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3333103 No.3333103 [Reply] [Original]

Ok Kiwi bros this is it, how the heck do I buy ETH from NZ?

Also what else are you doing to grow your savings?

http://www.news.com.au/finance/money/investing/warning-for-savers-as-nineyear-rate-slump-shows-no-sign-of-stopping/news-story/9337829f3d5759ab3318f127084bbe1f

>> No.3333535

Buy from local bitcoins.com then transfer the bitcoin to Bittrex, then trade the BTC to ETH on Bittrex. Simple as the anon.

>> No.3334428

>>3333103

Independent Reserve in Ausfalia will deal with Kiwis in NZD.

>> No.3334473

AKL here.

I did it a dumb way because I wanted to get in quick. I sent my funds to CEX.IO and then bought ETH from there. I had to go through the verification process and make an account etc. Now I want to get more money in and am looking at going through cryptopia. You can buy NZDT (ersatz NZD) directly through your NZ bank account and then buy coins on the exchange which you can then send to other exchanges if you want to. This way you can avoid the fees I incurred by transferring to CEX.

>> No.3334491

>>3334473
Use localbitcoins it's much easier. Then transfer to an exchange and buy ethereum.

>> No.3334502

>>3334491
That looks pretty rad. Thanks bro

>> No.3334565
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3334565

>>3334491
Whats the best exchange for ETH?

>>3334428
Don't they charge way above market value?

>> No.3335187
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3335187

Independent Reserve is the one and only Bitcoin exchange for the true aus/kiwi bro.

>> No.3335210

>>3334565

Way better than anything else you'll find that deals in AUD or NZD. They don't charge GST.

>> No.3335486

>>3334565
They're all very similar. I personally use poloniex but there are many others e.g. kraken, bittrex. It's much easier to transfer btc around than international bank transfers so buy the bitcoin in New zealand

>> No.3335602

Localbitcoins then bittrex or shapeshift.io

>> No.3336295

>>3334473
Don't use Cryptopia: Their NZDT/BTC and NZDT/ETH pairs have no liquidity. I was trying to buy about five grand's worth and would have bought out half the order book and put the price of BTC up to ten grand or so.

I actually met one other person at a Wellington blockchain meetup who nearly fell for this trap too. My recommendation: use kiwi-coin.co.nz. You can authenticate using RealMe, too (bit of a hassle but it works).

>> No.3336348

i lost my all my DGB on the cryptopia hack

>> No.3336479
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3336479

>>3336295
Nice site how do you get invited to a blockchain event?

Also do you know of any NZ ETH/BTC communities?

>> No.3336499

>>3336479
leddit/r/nzbitcoin

>> No.3336537

Register here.
Verification is overnight
Bank transfer from NZ account to them is overnight
You can buy at current market price

https://www.independentreserve.com/

Just be aware. It cost $15 to do the bank transfer then another $15 when it arrives.

>> No.3336538

>>3333103
Localbitcoins > Wallet
Shapeshift or trade depending on where you wanna keep your trillions.

>> No.3336573

>>3336537
local bitcoins could be good if you can score some bitcoin at a good price. But i decided to go with independent reserve. Local bitcoins actually seemed like more hassel. like some darknet dodgy shit going on there.

>> No.3336676
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3336676

>>3336537
Yea I think I'll do this tonight thanks anon

Anyone want to post their portfolio gains?

Also what are your guys recommendations for buying ETH and BTC right now?

>> No.3336724
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3336724

Can someone please send me a referral code for Independent reserve

>> No.3337259
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3337259

>>3336724


https://www.independentreserve.com?invite=VQJQSL

Here you go sport.

>> No.3337270

>>3336676
yesterday I would have posted, today Im in a bloodbath

>> No.3337568

>>3337259
Thanks man signed up now, might not have it all verified tonight though but thanks!

>> No.3337669

>>3333535
/thread

>> No.3337702

>>3336676
I only been in this game a few weeks. I put $1500 into crypto for trading play money after spending 1k on a ethereum mining rig. I bought a few ethereum NZD 448.47 - Its currently trading at NZD $440.

Honestly its hard to say what will happen over the next week or so. It may recover or might dip further. I guess you will have to wait a couple days before you can buy anyway.

I made some OK gains off ZRX buying low and selling near the peak. I played around making trades but didn't really make progress after that. I decided to chuck all my ether to 2 different ICO's 70% into chainlink presale and 30% into bitdice. ICO's do seem like the better way to go if you want to make decent $$ Playing around trading is a lot of risk. Happy to have got more familiar with exchange trading on Bittrex/Etherdelta.

This is the probably the ICO I would chuck more eth at if I had any left: https://token.enigma.co/

>> No.3337758
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3337758

>>3337702
Thanks for the ICO recommendation I definitely think that's a way to go I only have experience in stocks, bonds and funds though