Dasset Entered the Market as a Homegrown Solution
Dasset entered the market as a homegrown platform for New Zealand traders. With bank integrations for NZD deposits, regulatory talk, and a clean interface, it stood out in a region with few local options. For a while, it did what it said on the tin: buy, sell, and hold crypto under domestic rules.
The Rise
At its peak, Dasset listed over 20 coins, handled NZD and AUD payments, and promised low trading fees. The app had simple spot markets, limit and market orders, and a custody service that was pitched as secure. Users liked the direct fiat ramps - no need for overseas wires.
The Fall
In August 2023, everything stopped. The exchange went into voluntary liquidation. Withdrawals froze overnight. Customers were told an external administrator would sort things out. Months later, many accounts remain locked, with only occasional updates. Trading never resumed.
Where It Stands Now
Visit the site, and you’ll see a notice about liquidation. No markets. No charts. CoinMarketCap shows it as untracked, with zero liquidity and no volume. Community groups are mostly inactive, except for frustrated users sharing their losses.
What Was Good Before
- Local NZD support with easy bank transfers
- Clear fee structure, competitive for small trades
- Custody that felt professional at the time
What’s Bad Now
- Funds frozen due to liquidation
- Communication almost nonexistent
- No path back to full operation
Quick Ratings
| Category | Score |
|---|---|
| Fiat Access | ★★★★☆ |
| Security & Trust | ★★☆☆☆ |
| Activity Today | ★☆☆☆☆ |
| User Support | ★☆☆☆☆ |
| Long-Term Value | ★☆☆☆☆ |
Closing Line
Dasset’s story is short but sharp: a local exchange that promised safety, then went silent when things broke. It served New Zealand traders for a few years, but today it’s nothing more than a liquidation notice. If you held funds there, you’re stuck waiting. For everyone else, it’s just another example of why due diligence matters in crypto.