New Online Resource Simplifies Buying Cryptocurrency For Kiwis

Banked has published a new guide that demystifies how to
buy and store cryptocurrency for people living in New
Zealand.

The latest guide from the personal finance
information and deals website takes a comprehensive but
accessible look at how cryptocurrency works, what to think
about before considering an investment, and answers some of
the critical questions Kiwis new to the topic often
have.

Addressing the topic from a specifically NZ
viewpoint, the guide explores the difference between crypto
exchanges and brokers, how private and public keys work, and
how cryptocurrencies are regulated in New Zealand.

The
resource is also clear to highlight the risks involved in
investing in the trending asset. Digital currencies are
highly volatile by nature and it’s just as easy to lose
money investing as it is to be successful, warns Banked. Any
potential investor must be fully informed of the risk of
buying into a cryptocurrency, especially when it comes to
large sums.

Cryptocurrency can be a confusing and
complex topic, but the new resource aims to provide all the
information Kiwis need to make an informed decision about
cryptocurrency investing. It also breaks down the steps
needed to buy cryptocurrency and the various ways that a
cryptocurrency can be stored.

The guide is part of
Banked’s new series on cryptocurrency that includes a more
in depth guide on cryptocurrency wallets and storage options
and how to buy well-known cryptocurrencies including Bitcoin,
Ethereum
and Cardano.

The
complete guide, How
to buy and store cryptocurrency in New Zealand
, can be
found on the Banked
website.

© Scoop Media

 

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