Swyftx
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swyftx.com
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Swyftx is a crypto exchange that offers a feature-rich platform, low commissions and excellent customer support.
Cryptocurrency exchange
Website
Social media
Date of foundation
2019
Head Office
Australia, Queensland
Types of support
Chat
Facebook
Twitter
Help Center
Languages
English
Founder
Alex Harper and Angus Goldman
The owner of the company
Swyftx
Manager
Alex Harper and Angus Goldman
Minimum entry amount
Verified
No limits
Unverified
No limits
Maximum input amount
Verified
Cryptocurrency
No limits
Fiat
  • to 10,000 AUD
Unverified
Cryptocurrency
No limits
Fiat
  • to 50,000 AUD
Minimum withdrawal amount
Verified
No limits
Unverified
No limits
Maximum withdrawal amount
Verified
Cryptocurrency
No limits
Fiat
  • to 100,000 AUD
Unverified
Cryptocurrency
No limits
Fiat
  • to 50,000 AUD
Exchange Commission
Withdrawal fee: 0.6 %
Spreads: From 0.41 %
Terminals
TradingView
Age restrictions
From 18 years
Number of users
350000+
Number of cryptocurrencies
280+
Margin Trading
No
Tokenized assets
DeFi coins such as UniCoin
Free Demo Account
Yes
Types of accounts
Execution of orders
Stop Limit, Market order, Limit order
Methods of replenishment
Bank card (Visa/MC), Cashless transfer for legal entities, POLi pay, PayID, OSKO
Withdrawal methods
Cryptocurrencies
Account currencies
Cryptocurrencies
Types of cryptocurrencies
Bitcoin, Ethereum, Ripple, Litecoin
Mobile applications
Has mobile apps (iOS / Android)
Trader training
There are instructions for verification, deposit and withdrawal, etc.
A way to store cryptocurrencies
Cold: yes
Hot: yes
Fiat accounts
No
Scalping
No
Stop Loss and Take Profit Function
No
Exchangeability for fiat currencies
You can exchange cryptocurrency for fiat
Basic verification
Yes
Extended AML verification
Regulatory laws
Legislation in Australia
Law of the Russian Federation "On digital financial assets" from January 1, 2021
The Law of the Russian Federation from 07.08.2001 N 115-FZ "About counteraction to legalization (laundering) of incomes received by a criminal way and terrorism financing".
API
Bonuses
Affiliate Program
RegistrationUp to 30% commission on payments of invited users
Benefits
280 digital assets and tokens
Low trading commissions and spreads
Advanced charting and trading functions on the TradingView platform
No deposit or withdrawal fees in Australian dollars
Great support
Deposits that automate cryptocurrency investments
Advanced order types
Downloadable tax reports for seamless bookkeeping
Demo trading for fine-tuning any trading strategy
Access to a self-administered savings fund
Disadvantages
The site is not russified
Company requisites
Overall assessment
8.4/10
Date of update
27.04.2022

    Swyftx is it a scam? Reviews and description

    November 29, 2021


    Swyftx - that crypto exchangewhich was developed by Alex Harper and Angus Goldman in 2017. But the swyftx.com platform was launched later in 2019. The company offers a feature-rich terminal, zero inflation, real spreads and low commissions. This platform is suitable for both experienced traders and beginners. The exchange focuses mainly on traders from Australia and New Zealand. In this article, we will examine what exactly Swyftx offers and whether this project is a scam.

    swyftx.com reviews

     

    Why Swyftx?

    At swyftx.com more than 280 assets can be traded, including Bitcoin, Ethereum, Ripple и Litecoinas well as coins DeFisuch as UniCoin. The site offers low commissions and small spreads, allows you to display cryptocurrencies on the platform TradingViewIt has an incomparable demo mode for learning to trade and exceptional customer support, as well as real-time streaming and two-factor authentication for added security. Platform Features:

    • customizable toolbar for viewing the most frequently used technical indicators;
    • powerful graphical interface TradingView;
    • extended order types;
    • deposits that automate investments in cryptocurrency;
    • downloadable tax reports for seamless maintenance accounting;
    • Demo trading for fine-tuning any trading strategy;
    • access to a self-administered savings fund.

     

    How to exchange cryptocurrency on the platform swyftx.com?

    To exchange cryptocurrency, enter the Assets section and select the coin you want to buy in the list that opens.

    Swyftx exchange cryptocurrency

    In the form, specify how many coins you want to get, the system will automatically put the amount in dollars (American, Australian or New Zealand). Then click on the Buy button and complete the exchange by completing the transaction.

    swyftx.com buy cryptocurrency

    After registering at the site swyftx.com You can exchange cryptocurrency in your personal cabinet. The Trade section has Buy and Sell buttons. Just choose a coin, specify the amount and exchange cryptocurrencies into fiat money and vice versa.

    swyftx.com sell cryptocurrency

     

    Verification on the Swyftx platform

    First you need to create a free account by simply entering your email address and phone number, creating a unique password and agreeing to the company's terms and conditions.

