Swyftx Review 2025

Swyftx offers 440+ cryptocurrencies with a trading fee ranging from 0.1% to 0.6%. The company has partnered with Fireblocks and Chainalysis for additional security.

The minimum deposit and minimum trade size are 30 AUD and 1 AUD, respectively.

Swyftx; An Introduction to the AUSTRAC-Registered Crypto Exchange

Swyftx Pty Ltd. is an Australian-owned and operated cryptocurrency exchange founded by Alex Harper and Angus Goldman in 2018.

The company is affiliated and partnered with Blockchain Australia, Tech Council of Australia, and FinTech Australia. Key features of Swyftx:

• Registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC)
• Crypto purchase with AUD and NZD deposits
• Cryptocurrency in Self-Managed Super Funds (SMSFs)
• OTC trading

Swyftx Exchange CEO Introduction

Swyftx has entered a new era of leadership with Jason Titman taking the helm as Chief Executive Officer. Backed by a strong foundation in fintech and extensive experience in high-growth environments, Jason’s appointment marks a strategic step toward expanding Swyftx’s innovation, regulation, and global reach.

He succeeds Alex Harper, Swyftx’s co-founder, who continues to serve on the company’s Board of Directors. Under Harper’s leadership, the exchange achieved rapid growth and built a reputation for security, transparency, and customer-centric development. Jason’s expertise will now guide the company into its next phase, focusing on regulated market integration and global expansion.

As Swyftx continues to evolve, Jason’s vision emphasizes enhancing user experience, bridging traditional finance with blockchain technology, and strengthening Australia’s role in the digital-asset economy. His leadership reflects Swyftx’s ongoing commitment to innovation, customer empowerment, and sustainable financial inclusion.

You can go through the link below to connect with the CEO:

• Jason Titman LinkedIn

Swyftx Exchange Specifications

The company is the official sponsor of the Brisbane Lions Australian rules football club. Let’s see what features Swyftx has to offer:

Swyftx Upsides & Downsides

Offering a $10,000 demo account with access to 320+ digital assets is one of the advantages of this Swyftx review. Let’s weigh the exchange’s pros against its cons.

Swyftx User Levels

The platform has implemented a 10-tier user level system to offer fee reductions based on 30 days trading volume, which is recalculated every hour.

Swyftx Fees & Commissions

The company’s trading fees start from 0.6% and are reduced based on the user’s trade volume.

Swyftx has competitive spreads starting from as low as 0.41% on major assets like Bitcoin, with the platform’s average spread hovering around 1.7%, substantially lower than the 4% average reported for some competitors.

While AUD withdrawals are charge-free, NZD payouts incur a $10 fee. Swyftx trading costs:

Swyftx Exchange Digital Assets

In this Swyftx review, we must mention that the exchange offers an extensive selection of over 440 crypto assets, including:

• Bitcoin (BTC)
• Ethereum (ETH)
• USD Tether (USDT)
• XRP
• Binance Coin (BNB)
• Solana (SOL)
• Dogecoin (DOGE)
• Cardano (ADA)
• Chainlink (LINK)

Futures and Margin Trading

It's important to note that Swyftx does not offer margin or futures markets. This aligns with their focus on providing a secure and straightforward trading experience, especially for beginners.

Sign Up and Verification on Swyftx

Registering an account with the exchange requires phone number/email verification and completing the KYC procedure. Verification has 3 levels, including KYC 0, KYC 1 (Gold), and KYC 2 (Diamond).

#1 Open the Platform's Website

For the first step, visit the Swyftx official website and click on “Get Started” to be navigated to thenext stage.

#2 Complete The Form

Enter your information in the sign-up form as required. Then, verify your email address and phone number.

Afterwards, set up a strong and unique password for your account.

#3 Go Through the KYC Process

Follow these steps:

1. Complete the KYC 0 by answering an agent’s call;
2. Provide a photo of your ID card and a selfie for KYC 1;
3. Declare the purpose of your account and source of income (bank statement, Payslips, or ATO Notice of Assessment) for KYC 2.

Note that all withdrawals are suspended till the completion of KYC Diamond.

How to Buy/Sell Crypto on Swyftx

Swyftx provides traders with a simple and versatile environment for exchanging digital assets. Whether you’re buying or selling, the platform supports several trading methods such as instant market orders, trigger orders, auto-invest (recurring orders), and swap orders.

These options allow users to operate efficiently across a wide range of digital assets using Australian dollars (AUD), US dollars (USD), New Zealand dollars (NZD), or Bitcoin (BTC) as their base currency.

