The Best Crypto Exchanges in NZ

Last Updated on August 28, 2020

Finding a trusted cryptocurrency exchange is one of the first steps of getting involved with the industry, so which exchange should you use?

Well, in New Zealand there is really only one clear winner. It’s important to look at location, currency, available cryptocurrencies and the fees.

Luckily, we’ve done all the research for you! You can view our in-depth comparisons and reviews of each exchange below.

Our rating is based on factors such as ease of use, fees, trading features and support.

Featured On

featured on logos

Website Overall Rating Location & Currency Available Cryptocurrencies Fees Our Review Visit Site
Independent Reserve Logo
independentreserve.com
5 / 5
Australia/NZ

  • AUD
  • USD
  • NZD
  • Bitcoin
  • Ethereum
  • Ripple
  • 13 cryptocurrencies in total
0.5% Independent Reserve Review Visit Site
Swyftx Logo
swyftx.com.au
3 / 5
Australia

  • AUD
  • Bitcoin
  • Ethereum
  • 70+ Cryptocurrencies
  • Adding more regularly
0.6% Swyftx Review Visit Site
Binance logo
binance.com
3 / 5
China

  • Only Crypto
  • Bitcoin
  • Ethereum
  • Ripple
  • 120+ Cryptocurrencies
0.1% Binance Review Visit Site
eToro logo
etoro.com
2.5 / 5
Europe

  • GBP
  • USD
  • Bitcoin
  • Ethereum
  • Ripple
  • 3 others
Daily Fees eToro Review Visit Site
Coinbase logo
coinbase.com
2.5 / 5
United States

  • USD
  • Bitcoin
  • Ethereum
  • Litecoin
4% Coinbase Review Visit Site
Bittrex logo
bittrex.com
2.5 / 5
United States

  • USD
  • Bitcoin
  • Ethereum
  • Ripple
  • 190+ Cryptocurrencies
0.5% Visit Site
Coinmama logo
coinmama.com
2 / 5
Slovakia

  • USD
  • EUR
  • Bitcoin
  • Ethereum
  • 5 others
6% Visit Site
Kraken logo
kraken.com
2 / 5
United States

  • USD
  • GBP
  • EUR
  • Bitcoin
  • Ethereum
  • 20+ Cryptocurrencies
0.26% Visit Site
Kucoin logo
kucoin.com
2 / 5
Hong Kong

  • USD
  • Bitcoin
  • Ethereum
  • 150+ Cryptocurrencies
0.1% Visit Site

We hope this detailed list has helped clarify which we believe are the preferred exchanges to use in Australia.

Our suggestion would be to pick one exchange which works for you and stick with it, it will make your life much easier. The alternative would be keeping cryptocurrencies on different exchanges which is hard to keep track of.

If you still aren’t sure which Australian cryptocurrency exchange will work best for you, see our below detailed breakdowns for our recommended exchanges to help you make a more informed decision. Find out more information on our rating process.


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James
Crypto Head

Disclaimer: We may receive a commission for purchases made through the links on our site. However, this does not impact our reviews and comparisons. Learn more about our Affiliate Disclosure.

Best Cryptocurrency Exchanges in New Zealand: Reviews 2020

Independent Reserve logo

5 / 5

1. Independent Reserve Exchange

Independent Reserve is mainly an Australian exchange but it is one of the few that accepts NZD. They platform isn’t best on offer but it’s definitely good enough to buy some BTC or some other cryptocurrency you’re interested in. We wouldn’t recommend it for long-term trading. Currently Swyftx, our position 2 is building out functionality in New Zealand, but for now Independent Reserve is the best exchange.

