Buy Stablecoins NZ

How to Buy Stablecoins NZ – New Zealand’s Crypto Guide (2024)

Looking to learn how to buy Stablecoins in New Zealand? Follow our simple guide and learn how to buy USDT and other stablecoins in New Zealand.

For New Zealanders venturing into the world of cryptocurrencies, buying stablecoins can be an exciting task. Platforms such as Binance NZ and Easy Crypto NZ make it easy.

To get started, it’s important to understand the basics of stablecoins. Once familiarized with each type of stablecoin, selecting a secure cryptocurrency wallet is a curial step.

Best Place to Buy Stablecoins NZ

Best place to buy Stablecoins for Beginners

Type of Exchange: Broker / Retailer  

Tokens Available : 50+ 

Easy Crypto NZ

Why Cryptocurrency NZ Chooses It

Cryptocurrency NZ opts for Easy Crypto NZ due to its impeccable safety record, unwavering reliability, and swift transactions. With a proven history of aiding New Zealanders, it’s the preferred choice for seamless crypto dealings.

Pros & Cons

Pros Of Easy Crypto NZ 

✔️ Accepts NZD: Easy Crypto is a New Zealand-based retailer, which means that users can buy and sell cryptocurrencies using New Zealand Dollars (NZD).

 Easy Crypto has a simple and user-friendly interface that makes it easy for individuals to buy and sell cryptocurrencies, even if they are new to the world of digital assets.

Strong customer Support:
Easy Crypto offers competitive fees and is known for its strong customer support. The team is available to assist users with any questions or concerns they may have. 

Secure platform:
The platform is secure and uses industry-standard security measures to protect user data and funds. 

Cons Of Easy Crypto NZ 

❌ Limited Features: Easy Crypto may not offer as many advanced trading features as some other exchanges, which may be a drawback for experienced traders.

Trading Fees
: The trading fees for less popular cryptocurrencies on Easy Crypto can be higher than on other exchanges.

Trading Fees

Easy Crypto NZ has a transparent fee structure, which is included in the price of the cryptocurrency being bought or sold. The fee structure is based on a percentage of the transaction value, and the percentage varies depending on the cryptocurrency being traded. 


Easy Crypto NZ fee range is from 0.70% to 0.90%. 

Best place to buy stablecoins For Trading

Type of Exchange: Centralized Exchange 

Tokens Available : 500+ 

Binance NZ

Why Cryptocurrency NZ Chooses It

Cryptocurrency NZ uses Binance NZ due to its extensive cryptocurrency options, strong security measures, and diverse services like staking, lending, and mining optimization. A comprehensive platform for Kiwi cryptocurrency enthusiasts.

Pros & Cons

Pros Of Binance New Zealand 

✔️Wide range of tokes: Binance supports a huge range of tokens, which gives New Zealanders access to a diverse range.

✔️ Low trading fees: Binance has some of the lowest trading fees in the industry, which can be a significant advantage for frequent traders.

✔️ High liquidity: Binance has a high trading volume, which means there is high liquidity on the platform. This makes it easier to buy and sell cryptocurrencies quickly.

✔️ User-friendly interface: Binance has a user-friendly interface, which makes it easy for beginners to navigate and trade cryptocurrencies. 

Cons Of Binance New Zealand 

❌ Regulatory uncertainty: Cryptocurrency regulation in NZ is still uncertain, which can create a level of risk for users of the platform. 

❌ Limited payment options: Binance has limited payment options for New Zealanders, with bank transfers being the primary payment method.

❌ Security risks:
 As with any cryptocurrency exchange, there is a risk of hacking and theft. Binance has implemented security measures to mitigate these risks, but there is still a risk involved.

❌ Customer support:
Some users have reported issues with Binance’s customer support, which can be frustrating if you encounter any issues with the platform. 

Trading Fees
Spot: 0.1000%Spot: 0.1000%
Futures USD: 0.0400%Futures USD: 0.0200%

More information on Binance exchange fees can be found here

Best Place to Buy Stablecoins for New Zealand users

Type of Exchange: Broker / Payment Solution 

Tokens Available : 15+ 

Pay it Now (PIN)

Why Cryptocurrency NZ Chooses It

Cryptocurrency NZ has enthusiastically opted for Pay it Now (PIN), and for good reason.