It’s important that your base currency matches the funds held in your account. If not, you’ll need to adjust it before executing a trade.

Buying Crypto on Swyftx

The following sections guide you through getting cryptocurrencies on the application and on the web.

Using the App

To purchase crypto via the Swyftx mobile app:

1. Tap the "Quick Actions" menu and choose "Buy";
2. Search for the cryptocurrency you wish to acquire;
3. Specify the purchase amount manually or through the on-screen slider;
4. If you wish to trade between multiple coins, use the "Trade to" or "Trade from" fields and tap the plus icon to combine assets;
5. Review the summary of your order, then finalize it by selecting "Place order".

Using the Web Platform

On the Swyftx web interface:

1. Open the "Order panel" located on the right side of your dashboard;
2. Click "Add asset" and pick which coins or tokens you want to trade between;
3. Input your trade size in fiat or crypto terms, or adjust the slider to set your preferred amount. You can toggle between your base currency and the target asset for flexibility;
4. For multi-asset conversions, select the plus icon in the "Trade to/Trade from" area;
5. Check the transaction overview carefully, then proceed by hitting "Place order".

Selling Crypto on Swyftx

The tutorials below are on how to sell crypto on the exchange's platform via mobile and web browsers.

Via the App

To sell crypto on the Swyftx app:

1. Open "Quick Actions" and tap "Sell";
2. Choose the coin or token you’d like to sell;
3. Enter the sale amount or drag the slider to adjust it;
4. Combine trades between multiple assets through the "Trade to" or "Trade from" section using the plus icon;
5. Review your order details and confirm by selecting "Place order".

Through Web

For web users:

1. Access the "Order panel" on the right side of your account page;
2. Click "Add asset" to specify which crypto pairs you’re trading;
3. Determine the amount, percentage, or value you wish to sell using either the numeric input or slider. Switch between your base currency or target asset to adjust as needed;
4. To manage multiple trades at once, use the plus icon in the "Trade to/Trade from" area;
5. When satisfied, review all details and finalize by selecting "Place order".

Swyftx App and Trading Platform

The exchange offers access to TradingView charts and tools through its proprietary web-based platform and mobile application. Swyftx download links:

• Swyftx Android
• Swyftx iOS

TradingFinder has developed various TradingView indicators that you can access for free.

Swyftx Exchange Services

This crypto trading platform does not offer much beyond its main purpose which is buying/selling cryptocurrencies in various ways:

Swyftx Exchange Security

Swyftx has maintained an unblemished security record since launching in 2019, with zero reported hacks or breaches.

The company holds an ISMS certification meeting standards of ISO 27001. It also has partnered with Fireblocks and Chainalysis to add to its safety. Swyftx security measures:

• Cold Storage
• Holding clients’ funds on a 1:1 basis
• Data encryption
• Two-Factor Authentication (2FA)
• Biometric Authentication
• Compliance with ISO 27001

The website also has a page called the “Latest Scams” featuring the most recent scam attempts reported by customers.

Swyftx Deposit & Withdrawal [AUD Bank Transfer, Crypto]

The company supports Crypto, AUD, and NZD payments. Fiat deposits can be made via various methods, including:

Note that withdrawal of the Australian Dollar and New Zealand Dollar can be done only through bank transfers. The minimum withdrawal limit is AUD 4 and NZD 30.

Client Ratings

There are 4,937Swyftx reviews on Trustpilot and the majority of them are positive. The company has an excellent score of 4.5 out of 5 with 94% of comments being positive (4-star and 5-star).

Less than 5% of reviews on the Swyftx Trustpilot profile are negative (1-star and 2-star), and the company hasn’t replied to any of them.

Swyftx Features

The table below will show an overview of the exchange's products and services:

Swyftx Exchange Bonus

Despite being registered with AUSTRAC, Swyftx offers a handful of various bonuses and promotional programs to its users. Swyftx Bonuses Overview:

Sign up Bonus

Swyftx offers an exclusive sign-up bonus program designed to reward new users who join the platform. New members can receive between $10 and $20 worth of cryptocurrency, provided as a welcome incentive through official partners, affiliate links, influencers, and event collaborations.

To claim the bonus, users must create a Swyftx account using a valid promotional code or referral link, complete the initial ID verification and KYC 1 (Gold) process, and then redeem the reward via the Swyftx Rewards Centre.

If a user forgets to apply a bonus code during registration, Swyftx support can manually add it later upon request through the live chat system.

