Easy Crypto Summary
Official Website | https://easycrypto.ai/nz |
Headquarters | New Zealand |
Found in | 2017 |
Native Token | None |
Listed Cryptocurrency | 44+ |
Trading Pairs | N/A |
Supported Fiat Currencies | AUD, ZAR, NZD |
Supported Countries | New Zealand, Australia |
Minimum Deposit | N/A |
Deposit Fees | Free |
Transaction Fees | 1% |
Withdrawal Fees | Free |
Application | No |
Customer Support | Mail & FAQ Support |
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Easy Crypto is one of the best cryptocurrency exchanges in New Zealand, which enables traders to buy and sell digital coins securely and instantaneously. It is extending its support to the expansion of the digital currency market not alone in New Zealand, but besides to other countries including South Africa and Australia. In this Easy Crypto review, we will discuss the features, trade fees, security features, and the ease-of-use of the Easy Crypto platform.
What Is Easy Crypto?
Easy Crypto is basically a crypto broke in the digital market, which means that it acts as a gateway to allow traders to buy and sell crypto. It is a regulate exchange, providing a wide stove of deposit methods to purchase over 44 cryptocurrencies using AUD, NZD, and ZAR decree currencies. The platform is user-friendly and provides an elegant, so far simple exploiter interface. Users can bank transfer the cryptocurrencies directly to either the cryptocurrency exchange report, a cold-storage, or existing crypto wallets. Easy Crypto Review – Platform Interface Sign Up now
History of Easy Crypto
With its headquarters in New Zealand, Easy Crypto was developed in 2017 by Janine and Alan Grainger, a sibling duet, who aimed to create a safe and easy room for Australians and New Zealanders to trade in cryptocurrency. They designed the platform to enable users to experience fluent and secure cryptocurrency trade. The Easy Crypto team focused on creating the world ’ mho simplest digital currency exchange and they have successfully expanded their services to different countries, including australian and south african crypto markets.
Is Easy Crypto Regulated?
Easy Crypto is a determine and licensed reporting exchange under the AUSTRAC ( australian Transaction Reports and Analysis Centre ) that enforces fiscal laws and minimizes the hazard of criminals and fraudsters who use cryptocurrency platforms for cyber crimes, terrorism financing, and money laundering. According to the Anti-Money Laundering and Counter—Terrorism Financing Act ( 2006 ), every regulated trade chopine including Easy Crypto, is required to gather information about their customers ’ identities, monitor their fiscal activities, and ultimately report to the AUSTRAC if transactions seem to be leery, or includes hefty amounts over $ 10,000.
Is Easy Crypto NZ Safe?
Easy Crypto appears to be one of the safest platforms in Australia that allows users to buy cryptocurrency smoothly and securely. The cryptocurrency exchange has incorporated many precautionary measures to ensure security and condom to their users ’ funds : –
Verification Process
The verification process follows the KYC process per regulation for decree currentness deposits and withdrawals.
Regulation
The platform is registered under AUSTRAC and fulfils the KYC and AML requirements.
Hardware Wallet
Being a hardware wallet, users can deposit digital currentness directly to the cold repositing wallets linked to the customer ’ s bank account. This implies that the best cryptocurrency exchange platforms does not store any funds and hence there is no risk of larceny or hacking on the platform.
Security Features
The platform offers an extra two factor authentication over and above a verified e-mail address linked to the client ’ second bill. This acts as an extra level of security to the account, making it more difficult for hackers to hack into the system and withdraw funds. Easy Crypto Reviews – Why Choose Easy Crypto ? Sign Up now
Features of Easy Crypto
Users get some of the best features for fast cryptocurrency trading on the Easy Crypto platform, minus the doubt or clash. A few noteworthy features have been mentioned below : –
Slippage
One of the essential aspects of this platform is the slippage. slippage is the difference between the actual price when the deal is executed and the trade wind ’ mho expected price. This phenomenon normally occurs while buying Bitcoin due to the volatility of the fiscal commercialize. If slippage becomes an issue in case of big trades, one can modify the buy amount to larger amounts while executing orders and review the Bitcoin prices.
