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Deleted member 938565
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I wanna have a go at speculating on some crypto but it seems there are a few hurdles if you're living in NZ.
Anyone here from NZ that can enlighten me about this stuff?
Do you know of any method other than localbitcoins to buy btc? Their fees are insane, and coinbase doesn't support NZ yet.
Also how do you convert to fiat, since you can't use coinbase? Would you have to sell your crypto not on an exchange?
I read on stuff.co.nz NZ banks are shutting down accounts that are trading in crypto, which seems crazy...
https://www.stuff.co.nz/technology/...tcoin-bottleneck-continues-to-frustrate-kiwis
Also I'm not sure what the tax obligations here are for crypto...
Would love to hear from anyone who has any knowledge about this, cheers
Anyone here from NZ that can enlighten me about this stuff?
Do you know of any method other than localbitcoins to buy btc? Their fees are insane, and coinbase doesn't support NZ yet.
Also how do you convert to fiat, since you can't use coinbase? Would you have to sell your crypto not on an exchange?
I read on stuff.co.nz NZ banks are shutting down accounts that are trading in crypto, which seems crazy...
https://www.stuff.co.nz/technology/...tcoin-bottleneck-continues-to-frustrate-kiwis
Also I'm not sure what the tax obligations here are for crypto...
Would love to hear from anyone who has any knowledge about this, cheers