Easy Crypto Review: Everything You Need to Know

Buying Ethereum or Bitcoin might be difficult for newcomers unfamiliar with the world of cryptocurrencies, as many cryptocurrency exchanges allow fiat and cryptocurrency transfers. While certain exchanges offer both fiat currency and digital coins, they lack the technical capabilities of more sophisticated platforms.

With its astonishingly fast and secure transactions, Easy Crypto has emerged as one of the preeminent cryptocurrency exchanges in New Zealand. Through this platform, buyers and sellers can easily purchase or sell digital currencies with confidence. It allows the growth of the cryptocurrency market beyond New Zealand, including South Africa and Australia. In this Easy Crypto review, we'll go over the platform's features, trading fees, security standards, and ease of use.

According to its website, encrypt is a crypto broker in the digital market, which means it serves as a gateway for customers to acquire and trade cryptocurrencies. It's a fully regulated exchange with over 44 altcoins available for purchase using AUD, NZD, and ZAR fiat money. With this user-friendly and visually pleasing payment platform, users have the option to securely send and receive money with ease. Users may bank cryptocurrency transfers to a cryptocurrency exchange account, cold storage, or existing cryptocurrency wallets using the application.

Janine and Alan Granger, a sibling team from New Zealand who wanted to offer a secure and simple way for Australians and New Zealanders to trade crypto, founded Simple Crypto in 2017. They created a platform that allows people to exchange cryptocurrencies easily and securely. The Easy Crypto team worked to create the world's simplest digital currency exchange, and they have now expanded their services to several countries, including Australia and South Africa's cryptocurrency markets.

Harness the possibilities of crypto trading by investing in digital assets like Bitcoin, the world's leading cryptocurrency. Because cryptocurrency is decentralized and borderless, it may be difficult to track users when they use exchanges to further finance their criminal activities such as cybercrime, terrorist financing, or money laundering.

The Anti-Money Laundering and Counter-Terrorism Financing Act (2006) requires each approved trading platform, such as Easy Crypto, to collect personal data about its customers, observe their financial activities, and alert AUSTRAC if any of these appear unusual. Transactions worth more than 10,000 USD must be investigated or represent a major money laundering threat.

It appears to be one of the safest platforms in Australia, allowing people to buy cryptocurrency easily and securely. To guarantee the safety of its customers' money, the cryptocurrency exchange has taken numerous measures:

The verification procedure is carried out by the KYC standards for fiat currency deposits and withdrawals.

The platform is AUSTRAC-approved and meets KYC and AML standards..

What Is a Crypto Wallet?

Users can deposit digital currency directly into cold storage wallets linked to their bank account as a hardware wallet, making it impossible for the platform to be stolen or hacked.

In addition to verified email addresses, the platform offers two-factor authentication as an additional layer of account security. The heightened security of this system makes it virtually impossible for hackers to access your finances.

Except for the uncertainty or friction, Easy Crypto users get some of the finest features for rapid cryptocurrency trading on the platform. The following are a few prominent characteristics:

Slippage is a common problem with this platform. Slippage is the distance between the actual and anticipated trade prices at execution. This condition usually occurs when buying bitcoins due to financial market instability. When executing orders, you may change the purchase amount to a larger amount and check bitcoin rates if slippage becomes an issue with big transactions.

The biggest benefit of the platform is that it allows traders to connect to exchange their coins. The Easy Crypto swap function, for example, lets users swap a cryptocurrency for another (e.g., Ethereum for bitcoin). To avoid time and price constraints, the site strongly advises traders to make frequent buy and sell transactions so they can

This handy tool is a must-have for those looking to track their trades on the platform – conveniently and easily. Overall statistics, such as the market value of purchases, overall income, and net fiat currency invested, are shown.

Tax calculations are a pain for crypto investors, so we developed a simple solution. This function displays the tax figures on this platform's buy/sell transactions. It's essential to remember that these statistics are simply a guide and should be taken with a grain of salt. The Exchange does not warrant the data's accuracy.