    Swyftx register

    After you create an account in your personal account, you need to confirm your identity. This is an easy online verification process of your email and phone number without the need to upload any documents. This simple verification can be done in the Profile section. After it has been passed, you can withdraw maximum amounts from the site.

    swyftx.com verification

     

    Deposit and withdrawal

    After confirming your account, you can use bank transfer, POLi pay, PayID or OSKO to send funds directly to your Swyftx account. Once your deposit is funded, you can start selling, buying and trading over 280 digital currencies and tokens. In your personal cabinet, enter the menu, scroll to the left column and select Quick Deposit. Or enter Deposit through Trade. Choose the currency you want to deposit your account in. The system will automatically create an address where you want to make the transfer.

    swyftx.com make a deposit

    The situation is the same for withdrawals. You must enter the Withdraw section and select the asset you want to withdraw from the left menu of assets and click on it to go to the withdrawal page for that asset.

    Swyftx withdrawal

    Then you need to add and confirm the address for withdrawal. To do this, you need to go to the withdrawal tab for the asset you want to withdraw, and press the "+" button in the table of addresses for withdrawal. The address must be added and confirmed by a code from the SMS. To it you will withdraw the assets, specifying the amount you want to withdraw.

    Commission of the crypto exchange Swyftx

    The withdrawal fee is only 0.6%. Unverified users can withdraw up to $50,000 per day, while verified users can withdraw up to $100,000. No other crypto-exchange offers such conditions.

     

    Swyftx bonuses

    The project offers commission discounts, a welcome bonus, and an affiliate program. That's what we're going to talk about now.

    Discounts on commission fees

    Swyftx already charges a minimal percentage, the withdrawal fee is only 0.6%. But you can pay even less if you trade more. The size of the discount is calculated individually, based on the total volume of trades.

    Welcome Bonus

    Swyftx is offering a $20 bitcoin bonus for individuals who create an account and complete the identity verification process.

    Affiliate Program

    You can invite your friends to the site swyftx.com on the referral link and receive income. You can get up to 30% commissions from payments of invited persons.

     

    Complaints about Swyftx

    Clients speak positively about this crypto exchange. They write that it is an excellent platform for trading digital assets. It offers a huge selection of coins available for trading. They note the excellent work of the staff, who will quickly help with any problems. Also, the commissions here are very transparent and low. Everything works and the customer service is excellent. You can chat whenever you want and get a quick response. Traders feel safe using the platform, they don't have any problems. We have not found any complaints on the net. The only thing we have found is a request to increase the number of indicators for the trading chart.

    swyftx.com reviews

    If there are any complaints about Swyftx, we will be sure to post on social media. Sign up so you don't miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Regulation of the crypto exchange swyftx.com

    Cryptocurrency exchanges, like any financial companies, can be good or fraudulent. That's why let's look further into the project's regulation.

    Regulator

    Swyftx Crypto Exchange is registered in Queensland, Australia. It is regulated by Australian law. Nothing more is known about the regulation.

    Swyftx User Agreement

    The document states that people over the age of 18 can trade in digital assets.

    Swyftx user agreement

    It also says that when you register and activate your account, you provide personal information such as your name, email address, and other information. It is your responsibility to keep this information up to date and accurate.

    Swyftx personal information

    There are actions prescribed in case you do not go through the account verification process or if you are sent a notice to close your account for a specific reason.

    swyftx.com account blocking

    Problems with the terminal, difficulties with the withdrawal of profits are solved with the support service by e-mail.

    Swyftx support service

    Customer Service

    The support team can be contacted as follows:

     

    Is Swyftx a scam?

    Swyftx is not a scam and fraud, although it does not have a license to carry out financial activities. This is evidenced by the positive feedback from clients. The platform is suitable for both experienced traders and beginners. The emphasis is on the audience from Australia and New Zealand. Apparently, this is why the site is not presented in Russian.

    This exchange is considered one of the best in Australia, it has become a reliable and reputable platform with more than 350,000 users. Individuals can buy, trade and sell 280+ cryptocurrencies for AUD using a secure and beginner-friendly terminal. Since its inception in 2019, Swyftx has become a popular exchange best known for its feature-rich platform, low trading fees, and excellent customer support.

     

    Conclusion

    Swyftx - is a reliable cryptocurrency exchange that has become popular worldwide in just 2 years of operation. The company offers a simple and transparent way to buy and sell more than 280 cryptocurrencies. Users have access to an easy-to-use platform, with rich functionality for beginners and professional traders. There is also a demo account where you can practice trading digital assets and understand the functionality of the terminal.

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