With its New Zealand origins, PIN perfectly aligns with the local values that Cryptocurrency NZ holds dear. Unlike simple on/off ramps, PIN offers a holistic ecosystem that extends well beyond basic transaction facilitation. By bridging merchants with its extensive user base, PIN empowers businesses throughout New Zealand to effortlessly access the realm of crypto.

Pros & Cons

Pros Of Pay it Now (PIN)

✔️ PIN Scan Block Explorer: The dedicated block explorer, PIN Scan, enhances transparency by allowing users to easily track and monitor transactions on the PIN Network, fostering trust.

✔️ Wallet-Less Crypto Transactions with PIN Swap: The wallet-less connection process through PIN Swap offers a user-friendly and secure method for transferring crypto assets directly into users’ wallets, simplifying the interaction with smart contracts.

Point of Sale (PoS) Integration:
The integration of PIN Payments with prominent Point of Sale providers like Sipo PoS, Todays Software, Lightspeed X, and Salespoint streamlines crypto payments for merchants, potentially increasing the adoption of cryptocurrencies.

In-App Functionality for Users:
The PIN Network App’s user-centric features, such as in-app buying, bridging tokens, gas-less swaps, and instant peer-to-peer transactions, create a convenient and seamless experience for users engaging with digital assets.

Cross-Border Payments:
The ability to send and receive digital currency instantly among PIN Network App users facilitates cross-border transactions, potentially reducing traditional financial barriers.

Staking and Rewards:
The in-app staking functionality offers users the opportunity to earn staking rewards and bonuses, providing an additional incentive within the PIN ecosystem.


Cons of Pay it Now (PIN) 


Integration Challenges: While the PoS integration is designed to be user-friendly, potential integration challenges with different PoS providers might arise.


Limited Cryptocurrency Compatibility: The availability of supported tokens for bridging and swapping might be limited, potentially limiting user choices.


Security Considerations: Introducing wallet-less transactions and sensitive data handling within the app necessitates robust security measures to protect user assets and information.


Regulatory Challenges: The integration of cryptocurrencies and payment solutions could subject the project to regulatory scrutiny and compliance requirements in different jurisdictions.

Trading Fees

PIN implements a fee structure that comprises two distinct types of fees. The first involves un-bridging transactions, in which a fee of 4% is applicable. However, it’s noteworthy that PIN doesn’t impose gas fees on its users. Instead, for bridge transactions, there’s a fixed fee of $0.40 USD, offering users a straightforward and predictable cost for their transactions.

Can I Buy Stablecoins in NZ?

Yes, Kiwis can buy Stablecoins through a selection of Crypto exchanges, brokerages, and P2P marketplaces available in New Zealand. These platforms offer an easy-to-use interface, allowing users to purchase Stablecoins using NZD or other cryptocurrencies.

What are Stablecoins in NZ?

A stablecoin is a type of cryptocurrency that aims to maintain a steady value, providing a reliable option compared to the volatile nature of other cryptocurrencies.

It offers individuals in NZ the advantages of digital currencies, such as fast and secure transactions, without the risk of significant price fluctuations seen in Bitcoin. 

Stablecoin NZ

Types of Stablecoins in NZ

Crypto-Collateralized Stablecoins

As cryptocurrencies gain more popularity, many people now hold crypto assets. This has sparked interest in using these assets as collateral to create new stablecoins.

The process is quite straightforward: New Zealanders can deposit their crypto into a stablecoin vault like MakerDAO and generate stablecoins (e.g. DAI) based on the value of their collateral. When the loan is repaid and the collateral is withdrawn, the corresponding amount of stablecoins is taken out of circulation. This allows individuals to access the value of their assets while still keeping ownership and potential long-term growth.

Fiat-Collateralized Stablecoins

Dollar-pegged stablecoins are currently the most popular type of stable digital currency. They are designed to maintain a 1:1 value ratio with the US dollar and are backed by actual dollar reserves. Essentially, they serve as digital versions of physical dollars.

Tether (USDT) was the first widely accepted digital dollar stablecoin and is now widely used on various cryptocurrency exchanges. Traders heavily rely on Tether and other well-known digital dollars like USDC. These stablecoins offer the convenience of quickly transferring funds between crypto wallets. They can also be easily converted back to NZD.

