The safest, fastest, and easiest way to sell Bitcoin, Ethereum and other cryptocurrency in New Zealand is through a Kiwi crypto retailer like Easy Crypto NZ or Binance.
Recommended for beginners
Best for experienced traders
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Compare all NZ exchangesYes – you can sell cryptocurrency in NZ in minutes through one of New Zealand's various crypto retailers or exchanges, such as Easy Crypto NZ.
Crypto wallets are digital vaults where you store your Bitcoin, Ethereum and other digital assets – acting in a similar way to your NZ bank account.
There are 5 main types of cryptocurrency wallet, such as Hardware wallets like the Trezor and Ledger or software wallets like Exodus.
Learn about your best options in our Best Bitcoin, Ethereum & Crypto Wallets in New Zealand Guide.
New Zealand anti-money laundering laws (AML) require all Kiwis to verify their identities before they can buy and sell cryptocurrency through regulated NZ crypto trading platforms, such as Easy Crypto NZ or Binance.
Alternatives to using regulated services to acquire crypto include crypto mining, buying P2P, airdrops, Crypto ATMs, and decentralized exchanges. You can also get crypto by accepting it as payment for the goods and services you sell, or doing work in exchange for crypto.
To verify an account with an NZ exchange, you need to:
It typically takes less than a day to sell Bitcoin, Ethereum and other crypto in NZ – depending on your service of choice. It's possible to sign up with an NZ crypto exchange or retailer like Easy Crypto NZ, verify your account, sell crypto and have it delivered to your personal bank account within a day.
Crypto Selling speeds vary in three key ways:
The charges for selling bitcoin vary based on the payment method and platform utilized.
For instance, if you’re selling to a friend and completing the transaction with cash, you’ll only have to account for the ‘network fee’ for transferring the bitcoin from your digital wallet to theirs.
If you’re receiving payment via bank transfer, you’ll need to include the applicable fees.
Additionally, exchange services impose fees for managing trades, which encompass operational expenses and a slight markup.
Ready to start your crypto journey? View all NZ exchanges →
Disclaimer: All information, guides and recommendations below are based on our own research, preferences and experiences. You should always do preemptive research on anything you buy and on any financial service you use. None of this is to be interpreted as any form of financial advice.
If you're reading this, there's a good chance you're at the very beginning of your NZ Bitcoin journey – you've set up your crypto wallet and bought crypto, and you're now ready to learn to sell Bitcoin, Ethereum or other cryptocurrencies in New Zealand.
In this Cryptocurrency NZ guide, we'll walk you through the ins and outs of Selling cryptocurrencies like Bitcoin (BTC) in NZ.
Enjoy the process, read all the key information, and don't hesitate to ask us for help on our Contact us page. Good luck!
~ Harry Satoshi & Nic Turnbull
Best Way for Beginners to Sell
Easy Crypto NZ is New Zealand's most popular crypto retailer, making it safe, fast, and easy for Kiwis to buy and sell over 110+ cryptocurrencies in minutes – including Bitcoin, Ethereum, Monero, Dogecoin & XRP.
Visit Easy Crypto NZBest Exchange for Advanced Traders
Binance, the world's largest crypto exchange, is a highly popular platform for Kiwis interested in crypto trading in NZ. Binance offers over 1400 trading pairs, such as NZD to BTC, with some of the lowest fees in the industry.
Visit Binance NZBest Way to Buy / Sell for Privacy
Warning: The P2P world is a scam cesspit - you're virtually guaranteed to encounter scammers. Imposter scammers frequently pose as admins or other reputable members. This method should only be considered by experienced crypto users.
The NZ P2P Crypto Marketplace was established in 2021 by CNZ's Harry Satoshi to make it easier for Kiwis to discover and communicate with peer-to-peer crypto traders in NZ. It's NZ's best way to locate crypto traders who won't require you to hand over your personal information or perform KYC.
Visit P2P MarketplaceBest Crypto / NZD Payment Processor
Pay it Now – PIN is New Zealand's leading crypto payments service, making it easy for businesses to accept Bitcoin, Ethereum and over 15+ other cryptocurrencies in NZ.
If you're a business owner looking to accept cryptocurrency payments from your customers, PIN provides a seamless integration that allows you to:
Need more help deciding? Contact us for personalized advice →
Select a trusted exchange platform that has a solid reputation for security and user protection. Look for exchanges that employ robust security measures, such as two-factor authentication.
NZ based crypto retailers like Easy Crypto NZ are the most popular on/off ramps 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.
