Summary: As it is not possible to buy cryptocurrencies like Bitcoin with Kiwibank, we recommend using regulated exchanges like eToro and Uphold. These exchanges are regulated and safe to use which means that you can buy crypto with peace of mind. They are perfect for beginners to intermediate traders who look for a simple and secure way to buy cryptocurrencies. Get started today by signing up and making your first deposit!
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Although Kiwibank does not support direct purchases of cryptocurrencies, it is still possible for Kiwibank account holders to buy digital assets indirectly. This can be achieved by connecting your Kiwibank account to a regulated cryptocurrency exchange such as eToro or Uphold.
In this way, Kiwibank customers have access to the exciting world of cryptocurrencies even if direct transactions are not possible on the Kiwibank platform.
The first step to starting your cryptocurrency investing journey is to sign up for a safe and regulated exchange such as eToro and Uphold.
We highly recommend these platforms because they are beginner-friendly and offer hundreds of cryptocurrencies to buy and sell, making it easy for even novice investors to get started.
To sign up, simply go through the quick and free registration process that only takes a few minutes of your time. Once you have successfully signed up, it's time to connect your Kiwibank account and make your first deposit.
You can opt to make a bank deposit (ACH), which is free of charge, or use a credit/debit card transfer, which incurs a higher fee. Note that while bank deposits may take a bit longer to arrive, credit/debit card transfers have the advantage of providing instant fund transfers.
With your account funded, you can begin buying and selling a wide variety of cryptocurrencies including popular options like Bitcoin, Ethereum, and Solana, among many others.
1. Create Account: Signup and add your identity verification.
2. Deposit Funds: Via your Kiwibank account or credit card/debit card.
3. Start Buying: Once your deposit has arrived in your account.
While Kiwibank offers its customers convenient and hassle-free access to conventional banking services, it does not offer any products or services related to the cryptocurrency domain. Despite this, Kiwibank customers have the flexibility to sign up for regulated exchanges and make deposits to purchase or sell digital currencies like Bitcoin and Ethereum.
As a customer of Kiwibank, you are able to utilize your debit or credit card to deposit fiat currencies into regulated cryptocurrency exchanges for the purpose of buying and selling various cryptocurrencies. It is recommended that you use regulated exchanges to ensure that you do not encounter any potential issues when depositing or withdrawing funds.
Kiwibank can still be considered as a crypto-friendly bank due to the fact that Kiwibank customers have the option to connect their bank accounts or link their debit cards to regulated third-party exchanges to buy and sell cryptocurrencies.
Additionally, Kiwibank has not imposed limits on deposits and withdrawals to and from regulated exchanges. So while Kiwibank does not have any direct involvement with cryptocurrencies, it does not place restrictions on its customers who choose to participate in such activities on regulated platforms.
Kiwibank is a New Zealand-based financial institution that was founded in 2002. It was established as a subsidiary of the country's postal service, New Zealand Post, in response to a lack of competition and innovation within the banking sector.
Kiwibank has since grown to become one of New Zealand's leading banking providers, with a focus on providing accessible and affordable financial services to its customers.Kiwibank has over one million customers across the country, with a growing presence in both urban and rural areas.
Kiwibank's continued growth has been a significant factor in driving competition within the New Zealand banking sector, with the institution being recognized for its commitment to customer service and innovation.
As a fully licensed bank in New Zealand, Kiwibank offers a range of products and services to its customers. These include personal and business banking, as well as credit cards, loans, and insurance. Kiwibank is also a leading provider of mortgages, with a range of flexible home loan options available to customers.
Kiwibank's success can be attributed to its focus on providing customer-centric banking solutions, innovative products and services and ensuring accessibility for all New Zealanders.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
Regulated & Safe Platform