This initiative highlights Swyftx’s commitment to encouraging new traders to explore crypto trading in a secure, user-friendly, and rewarding environment.

Learn and Earn Rewards

Swyftx encourages users to expand their crypto knowledge through its Learn and Earn program, which allows participants to earn cryptocurrency by completing educational courses and quizzes on the Swyftx Learn platform. Rewards are automatically credited to user accounts upon successful completion.

To become eligible, users must register a Swyftx account, complete their ID verification, and log in to the learning platform using their existing credentials. After selecting a course that offers rewards, participants need to complete the lessons and achieve a score of 80% or higher to unlock their earnings.

Only select courses within the Swyftx Learn section include this earning feature, and availability may vary based on program capacity.

"Refer a Friend" Bonus

Swyftx rewards community growth through its Refer a Friend program, allowing users to earn crypto bonuses by inviting friends or family to join the platform. Both the referrer and the new user receive a reward once all eligibility steps are completed.

To qualify, users must log in to their Swyftx account and share their unique referral link via text, email, or direct message.

The invited friend must then create a Swyftx account using that referral code, complete their ID and KYC 1 (Gold) verification, deposit funds, and make at least one trade within 30 days of signing up.

When both accounts meet these criteria, Swyftx automatically credits the referral reward to each participant. To ensure eligibility, the referred user must enter the referral code during the sign-up process.

Affiliate Payouts

The Swyftx Affiliate Program allows users, influencers, and content creators to earn commissions by promoting the platform to their audiences. Affiliates receive a share of trading fees generated by the users they refer, creating a sustainable income opportunity through active network engagement.

This program is ideal for individuals or businesses with a public platform who want to introduce their followers to a reliable and regulated Australian crypto exchange. By sharing a unique affiliate link, partners can grow their community while earning ongoing rewards from every completed trade made by their referees.

For comprehensive instructions on joining the program and details about commission structures, participants can visit the Swyftx Affiliate Program support page. If an affiliate code was not added during registration, users can request a manual addition through the Swyftx support team via live chat.

"Opt-in" Rewards

The Swyftx "Opt-in" Rewards program lets users participate in limited-time tasks and challenges to earn cryptocurrency and exclusive bonuses. Each reward is personalized to the user’s account and can be accessed through the "Swyftx Rewards" section of their profile.

Unlike other bonuses or promotions, users must manually opt-in before completing a task. Once enrolled, rewards are automatically credited after successful completion. This approach ensures that users engage only in the campaigns that interest them most.

To qualify for ‘Opt-in’ rewards, users must have a verified Swyftx account and select "Opt-in" for each available campaign. Every task comes with its own completion timeframe, which can be viewed on the "Available Rewards" page.

All ‘Opt-in’ rewards are governed by the official terms and conditions listed on the Swyftx Rewards page. Users are encouraged to review each offer’s description carefully for eligibility, timing, and reward details.

How to Reach Support?

The exchange prides itself on providing 24/7 support. It also offers a 30-minute free consultation through the “Book A Call” feature. Swyftx support channels:

Swyftx Exchange Growth Plans

In addition to Spot and OTC markets, the platform provides various investment and growth plans, from Crypto Bundles to Rewards.

• Crypto Bundles: Curated selection of various digital assets
• Auto Invest: Automatic purchase of selected assets in pre-defined intervals as low as AUD 1
• Crypto Rewards: $5 worth of BTC as a prize for completing the “Learn & Earn” course and enabling 2FA and many more rewards
• Affiliate: 30% of the referred clients’ trading costs as referral commission

Also, Swyftx supports automated investing through a recurring orders feature, allowing users to implement a dollar-cost averaging (DCA) strategy. With DCA, investors can schedule automatic crypto purchases at regular intervals, which is ideal for building a portfolio gradually without trying to time the market.

While there are multiple growth plans on Swyftx, the exchange doesn’t offer copy trading or social trading features.

Prohibited Countries on Swyftx

Swyftx's services are exclusively available to residents of Australia and New Zealand. The company only supports AUD and NZD payments and the ANZ region's local financial systems.

Swyftx Compared With Major Exchanges

In this section, the discussed platform will be compared to 4 prominent players based on 11 important parameters:

Writer's opinion and conclusion

Swyftx provides Crypto Spot and OTC trading against AUD and NZD fiat currencies. It supports PayID/Credit card deposits and Bank Transfer withdrawals (minimum amount: AUD 4 or NZD 30).

The exchange has a score of 4.5 on Trustpilot and only accepts clients from Australia and New Zealand.