Swyftx Review 2026
Swyftx is Australia's leading cryptocurrency exchange, known for its user-friendly interface, extensive coin selection, and strong local customer support. Offering over 350 cryptocurrencies, competitive fees, and unique features like tax reporting and demo accounts, Swyftx caters to both newcomers and experienced Australian traders.
Pros & Cons
Pros
- Largest crypto selection in Australia (350+)
- Excellent Australian customer support
- Comprehensive tax reporting tools
- Demo mode with $10,000 practice funds
- Fast AUD deposits and withdrawals
Cons
- Higher fees than global exchanges
- Only available to Australian residents
- Limited advanced trading features
- Credit card fees are high (2.2%)
- No derivatives or leverage trading
Fees & Commissions
| Fee Type | Cost |
|---|---|
| Crypto | 0.6% per trade (discounts with volume) |
| Deposits | Free (bank transfer), 2.2% (credit/debit card) |
| Withdrawals | Free (crypto to external wallet) |
Features
Platforms
Deposit & Withdrawal
Availability
Swyftx is available in the following countries:
Australia
Frequently Asked Questions
The minimum deposit to open an account with Swyftx is $1 AUD. This makes Swyftx accessible to beginners and traders with smaller budgets.
Yes, Swyftx is regulated by AUSTRAC. This ensures your funds are protected under regulatory requirements.
Swyftx offers trading in cryptocurrencies. Key features include crypto staking, earn yield, mobile app.
Swyftx supports web, ios and android platforms. The web platform allows you to trade from any browser without downloading software. Mobile apps are available for trading on the go.