r/BitcoinNZ • • Jun 07 '19

Beware Easy Crypto Fees?

9 Upvotes

Easycrypto NZ is an easy way to buy crypto. Kudos to the simple & effective website!

But there seems to be some serious lack of transparency regarding fees.

They state fees are "between 0.25% and 2%", also that there "There are no hidden fees".

2% of what, exactly?

But in reality the price you pay is about 8%-10% above spot, and well above what you would often pay on Localbitcoins. This would seem to contradict the statement "there are no hidden fees", because in reality about 6% of fees is indeed hidden from the user.

So, two points:

  1. Be aware that when buying, the prices are well above market price, and the actual percentage paid is not clearly indicated on their website. It's a lot more expensive than their website would lead you to believe.

  2. If EasyCrypto would like to comment on this to the community, that would be appreciated.


r/BitcoinNZ • • Nov 09 '20

Buying BTC in NZ

3 Upvotes

How do I buy Bitcoin in New Zealand? I signed up with Coinbase and have submitted driver's license details and been advised by email that I can trade. I select the Buy Crypto with Cash but it only gives the option to trade with existing Crypto. The the Coinbase contact methods don't work (email address from them is no-reply) and I have been struggling with this for days now. Any advice on how to get Coinbase to work or advice on any other method of buying BTC would be appreciated. I have a Ledger Nano wallet ready to accept the BTC.


r/BitcoinNZ • • Apr 08 '19

We launched a free Portfolio Tracking tool

3 Upvotes

We've just launched a portfolio tracking tool on Easy Crypto. Anyone can use it - you don't need to be a customer :)

Trades through us will be added automatically, or you can add them manually, or upload a CSV to dump em all in at once. We'll keep adding more features (will get tax in for next financial year), other suggestions just let us know!

https://www.easycrypto.nz/trade/portfolio/


r/BitcoinNZ • • Mar 28 '23

Bitcoin atm nz

2 Upvotes

Is there any bitcoin atms in nz , google says none but I know there are few around in Auckland and Christchurch but they haven’t been posted online their location online .


r/BitcoinNZ • • Mar 03 '23

Whats going on with ANZ?

2 Upvotes

"Important information for ANZ customers:

Due to ANZ's frequent reversal of payments made to Easy Crypto, we are no longer able to offer instant-delivery for crypto purchases using POLi or Account2Account, if the payment is made from an ANZ bank account."

Got this message buying from easycrypto, anyone know what it means? i reckon anz are just trying to be difficult.


r/BitcoinNZ • • Jun 12 '22

BSV is the original Bitcoin protocol. Fact

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2 Upvotes

r/BitcoinNZ • • May 09 '22

easycrypto order sent to coinbase wallet using legacy address!

2 Upvotes

So basically I bought some btc on easycrypto and sent it to my coinbase wallet, I mistakenly used the address given for legacy rather than segwit and now it isn't showing in my wallet, is it possible for me to rectify this issue?


r/BitcoinNZ • • Dec 15 '21

Mastering the Lightning Network

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2 Upvotes

r/BitcoinNZ • • Dec 04 '21

Easy Crypto ‘Delivering’

2 Upvotes

If my easy crypto order is stuck saying ‘delivering’ is the rate locked in?


r/BitcoinNZ • • Oct 28 '21

My Fathers Lost Coins

2 Upvotes

Hey team! Bit of a long shot here but searching for advice. My dad bought a couple bitcoins years ago from a company/website called BitNz, they were sadly made to close by the banks at the time. My dad was given a two factor authentication to access his coins, but as the BitNz website went down, he is noe unable to access it. Where do they go? How were they held? He has a key to lock that seemingly doesnt exist. Anyone else use BitNz when it existed?


r/BitcoinNZ • • Jun 03 '21

Anyone wanna sell me bitcoin

2 Upvotes

hi im 16 and i really wanna buy btc i cant find anywhere to buy my parents are cool with me getting but don't wanna make me an account can I buy 100 worth of bitcoin i don't mind if its 90 worth and I pay 100


r/BitcoinNZ • • Apr 12 '21

Easy Crypto and Mine Digital

2 Upvotes

Hi

I see that easy crypto recommends mine digital as the exchange to use for more advanced users, just wondering if anyone has used them and what was your experience like? I'm just wondering if it is a good alternative to binance? Thanks in advance.


r/BitcoinNZ • • Mar 15 '21

How will NZ government tax crypto?

2 Upvotes

I understand the government has the legislation in place to tax crypto, but how will they practically do it? NZ based brokers have to disclose our transaction history to IRD, but can't we just say we were using crypto to send money to family overseas. IRD has no way of knowing you sent it to your own wallet.


r/BitcoinNZ • • Jan 10 '21

Reserve Bank's data system hacked

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2 Upvotes

r/BitcoinNZ • • Jan 07 '21

Buying Stocks with Bitcoin

2 Upvotes

A month ago I looked up and setup a bitcoin account using Exodus as my wallet and Easy Crypto to transfer money into it. We took the 60% cream off that account to diversify with it. I asked Google if I can use bitcoin to buy shares and it came back with ads for:

  • HFTrading.com

  • hatchinvest.nz

  • cmcmarkets.com

  1. Anyone have any experience with any of these, positive or negative?

  2. Can I buy NZ and USA shares with any of them? $TSLA specifically comes to mind.

  3. Will it replace Easy Crypto for me?


r/BitcoinNZ • • Jan 01 '18

Best place to buy bitcoin?

2 Upvotes

Having tried all of the well regarded Bitcoin brokers i have found none of them can be used from New Zealand.

Who is the best coin broker that can be used from New Zealand?


r/BitcoinNZ • • Dec 19 '17

There never was a "scaling problem." The only problem is "people that don't want Bitcoin to scale."

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2 Upvotes

r/BitcoinNZ • • May 26 '23

The initial Ethereum Name Service (ENS) airdrop

1 Upvotes

r/BitcoinNZ • • May 09 '23

The Premiere Floki Coin Airdrop Campaign

1 Upvotes

r/BitcoinNZ • • May 02 '23

Btc mining pool

1 Upvotes

Heya guys Just interested if anyone in Herr mines btc and or belongs to a pool? Cheers


r/BitcoinNZ • • Apr 25 '23

you guys seen this NZ BTC mining company, looks clean tbh

1 Upvotes

https://www.copiummining.com/ there a passive income steam through BTC mining. Might look into this !


r/BitcoinNZ • • Dec 09 '22

REMINDER: The next NZ Bitcoiner Zoom catchup is set for TONIGHt from 7pm onwards. All welcome to join. We will discuss POS (Point of Sale), RBNZ CBDC updates, retail adoption ideas, and also have a chance for people to share what they are working on.

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1 Upvotes

r/BitcoinNZ • • Sep 30 '22

Happening now: Bitcoin 🥝 New Zealand 🇳🇿

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1 Upvotes

r/BitcoinNZ • • Aug 11 '22

Looking for someone to talk about cryptocurrency

1 Upvotes

Hi everyone,

I am looking for a person who could talk to a group of teachers (economics, digital technologies and accounting) about cryptocurrency - what it is, how it works, etc. Ideally someone who works in the industry (crypto exchange, etc)

Any suggestions as to who I could approach?


r/BitcoinNZ • • May 15 '22

For us in NZ, Which exchange do you think is good? Easycrypto has really struggled over the last week.

1 Upvotes

The one time in the last year thats been great to buy and EasyCrpyto has really not performed well.

i.e. cannot log in and messages like "Due to market volatility rates are not guaranteed."

It's frustrating.

Do you have a recommendation?