Best Crypto Exchange In New Zealand

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In this guide, we share our insights about the best crypto exchanges in New Zealand. We have verified and analyzed 133 crypto exchanges in 8 distinct categories. We reviewed different aspects of their offering, including trading costs, platforms, mobile apps, deposits & withdrawals, portfolios, safety protocols, customer service, and liquidity.

Popular trading platforms that reached the best scoring are below:

Top 5 Crypto Exchanges In New Zealand

  1. KuCoinis the best crypto exchange in New Zealand. Intuitive trading platforms, straightforward services.
  2. Binancefinished up second as the best crypto trading platform. Well-established cryptocurrency trading platform with large trading volumes and liquidity.
  3. Crypto.comis the best crypto exchange for multiple assets. Competitive tools, safe mobile trading app.
  4. Cash Appcomes up in the fourth spot. Best toolset for beginners. Easy to use Bitcoin trading platform.
  5. Krakenis in fifth place. Sophisticated trading tools for experienced investors.

Best Crypto Exchanges New Zealand – List

ExchangeOverall ScoreGeneral infoFees (Maker/Taker)Spot Volume (BTC)
#1KuCoin4Best overall crypto exchange1%/1%$2,739,612
#2Binance4.3Best crypto trading platform1.99%/1.99%$451,706,550
#3Crypto.com4.3Best For Asset Diversity1.8%/2.75%$68,571
#4Cash App4.7Best Toolset For Beginners0.1% /0.1%$806,899,070
#5Kraken4.5Best Sophisticated Trading Tools0.16%/0.26%$53,964,331

This section below breaks down the best crypto trading platforms in New Zealand, beginning with the best-rated – KuCoin.

01. KuCoin: Best Platform For Cryptocurrencies

KuCoin is a centralized cryptocurrency exchange that operates in over 200 countries worldwide, except for the USA. It offers access to a wide range of different coins, futures, staking, and margin trading. KuCoin fees are competitive. New users get free USDT coins on the first deposit of over $500. Deposits are free.

Although KuCoin is considered safe, it has no operating license in the US. It does not allow deposits in USD and has bad reviews when you search it on Google.


02. Binance: Best Platform to Buy Cryptocurrency in New Zealand


Binance takes the second spot, as the best platform to buy cryptocurrency in New Zealand. High-volume crypto traders will appreciate the high spot trading volumes, a wide range of available coins, low fee structure, and advanced trading tools and order types.

Binance has premium account features, including staking rewards and OTC trading. Traders earn from 1-10% for holding different assets over time. We recommend this crypto exchange for advanced crypto traders who want to trade with lower trading fees and invest in less popular altcoins. We do not recommend Binance for beginner traders.

03. Best Crypto Exchange For Multiple Assets is a modern and fast-adopting crypto exchange offering access to NFTs, e-wallets, own credit card, staking, investing, and crypto trading. Their trading app is intuitive, easy to use, and available on iOS and Android. Trading fees are competitive across all accounts. With the extra bonuses for holding specific coins, they can compete with the fee structure of industry-leading exchanges. offers access to 250 different crypto coins.

04. Cash App: Best Crypto Trading App


Cash App is a great pick for New Zealand’s crypto enthusiasts who want to buy Bitcoin on an easy-to-use crypto platform. Cash App is a peer-to-peer money transfer system offering a flexible solution to withdraw funds to leading crypto wallets and buy and sell cryptocurrency simultaneously.

Cash App offers access to the most traded cryptocurrency assets, including Bitcoin, Ethereum, Ripple NFTs, Shiba Inu, and most Altcoins. Their crypto trading app is interactive, easy to use, and beginner-friendly. Trading costs are average, and you can expect additional fees. Advanced trading features like different order types, limit orders, standing orders, crypto staking, margin trading, and storage options are missing.

Cash App lets users directly deposit money into their bank account and use tax filling tools.

05. Kraken: Best Trading Platform for Bitcoin


Kraken is a well-established and the oldest crypto exchange with industry-leading technology. It finished in fifth place as the best trading platform for Bitcoin in New Zealand. It is a great choice for advanced crypto investors looking for margin and futures trading options, sufficient trading volume, and low trading costs.

Kraken’s proprietary trading platform allows users to buy and sell digital currencies with the lowest fees in the industry, multiple order types, valuable educational resources, and quick buy features. The mobile version is available on iOS and Android apps and has all the trading tools from the web version.

