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Why is Easy Crypto so Expensive? (2022)

We breakdown the reasons why Easy Crypto is one of the most expensive ways to trade Bitcoin and cryptocurrencies in New Zealand.

David Cohen

Editor at Buy Bitcoin Finder

An overview of Easy Crypto NZ 

Easy Crypto NZ are one of the largest exchanges in New Zealand that offer an easy to use platform to buy, sell and trade cryptocurrencies instantly. They offer over 100 different cryptocurrencies to trade against New Zealand Dollars or Australian Dollars.

Easy Crypto is a safe cryptocurrency exchange and is a Registered Financial Services Provider in New Zealand (NZBN: 9429046530141)

Why is Easy Crypto so Expensive?

Easy Crypto NZ is well known to be one of the most expensive ways to buy crypto. They charge 0.9% on every order and have extremelly wide spreads on their cryptocurrency prices.

Wide spreads means that their Bitcoin is more expensive to buy, and cheaper to sell than other exchanges. On average, the spread on Easy Crypto NZ will have you effectively paying 2-3% in fees per trade.

What is a Cheaper Alternative?

Independent Reserve is a cheaper and more secure option than Easy Crypto overall. They have the tightest spreads in the industry thanks to their deep liquidity and also have a base fee of 0.5% per trade.

They are the cheapest option across both Australia and New Zealand.

Visit Independent Reserve