Boss lives in USA & I live in NZ - want to transfer my wages by bitcoin! HELP!

[Soappa]

My boss lives in Florida USA, and wants to pay my wages in Bitcoin..I live in NZ! What is the best exchange for him to buy from, and where can I exchange back into NZD my end?
PLEASE CAN SOMEONE HELP???

Do you work in the IT industry?
It is really interesting to see a boss wanting to pay his employees in bitcoin.


I can find 3 NZ local bitcoin exchanges on the page http://howtobuybitcoins.info/nz.html.
Maybe you could do a little more research on them to see if they are legit.
Ofc, you could use the big ones like bitstamp and btc-e that others suggested.

[Baitty]

You've had a number replies of the best exichanges but I was wondering if you mind answering the question about where you work. I think your boss deserves some praise for paying you in Bitcoin.

[DrG]

My boss lives in Florida USA, and wants to pay my wages in Bitcoin..I live in NZ! What is the best exchange for him to buy from, and where can I exchange back into NZD my end?
PLEASE CAN SOMEONE HELP???

The best option IMO is to ask your boss to register on Coinbase, buy bitcoin through Coinbase and send it to you.
You can register an account on bitstamp or btc-e and sell your bitcoin there (after ID verification).

Agreed.  As long as you can get fiat out of BTCe and into your bank this would be the best choice.

You would lose about 1% in overhead from Coinbase (over spot and fee but they don't charge tx fee), 0.2% from BTCe fee and then any bank deposit fees.

The only major issue is BTCe is usually a significant amount under Coinbase's exchange rate.  Maybe stamp might be better.

The 1% that you would "lose" from coinbase is not really a loss, as all exchanges have some kind of spread and charge a trading fee which coinbase does not charge.

It is a loss.  It's not a loss if you stay in the same ecosystem.  Once you move the coins from Coinbase to an exchange you are taking a loss (since Coinbase is higher than almost every indexed exchange).  Coinbase is not exchange really, more of a brokerage since you cannot set buy/sell orders.  I was not referring to the bid/ask spread, I was referring to the premium cost that Coinbase always charges due to its convenience.  They're typically 2-3% higher than BTCe but if you sit long enough you can catch a 1% difference.  Essentially arbitrage.