Founded in 2017 Dasset is one of New Zealand’s legacy cryptocurrency exchanges, offering Kiwis a secure means to buy, sell and exchange cryptocurrency at low cost in NZ.
Cryptocurrency NZ dive deeper on how it works and the plethora of features it has to offer.
What is Dasset in New Zealand?
Dasset is a New Zealand-based cryptocurrency exchange that provides users with access to over 100 digital assets, including Bitcoin and Ethereum. The company is located in Auckland, New Zealand, and aims to help create a world of universal financial access by providing secure and reliable cryptocurrency trading services to its customers.
Dasset offers a user-friendly trading platform that is designed to meet the needs of retail customers, professional traders, and institutional customers. The platform allows users to buy, sell, and trade cryptocurrencies using NZD or other fiat currencies.
History of Dasset in NZ
Dasset was founded in 2017 by Stephen Macaskill, a New Zealand-based entrepreneur and investor with a background in finance and technology. The company was established to provide New Zealanders with a reliable and secure platform for buying, selling, and trading cryptocurrencies, as there was a lack of such services in the country at the time.
Initially, Dasset only offered trading services for Bitcoin and Ethereum. However, the exchange later expanded its offerings to include other cryptocurrencies such as Litecoin, Ripple and others. The exchange also added support for more fiat currencies.
Pros and Cons of Dasset NZ
|✔️ New Zealand-based: As a New Zealand-based exchange, Dasset offers local support and compliance with NZ regulations.||❌ Limited coin selection: Dasset currently only supports a handful of cryptocurrencies, which may not be sufficient for those looking to trade more exotic altcoins or tokens.|
|✔️ Easy to use: Dasset offers a user-friendly interface, making it simple for beginners.||❌ Limited trading volume: Dasset has lower trading volume compared to larger exchanges.|
|✔️ Low fees: Dasset has some of the lowest trading fees among New Zealand-based exchanges, which can make it an attractive option for cost-conscious traders.||❌ Limited payment options: Dasset currently only supports bank transfers, which may not be as convenient as other payment methods like credit cards or online payment systems.|
Cryptocurrencies Available on Dasset NZ
Dasset has over 100 Cryptocurrencies pairs including Bitcoin, Ethereum, and Dogecoin available to trade with NZD. The exchange also regularly updates its list of supported cryptocurrencies, so you should check the platform for the most up-to-date information.
Dasset NZ Exchange Fees
Dasset charges trading fees on both maker and taker orders, which are based on a user’s trading volume over a 30-day period. Here are the current fee schedules for Dasset:
|Taker fee||Maker fee|
|Limit Orders – National currency markets||0.35%||0.33%|
|Limit Orders – Digital asset markets||0.10%||0.08%|
|Market Orders & Retail||1.00%||1.00%|
Detailed version of Dassets fees can be found here.
Security on Dasset NZ
Dasset NZ takes security very seriously, implementing a range of measures to protect users accounts and assets. Here are some of the security features on Dasset NZ:
Two-factor authentication (2FA): Dasset Exchange requires New Zealanders to enable 2FA for all logins and withdrawals to add an extra layer of security.
Cold storage: The majority of users’ assets are stored in cold storage wallets, which are offline and not accessible via the internet. This helps to prevent hacking and theft.
Regular security audits: Dasset conducts regular security audits and penetration testing to identify and address any potential vulnerabilities in its system.
Anti-money laundering (AML) and Know Your Customer (KYC): Dasset requires users to undergo a strict verification process to comply with AML and KYC regulations.
Employee background checks: Dasset conducts thorough background checks on all employees to prevent insider threats that could harm its users.
SSL encryption: Dasset uses SSL encryption to protect users’ personal information.
Opening a Dasset NZ Account
To open a Dasset NZ account in New Zealand, follow these steps below:
Go to the Dasset website at https://dassetx.com/.
Click on the “Sign Up” button at the top right-hand corner of the homepage.
Enter your email address, create a strong password, and agree to the terms and conditions.
Verify your email address by clicking on the link sent to your email inbox.
Log in to your account and complete the verification process by providing your personal information, including your full name, date of birth, address, and phone number.
Verify your identity by providing a government-issued ID, such as a passport or driver’s license, and a selfie of yourself holding the ID.
Once your account is verified, you can deposit funds into your account using New Zealand dollars (NZD) or other fiat currencies and start trading cryptocurrencies.
Dasset NZ's Significant Platform Features
Dasset offers an instant swap feature that allows New Zealander’s to quickly exchange one cryptocurrency for another without having to go through a traditional buy and sell order process. This feature is useful for traders who want to quickly adjust their portfolio without having to wait for buy and sell orders to execute.
Dasset’s Auto Buy feature allows kiwis to set up automatic purchases of cryptocurrencies, such as on the daily, weekly, or monthly. This feature is useful for traders who want to accumulate a specific token over time without having to manually place buy orders.
Dasset’s user-friendly dashboard provides users with a quick overview of their portfolio, including balances, recent transactions, and market data. The dashboard also includes advanced charting tools and price alerts to help users make informed trading decisions.
Dasset’s trading platform allows users to trade a wide range of cryptocurrencies against NZD and other fiat currencies, as well as against other cryptocurrencies. Dasset supports both limit and market orders, as well as stop-loss orders to help traders manage risk.
Dasset has a customer support team available to assist kiwis with any issues or questions you may have. The customer support team can be reached through these channels.
Email support: Users can send an email to [email protected] to reach Dasset’s customer support team. The team generally responds within 24 hours.
FAQ section: Dasset has a comprehensive FAQ section on its website that provides answers to many common questions about the platform, including information about deposits, withdrawals, trading, and account security.
Cryptocurrency NZ believes Dasset Exchange is a reputable crypto exchange that has gained popularity among traders in New Zealand. The exchange provides a user-friendly platform, a wide range of supported cryptocurrencies, and competitive trading fees.
One of the key advantages of Dasset is being a local exchange. This means that kiwis can enjoy the benefits of a platform that is tailored to New Zealanders with local NZ support.
Additionally, Dasset is registered with the New Zealand Financial Service Providers Register, which provides an additional layer of regulatory oversight and security.