The best bitcoin exchange in New Zealand: sites to buy and invest in cryptocurrencies

The popularity of bitcoin and cryptocurrencies is here to stay. The profitability that they can achieve it is simply incredible and although they will have their pluses and minuses, investors already know that they must keep an eye on them. Along with its fame, scams and frauds have appeared, so we decided to take the plunge and look for the best bitcoin exchange to invest in this and other cryptocurrencies.

According to the test of Estafa.info, the best web to invest in bitcoin and cryptocurrencies is eToro .

The cryptocurrency market is very wide and while some platforms focus on the most popular, others offer a great diversity of exotic currencies. That's why, generally, it's a good idea to have a account on more than one platform . To do this, we offer you a list with the best exchanges to buy bitcoin and invest in cryptocurrency.

Investing online allows you to earn money or even work from anywhere. All you need is a computer and an internet connection. Sometimes even a smartphone can be enough, although to trade consistently, we think that the desktop computer gives more options.

Buy bitcoins it's not a decision you should take lightly . The volatility is very high, so you should do it wisely. With the rest of cryptocurrencies, this fact is enhanced. The good news is that these currencies are designed to go up in the long run. Not all of them will do it, since they require to have a good acceptance and offer security, but there are undoubtedly huge opportunities right now in the markets. Therefore, finding a good trading website to invest in bitcoin online with total security is crucial.

Prudence should also accompany you when choosing the best bitcoin exchange. If you only want to buy cryptocurrencies, perhaps the best option is Coinbase . Now, if what you want is to invest in pairs, as if it were the the FOREX market the options vary greatly depending on personal tastes. What is clear, is that one of the fundamental sections is the security and avoid frauds and scams . If you suffer from just one of these situations, it will spoil your long-accumulated profitability. The good news is that we are here to help.

How is a safe platform to invest in bitcoin

The main problem of cryptocurrencies is that they are not regulated by the national stock markets. Therefore, we cannot say that such a company is licensed by such a financial authority and such another is not. However, there are many indications to know if a company is legitimate.

A secure bitcoin exchange for buying this or any other cryptocurrency (litecoin, ethereum, etc.) is characterized by not be in a tax haven and demonstrate an effort to comply with regulations as they go out and even taking proactive steps to encourage safety.

A basic safety measure is the two-step authentication system , which they usually implement through the Google Authenticator or similar apps. It consists in that when trying to log in or carry out some other activity such as an operation or an income, a unique code is generated that you receive on your smartphone through the app and that you must enter on the web. This way, only someone who has access to your mobile phone can know the code. Most investment platforms offer the possibility of implementing this system in their preference settings, and we certainly recommend that you do so to avoid scams.

Another security measure that should never be missing is the SSL encryption . It is essential that it exists when you log in to the page and when you upload your documents for identity verifications, address, etc.

As for funds in real currencies such as the dollar, dollar, etc. the safest companies use segregated accounts , which imply that your money is only used for your investments and not for the current expenses of the company. With cryptocurrencies they do something similar. They call it cold wallet or hardware wallet. The standard is to keep 98% of cryptocurrency funds in a cold wallet that would be unattainable by a hacker. In such a way that if there is a security breach on the platform, they can only steal 2%.

What is a cryptocurrency exchange?

There are more and more possibilities to trade cryptocurrencies, as they have become in a very short time a very attractive asset . The bitcoin or some of the other most popular cryptocurrencies bosas allow you to invest on the up and down movements of cryptocurrencies.

Trading is carried out against a conventional currency, that is, in pairs, for example, bitcoin/dollar taking a financial position with regard to the value of the currency. It can also be done through crypto/crypto pairs, that is, taking the financial position against another cryptocurrency. Basically it's about speculating on prices and investing in bitcoin or some other cryptocurrency.

The contracts for difference or CFDs they are a way of trading cryptocurrencies and offer a number of advantages: flexibility, leverage and taking buy (long) or sell (short) positions. Leverage allows you to improve your margin thanks to a small initial deposit. There are also trading markets that allow you to acquire cryptocurrencies and create your own wallet.

Accessing an online exchange where to buy bitcoin is the best way to carry out safe and efficient trading.

Why are there so many scam rumors in bitcoin trading and buying?

Although there have been real scams in bitcoin and cryptocurrency trading, the truth is that there has been much more concern than necessary about the delays of support services of the platforms that operate this type of bitcoin exchange.

Until relatively recently, almost no one traded on the bitcoin exchange. But in 2017 the fever of a currency that rose and rose non-stop arose. It appeared in the newspapers and on television and many wanted to get in. This resulted in a barrage of new users for the websites that operate some bitcoin exchange.

Precisely, for security reasons, many platforms do not deposit the money into the user's account until their identity is verified. But with the large number of users entering them, the times got too long. The staff was so saturated that they also did not answer questions. Therefore, many users became alarmed. They had sent money and it did not appear, in fact, not only that, but they did not even answer the messages, because the agents were exclusively dedicated to verifying accounts.