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3 / 5

2. Swyftx Exchange

  • Website: swyftx.com.au
  • Country: Australia
  • Currency: AUD
  • Fees: 0.6%
  • Available Cryptocurrencies: 70+ Cryptocurrencies & adding more regularly

Swyftx is an exchange that is predominantly based in Australia. Swyftx currently doesn’t operate in NZ but they are looking at expanding there soon. Their platform is excellent and they are constantly making it better. Their online wallet makes things incredibly easy and they have the lowest fees. Swyftx makes the whole process of buying a cryptocurrency incredibly painless, and if you ever have any issues their support team is great. Swyftx allows you to quickly and easily swap/trade & sell cryptocurrency compared to other exchanges.
Other exchanges often require you to move your cryptocurrency to a separate online wallet for safety reasons but you can sleep easy knowing your crypto is safe on Swyftx. Their team goes out of their way to make sure you are comfortable and if you have any questions they’ll happily help. When you sign up you’ll be assigned an account manager who will help you out along the way. This means that the exchange is perfect for new users, but also great for experienced users due to it’s low fees.

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Binance logo

3 / 5

3. Binance Exchange

  • Website: www.binance.com
  • Country: China
  • Currency: USD
  • Fees: 0.1%
  • Available Cryptocurrencies: 120+ Cryptocurrencies

Binance is the most used global exchange, if you feel comfortable using an exchange that doesn’t deal with fiat money (NZD/AUD/USD etc) then this is a good option. You can only trade cryptocurrencies on this exchange so you would have to buy it elsewhere then send it to Binance. It’s a little more complex but the fees are much better which makes long term trading easier. This isn’t recommended for beginner users.

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eToro logo

2.5 / 5

4. eToro Exchange

  • Website: www.etoro.com
  • Country: Europe
  • Currency: GBP, USD
  • Fees: Daily Fees
  • Available Cryptocurrencies: Bitcoin, Ethereum, Ripple & 3 more.

eToro is a large global brokerage that allows you to do a lot more traditional trading and investing strategies. For people who are comfortable with stocks and shares this might be a good option, however their international support is terrible which is why we wouldn’t recommend them. Their platform is really complex and definitely won’t be suitable for new users.

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Coinbase logo

2.5 / 5

5. Coinbase Exchange

  • Website: www.coinbase.com
  • Country: United States
  • Currency: USD
  • Fees: 4%
  • Available Cryptocurrencies: Bitcoin, Ethereum & Litecoin

Coinbase is huge in the USA but offers very few cryptocurrencies and has huge fees. It would definitely be advised to steer clear of this exchange, they’ve also had problems in the past where people can’t withdraw their funds.

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Bittrex logo

2.5 / 5

6. BitTrex Exchange

  • Website: bittrex.com
  • Country: United States
  • Currency: USD
  • Fees: 0.25%
  • Available Cryptocurrencies: 190+ Coins

Coinmama logo

2 / 5

7. CoinMama Exchange

  • Website: www.coinmama.com
  • Country: Slovakia
  • Currency: USD & EUR
  • Fees: 6%
  • Available Cryptocurrencies: Bitcoin, Ethereum, Ethereum Classic, BitcoinCash, Litecoin, Cardano, Qtum

Kraken logo

2 / 5

8. Kraken Exchange

  • Website: www.kraken.com
  • Country: United States
  • Currency: USD, GBP & EUR
  • Fees: 0.26%
  • Available Cryptocurrencies: Bitcoin, Ethereum, BitcoinCash + 14 others

Kucoin logo

2 / 5

9. Kucoin Exchange

  • Website: www.kucoin.com
  • Country: Hong Kong
  • Currency: USD
  • Fees: 0.1%
  • Available Cryptocurrencies: 150+ Cryptocurrencies

Bitfinex logo

1.5 / 5

10. Bitfinex Exchange

  • Website: www.bitfinex.com
  • Country: Taiwan
  • Currency: USD
  • Fees: 0.2%
  • Available Cryptocurrencies: 20+ Cryptocurrencies

Reviewing the best crypto exchanges in New Zealand: Why we do it!

We originally started Crypto Head to help people make informed decisions in the world of cryptocurrency. It can be very confronting starting off as there are technical barriers to overcome, our goal is to layout information clearly and concisely so you can make decisions.

We highly recommend doing more of your own in-depth research and take our resources as a starting point. We’ve helped a lot of people over the years and are proud to keep offering an up to date resource for people in NZ.

Disclaimer: Digital currencies and cryptocurrencies are volatile and can involve a lot of risk. Their prices and performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.