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Online casinos in NZ are all powered by cryptocurrencies these days to play pokies. It is not just Bitcoins but Litecoins, Dogecoins, Ethereum, Bitcoin Cash, and other such coins that are now available as deposit options to play pokies. The unique thing is that you can play at any online legit casino without depositing NZ$ and play pokies of your choice. Here you find where to find bitcoins in New Zealand.
The question often asked by New Zealand punters is how and where to buy Bitcoins in New Zealand and use it to play pokies at online casinos.
As you all know that Bitcoin is simply a decentralized cryptocurrency, coined decentralized owning to the fact that it is not controlled by any financial institution, government, or even backed by any bank. This purely digital currency thus has no notes or coins that can be used exclusively in online transactions. In this monetary system, encryption is used to secure transactions 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).”
So that means you can use Bitcoins at online casinos to play pokies or scratchies or any other live casino games.
Trusted platforms for buying bitcoins in New Zealand
1. Independent Reserve
Independent Reserve is a trusted platform for buying bitcoins in New Zealand. It offers convenient automatic buying at set time intervals, allowing users to consistently invest in Bitcoin. 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 choice for buying bitcoins in New Zealand.
2. Easy Crypto
Easy Crypto is a leading platform in New Zealand that offers a seamless experience for buying Bitcoin and other cryptocurrencies. With a user-friendly interface and a commitment to serving emerging markets, Easy Crypto has become a popular choice for cryptocurrency enthusiasts. 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. With the ability to convert easily between different cryptocurrencies, Easy Crypto offers flexibility and convenience. With its sleek platform and great guarantees, Easy Crypto is a trusted destination for individuals in New Zealand looking to buy cryptocurrencies.
3. Kiwi Coin
Kiwi Coin is a trusted Bitcoin exchange based in New Zealand, providing a reliable platform for users to buy bitcoins. With a focus 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 stands out as one of the most cost-effective options for buying bitcoins in the country, with fees averaging around 0.6% per purchase. For individuals seeking a trusted and affordable way to enter the world of Bitcoin, Kiwi Coin is a top choice.
CoinSpot is a well-known cryptocurrency exchange that operates in New Zealand. They offer a user-friendly interface, a variety of cryptocurrencies to trade, and multiple payment options.
CoinSpot emphasizes security and has implemented measures to protect user funds and personal information.
BitPrime is a New Zealand-based platform that specializes in providing a secure and straightforward way to buy bitcoins. They offer a personalized service, competitive prices, and a range of cryptocurrencies to choose from.
BitPrime has built a strong reputation for their dedication to customer support and compliance with regulations.
Where to get Bitcoins in New Zealand and how to store them?
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 in New Zealand. The pricing will always vary depending on supply and demand.
- Once the bitcoins are purchased, you can transfer your bitcoins 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 bitcoins in New Zealand from different exchanges. After buying bitcoins you will be allowed to use them anywhere you want and enjoy anonymity and safety. Another thing is that you can exchange your Bitcoin into fiat currency through any of your selected Bitcoin exchanges online.
How to play pokies with Bitcoins at online casinos?
Whether they are scratch cards, pokies, table games, or live dealer games at Bitcoins online casinos, they can be played with Bitcoins in New Zealand without any effort. Like you generally play casino games at any friendly online casino in the same way you play with Bitcoins.
All you need to get to Bitcoin casinos or online casinos that have BTC as the currency of deposit listed on their banking page like Ripper Casino or Emu Casino. When playing real Pokies simply choose BTC as your mode of payment at Bitcoin casinos. The Bitcoin casinos will convert your bitcoin into their base currency which is NZD and the exchange rate will be boldly displayed in the bank interface on the site.
Although you can’t use a bank account, credit card, or cheque, avoiding the conventional banking system means transactions are faster. Using conventional currency, cashouts can take days, and cheque deposits up to a week. Transactions of Bitcoins 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 make charges to deposit or withdraw using a credit card, and the providers themselves may have fees. The same can be true for e-Wallets and banks.
How to make a withdraw if you win pokies?
Buying bitcoins in New Zealand can be a straightforward process if you follow a step-by-step guide. Here’s a simplified overview of how to buy bitcoins:
- Account Registration:
- Sign up for an account with a trusted Bitcoin exchange or platform, such as Kiwi Coin or Easy Crypto.
- Provide the necessary personal information and create a secure password.
- Verification Process:
- Complete the verification process, which may involve submitting identification documents to comply with regulatory requirements.
- 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.
- 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.
- Completing the Transaction and Receiving Bitcoins:
- Confirm your buy order and review the details.
- Once the transaction is processed, you will receive the purchased bitcoins in your exchange account.
