Holding, buying and selling crypto is lawful in New Zealand and has been treated as ordinary commercial activity by the state for years. Inland Revenue's position is that cryptoassets are a form of property for tax purposes, that they are excepted financial arrangements, and that buying and selling them is outside GST; the tax treatment turns on the characteristics and use of the asset. Crypto businesses are regulated: financial services provided by virtual asset service providers fall within the existing definition of a financial institution in the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, the Department of Internal Affairs is their lead AML/CFT supervisor and the Financial Markets Authority supervises a few of them depending on the services provided.
The contract itself does not change by geography: a SKHX perpetual settles in USDC everywhere.
2 venues open SK hynix perps to traders in New Zealand.
HyperliquidFour steps from sign-up to an open position.
There is no crypto-specific tax rate in New Zealand. Cryptoassets are treated as a form of property, and amounts from selling, trading or exchanging them are, in most cases, taxable income — so they fall into the ordinary progressive individual income tax scale, which Inland Revenue publishes as 10.5% on income to $15,600, 17.5% to $53,500, 30% to $78,100, 33% to $180,000 and 39% above $180,000 from 1 April 2025.
Trading SKHX from New Zealand: legal.
New Zealand traders can fund SK hynix positions using Debit or credit card (NZD).
New Zealand residents can trade SK hynix on 3 platforms, including Aevo, Hyperliquid and Variational.
Canborsa offers up to 20x leverage on SK hynix for traders based in New Zealand.
Canborsa charges 0.07% per side (0.14% round trip) on SK hynix.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
Robinhood Chain
