The recent fall of a Kiwi cryptocurrency exchange has put the security of digital currency firmly in the spotlight and
raised concerns for many Kiwis.
In Australia, we’ve just seen a cryptocurrency exchange launch insurance coverage – a first for the Australian market.
But here in New Zealand, local cryptocurrency retailer Easy Crypto
has been offering insurance for its customers from day one – and it’s not an optional add-on like the Australian
Easy Crypto, which was founded by brother and sister duo Alan and Janine Grainger and launched in January 2018, is an
online platform which allows Kiwis to buy and sell instantly and securely a range of cryptocurrencies, from the
well-known such as Bitcoin and Ethereum to lesser known currencies such as Stellar or Nano.
Guaranteed safety for funds
The platform is New Zealand’s first fully guaranteed crypto platform.
“We fully guarantee all customer orders,” Janine says. “There is never a risk of losing funds when using our platform.
“Many of our customers are completely new to digital assets, and it’s important that we guarantee them a safe, secure
experience and that they know we will deliver their order.”
As a retailer, rather than an exchange, Easy Crypto – which aims to make investing in the digital currencies easy and
accessible for everyday Kiwis, doesn’t hold customers’ funds as exchanges do, instead the funds transit through Easy
Crypto’s systems while the order is being fulfilled.
“If any funds were lost, we would 100% wear the loss ourselves, and would never pass that on to the customer who
happened to be unlucky enough to have their order in transit at that time,” Janine says.
“From the time we receive a customer’s payment, until the time their order is delivered, we fully guarantee the safety
of their funds.”
Janine notes that retailers such as Easy Crypto are an easy way for Kiwis to get started with cryptocurrencies. Both
Janine and Alan are long time cryptocurrency investors and have a strong belief in the potential of the currency and
blockchain to improve the world and change how society and our economies work.
“Retailers are an easy way to get started, you don’t have to pre-pay funds onto an exchange or understand how to use a
complicated trading interface. Simply place an order and we take care of the rest; processing it at market rate when the
order is paid.”