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How to buy Ethereum in New Zealand

New Zealand
Ethereum

New Zealand leads the world in ease of starting and doing business, and is also in the top ten countries in terms of tax loyalty. Despite the fact that cryptocurrency is not an official means of payment in the country, there are no restrictions on transactions, which is why interaction is considered simple and convenient, and thanks to Ethereum, the digital economy has risen to a qualitatively new level.

The purchase of cryptocurrency is possible with the help of special exchange services, which include Itez, the official service from the Estonian regulator, which guarantees full protection against fraud, data confidentiality and fast payment processing. On our service you can buy ethereum for the New Zealand dollar (NZD) and other currencies.

How to buy Ethereum on Itez:
step-by-step instruction
1.

In order to buy Ethereum, it is not necessary to register on the Itez website. In a handy calculator, you can quickly calculate the cost of ETH based on the amount you plan to use for payment. The smallest purchase amount in dollar terms is 50 USD. By the way, the same applies to the euro - the starting purchase threshold starts at €50. Well, in our instructions, as promised, we will go through all the stages of purchase ETH for dollars step by step.

2.

After converting the currency to ETH, you will see the final result in the "You Get" field and on the "Buy" button. Click the button and enter your email address in the following window.

3.

Confirm your email with a 6-digit code sent to the previously indicated e-mail and click the "Verify" button.

4.

Specify the purchase amount in the Itez dialog box. Copy the recipient address - your Ethereum wallet - from the “Accept” section.

Important: you should not manually copy the Ethereum wallet address. The blockchain system does not give any information about Ethereum addresses problems, and if an error occurs during manual entry, all the buyer's funds may be lost.

For example, this is how the copy address button looks like in the Exodus wallet:

5.

After copying the Ethereum wallet address, paste it into the dialog box.

Check your data — it is important to make sure that the address is entered correctly.

6.

After pushing the “Card details” button, enter the required card information: card number and expiration date, the cardholder name and CVC-code — three numbers on the back of the card.

7.

Push the “Pay” button and enter the one-time bank code in the following window. 

After making a payment on the Itez website, you will immediately be able to see the Ethereum in your wallet.

8.

The transaction will first wait for confirmations from the blockchain network.

In the Etherium network, confirmation is quite fast and in most cases takes no more than a minute.

Banks

The New Zealand banking system is modern and highly developed. The country has a dual financial system: the main cryptocurrency regulators in the country are the Financial Market Authority (FMA), which controls financial products, and the Reserve Bank (RBNZ), which oversees financial institutions. Selected major financial institutions include: ANZ New Zealand, ASB, Bank of New Zealand and Westpac NZ.

Bank cards

New Zealand accepts most major credit and debit cards, including Visa, MasterCard and American Express. There is also an EFTPOS payment system. It is a card on which clients can store money and use it throughout the country. The peculiarity of EFTPOS is that it cannot be used to make online payments, so the user needs to hold both types of cards.

How to store Ethereum

It is most convenient to store cryptocurrency in electronic wallets, applications that allow you to work with an Ethereum account: read the balance, make transactions and connect to other applications. Most wallets also allow to manage multiple Ethereum accounts from a single app. You can read more about the e-wallets here: https://ethereum.org/en/wallets/

Itez
About Itez:

Itez is an instant ethereum purchase resource. Itez is a certified operator holding a license to sell and store cryptocurrencies of a financial regulator from Estonia. What does this give to customers?

First of all it is safety, since the operator is fully responsible for the risks. He conducts a compliance check, provides cryptocurrency on time and is always in touch with customers, if the need arises. Secondly, it`s efficient. The time of receipt of Ethereum to the client's account is no more than a minute). Thirdly, the service offers to customers a favorable exchange rate. Rate changes occur in accordance with the liquidity provider's information, therefore, the ETH value on the Itez website is as close as possible to the market value. The site has no hidden fees as the final ETH, USDT value is displayed instantly. If the purchase price does not exceed € 300, then the buyer does not need verification.

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