Understanding the Basics: How to Buy Bitcoin in New Zealand
There’s a great deal of debate going around on the topic of investing in various types of currency. There are the gold bugs who say that gold is the really safe bet. Others believe that silver is going to replace gold – and a growing number of people believe that Bitcoin and other cryptocurrencies are the way of the future. Of course, they all have their reasons. Gold has the been the foundation of economies around the world and has been a used as a currency for nearly as long as the idea of money has been around. Some silver aficionados believe that gold has nearly run its course as a precious metal.
Then we have Bitcoin and other cryptocurrencies.
For the past couple of years, Bitcoin has been the word on everybody’s lips.
Why Bitcoin could be the future
While cryptocurrencies do not have the advantage of a long history that we can scrutinize and extrapolate upon, they do have the support of a lot of very successful investors with proven track records. Even better than that, Bitcoin is backed by a cryptographic architecture that is practically unbreakable – even by governments. Where weaknesses in the architecture may exist, even more unprecedented security measures are being developed. Not only is it nearly impossible to steal Bitcoins or commit Bitcoin fraud, but it also has the potential to become a global currency that cannot be controlled or manipulated by governments or banks – and is practically invulnerable to hacking and fraud.
Naturally, any single currency could go down in value, leaving anyone who does not diversify their holdings in a pinch. So, the best way to secure your future and protect your assets is to invest in a range of stocks including gold, silver, and crypto-currency.
The problem is, you might not be able to find a Bitcoin seller.
How you can buy Bitcoin if you live in NZ
If you’re in New Zealand and you want to buy your way into the Bitcoin game – you might have a tricky time. You could mine Bitcoins if you’re a mathematician or have a specialized computer for the task – otherwise, you’re limited to buying them. There are very few places New Zealanders can buy Bitcoins – and they are usually not NZ based. That is, of course, with the exception of MyGold.
Our goal is to make the process of buying Bitcoin as simple as possible:
Step 1. Simply get in touch by phone or online and tell us the quantity of Bitcoin you wish to buy.
Step 2. We will send you a complete and authoritative purchase order containing our bank details and the details of your order.
Step 3. Transfer your payment within 10 minutes of receiving your purchase order to our account. Confirm the transaction when it is complete so that we can lock in the price you pay.
Step 4. Once your payment has cleared, we will send your Bitcoin (or other cryptocurrencies) to your wallet.
That’s really all there is to it.
Bitcoin is a great investment. As the most broadly recognised cryptocurrency and considering the unprecedented level of security that Blockchain software technology provides, there’s never been a better time to become a Bitcoin holder. Governments cannot inflate Bitcoin by printing fiat money and hackers cannot steal Bitcoin or fraudulently trigger unauthorized Bitcoin payments.
That’s why, here at MyGold, we are dedicated to making Bitcoin easily available to New Zealand investors.
Reach out to our cryptocurrency experts to learn more about Bitcoin and become a Bitcoin holder today.