High-net-worth clients are the only ones allowed to use the exchange’s consultation and management services.  

How To Pick a Crypto Exchange?

When choosing a crypto exchange, the key points to consider are costs, platforms, trading apps, deposits & withdrawals, customer service, portfolios, liquidity, and safety measures.

Fees: Avoid exchanges that don’t have a transparent fee structure and charge high fees on trades and overnight costs.

Trading platforms: Identify and choose intuitive, simple-to-use, and fast-executing trading platforms.

Mobile Trading: Mobile trading apps need to offer the same tools and charts as their other versions.

Deposit & Withdrawal: Select an exchange that has access to your preferred deposit and withdrawal funding option with low or no fees.

Assets: It is best to consider an exchange with competitive portfolios and asset class coverage.

Customer support: Traders at all levels and beginners should choose a platform with responsive and industry-leading customer support available in their language.

Liquidity: High liquidity and trading volumes ensure that you will be able to sell your crypto assets.

Security: You should focus on regulated exchanges offering proof of funds and penetration tests. Always verify security and safety protocol with the crypto exchange security rating agency (

*Safety Risks For New Zealanders

A trustworthy cryptocurrency exchange for New Zealanders is government-regulated and has a trading license. Larger exchanges have a banking history.

Regulation Of Cryptocurrency Exchanges in New Zealand

The Financial Markets Authority of New Zealand (FMA) is the leading financial regulatory body in New Zealand. It oversees cryptocurrency exchange activities in the country. FMA is the body responsible for the securities markets in New Zealand. Digital exchanges have to comply with the FMA standards and need to obtain authorization. Official approval has exchanges follow strict Know Your Customer (KYC) rules. 

Is Cryptocurrency trading legal in New Zealand?

Trading cryptocurrency in New Zealand is legal. Cryptocurrency coins are regulated by the Anti-Money Laundering Law and the FMC Act of 2013. New Zealand does not see cryptocurrencies are legal tender and will not view those coins as financial products. Cryptocurrencies are seen as property in New Zealand, with gains and losses taxable as income. 

How to Start Trading WithKuCoin

KuCoin is a popular centralized exchange with secure services and platforms. It offers an intuitive app, many order types, and rewards for KuCoin account holders. Here are the steps to follow to start trading with KuCoin.

STEP 1: Open up the KuCoin official website
Find the link to the KuCoin website under this link here:

STEP 2: Click on the “Sign Up” button

Click on the “Sign Up” button and submit the requested information. Set up a password and finish creating your KuCoin account.

STEP 3: Verify your trading account
To buy cryptocurrency using KuCoin, you need to open a trading accountverify your account and make a deposit. This will let you buy, hold and sell crypto assets using KuCoin.

STEP 4: Buy cryptos with KuCoin
You can buy, hold and sell fractions of each crypto asset. To own a crypto coin, you don’t need to buy the whole coin.


We recommend Kucoin as the best crypto exchange platform for New Zealand crypto enthusiasts. They offer a user-friendly platform and access to many tradable coins. Binance comes in second based on its overall features, customer support, and assets.


What Is A Centralized Cryptocurrency Exchange?

A centralized cryptocurrency exchange is a private company offering access to crypto trading platforms. These exchanges comply with strict rules and request identification, known as the Know Your Customer rule. Popular centralized exchanges are Kraken, Binance, and Coinbase. 

What Is A Decentralized Cryptocurrency Exchange?

A decentralized exchange does not have a central point of control. It resembles a server, but it has each computer within the network located in different countries. If one computer stops working, it doesn’t interfere with the activity within the network. The downside of decentralized exchanges is that they don’t follow the rules of any regulatory body. If you opt for this type of exchange, you should consider the risks. 

Is Crypto Taxable In New Zealand? 

Yes, if you accept crypto coins as a type of payment for services and goods, you will need to pay a tax on them. 

Can You Trade Crypto In New Zealand? 

If you want to buy crypto in New Zealand, you will need a digital wallet to hold your coins. Most exchanges allow New Zealand customers to transfer fiat currency, such as the New Zealand Dollars, to buy digital assets like Ethereum and Bitcoin. 


All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.


eToro is a multi-asset platform that offers both investing in stocks and crypto assets, as well as trading CFDs. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Past performance is not an indication of future results. Cryptoassets are volatile instruments that can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading crypto assets is unregulated and therefore is not supervised by any EU regulatory framework.

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Braden Chase is an investor, trading specialist, and former research specialist for who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.


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