AUCKLAND - Trading on Easy Crypto has officially ended after eight years, with the platform ceasing all New Zealand trading activities as of March 30.
Users are now required to switch to Swyftx.
Swyftx New Zealand head Paul Quickenden confirmed the closure.
"After 8 years of trading and being trusted by NZ consumers, Easy Crypto ceased trading today" he said.
“We will now be focused on retiring systems that are no longer in use, however the site will remain available for some time to come, so people can download their trading history" he added.
Swyftx has ramped up direct contact, including personal phone calls from its Brisbane team to non-migrated customers, offering assistance and live support.
End of an era for New Zealand's largest crypto platform
Easy Crypto launched in 2018 and grew into New Zealand’s biggest crypto exchange, with more than 350,000 users and over NZ$3.5 billion in cumulative transactions before its acquisition in March 2025.
The deal consolidated operations under the Australian platform, which now serves more than 1.5 million sign-ups across Australia and New Zealand.
Swyftx has promoted the switch as delivering more coins, cheaper fees and additional services.
Quickenden highlighted the appeal of the local market.
"The NZ ecosystem is very appealing to Swyftx, there is clearly a lot of room for growth and it has a welcoming regulatory landscape which makes it an attractive place to continue to do business," he said.
Direct calls target remaining customers
Calls originating from Brisbane are reaching users who have not yet migrated, offering comfort with the switch over process and guiding Easy Crypto users through account setup and identity verification on Swyftx.
Fate of the brand, wallet and assets
When asked about the future of Easy Crypto's IP, website, social media accounts and knowledge base, Paul Quickenden responded:
"Swyftx owns all the assets, branding and social media, so they will stay with the group".
The Easy Crypto Wallet app, which is self-custodial, has begun reducing services. Users retain control of their private keys and must manually migrate any funds to other wallets.
Swyftx is a custodial platform, where funds are stored in Swyftx.com accounts.
Separately from the core exchange, Swyftx is in talks to divest its New Zealand Digital Dollar stablecoin (NZDD), originally launched by Easy Crypto in 2023.
Demand for the locally backed NZDD has yet to gain meaningful traction.
Easy Crypto Australia had already been absorbed into Swyftx last year as a much smaller operation.
Easy Crypto South Africa continues to operate independently under the Easy Crypto brand, with its own local operations and website.
It was not part of the Swyftx migration that affected New Zealand users.
Easy Crypto Brazil was launched in 2021 but never gained meaningful traction and is no longer active.
Trading logs remain downloadable from the Easy Crypto site for the time being.