Where can you buy Bitcoins in New Zealand to play Pokies?

Where to Buy Bitcoins in New Zealand to Play Pokies at Online Casinos?
Buy Bitcoins to play Pokies?

Nowadays, online casinos accept cryptocurrencies for Pokies deposits. Bitcoins, Litecoins, Dogecoins, Ethereum, Bitcoin Cash, and other coins are available.

The unique thing is that you can play at any online legit casino without depositing NZ$ and play pokies of your choice. New Zealand punters often ask how and where to buy Bitcoins in New Zealand and use them to play at online casinos.

As you know, Bitcoin is simply a decentralised cryptocurrency, coined decentralised because any financial institution, government, or bank does not control it. 

This purely digital currency thus has no notes or coins that can be used exclusively in online transactions. Encryption in this monetary system is used to secure and keep your transactions anonymous.

Bitcoin is Legal to buy and transact in New Zealand. The Reserve Bank of New Zealand states: “Non-banks do not need our approval for schemes that involve the storage and/or transfer of value (such as ‘bitcoin’) – so long as they do not involve the issuance of physical circulating currency (notes and coins).”

You can use Bitcoins at online casinos to play pokies and scratchies.

Trusted platforms for buying bitcoins in New Zealand

1. Swyftx NZ

Swyftx is a cryptocurrency exchange that expanded its services to New Zealand in August 2021. It focuses on offering low fees, small spreads, and a large selection of over 300 cryptocurrencies. Initially established in Australia in 2018, Swyftx aimed to serve the Australian market before extending its offerings to New Zealand.

Swyftx facilitates the holding, buying and selling of cryptocurrencies. It’s a safe and regulated platform.

Finder NZ recognized Swyftx as the Best Crypto Exchange

It supports automated recurring orders, which benefits dollar-cost averaging in volatile crypto markets.

Swyftx’s appeal lies in its low 0.60% trade fees and tight spreads, making it the #1 option for traders.

2. Independent Reserve

Independent Reserve is a trusted platform for buying BTC. It offers convenient automatic buying at set intervals, allowing users to invest in Bitcoin consistently. With a wide range of payment methods, including bank transfers, POLi Payments, and PayID/Osko, users have flexibility in conducting transactions.

The platform supports AUD, NZD, and USD, catering to users from different regions. Fees start at 0.5% but can drop as low as 0.05%, providing competitive pricing for users. With a focus on convenience, security, and competitive fees, Independent Reserve has established itself as a reliable exchange.

3. Easy Crypto

Easy Crypto is a leading platform in New Zealand that offers a seamless experience for buying Bitcoin and other cryptocurrencies. Easy Crypto has become popular among cryptocurrency enthusiasts with a user-friendly interface and commitment to serving emerging markets.

The platform provides a 100% Funds Safety Guarantee, ensuring the security of users’ investments.

Additionally, Easy Crypto stands out with its ability to set recurring orders, allowing users to automate their cryptocurrency purchases. It also offers the ability to convert easily between different cryptocurrencies, offering flexibility and convenience.

With its sleek platform and outstanding guarantees, Easy Crypto is a trusted destination for individuals in New Zealand looking to buy cryptocurrencies.

4. Kiwi Coin

Kiwi Coin is a trusted Bitcoin exchange based in New Zealand, providing a reliable platform for users to buy bitcoins. Focusing on convenience, Kiwi Coin allows users to fund their exchange accounts using New Zealand domestic bank transfers, ensuring a smooth and hassle-free transaction process.

Notably, Kiwi Coin is one of the country’s most cost-effective options for buying bitcoins, with fees averaging around 0.6% per purchase. Kiwi Coin is a top choice for individuals seeking a trusted and affordable way to enter the world of Bitcoin.

5. CoinSpot

CoinSpot is a well-known cryptocurrency exchange in New Zealand. It offers a user-friendly interface, various cryptocurrencies to trade, and multiple payment options.

CoinSpot emphasises security and has implemented measures to protect user funds and personal information.

Where can you get Bitcoins, and how can you store them?

BTC ATM in New Zealand
BTC ATM in New Zealand

To play at Bitcoin casinos, you need Bitcoins, and the easiest way to get them is through a Bitcoin exchange. So how that works is:

  • Create a wallet at the Bitcoin exchange: All you need is a verifiable email address to get started.
  • Once you’ve selected and signed up for an exchange, you can begin buying or transferring money to your exchange bank account.
  • Once the money is deposited, you can choose to ‘Buy’ or ‘Trade’ the bitcoins. The pricing will always vary depending on supply and demand.
  • Once the bitcoins are purchased, you can transfer them from the Bitcoin exchange to your wallets.

There are different methods through which you can purchase Bitcoin. Also, there are many currencies you can use to buy from other exchanges.

After buying bitcoins, you can use them anywhere and enjoy anonymity and safety. You can also exchange your Bitcoin into fiat currency through any of your selected Bitcoin exchanges online.

In New Zealand, you can get Bitcoins from this Exchange or from here or click here to visit Crytopia to get BTCs

Find BTC ATMs in New Zealand here.

