{"id":8631,"date":"2023-03-28T19:41:42","date_gmt":"2023-03-28T06:41:42","guid":{"rendered":"https:\/\/cryptocurrency.org.nz\/?p=8631"},"modified":"2024-02-02T15:30:08","modified_gmt":"2024-02-02T02:30:08","slug":"buy-binance-coin-nz","status":"publish","type":"post","link":"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/buy-binance-coin-nz\/","title":{"rendered":"How to Buy Binance Coin in New Zealand – NZ Crypto Guide (2024)"},"content":{"rendered":"\t\t
For Kiwis venturing into the world of cryptocurrencies<\/a>, buying Binance Coin (BNB) can be an exciting task. Platforms such as Binance NZ<\/a><\/span>\u00a0and\u00a0Easy Crypto NZ<\/a>\u00a0<\/span>make it simple.<\/span><\/p> To get started, it\u2019s important to understand the basics of Binance’s vision and technology. Once familiarized with BNB, selecting a secure cryptocurrency wallet<\/a><\/span>\u00a0is a curial step.<\/span><\/p> Related Guides:<\/strong><\/span><\/p> How to Buy Cryptocurrency in NZ \u2013 Step-by-Step Guide (2024)<\/a><\/strong><\/p> Best Cryptocurrency Exchanges in NZ – NZ Crypto Guide (2024)\u00a0<\/b><\/a><\/p> What is Binance Coin NZ \u2013 New Zealand\u2019s Crypto Guide (2024)<\/a><\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t New Zealanders have a variety of options to buy Binance Coin (BNB). You can choose from a range of crypto exchanges<\/a>, brokerages<\/a>, and P2P marketplaces<\/a> available in NZ. <\/span><\/p> These platforms offer user-friendly interfaces, making it easy for you to purchase Binance Coin (BNB) using New Zealand dollars or other cryptocurrencies.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t Quickest way to Buy Binance Coin<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Binance<\/a>,<\/b>\u00a0the world’s largest crypto exchange, is a highly popular platform for Kiwis interested in crypto trading in NZ.\u00a0 Website:<\/b>\u00a0www.binance.com\/nz<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t Here at\u00a0<\/span>Cryptocurrency NZ<\/a>, we have used Binance for over 4 years without any issues.\u00a0<\/span><\/p>\n Binance is the world’s largest crypto exchange, accounting for over 40% of the total crypto market’s trade volume. They have world class platform, access to liquidity, a plethora of coins to trade and are known to be reliable and secure.<\/span><\/p>\n They are however still a centralized exchange and the age old ‘not your keys, not your crypto’ still applies. We don’t recommend storing large amounts of coin long term on exchanges and instead recommend using a hardware wallet<\/a>.\u00a0<\/p>\n If you’re a day trader, looking to swing trade or practice technical analysis and chart drawing, Binance is very solid.\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Pros of Binance NZ<\/span><\/strong><\/p><\/div><\/div> \u2714\ufe0fPlethora of coins:<\/strong> Humongous selection of cryptocurrencies available for trading.<\/span><\/p> \u2714\ufe0f\u00a0Competitive Rates:<\/strong>\u00a0Famously low trading fees, especially for high-volume traders and those who hold BNB.\u00a0<\/span><\/p> \u2714\ufe0f<\/b>\u00a0SAFU Fund:<\/strong>\u00a0Binance has a \u201cSAFU\u2019 fund to protect users in the event of a security breach or hack.<\/span>\u00a0Learn more.<\/a><\/p> \u2714\ufe0f Registered in NZ:\u00a0<\/b>Binance is a registered Financial Service Provider in NZ.\u00a0\u00a0<\/span><\/p> \u2714\ufe0f Advanced Features: <\/b>Offers world class trading tools and charts.<\/span><\/p> \u2714\ufe0f IOS & Android:\u00a0<\/b>Mobile apps available for trading on-the-go.<\/span><\/p><\/div><\/div><\/div><\/div> Cons of Binance NZ<\/span><\/p><\/div><\/div> \u274c\u00a0Regulatory exposure:<\/strong>\u00a0Ongoing regulatory scrutiny and potential for government restrictions.<\/span><\/p> \u274cMixed Reviews:<\/strong>\u00a0Some negative user reviews and complaints about poor customer service.<\/span><\/p> \u274c\u00a0High withdrawal fees:\u00a0<\/strong>Withdrawing some coins can be higher than fifty dollars, depending on market prices.<\/span><\/p> \u274c\u00a0Customer Support:<\/strong>\u00a0Limited customer support during high-traffic periods\u00a0<\/span><\/p> \u274c\u00a0Centralized Exchange:<\/strong>\u00a0Potential for hacking or security breaches.\u00a0<\/span><\/p> \u274c\u00a0KYC:<\/strong> You have to verify your identity in order to buy or sell. This data is then passed on to the government.\u00a0<\/span><\/p> Binance has has over 6,000 staff globally, and since registering in Zealand in September 2022 as a Financial Services Provider, they have invested heavily into marketing, complying with NZ regulations and developing an NZ based team.\u00a0<\/span><\/span><\/p>\n Ben Rose, Binance’s CEO is a member on the\u00a0<\/span>Blockchain NZ council<\/a>, and many of the Binance NZ team are public.\u00a0<\/span><\/p>\n Binance is an international exchange, headed and founded by Changpeng Zhao (CZ), one of the most well known and trusted crypto developers and entrepreneurs in the world. Binance NZ is in it’s early days, but is gearing for the long haul.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Easiest way to Buy Binance Coin<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Easy Crypto NZ <\/b><\/a>is New Zealand\u2019s most popular crypto retailer, making it safe, fast, and easy for Kiwis to buy and sell over 110+ cryptocurrencies in minutes.<\/p> Website:<\/b> www.easycrypto.ai\/nz<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t Here at Cryptocurrency NZ<\/a>, we’ve used\u00a0<\/span>Easy Crypto<\/a>\u00a0without any issues for over 5 years.\u00a0<\/span><\/p>\n They’ve helped mainline hundreds of thousands of New Zealanders into the cryptocurrency markets.\u00a0<\/p>\n Easy Crypto is a re<\/span>putable, reliable and Kiwi focused crypto retailer who without a doubt achieves their mission of making it safe, fast and easy for Kiwis to buy and sell Bitcoin and 160+ other coins in NZ. <\/span><\/p>\n EC typically provide rapid order speeds through their simple interface and are well suited to first time crypto investors.<\/span><\/p>\n Our biggest critique would be EC\u2019s excessive compliance program, requiring users to jump through increasingly heavier identity and source of funds verification steps for users seeking to acquire privacy coins such as Monero (XMR).<\/span><\/p>\n For privacy focused users, non-KYC\u2019ed options such as the NZ P2P Crypto Marketplace<\/a>\u00a0may be better suited.\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t Pros of Easy Crypto NZ<\/span><\/strong><\/p><\/div><\/div> \u2714\ufe0f B<\/b>eginner friendly:\u00a0<\/b>Easy Crypto\u2019s\u00a0interface is well suited to first time or casual investors.\u00a0<\/span><\/p>Can I Buy Binance Coin in NZ?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Best places to Buy Binance Coin (BNB) in NZ<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
Binance NZ <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Binance offers over 1400 trading pairs, such as NZD to BTC, with some of the lowest fees in the industry.<\/span><\/p>\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhy We Recommend Binance NZ<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tPros & Cons <\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tReputation<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t
Easy Crypto NZ<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tWhy We Recommend Easy Crypto NZ<\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t
\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tPros & Cons <\/a>\n\t\t\t\t\t<\/h4>\n\n\t\t\t\t\t