Algorithmic Stablecoins

An algorithmic stablecoin is a type of cryptocurrency that maintains a stable value through the use of algorithms and smart contracts, rather than relying on traditional assets.

Unlike dollar-pegged stablecoins that are backed by fiat currencies, algorithmic stablecoins aim to achieve stability through a combination of supply and demand mechanics. A prime example is TerraUSD – Learn more about the collapse of TerraUSD. 

Best Stablecoins Wallets NZ

Best Bitcoin Wallet for security

Trezor Model T

Purchase Cost: $219

Cloud Storage: No

Cold Storage: Yes

At Cryptocurrency NZ, we endorse the Model T as our preferred hardware wallet for several reasons, with security being at the forefront. The Model T offers robust security features, including offline storage of private keys and the availability of a physical security key, which provides an extra layer of protection against threats. 

Pros of Trezor Model T: 

✔️ Versatile Crypto Support: Trezor stands out for its compatibility with a array of currencies, enabling users to store multiple assets in one wallet.

✔️ Available Touch Screen: The presence of a touch screen on certain models of Trezor enhances user interaction and navigation. This feature contributes to a more intuitive and user-friendly experience.

✔️ Highly Secure: Trezor is renowned for its robust security measures. By storing private keys offline in the hardware wallet, it provides optimal protection against online threats such as phishing attacks and malware. 

Cons of Trezor Model T:

❌ Security key exclusive to Model T: While the Trezor Model T offers the added security of a physical security key, other Trezor models lack this feature.   

❌ Relatively High Cost: Compared to some software wallets, Trezor hardware wallets are relatively more expensive. The investment in hardware security might deter budget-conscious users or those with smaller crypto holdings.

❌ Not Beginner-Friendly: Trezor’s advanced security features and configuration options may overwhelm beginners new to crypto. The setup process to operate the hardware wallet effectively may require some technical knowledge.

The Trezor Model T Wallet is a cutting-edge hardware wallet designed to provide top-notch security for managing cryptocurrency assets. With its sleek design and user-friendly touch screen, the Model T stands out as a versatile solution.

One of its 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 Model T Wallet 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.

Best Bitcoin wallet for beginners


Exodus Desktop

Purchase Cost: Free

Cloud Storage: Yes

Cold Storage: Yes

Cryptocurrency NZ Chooses Exodus as the best Stablecoin wallet for beginners due to its exceptional features. Being a free wallet, it offers an accessible entry point for newcomers. Additionally, Exodus provides great customer support.

Pros Of Exodus Wallet:

  • ✔️ Built-in Exchange: Exodus offers the convenience of a built-in exchange, allowing users to easily trade between supported cryptocurrencies without leaving the wallet interface.

  • ✔️ Good Customer Support: With responsive and helpful customer support, Exodus ensures that users receive assistance promptly, enhancing their overall wallet experience.

  • ✔️ Easy Setup Process: Exodus boasts a user-friendly and straightforward setup process, making it an ideal choice for beginners entering the world of cryptocurrency.

Cons Of Exodus Wallet :

  • Closed Source Software: The closed-source nature of Exodus’s software may raise concerns for security-conscious users, as they have limited visibility into the codebase and potential vulnerabilities.

  • Lacks 2FA Security Protection: Unfortunately, Exodus currently lacks Two-Factor Authentication (2FA), which is an additional layer of security desired by some users to protect their accounts from unauthorized access.

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.

For more in-depth information about Exodus Wallet, Cryptocurrency NZ recommend checking out our comprehensiveWhat is Exodus Wallet NZ guide.

The Best Way to Buy Stablecoins in NZ

After trialing all services mentioned above, we’ve found that Easy Crypto NZ is the clear winner for the best place to buy Stablecoins in NZ. ⭐⭐⭐⭐⭐

How to buy cryptocurrency in NZ GIF

This is thanks to EC’s streamlined signup and verification system, decent prices, range of payment options, delivery speeds, and large coin selection.

Easy Crypto NZ makes it possible for Kiwis to create an account, have it automatically verified, and complete an order to buy Tether, DIA and USDC in NZ within 20 minutes.

It’s the no-brainer option for anyone who appreciates speed, security, and ease when buying Bitcoin. Follow our guide below to learn how to effortlessly buy Stablecoins.

How to Buy Stablecoins with Easy Crypto NZ

Before getting started with Easy Crypto, you first need to set up a cryptocurrency wallet so you have a safe place to store your Stablecoins in.