Remember, the specific steps and interfaces may vary slightly depending on the platform you choose. It’s also essential to prioritize security by using two-factor authentication, keeping your login credentials safe, and considering the use of hardware wallets for storing your bitcoins securely.
By following this step-by-step guide, you can navigate the process of buying bitcoins in New Zealand with confidence and start benefiting from the advantages of cryptocurrency transactions.
- Before making a withdrawal from an online casino that transacts in BTC, ensure that you have met any wagering requirements or conditions attached to bonuses or promotions.
- Withdrawals from online casinos typically require the following steps:
- Sign into your online casino wallet using your login details.
- Navigate to the ‘Withdraw’ or ‘Cashier‘ section.
- Enter the Bitcoin wallet address where you want the funds to be sent.
- Specify the amount you wish to withdraw.
- Confirm the withdrawal request and wait for it to be processed by the casino.
- Proceed to the casino homepage and monitor the transaction status.
Keep in mind that cryptocurrencies can be volatile, so it’s important to stay informed about market trends and exercise caution when buying or selling bitcoins.
Finding the best Bitcoin casino
Finding the best online casinos with Bitcoins in New Zealand is not an easy task and can be challenging. You must be very careful before choosing any website to invest in Bitcoins in New Zealand. 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 provably fair system, and/or uses 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 outcome of a roll before the bet.
- Bitcoin casinos should offer great promotional offers and BTC bonuses.
- Look for Bitcoin casinos which provide a selection of multiple games which are provided by top gaming providers.
- Online casinos with Bitcoins in New Zealand should offer other payment options like credit/debit cards and e-wallets.
- The gameplay and interface should be user-friendly and can be played with various devices like mobile and tablets.
- You must always put your safety and security first place. Look for an online Bitcoin casino which can be trusted for providing a safe environment by ensuring multiple security measures such as SSL encryption and two-factor authentication.
Factors to consider while choosing Bitcoin Casino
When choosing a platform for buying bitcoins, several factors should be considered to ensure a smooth and secure experience. Here are some key factors to keep in mind:
A. Security and Safety Measures:
- Look for platforms that prioritize robust security measures, such as two-factor authentication, encryption, and cold storage for funds.
- Check if the platform has a track record of implementing strong security protocols and maintaining a solid reputation in the industry.
B. User-Friendliness and Ease of Use:
- Opt for platforms that offer a user-friendly interface and intuitive navigation, especially if you are new to cryptocurrencies.
- Consider platforms with clear instructions and helpful features that simplify the buying process, making it accessible to users of all levels of experience.
C. Exchange Rates and Fees:
- Compare the exchange rates offered by different platforms and choose one that provides competitive rates to ensure you get the best value for your money.
- Take into account the fees charged by the platform for buying bitcoins. Look for transparent fee structures and platforms that offer reasonable fees based on your trading volume.
D. Payment Options and Convenience:
- Check the supported payment methods offered by the platform. Look for options that align with your preferences, such as bank transfers, credit/debit cards, or online payment services.
- Consider the convenience factor, including the speed of transactions and the availability of local currency support (such as NZD for users in New Zealand).
Additionally, it can be helpful to read user reviews and testimonials to gauge the overall satisfaction and experiences of other users with the platform.
These are some of the basic measures and concerns which should be kept in mind while investing in Bitcoins in New Zealand.
Future Of Bitcoin Casinos In New Zealand
The introduction of Bitcoins in New Zealand is an exciting and convenient way to gamble online. Online casinos in New Zealand are showing a great interest in cryptocurrency and blockchain technology.
Because of their decentralised nature, transparency, and a high degree of security, they offer to all New Zealand gamblers, bitcoins are highly prized. More Kiwis are becoming aware of the advantages of using Bitcoins in New Zealand, which is increasing the probability of them day by day.
The probability of using cryptocurrency and bitcoins in online casinos is rising in the modern era as a result of digitalization. Because electronic payment methods are more transparent, safe, and practical than more 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.
Playing at Bitcoin casinos gives you much joy as you can deposit and withdraw anonymously without any third parties or middlemen. Also, you can play with high or low credit according to your budget in a fast deposit and withdrawal environment. Moreover, when making cashouts, there is no need for any ID proof and with loads of BTC bonuses at Bitcoin casinos a greater chance to make some wins when playing slot games. With 24/7 help support Bitcoin casinos are now much in demand and are appreciated by Kiwi players.
BTC Casinos are of much interest and a convenient way for playing online casino games with e-payment methods. In New Zealand, the government has shown a relaxed approach towards the regulation of Bitcoins in New Zealand.
More casinos and companies are likely to accept Bitcoin as a form of payment as long as demand for it is high and regulatory requirements are relatively lenient, giving customers and players a secure and practical way to conduct business online.