Safeguard your cryptocurrency and accounts by implementing strong security measures. Enable 2FA, use complex and unique passwords, and consider using hardware wallets for enhanced security.
When engaging in peer-to-peer (P2P) transactions, thoroughly research and verify the credibility of the buyer/seller.
Check their reputation, transaction history, and feedback from other users. Consider using P2P platforms that offer escrow services to mitigate the risk of fraudulent transactions.
Warning: New Zealand is home to the NZ P2P Crypto Marketplace; a group of over 2,000 Kiwis interested in meeting P2P crypto buyers and sellers across NZ. Before you make your first trade, it is critical you learn the basics of P2P, the risks involved and the standard protocols Kiwis use to trade. Scammers are rampant in the NZ P2P crypto trading scene, and it's virtually guaranteed you will encounter them. Scam is real, keep your eyes peeled. You have been warned!
Still a bit crypto confused and wish you had someone to help walk you through? Whether you’re stuck on a technical issue or looking for guidance we’re here to help.
Meet the team: Sarn, Nic, and Harry, three passionate crypto enthusiasts with years of experience and a commitment to simplifying the complexities of crypto for you. From wallet recoveries to educational consultations, our expertise covers a wide range.
Start small, learn by doing, and gradually increase your exposure as you become more comfortable with the technology and market dynamics. Cryptocurrency can be a rewarding journey, but it requires patience, education, and a cautious approach.
A) Head to the Easy Crypto NZ website - www.easycrypto.ai/nz
B) Select your sign up method
C) Provide Easy Crypto NZ with your email address and create a password
D) Click 'Verify account'
Congrats, you've just completed the first step 👏
In New Zealand, all regulated Bitcoin exchanges are required to collect and document their user's data and information, to comply with NZ anti-money laundering laws.
This means whenever you use a regulated NZ Bitcoin exchange to buy and sell Bitcoin, your account and identity need to be verified in order for you to trade on your chosen exchange.
Easy Crypto makes this easy, making it possible to have your account automatically verified in 5 minutes or less.
A) Provide Easy Crypto with your basic details
B) Provide Easy Crypto with your home address
C) Inform Easy Crypto about your source of funds
D) Click 'Automated Verification'
We'd highly recommend going with automatic verification — you can be done in less than 3 minutes!
ECNZ’s automatic system includes a walkthrough guide too. 🙂
It's now time to create your order to sell your Bitcoin or other cryptocurrencies.
It’s totally normal to feel a bit unsure the first time you do this — but I’ve got you covered!
A) Head back to the Easy Crypto NZ homepage and navigate to the exchange widget
B) Insert the NZD amount of Bitcoin you wish to sell, and click 'Sell Now'
C) Provide Easy Crypto with the wallet address they give you, and click 'Next Step'
Note: Always use the exact wallet address EC provides for your sale.
Now that you've sent your Bitcoin, your order is complete. 🥳
Just wait for Easy Crypto NZ to send your NZD to your bank — it usually takes up to one day.
If it hasn’t shown up, you can check your order status on the 'My Orders' page or reach out to the Easy Crypto helpdesk.
Need more detailed guidance? Contact us for personalized advice →
Purchase Cost: From $49USD
Cloud Storage: No
Cold Storage: Yes
The Trezor Hardware Wallets are a cutting-edge hardware wallet designed to provide top-notch security for managing cryptocurrency assets. With its sleek design and user-friendly touch screen, Trezor wallets stands out as a versatile solution.
One of their distinguishing features is the availability of a security key, which further enhances the protection of your private keys and sensitive information. This hardware-based security approach significantly reduces the risk of unauthorized access. For New Zealanders seeking a secure and efficient way to safeguard their digital assets, such as their Bitcoin the Trezor Wallets is an excellent choice.
To learn more about the features and benefits of Trezor Wallet, we recommend checking out our comprehensive guide, “What is Trezor Hardware Wallet NZ.“
Purchase Cost: Free
Cloud Storage: No
Cold Storage: No
Exodus is a user-friendly desktop and mobile wallet known for its straightforward interface and built-in exchange. With the ability to swap between over 250 cryptocurrencies, it offers great versatility for users. Beginners appreciate its simplicity and excellent customer support, making it an ideal entry point into the world of crypto.
However, more advanced users might find it lacking due to its closed-source nature, raising potential security concerns. Despite this, Exodus allows custom fee settings and ensures prompt transaction completion, adding to its appeal for users seeking cost-effective and efficient transactions.
Need more help deciding? Contact us for personalized advice →