Swaps
Another celebrated feature is the Easy Crypto ’ s Swap serve that basically enables users to swap a cryptocurrency for another ( for case, Ethereum to Bitcoin ). To limit timing issues and price, it is highly recommended by the platform to station normal bribe and sell trades for certainty and speed of the drug user ’ south choice.
Tracker
The Easy Crypto Tracker is a handy instrument that records drug user trading history on the platform. It shows the overall statistics, including the grocery store prize of their purchases, full returns, and the net decree currency invested. Easy Crypto Reviews – Tracker by Easy Crypto Sign Up now
Tax Reporting
easy Crypto provides a handy tool for calculating investor taxes. This have gives a tax drumhead of the buy/sell transactions on this platform. however, it is to be kept in take care that these data are only indicative mood and should be considered alone as an estimate. The exchange doesn ’ metric ton guarantee accuracy of the data presented to.
Auto-Invest
The auto-invest feature of speech on Easy Crypto allows users to create an auto-buy order that makes regular purchases of certain selected coins. Traders have full liberty to choose the coins and the proportion they wish to buy them at. For case, for every situate, they can choose to buy 50 % Ethereum and 50 % Bitcoin. so, every time traders deposit funds on the exchange, the organization auto-buys those crypto coins in the selected proportion. This way investors are able to efficaciously dollar cost average their selected digital currencies. Although if having any doubt regarding Easy Crypto services or usage it is advised to check here. Easy Crypto Reviews – Auto-Buy Order by Easy Crypto Sign Up now
Easy Crypto Review: Pros and Cons
Pros | Cons |
No hidden fees. | Transaction fees on the higher side. |
Quality selection of coins. | High volume trades delay processing. |
Suitable for beginners. | |
Above-par security support. | |
Auto-buy feature with dollar cost average strategy. |
How To Buy Crypto with Easy Crypto?
To start buying Crypto on Easy Crypto platform, users need to follow the steps mentioned below : –
Read more: Coin Master – Wikipedia
Sign Up
Users need to go to the Easy Crypto web site and cluck on “ Create an Account ”. This will provide the follow options – Sign in with Google, Sign in with Email and Sign in with Facebook.
Submit Verification Documents
To verify their account, users need to submit software documentation that complies with the KYC protocol, to make AUD or cryptocurrency deposits. Documentation requires recommendation or driver ’ second license details. For verification, they have to select My Account and then choice Verification. After it ’ s complete, users can start depositing funds to their report with AUD.
Deposit Funds
To deposit funds on Easy Crypto, they can use POLi Payments or bank transfers which is an instantaneous payment method acting.
Start Trading
once the traders have deposited the funds in the Easy Crypto account, they can start making crypto purchases. To purchase crypto they need to : –
- Select a coin they want to purchase.
- Enter the AUD amount they want to spend.
- Review the order and select Buy Now.
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Buying and Selling on Easy Crypto
- It provides an Instant Buy & Sell option that enables traders to buy/sell a specific cryptocurrency based on the fiat amount (like $100 worth of BTC), or in the crypto units (like 0.1 BTC).
- Users need to enter their wallet address for buying orders whereas for selling orders, they need to send their crypto to a particular address and the fiat will be sent to their bank account.
- The minimum order amount is $100 New Zealand Dollars for both buying and selling orders.
Easy Crypto Reviews – Buy & Sell on Easy Crypto Sign Up now
Setting Up an Easy Crypto Wallet
To start sell and buying cryptocurrencies on Easy Crypto, traders need to create a wallet for a particular cryptocurrency they are matter to in purchasing. Easy Crypto is a hardware wallet that stores the drug user ’ randomness secret keys. It is a trust wallet available in the desktop version. Every wallet owner wants to protect their private keys first and then the coins. The secret key is used during signing transactions and it allows users to bank transfer cryptocurrencies like Bitcoin from their corresponding wallet address.
Easy Crypto Fees
It is important to note that Easy Crypto charges 0.9 % trade fee on all orders. This share comes down to vitamin a abject as 0.7 % based on the Discount Tier that starts at $ 1000 expending. All in all, Easy Crypto has a transparent tip structure with no hide charges. however, there are a few compulsory fees users need to be mindful of on Easy Crypto : –
Network Fees
A network fee is normally charged by the network for sending crypto. Unlike other platforms, Easy Crypto doesn ’ deoxythymidine monophosphate charge net fees for withdrawing crypto into wallets.
