Can you buy Crypto on Cooperative Bank Account New Zealand?
Cooperative Bank does not currently offer any services for buying and selling digital assets. However, you can link your Cooperative Bank account to a trusted cryptocurrency exchange such as Coinspot, which allows instant transfers between Cooperative Bank accounts and Coinspot accounts.
How to Buy Ethereum, Bitcoin and other Crypto with a Cooperative Bank Account?
CoinSpot, a cryptocurrency exchange platform, is the best place for Cooperative Bank customers to buy cryptocurrencies. They offer free deposits and withdrawals and competitive trading fees.
The following is a guide on how to get started.
Step 1 - Sign up on the Coinspot platform.
Step 2 - Once you've completed the verification process, you'll be all set up to start using your account.
Step 3 - To fund your account go to the 'Deposit NZD' screen and connect your Cooperative Bank account.
Step 4 - Deposit the amount of NZD you want to invest into your account
Step 5 - Click the "BUY/SELL" button tab in the menu, then select the cryptocurrency you want to buy.
How long does it take to deposit NZD into CoinSpot?
When you use BPAY, POLi and Direct Deposit to deposit funds, your deposit will be processed immediately and made available in your account straight away. If you use a credit card to buy Bitcoin or any other cryptocurrency, it will typically take around 30 minutes for the transaction to appear in your CoinSpot account.
Cooperative Bank Crypto Policy
Cooperative Bank customers may use a variety of platforms to trade digital assets. The bank does not endorse or verify the quality, security, or legality of any of these platforms, but has reviewed their eligibility requirements and found them acceptable for customers who wish to trade digital assets.
Current Price of Bitcoin in NZD