Over time the situation has been normalizing. On the platforms we suggest in Estafa.info , all users have received their money, provided that they have sent it correctly. Which brings us to another risk factor. There are not a few users who try to send ethereum to a litecoin account or bitcoin to a bitcoin cash account. These failures are the responsibility of the users. You should always double check that you send the right currency to the right wallet . If you don't, the platform will try to help you, but it won't always be possible.

How to choose where to buy bitcoin and other cryptocurrencies

In Estafa.info we try to make reviews of platforms to buy and sell cryptocurrencies that are useful for those who are deciding where to invest in bitcoin online. To do this, we looked at some factors that we consider important so that each reader can choose which bitcoin exchange best suits their personal needs.

Main features of the best bitcoin exchanges:

• • ✅ Security: regulations and authentication system
  • 🥇 Customer service: fast and efficient
  • 📲 Mobile app: mobile accessibility that allows trading
  • 💳 Payment methods: SEPA transfers and income to cryptocurrency wallets
  • 💸 Commissions on purchase and sale transactions: usual of 0.25 % and to the downside
  • 💲 Offer of cryptocurrency pairs for investing: the most popular and even with respect to the dollar and...

With these six factors you already have a good decision base. From them, ask yourself what you are personally looking for in a bitcoin or other cryptocurrency exchange. Take a look at their websites, register on them, since it's free, and decide which one or which ones you want to invest in.

How to invest in bitcoin

There are two basic ways to make investments with cryptocurrencies, either bitcoin, ethereum or some other in one of the bitcoin exchanges that we have shown you.

One is buy the cryptocurrency , wait for its value to rise while it is kept stored in an electronic wallet and sell it when it has been revalued.

The second is to buy a pair of cryptocurrencies, exactly the same as it is done in the forex market . This way is generally much faster to generate profits or losses that justify closing the operation. Therefore, whenever you do, you must manage your risk by establishing profit and loss stops. The volatility is so high that a few hours of carelessness can mean a lot of money.

The main instrument for investing is technical analysis. But keep in mind that according to experts, for a technical analysis to be valid it must be made on an asset with sufficient liquidity . In the case of more exotic cryptocurrencies, the charts can be misleading.

The blacklist of risky bitcoin exchange websites to avoid

Thanks to our research when searching for the best bitcoin exchange, we have detected some very dubious websites and blacklisted them. In this list we have collected the suspicious exchange portals that need to be avoided, as they do not provide any warranty of the ones we usually see on the best platforms to invest in bitcoin online.

Below you can check which websites are unreliable that should be avoided due to the danger of scams and fraud, identity theft or money.

• Bitqh
• Trust Investing
• Bitcoin Was
• Bitcoin System
• Bitcoin Code
• Bitcoin Profit
• Immediate Edge
• Bitcoin Storm
• Bitcoin Up
• Yuan Pay Group
• Crypto Cash
• Crypto Hopper
• Bitcoin Bank
• 1k Daily Profit
• Bitcoin Circuit
• Bitcoin Pro
• Bizz Trade

Finding

Currently bitcoins and cryptocurrencies are used to buy clothes and many other things; there are even some casinos that offer bitcoin to deposit. Apart from that, buying and selling cryptocurrencies or investing in bitcoin or cryptocurrency pairs it can be very interesting financially. But as in any type of financial market, what can go up quickly, can also go down, so it is important to invest with caution and knowing what is done after a good analysis.

What you should never be willing to do is overlook security. There are good platforms of dedicated companies that offer a good security guarantees when it comes to avoiding scams and scams. Opting for an unknown bitcoin exchange that has an incredible offer can be one of the worst decisions since robberies should never be a possibility in your investment strategy.

To help you choose the best bitcoin and cryptocurrency exchange, we have prepared our reviews with an exhaustive analysis of each one. Information is not always easy to get and we wanted to collect it for you. So we just have to hope that you get to have success with your investment and start this beautiful project with our help.

Frequently asked questions about the bitcoin exchange

In this section we want to present some of the most common questions that come to our editorial office from readers . Trading cryptocurrencies is not easy although it can be quite exciting. Therefore, many questions are generated, some of which can help you continue in your effort to find a reliable bitcoin exchange through which to invest in cryptocurrencies.

🏆 Which is the best place to invest in bitcoin online?

The best thing is always to enter recommended pages, evaluated by experts who guarantee that these are websites and without scams. Take a look at our top 6 of platforms contrasted with bitcoin exchange.

💶 How do you do to invest in bitcoin?

It's very simple. Access a special cryptocurrency trading page. We have analyzed some of the best in New Zealand . In them you will be able to operate quickly and easily to make your investments in bitcoin or other cryptocurrencies. Take into account the enormous volatility of the currency so as not to fall into mistakes that make you lose money.

🆗 Where to buy bitcoin safely?

We have shown which aspects are the main ones that should be taken into account when buying bitcoin or other cryptocurrencies. If you enter in any bitcoin exchange here you can check everything you have to look at, such as security or commissions for operations.