How to Buy Cryptocurrency in NZ - 2025 Guide

NZ based crypto retailers like Easy Crypto NZ are the most popular way for kiwis to get their hands on Bitcoin, Ethereum, and 110+ other coins in NZ.

Cryptocurrency retailers are non-custodial brokerage services that source cryptocurrencies from various exchanges and sell them directly to the customer at a small fee. (Standard retailer fee is between 0.5% – 2.5%). They essentially act as middlemen, sourcing coins from many different exchanges at the lowest rates possible to stay competitive. The key benefits of buying crypto in NZ through a local retailer include having access to local customer support and reputation.

NZ Crypto exchanges like Binance and Kiwi Coin are live exchanges where you can buy, sell, and exchange crypto with other traders in real time.

Exchanges are typically custodial, meaning in order to use the exchange you must deposit your crypto / NZD / USD into an account within your exchange. This differs from crypto retailers like Easy Crypto NZ who are almost always non-custodial. (They never hold your coins / orders sent directly to your personal wallet.) Crypto exchanges come with both benefits and drawbacks, as there's potential to save considerable value that would otherwise be spent on gas fees.

However, exchanges also pose considerable risks. There's a saying that goes "not your keys, not your coins', referring to the importance of being in control of the private keys associated with your funds. Ultimately, the person with the private keys controls what happens with the crypto, so if you are not the person holding them, you are entrusting a third party to hold your coins. This poses risk as exchanges can be hacked – such as the FTX, Cryptopia, and Mt Gox hacks.

At the end of the day, it is up to you as an individual to decide how to manage your crypto. We recommend storing your crypto in a secure self-managed wallet.

Buying and selling crypto person to person (P2P) is the act of buying, selling, or exchanging cryptocurrency directly between 2 users, without the use of an exchange, retailer, or third party to facilitate the transaction process. It's the way of buying crypto in NZ without having to provide your KYC/personal data.

Since 2016, New Zealand AML law has required all NZ crypto services who fall under the VASP classification to collect and provide information on their users to the NZ Govt, including details such as names, wallet addresses, order history, device information, IP addresses and more. P2P traders are those who prefer not to do so.

Crypto mining is the process of providing computational support to the crypto networks in reward for newly minted coins. You run specialized mining software on your hardware, processing transactions and adding them to blockchain.

By running a crypto mining rig, you can earn cryptocurrencies like Bitcoin, Ethereum and Cardano passively; sent safely, directly and privately to your crypto wallet of choice. Mining rigs (more or less) act as civilian money printing machines, with the primary costs being the overhead hardware expenses for your rig and ongoing electricity prices.

A cryptocurrency airdrop happens when a blockchain project deploys free crypto tokens to their community, usually after meeting specified criteria, for the purpose of marketing and stimulating the circulation of a project's native coin within it's userbase and beyond.

Crypto airdrop farming is the deliberate pursuit of exploring and engaging with platforms and project eco-systems who are expected, presumed or likely to deploy an airdrop in the coming future. An airdrop farmer is interested in mass farming crypto airdrops for profit. By far one of the greatest ways to accumulate crypto while exploring the DeFi ecosystem.