How do you deposit Bitcoins at online casinos?

You need only to get to Bitcoin or online casinos with BTC as the currency of deposit listed on their banking page, like Ripper Casino or Emu Casino. When playing real Pokies, choose BTC as your mode of payment at Bitcoin casinos.

The casinos will convert your Bitcoin into their base currency, NZD, and the exchange rate will be boldly displayed in the site’s bank interface.

Although you can’t use a bank account, credit card, or cheque, avoiding the conventional banking system means faster transactions. Using conventional currency, cashouts can take days, and cheque deposits can take up to a week. Bitcoin transactions in New Zealand are usually completed within minutes.

Bitcoin casinos have no transaction costs. All transfers are peer-to-peer, so there are no middlemen to pay. Multi-currency casinos often charge deposit or withdrawal fees when using a credit card, and the providers themselves may incur fees.

The same can be true for e-wallets and banks.

Enjoy Playing with Bitcoins at Emu Casino.

How do you buy coins?

Buying bitcoins is straightforward if you follow a step-by-step guide. Here’s a simplified overview of how to buy bitcoins:

  1. Account Registration:
    • Sign up for an account with a trusted Bitcoin exchange or platform like Kiwi Coin or Easy Crypto.
    • Provide the necessary personal information and create a secure password.
  2. Verification Process:
    • Complete the verification process, which may involve submitting identification documents to comply with regulatory requirements.
  3. Funding Your Account:
    • Transfer funds to your exchange account using New Zealand domestic bank transfer or other supported payment methods.
    • Ensure that there are sufficient funds available to make your purchase.
  4. Placing a Buy Order:
    • Navigate to the buy/sell section of the platform and select the amount of Bitcoin you wish to purchase.
    • Set the desired price or opt for market orders that execute at the current market price.
  5. Completing the Transaction and Receiving Bitcoins:
    • Confirm your buy order and review the details.
    • Once the transaction is processed, you will receive the bitcoins you purchased in your exchange account.

The specific steps and interfaces may vary slightly depending on your chosen platform. It’s also essential to prioritise security by using two-factor authentication, keeping your login credentials safe, and considering using hardware wallets to store your bitcoins securely.

By following this step-by-step guide, you can confidently navigate the process of buying bitcoins.

Additional Information:

  • Before withdrawing from an online casino that transacts in BTC, ensure you have met any wagering requirements or conditions attached to bonuses or promotions.
  • Withdrawals from online casinos typically require the following steps:
    1. Sign into your online casino wallet using your login details.
    2. Navigate to the ‘Withdraw’ or ‘Cashier‘ section.
    3. Enter the Bitcoin wallet address where you want the funds to be sent.
    4. Specify the amount you wish to withdraw.
    5. Confirm the withdrawal request and wait for it to be processed by the casino.
    6. Proceed to the casino homepage and monitor the transaction status.

Remember that cryptocurrencies can be volatile, so it’s essential to stay informed about market trends and exercise caution when buying or selling bitcoins.

Finding the best Bitcoin casino

Finding the best Bitcoin casino
Finding the best Bitcoin casino

Finding the best online casinos in New Zealand with Bitcoins is challenging. Before signing up at Bitcoin casinos, you should check the following:

  • Bitcoin casinos should be licensed and regulated by an authentic gambling commission.
  • The casino should have a fair system and use games from reputable traditional casinos. A provably fair system uses cryptographic techniques to determine the authenticity of a roll and ensure that neither the game nor the player knows the roll’s outcome before the bet.
  • Bitcoin casinos should offer great promotional offers and BTC bonuses.
  • Look for Bitcoin casinos that provide a selection of multiple games from top gaming providers.
  • Online casinos with Bitcoins should offer other payment options like credit/debit cards and e-wallets.
  • The gameplay and interface should be user-friendly and can be played on mobile and tablet devices.
  • It would be best always to put your safety and security first. Look for an online Bitcoin casino that can be trusted to provide a safe environment by ensuring multiple security measures such as SSL encryption and two-factor authentication.

Future Of Bitcoin and Gambling

Because of the decentralised nature, transparency, and high degree of security they offer all New Zealand gamblers, bitcoins are highly prized. More Kiwis are becoming aware of the advantages of using Bitcoins.

The probability of using cryptocurrency and bitcoins in online casinos is rising in the modern era due to digitalisation. Because electronic payment methods are more transparent, safe, and practical than conventional ones like credit or debit cards, more people are enthralled by them.

Even though there are some legal requirements, like the Anti-Money Laundering and Countering Financing of Terrorism Act, these haven’t been wholly unreasonable for Bitcoin users.

Overall, the future for Bitcoins in New Zealand is promising due to the country’s expanding adoption, advantageous regulatory environment, rising knowledge and educational levels, and thriving technology industry.

Click here to find more online BTC casinos.

Mamta Sharma

Mamta is a spirited writer hailing from Wellington, bringing a youthful zest to the world of digital content. Merging her love for narrative with an eye for detail, Ella crafts stories that resonate and engage the modern reader.