Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


NZ-Based Bitcoin Trading Platform Officially Launches


New Zealand – BitPrime, a brand-new, full-service Bitcoin trading platform designed to provide a reliable and secure site for the buying and selling of Bitcoin, a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, this week officially announced their Bitcoin platform is open for business.

Borne from a passion for taking the complexity and danger out of trading Bitcoins, which can come to represent a significant investment, BitPrime is a centralized, consolidated platform in New Zealand that uses a safe, third-party escrow service for all client’s peace of mind.

“We are a cryptocurrency trading platform, committed to buying Bitcoin and selling Bitcoin at the most competitive rates available today,” said Geoffrey Palmer, Founder and Owner of BitPrime. “The ultimate goal of our new site is to make the entire transaction safer and faster for everyone involved”. “Bitcoin is a fairly new concept for most people, so we want to make it an accessible form of investment for everyday New Zealanders”. “With interest rates being so low investors are looking for better returns in different asset classes, and this is precisely what Bitcoin offers”.

For those interested in buying Bitcoin from the platform, they will be able to acquire the digital currency in just minutes. Once the client initiates a transaction, BitPrime’s third-party escrow partner, Local Bitcoins, will hold the bitcoin in trust until the payment has been made. BitPrime can accept both bank transfers and cash deposits, as well as in-person transactions for customers based in Christchurch.

Investors are also able to sell their bitcoin on BitPrime. “We will always pay a competitive price for a client’s Bitcoins and act with discretion at all times,” said Geoffrey Palmer. “Bitcoin is a formidable up-and-coming digital currency that is revolutionizing business and monetary transactions as we know it throughout the world”.

BitPrime is a Kiwi-owned and operated business. They are committed to building long-term relationships with Bitcoin investors looking to take profits and Bitcoin miners.

The BitPrime platform owns and updates an informational blog for all visitors interested in learning more about selling and buying Bitcoins.

For more information, visit:


© Scoop Media

Business Headlines | Sci-Tech Headlines


Bus-iness: Transdev To Acquire More Auckland And Wellington Operations

Transdev Australasia today announced that it has agreed terms to acquire two bus operations in Auckland and Wellington, reaching agreement with Souter Investments to purchase Howick and Eastern Buses and Mana Coach Services. More>>


Māui And Hector’s Dolphins: WWF/Industry Counter Offer On Threat Management Plan

Forest & Bird says WWF-NZ's plan for protecting Māui dolphins is based on testing unproven methods on a species that is almost extinct, and is urging the Government to reject the proposal. More>>


Industry Report: Growing Interactive Sector Wants Screen Grants

Introducing a coordinated plan that invests in emerging talent and allows interactive media to access existing screen industry programmes would create hundreds of hi-tech and creative industry jobs. More>>


Ground Rules: Government Moves To Protect Best Growing Land

“Continuing to grow food in the volumes and quality we have come to expect depends on the availability of land and the quality of the soil. Once productive land is built on, we can’t use it for food production, which is why we need to act now.” More>>