10 Best Crypto Exchanges in New Zealand

·

Choosing the right cryptocurrency exchange is crucial for traders in New Zealand, whether you're just starting out or have years of experience. With a growing number of platforms offering diverse features—from low fees and strong security to advanced trading tools and access to hundreds of digital assets—it's essential to understand which exchanges truly stand out. This guide breaks down the top 10 crypto exchanges in New Zealand, evaluating them based on security, fees, available cryptocurrencies, user experience, and regional accessibility.

Why Choosing the Right Exchange Matters

The crypto market is dynamic and fast-moving. A reliable exchange ensures your funds are secure, transactions are smooth, and tools are available to support your trading strategy. For New Zealanders, factors like NZD deposits, regulatory compliance, and local customer support can significantly impact usability.

1. Gemini

Founded in 2014 by the Winklevoss twins, Gemini is a U.S.-regulated exchange known for its strong security protocols and compliance focus. It's an excellent choice for investors who prioritize safety and transparency.

Gemini supports over 100 cryptocurrencies, including major ones like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The platform offers spot trading and staking with fees ranging from 0.00% to 0.40%, depending on trading volume. It’s accessible in more than 60 countries, including New Zealand.

👉 Discover a secure and compliant platform designed for long-term crypto investors.

Key Features:

2. Bitget

Launched in 2018, Bitget has rapidly gained popularity across Asia and Oceania, including New Zealand. It stands out for its copy trading feature, allowing users to mirror trades from experienced investors.

With support for 500+ cryptocurrencies, Bitget offers both spot and futures markets. Trading fees are highly competitive: 0.02% for makers and 0.06% for takers in futures trading.

The platform serves users in over 100 countries and emphasizes robust security through cold storage and 2FA.

Key Features:

3. Binance

As the world’s largest crypto exchange by trading volume, Binance (founded in 2017) offers unparalleled access to digital assets—over 350 cryptocurrencies, including BTC, ETH, BNB, and numerous altcoins.

Binance provides a full suite of services: spot trading, futures, staking, savings, and even launchpad opportunities for new tokens. Standard trading fees start at 0.10%, with reductions available when paying fees in BNB.

Available in over 180 countries, including New Zealand, Binance combines deep liquidity with powerful tools for both beginners and professionals.

Key Features:

4. Coinbase

Established in 2012 and publicly traded on NASDAQ, Coinbase is one of the most trusted names in crypto. Known for its regulatory compliance and beginner-friendly design, it's ideal for new users entering the market.

Coinbase lists over 250 cryptocurrencies, including BTC, ETH, and ADA. Fees vary between 0.00% and 0.60%, depending on trade size and account type.

While the main platform focuses on simplicity, Coinbase Pro offers advanced order types for experienced traders.

Key Features:

5. Kraken

Launched in 2011, Kraken is one of the oldest and most respected exchanges globally. It's renowned for its security, transparency, and regulatory compliance, making it a top pick for New Zealand traders.

Kraken supports over 200 cryptocurrencies, including BTC, ETH, and Polkadot (DOT). It offers spot trading, staking, futures, and margin trading. Fees start at 0.16% for makers and 0.26% for takers.

With operations in over 190 countries, Kraken also conducts regular proof-of-reserve audits.

Key Features:

6. Bybit

Founded in 2018 and based in Dubai, Bybit has become a go-to platform for derivatives traders. It supports over 500 cryptocurrencies and offers spot, futures, options, and copy trading.

Non-VIP spot fees are set at 0.1%, while futures fees go as low as 0.02% (maker) and 0.055% (taker).

Despite a security incident in early 2025, Bybit has since enhanced its infrastructure with improved safeguards.

Key Features:

7. MEXC

Headquartered in Seychelles since 2018, MEXC stands out for its vast asset selection—over 2,800 cryptocurrencies and 3,100+ trading pairs.

It charges no maker fees on spot trades and just 0.05% taker fees, making it one of the most cost-effective platforms. Futures fees drop to 0.02%.

MEXC operates in over 170 countries and supports fiat deposits in NZD through partners like Banxa and Simplex.

👉 Explore an exchange with lightning-fast listings and ultra-low fees.

Key Features:

8. KuCoin

Launched in 2017, KuCoin offers over 700 cryptocurrencies, making it ideal for traders seeking exposure to low-cap altcoins.

It provides spot trading, futures, margin trading, staking, and AI-powered trading bots. Standard fees are 0.1% for both makers and takers, with discounts for KCS token holders.

Operating in over 200 countries, KuCoin uses third-party providers for fiat onboarding.

Key Features:

9. OKX

Founded in 2017 and now U.S.-based, OKX ranks among the world’s top exchanges. It supports over 400 cryptocurrencies, including BTC, ETH, and OKB.

OKX offers spot, futures, options, margin trading, DeFi integration, and staking. Spot fees start at 0.08% (maker) and 0.10% (taker).

Available in over 190 countries, OKX uses cold storage, 2FA, and regular proof-of-reserve audits to ensure safety.

👉 Access advanced trading tools and DeFi services on a globally trusted platform.

Key Features:

10. Uphold

Based in New York since 2015, Uphold is a multi-asset platform supporting over 300 cryptocurrencies, fiat currencies, and even precious metals.

Its standout feature is “Anything-to-Anything” trading—users can swap any supported asset directly without intermediate steps.

Fees are higher—around 1.4% for BTC and ETH trades—but justified by convenience and flexibility.

Key Features:

Frequently Asked Questions (FAQ)

Q: Are crypto exchanges legal in New Zealand?
A: Yes, cryptocurrency exchanges are legal in New Zealand under the Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) Act. Platforms must register with the Department of Internal Affairs.

Q: Can I buy crypto with NZD?
A: Yes, most top exchanges support NZD deposits via bank transfer or third-party payment processors like Banxa or Simplex.

Q: Which exchange has the lowest fees?
A: MEXC offers zero maker fees and low taker fees (0.05%), making it one of the most affordable options for active traders.

Q: Is my crypto safe on these exchanges?
A: Reputable platforms use cold storage, 2FA, insurance funds, and regular audits to protect user assets. However, storing large amounts in personal wallets is still recommended.

Q: Do I need to pay tax on crypto gains in NZ?
A: Yes, the Inland Revenue Department (IRD) treats crypto as property. Gains may be taxable if you're trading frequently or running a business.

Q: Which exchange is best for beginners?
A: Coinbase and Gemini are highly recommended due to their intuitive interfaces, strong security, and educational resources.

Final Thoughts

New Zealand offers access to some of the world’s leading cryptocurrency exchanges. Whether you value low fees (MEXC), regulatory trust (Gemini), diverse assets (KuCoin), or advanced tools (OKX)—there’s a platform tailored to your needs.

When choosing an exchange, consider your goals: Are you a long-term holder or an active trader? Do you prioritize ease of use or maximum functionality? Answering these questions will guide you toward the best fit.

By focusing on security, cost-efficiency, and user experience, you can confidently navigate the digital asset landscape from anywhere in Aotearoa.