Foreign Exchange Fees
Packages on this platform charge foreign exchange fees that are included in the price of the crypto.
Deposit/Withdrawal Fee
No deposit or coitus interruptus fee is charged by Easy Crypto.
Are There Any Transfer Limits in Easy Crypto?
slowly Crypto does impose limits on the cryptocurrency purchases, but they vary based on the drug user confirmation grade. The transmit limits have been intelligibly explained in the follow table : –
Verification Tier | Basic Verification Requirements & Process | Limits | Bank Transfer | POLi Payment |
---|---|---|---|---|
Tier 0 | Create an account using Google, Twitter, Facebook, Github, or an email address. | Maximum 2-order & $500 total, including all orders. | Bank transfers are unavailable. | Purchase is processed instantly, 24-hour hold on deliveries. |
Tier 1 | Account verification with – a photo of NZ passport or driver’s license, address details and a selfie. | $30,000 total, including all orders. | Purchase processed when deposit is received and delivered when completed. | Purchase processed instantly and delivered when completed. |
Tier 2 | Complete Tier 1 verification and provide evidence of source of funds, an explanation of the transaction purpose, and an expected transaction amount and frequency. | Over $30,000 total, including all orders. | Purchase processed when deposit is received and delivered when completed. | Purchase processed instantly and delivered when completed. |
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Accepted Payment Method
The confirm payment methods on Easy Crypto trade platform are : –
- POLi Pay
- Bank Transfer
- Account2Account
Easy Crypto Trading Assets
Easy Crypto supports over 44 major cryptocurrencies and altcoins that can be bought using AUD, NZD, and ZAR on the exchange platform. here are a few digital assets available on the platform which users can besides check their list by going to the Rates part : –
- Bitcoin
- Bitcoin Cash
- Ethereum
- Litecoin
- Dogecoin
- Binance Coin
- Ark
- Basic Attention Token
- Bitcoin SV
- Cardano
- Dash
- Enjin
- EOS
- DigiByte and many more
Easy Crypto Customer Support
The Easy Crypto accompaniment team is constantly on its toes, helping customers who have issues relating to transactions or setting up an account. The team works from 8 am to 8pm from Monday to Friday and promises to respond within 24 hours. They besides have a wide tilt of frequently asked questions on the company web site. Users can besides submit an on-line hold ticket or general electronic mail enquiries. Easy Crypto Reviews – Customer Support Sign Up immediately
Easy Crypto Review: Conclusion
To conclude this Easy Crypto review, it is absolve to call the New Zealand exchange a reputable platform that offers excellent trade features in the australian market. Compared to other exchanges, the fees are competitive in New Zealand but they are reasonably high in Australia. The servicing is offered in New Zealand, Australia, and South Africa. All in all, Easy Crypto is an incredibly simple and straight advancing cryptocurrency deal chopine, supporting multiple digital currencies and decree currencies to help traders initiate their trade in digital assets.
FAQs
Is Easy Crypto Legit?
Yes, Easy Crypto is a cross-file and licensed reporting platform operating under australian Transaction Reports and Analysis Centre ( AUSTRAC ) that enforce fiscal laws to reduce the threat from fraudsters and hackers using crypto exchanges for terrorism financing, cyber crimes and money laundering.
Does Easy Crypto Charge a Fee?
easy Crypto does not charge any tip for signing up on the trading platform, depositing or withdrawing funds from the platform. however, it does make money by charging a trading fee of 0.7 % to 0.9 % per transaction depending on the exploiter ’ s verification level.
Is There an Easy Crypto Mobile App?
No, Easy Crypto has not even developed a fluid trade app for the traders to buy/sell cryptocurrencies. however, the desktop version kind of makes it up for the app as it is highly mobile friendly and can be used on any smart device. Note – Easy Crypto Reviews are not to be considered as an sanction or investment advice of any kind. Traders are requested to seek fiscal advice from experts before trade on digital platforms.
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