Users may utilize Auto-Invest by Crypto's auto-buy feature to build auto-buy orders that purchase specific coins regularly. Traders have complete control over the coins they wish to acquire and the ratio at which they wish to do so. For each deposit, they may buy half Ethereum and half Bitcoin.

The system purchases the chosen number of cryptocurrencies whenever traders deposit money into the exchange. As a result, investors may accurately balance their desired digital currencies' dollar values this way. While this is an effective approach to average your selected digital currencies' value, if you have any concerns about Easy Crypto's services or use, it is strongly advised that you visit here

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Pros and Cons

✔️No hidden fees.

❌Transaction fees on the higher side.

✔️Quality coin selection.

❌Transactions with high volume delay processing.

✔️Suitable for beginners.

✔️Security support above par.

✔️Automatic buy feature with an average dollar value strategy.

Users must follow the procedures below to start trading on the Easy Crypto platform:

Users should go to the Easy Crypto website and select “Create Account.” The following choices will be presented: Google Login, Email & Password, and Facebook Login.

Users must submit KYC-compliant documents to validate their account to deposit Australian dollars or cryptocurrency. Passport or driver's license data are required. Users must first choose “My Account” and then “Confirmation” before completing the process. Users can then start depositing money into their Australian dollar account once they've completed the verification procedure

They may use POLi payments or bank transfers to deposit funds into Easy Crypto. These are fast payment methods that require minimal paperwork and have a low barrier to entry.

When traders have deposited money into their Easy Crypto account, they may begin buying cryptocurrencies. To purchase cryptocurrency, users must:

• Choose the coin they wish to purchase.
• Enter the amount in Australian dollars they want to spend.
• Review the purchase and choose Buy Now.

Cryptocurrency traders can leverage this platform to purchase or sell coins based on either fiat currency, like $100 in Bitcoin (BTC), or a bitcoin unit amount such as 0.1 BTC.

Users must input their wallet address for buy orders, while sell orders require them to send cryptocurrency to a specific address and the fiat will be delivered to their bank account.

For both buy and sell orders, the minimum order amount is NZD 100.

To start trading and purchasing cryptocurrencies on Easy Crypto, the first step is to create a cryptocurrency wallet of your choice. Easy Crypto is a hardware wallet that keeps your private keys secure. It's a secure desktop program. Users want to ensure that their private keys are secure first, followed by their coins. The private key is required for signing transactions and transferring coins out of the wallet.

Regrettably, certain exchanges and brokerages charge exorbitant fees for services that could be cheaper elsewhere. However, Easy Crypto does not have such charges; instead, it has a flat 0.9% fee on all purchases. The fee drops to 0.7 percent depending on the discount level, which starts at $1,000 in spending at Easy Crypto Overall, the fees are about average when compared to other exchanges.

The network charges a variety of fees for transferring cryptocurrency. Unlike other platforms, Easy Crypto does not charge a fee for sending bitcoin to wallets.

Bundles on this platform charge a foreign currency exchange fee, which is included in the price of the cryptocurrency.

Bundles on this platform charge a foreign currency exchange fee, which is included in the price of the cryptocurrency. Fees for placing a deposit or withdrawing funds are minimal

Over 44 different cryptocurrencies and altcoins are supported by the exchange platform, which includes over 44 major coins and currencies that may be purchased in AUD, NZD, and ZAR. Here are a few of the available digital assets on the site, which can also be seen by visiting the “Rates” section:

• Bitcoin
• Bitcoin Cash.
• Etherium
• litecoin
• Dogecoin
• Binance Coin
• Ark
• Main attention token
• Bitcoin CB
• Cardano
• Throwback
• ENGINE
• EOS
• DigiByte and many others

To sum up this Easy Crypto evaluation, it's accurate to say that the New Zealand exchange is a trustworthy platform with excellent trading possibilities in the Australian market. The fees at New Zealand are competitive, but they're extremely expensive in Australia.

Our service can be accessed in New Zealand, Australia and South Africa – an invaluable resource for those residing within these countries. Overall, Easy Crypto is a simple cryptocurrency trading platform that allows traders to trade digital assets using different currencies.