Once you’ve got that, follow the steps below:

Create your account

A) Head to the Easy Crypto NZ website –

C) Select your sign up method

Create an account with EC NZ

D) Provide Easy Crypto NZ with your email address and create a password

Signing up with email EC NZ

E) Click ‘Verify account’

Congrats, you’ve just completed the first step 👏

Account created with Easy Crypto Bitcoin exchange

Verify your account

In New Zealand, all regulated Crypto 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 Crypto exchange to buy and sell tether, 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

Basic account details

B) Provide Easy Crypto with your home address

Home address

C) Inform Easy Crypto about your source of funds

Source of funds Easy Crypto NZ

D) Click ‘Automated Verification’

Automatic verification EC NZ

You are now at the cross roads between verifying manually or with ECNZ’s automatic verification system.

We’d highly recommend going with automatic verification, as this is the system that will allow you to verify your account in less than three minutes.

ECNZ’s automatic verification is famously easy, and it includes a walk-through guide on the inside, which we’ll let you discover yourself. 🙂

Once you’ve completed it, continue below to learn how to buy Stablecoins in NZ with your verified Easy Crypto account.

Create your Stablecoin order

For many people, making an order to buy Stablecoins can feel very unfamiliar and a little scary at first. From my personal experience, this is universal, and it’s expected you’ll feel some sort of fear or stress buying Stablecoins for the first time.

But don’t worry, I’m right here to walk you through.

Through ECNZ, you can purchase as little as $50 NZD worth of Tether, so we’d recommend starting with a small amount to help make you more comfortable for your future orders.

A) Head back to the Easy Crypto NZ homepage and navigate to the exchange widget

Easy Crypto home page

B) Insert the NZD dollar amount of how much Bitcoin you wish to buy, and click ‘Buy Now’

Easy Crypto NZ Bitcoin Exchange Widget

C) Provide Easy Crypto with your Stablecoin wallet address, and click ‘Next Step’

Provide your Bitcoin wallet

Note – It is extremely important you provide EC with your correct wallet address.

D) Select your payment method, and follow through with it!

Select your payment method

You have three options for payment methods:


A payment tool that allows you to sign in with your bank account and pay instantly from any account of your choosing. Learn more about Account2Account.


Another payment tool that allows you to pay instantly, directly from your bank account. Learn more about POLI Pay.

Manual Bank Deposit

The old classic manual bank transfer. Easy Crypto provides you with an account, an amount and a reference number, and you deposit NZD into it.

Recommendation – Account2Account; it’s easy, trusted, and allows you to pay for your order instantly. This means your order completes instantly, so you receive your crypto near-instantly too. Manual bank transfer on the other hand can take up to 2 hours, a whole night, or even the weekend.

Wait for your Tokens to arrive

Now that you’ve paid and your order is complete, the final step is to hold tight while Easy Crypto NZ delivers your Stablecoins to your wallet. This usually takes between 5-30 minutes, so check back with your crypto wallet shortly, it is on its way!

If you don’t receive your Tokens within an hour, you can reach out to the Easy Crypto helpdesk to discover the status of your order, which you can also find on your ‘My Orders’ page under ‘My Account’.

FAQs about Stablecoins in New Zealand

Tether (USDT), USD Coin (USDC), and Dai (DAI) are among the most widely recognized and used stablecoins. Each of them has different mechanisms for maintaining stability.

Are stablecoins safe to use in NZ?

The safety of stablecoins depends on various factors, such as the transparency of the stablecoin issuer, the underlying mechanisms used to maintain stability, and the security of the blockchain technology employed. It is important to conduct thorough research and use reputable platforms.

Stablecoins offer the benefits of cryptocurrencies, such as fast and secure transactions, while minimizing the price volatility associated with other digital assets like Bitcoin and Ethereum. They provide a reliable alternative for individuals seeking stability in the crypto market.

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Disclaimer: All content in this guide is intended for educational purposes only and should not be interpreted as financial advice. As an individual, you are entirely responsible for how you conduct your investments and manage your cryptocurrency interests. It is exclusively your own responsibility to perform due diligence and Cryptocurrency NZ recommends taking extreme care and caution with crypto and are not responsible for the outcomes, management, or oversight of your activities.