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Preferred Methods for Storing Cryptocurrency in New Zealanders 2024

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Insights

Key Takeaways

The most popular method for storing cryptocurrency in New Zealand is through cryptocurrency exchanges, with of respondents opting for this option. This group likely relies on exchanges to store and manage their digital assets due to the convenience and ease of access they offer.

Closely following are mobile platforms, favored by a significant portion of the population for their accessibility and portability. Additionally, many New Zealanders use software wallets (soft storage), preferring more control and security over their assets. However, this method carries risks, such as exposure to malware if not properly secured. Other storage methods, including brokerages, payment services, and physical devices like Ledger, also show notable adoption among cryptocurrency users.

For deeper insights, discover cryptocurrency adoption in New Zealand, Top payment methods in New Zealand, cryptocurrency interest in New Zealand.

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