Table of Contents
- Can I buy Crypto with Bendigo Bank?
- How to buy Crypto with a Bendigo Bank account
- Kiwi Banks current stance on Crypto Currency
- Current price of Bitcoin NZD
Can I buy Cryptocurrency with Kiwi Bank?
New Zealanders cannot currently buy Bitcoin or other cryptocurrencies directly through their Kiwi login.
Although Kiwi Bank is crypto-friendly, it does not yet support Bitcoin or cryptocurrency exchanging directly through the Kiwi Bank online platform.
The easiest and safest way to purchase Bitcoin with your Kiwi bank is by using an exchange such as CoinSpot.
CoinSpot offers secure cryptocurrency trades with bank-level security, directly from your Kiwi bank account.
How to buy Crypto with a Kiwi Bank account
To purchase crypto with your Kiwi Bank account in Australia or New Zealand, the easiest and safest platform is Coinspot.
- Step 1: Sign up to CoinSpot. You can do this through our referral link here.
- Step 2: CoinSpot requires you to verify your identity when signing up and activating your account. This process only takes a few moments.
- Step 3: Choose your payment method - Kiwi Bank Payments or POLi Payments.
- Step 4: To deposit AUD/NZD, enter the amount in the box and click 'Buy AUD/NZD'. If you choose Bitcoin (BTC) or any other cryptocurrency, the funds will be automatically converted into that currency.
Congratulations! You have now successfully purchased BTC or ETH in Australia with CoinSpot using Kiwi Bank!
Kiwi Banks current stance on Crypto Currency
”We are generally happy for customers to transact in Bitcoin or other cryptocurrencies, using their Kiwibank accounts, when it is for their own personal use. However, as with any transaction (cryptocurrency-related or otherwise), if we suspect that it may be associated with illegal activity, our usual systems will kick in to prevent this activity.
At the moment we’re also not able to provide banking services to businesses or people who are handling cryptocurrency on behalf of third parties (for example, running a cryptocurrency exchange). This is because the nature of cryptocurrencies plus handling transactions for the benefit of third parties increases anonymity too much.”
Current Price of Bitcoin in NZD
Other Bank, Crypto Buying Guides:
If you have multiple accounts and are looking to find out how to transfer your money the same process will apply. Check these other guides out for more details.
