Summary: BNZ Bank does not provide a way for it's customers to directly buy cryptocurrencies like Bitcoin via its banking platform. It's customers can however use their BNZ account to deposit funds to a third-party exchange. Two regulated exchanges that we recommend for their ease of use and security are eToro and Uphold. These are beginner friendly platforms that offer a wide variety of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and more!
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Although it is not possible to make direct cryptocurrency purchases through BNZ Bank, you can still enter the exciting world of digital currencies by using your BNZ Bank account. The process involves signup up to a regulated exchange and connecting your BNZ Bank account.
In this way, BNZ Bank account holders can indirectly purchase cryptocurrencies through regulated exchanges, despite the lack of direct purchase options available.
After signing up for a safe and regulated exchange like eToro or Uphold, which we highly due to their user-friendly interface, you can easily connect your BNZ Bank account and make your first deposit.
Bank deposits are free of charge and may take a bit longer to arrive compared to credit/debit card transfers, which are more expensive but offer instant deposits. Once your funds have been deposited into your account, you can start buying and selling cryptocurrencies such as Bitcoin, Ethereum, Solana, and others.
Overall, using eToro or Uphold in conjunction with your BNZ Bank account is a quick, safe and easy way to access a wide range of cryptocurrencies.
1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your BNZ account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
BNZ Bank offers its customers a convenient way to access a range of traditional banking services, such as checking and savings accounts, loans, and credit cards. However, it does not actively engage in providing products and services that are specifically related to the cryptocurrency industry.
Despite this, customers who bank with BNZ are able to sign up with regulated crypto exchanges and deposit funds to buy and sell popular digital currencies like Bitcoin and Ethereum. This gives BNZ customers the flexibility to diversify their investment portfolio and explore new opportunities in the fast-growing crypto market.
Customers of BNZ Bank are able to utilize their debit or credit cards for the purpose of depositing fiat currencies to regulated cryptocurrency exchanges. This enables them to participate in buying and selling cryptocurrencies.
It is highly recommended that customers use regulated cryptocurrency exchanges as this will reduce the risk of any potential issues that may arise when depositing or withdrawing funds.
Although BNZ Bank does not provide any services specifically related to cryptocurrencies, it is deemed to be a crypto-friendly bank due to its policy on enabling customers to connect their bank accounts or debit cards to regulated third-party exchanges.
Moreover, BNZ Bank is known to not impose any limitations on deposits and withdrawals that originate from or are directed towards recognised exchanges. As such, BNZ Bank is viewed as a bank that is supportive of its customers' diverse and evolving financial needs including those related to cryptocurrencies.
BNZ Bank is one of New Zealand’s largest and most renowned banks, with a proud history that dates back over 150 years. Established in 1861 as the Bank of New Zealand, it has since become a household name in the country, offering a wide range of financial products and services to millions of customers.
With over 160 branches and a workforce of more than 5,000 employees, BNZ Bank has a significant presence throughout New Zealand. The bank’s commitment to innovation and delivering exceptional customer service has been the cornerstone of its success.
BNZ Bank’s parent company is the National Australia Bank (NAB), allowing it to have extensive access to the latest technologies and best practices from around the world.
BNZ Bank offers a vast array of financial services, including personal banking, business banking, home loans, credit cards, insurance, investments, and wealth management. These diverse services ensure that the bank can cater to the varying needs of its customers.
In recent years, BNZ Bank has won numerous awards for its innovative products and customer service. This recognition reflects the bank’s commitment to ensuring that customers have access to a range of financial options that are both affordable and easy to use.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
