Even though bitcoin adoption seems to be thriving all over the world, things have not necessarily become easier for companies venturing into the cryptocurrency space.BitNZ, one of New Zealand’s primary bitcoin exchanges, will be shutting down on April 15.According to the team, the unwillingness of banks to cooperate with companies in the bitcoin world makes it impossible for BitNZ to continue offering its services.A very saddening development, that much is certain.It is not the first, nor the last time a will shut down its doors due to problems with their partner bank.In fact, it appears financial institutions willingly block bitcoin exchanges from operating in specific countries.That is a very disturbing development, as most people rely on these intermediary services to buy and sell cryptocurrency with some level of convenience.For BitNZ, these ongoing issues are forcing the company to shut down operations in the near future.The issues with their bank have caused so many problems it is no longer feasible to serve customers who are looking to buy and sell cryptocurrency in exchange for NZ Dollars.

For some reason, their bank has decided to no longer deal with the frequent volume generated by this platform, as they have a lot of incoming and outgoing transactions every single day.Thankfully, users of the BitNZ platform will still be able to withdraw their funds, although the deadline has been set for April 15.nederlandse bitcoin beursIt appears the platform will no longer allow users to buy cryptocurrency with NZ Dollars from now until that date, though.bitcoin pizza portalIt is sad to hear yet another exchange falls victim to the whims of financial institutions who may or may not be keen on cryptocurrency.fbi bitcoin bustFor third-party service providers, such as bitcoin exchanges, this can be the downfall of their business model altogether.bitcoin affiliate network payout

BitNZ has been around for quite some time, though, as the platform originally became popular in  2011.Ever since that time, the company has processed over 11,000 bank transactions, despite facing similar struggles not too long ago.litecoin asic minerJust over a year ago, BitNZ was unable to accept fiat currency deposits, although this issue was eventually resolved.bitcoin sniper reviewUnfortunately, it would appear that was also the beginning of the end for the company.evga bitcoinNew Zealand bitcoin enthusiasts will have to find another exchange to buy and sell cryptocurrency, or rely on peer-to-peer trading.bitcoin wmz exchangeSPOT NZD USD Gold 1729.16 1257.10 Silver 23.05 16.76 Platinum 1278.85 931.00 Palladium 1188.45 864.00 Exchange Rate (NZD) BITCOIN !курс bitcoin wmz

what is it really ?Have we seen the last (for the moment) retraction for gold and is it heading toward new highs ?email me now john.hunter@gogold.co.nz for an opinion !!!BUY SELL GOLD PRICES SILVER PRICES Create an On-Line Trading Account Purchase your NZPure or PAMP products online via our website.Live product pricing Product description and photographs Pay by direct debit from your bank account Internet Trading hours: Monday - Friday 8.30am - 4.00pm Office Trading hours: Monday - Friday 8.30am to 4.30pm Miniumum trade $100.00 Maximum $50,000.00 Courier, insurance or storage fees will apply if product not being picked up or stored.Start Fully Insured Storage Store your gold and silver in NZGM Vaulting service.Fully insured Invoiced 3 monthly in arrears Gold - .75% per annum Silver - 1.5% per annum Should you wish to withdraw your bars please allow 24 hours notice for them to be retrieved from storage and made available.

Start News & Media Releases 6 January 2016Tarrif Concession On Gold and Silver Importing >>30 September 2015NZ Customs Release Sept 2015 >>8 May 2015PAMP Gold demand strengthens in New Zealand market >> BLOG What is Dollar Cost Averaging?There is a time honoured strategy for buying precious metals, and that is dollar cost averaging.When it comes to ... more >>Do I have to pay tax on that?I thought I might spend some time on the subject of tax on precious metals, as it affects everyone who has purchased them in ... more >> LOGIN Please click here if you know your Client Code but do not know your password.Remember me Login OR Continue as a Guest CONTACT US > Click through for enquries, key contact and postal details as well as how to find us >NEW ZEALAND-BASED BITCOIN TRADING PLATFORM, BITPRIME, OFFICIALLY LAUNCHESNew 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.