy Vertcoin

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Vertcoin.

  1. Compare cryptocurrency exchanges that supports VTC.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Vertcoin.
  4. Buy Vertcoin.
    Complete your Vertcoin purchase and then find the best wallet to store VTC.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying Vertcoin

Cryptocurrency is a highly volatile and speculative asset, and there’s a lot to consider before you decide to add some to your portfolio. In the case of VTC, here are some things you should know:

  • Decentralisation: Vertcoin’s primary goal is to tackle the issue with Proof-of-Work blockchains such as Bitcoin and Litecoin that has led to specially-designed mining businesses controlling the cryptocurrency’s wealth distribution. Vertcoin allows those with over-the-counter GPUs to participate in validating blocks and earning VTC, however the coin is not still not fully decentralised. At times, upwards of 70% of VTC was owned by less than 1% of token holders, and the top 10 wallet addresses regularly hold over 30% of VTC’s circulating supply.
  • Competition: Vertcoin is just one of many blockchain projects attempting to produce ASIC-resisting mining solutions. Ravencoin, Monero and Ethereum Classic are three such examples, and it is worth examining these coins to see how they compare to VTC.
  • Token use-case: Vertcoin has been around for a while – since 2014 – and behaves very much like a traditional cryptocurrency. It is very similar in its potential uses to coins like BTC and LTC, which it is typically compared to. However, it can be argued that Vertcoin is a more viable option as a medium of exchange due to its much lower price, which may impact the cryptocurrency’s demand and adoption going forward.

How to sell Vertcoin

You can cash out your VTC with the same exchange you bought it through:

  1. Sign in to the exchange you have VTC on.
    If you store your Vertcoin in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of VTC you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Vertcoin.

Disclaimer: Cryptocurrencies, including Vertcoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of VTC 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 Vertcoin or any other cryptocurrency discussed.

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