Swyftx has grown into a premier exchange known for its feature-rich platform, minimal trading fees, and exceptional customer service since its debut in 2019.
In this post, we’ll be giving a complete review of Swyftx—what Swyftx is, the 2021 referral code and why you should choose it.
What is Swyftx?
Swyftx is a cryptocurrency exchange that offers over 250 different digital assets and is one of Australia’s fastest-growing and most reliable.
Swyftx brokerage services make the platform ideal for beginners and Aussie experienced traders who wish to trade on a more personalised platform. It provides investors with tax benefits and a chance to leverage the Bitcoin market on a broader scale through a cryptocurrency self-managed super fund that it administers.
This crypto exchange platform has grown immensely because of the low fees compared to other main industry competitors, such as CoinSpot. Their platform offers a wide range of digital assets that you can buy and sell for a 0.6% trading fee, which is much less than CoinSpot’s 1%.
Swyftx Key Features
- User-friendly desktop and mobile app
- 226+ assets to buy and sell
- Low trading fees and spreads
- No AUD deposit or withdrawal fees
- TradingView provides advanced charting and trading capabilities
- Responsive customer assistance team
- Crypto tax reporting & tools
- 5-star rating based on 1040 reviews
SwyftX Referral Code – $10 Free
Swyftx $10 Free Referral Code is only available to new members, and if you already have a Swyftx account, the referral code won’t work.
However, you can still take advantage of the $10 in free Bitcoin if you sign up with a different email address. Here’s how to get your free $10 Bitcoin from Swyftx:
- Sign up to Swyftx with their referral code link
- Make a user account (promo code will be automatically applied)
- Verify your account and personal information, and it’s done
How Does SwyftX Work?
Swyftx optimizes each crypto order across various exchange order books to provide more liquidity on trading pairings (such as altcoins) than if they used their order book.
As a result, you’re offered cheaper spreads (the gap between the bid and ask price) for greater liquidity. This is why there’s an improved market depth and trading volume in all the best trading pairs compared to any other crypto exchange platform.
Swyftx resolves this issue by pooling billions of dollars in liquidity from an extensive Australian cryptocurrency exchange like Binance Australia. For each trading pair, a standard Australian cryptocurrency exchange will employ its order books.
How Do I Deposit Funds on Swyftx?
Swyftx offers its users various ways to deposit AUD into accounts like PayID, POLi, bank transfer, and credit cards. PayID or POLi payment through an Australian bank is the safest and easiest way to transfer payments to Swyftx.
The funds will be available to purchase cryptocurrency almost immediately. The minimum deposit is $30, with a $100,000 maximum limit per account after thorough verification. There is no option to buy cryptocurrency with a cash deposit or PayPal.
How Easy Is It To Use SwyftX?
Beginners and intermediate investors can use desktop and mobile applications to get started with digital currencies. The sidebar makes switching between the asset list, wallet, charts, withdrawals, and other functions easy.
The entire trading experience is modern, fresh, and configurable to each investor’s portfolio management and trade placement needs. There’s also an option to switch to dark mode on the desktop and mobile app, as well as a risk-free demo account.
Is SwyftX Safe?
Swyftx is a secure crypto exchange with numerous security layers to keep your money safe. Customer’s accounts and wallets are protected with Two Factor Authentication (2FA), which requires a password and a 2FA device to log in successfully. Withdrawals, account detail updates, and specific high-volume trades all require 2FA confirmation.
The website is integrated with Auth0, which is for in cloud platform security to maintain the highest level of password and account safety. Swyftx has never been hacked or compromised, mainly because of its meticulous security practices and robust technical measures.
Swyftx has never been hacked or compromised, thanks to its meticulous security practices and solid technical protections.
Get Swyftx Today
Swyftx is one of Australia’s best crypto exchange platforms—suitable for both expert crypto enthusiasts and the novice just getting started with crypto trading.
Competitive trading fees of 0.6% for each deal make it a definite standout compared to other exchanges in the market.
Swyftx is one of the most incredible places to purchase, trade, and sell crypto in Australia due to its streamlined user experience, zero AUD deposit fees, and excellent customer service.