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BitPrime Expands New Zealand Cryptocurrency Offering


BitPrime, New Zealand’s premier cryptocurrency retailer, has listed Tezos (XTZ), Komodo (KMD), IOST (IOST), NavCoin (NAV), and Enigma (ENG), and expanding reserves, in a bid to grow the availability of cryptocurrencies in New Zealand. Adding these coins to the company’s reserves will increase liquidity in the country and allow for faster order execution.

Tezos offers a self-governing platform facilitating smart contracts and decentralised app (DApp) development. This week Tezos launched its beta-net and announced PricewaterhouseCoopers (PwC) will act as its auditor.

Komodo is a highly secure platform for performing private, but transparent transactions. Additionally, holders of at least 10KMD are eligible for a monthly 0.417% participation reward.

IOST is a Proof-of-Stake based cryptocurrency offering fast transactions and improved scalability. IOST provides infinite possibilities for developers as well.

NavCoin focuses on user-friendliness with its payment centric platform and 30-second transaction times. NavCoin will implement Lightning Network to allow inter-network transactions.

Enigma began as an MIT project which developed into a data privacy focussed smart contract platform, introducing "secret contracts" to the world. The privacy Enigma offers is of particular use to healthcare companies and researchers.

Ross Carter-Brown, BitPrime's founding partner, said today "Blockchain technology is advancing at a rapid rate, along with the cryptocurrencies that power them. It is essential that we keep pace as a country in this evolving market. BitPrime is dedicated to making sure that cutting-edge cryptocurrencies are available in New Zealand. It's not all about Bitcoin".

Currently serving over 9,000 Kiwis, BitPrime makes it easy for “everyday New Zealander’s” to securely buy and sell crypto for NZD. BitPrime focuses on educating and supporting their customers to understand crypto and the underlying blockchain technology. BitPrime is a registered Financial Services Provider employing robust ID verification processes and anti-fraud measures.

In June, BitPrime partnered with the NEM Foundation, one of the most successful and well-funded blockchain projects in the industry.
“Firms like BitPrime are a key part to the blockchain and cryptocurrency ecosystem. This partnership will signify a big win for both parties because of the shared commitment to help ordinary members of the public and enterprises to understand and trade cryptocurrencies” - Jason Lee, Expansion Director for Australia and New Zealand for NEM Foundation

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