Choosing a crypto exchange can be challenging, but for many Australians, Swyftx continues to stand out in 2025. Known for its learn and earn features, a user-friendly platform and competitive fees, it has proven to be a popular choice for beginners and seasoned traders alike. In this Swyftx Review, we’ll dive into everything you need to know to make an informed decision about the exchange. This guide cuts through the noise to help you decide if Swyftx is the right exchange for your crypto needs in 2025.
Key Highlights
What I like about Swyftx
Comprehensive Features: It’s not just a basic exchange. Features like demo mode, auto-invest, and the Learn and Earn program make Swyftx an engaging platform.
User-Friendly Interface: Swyftx’s design is not overwhelming: its easy for beginners to navigate.
Competitive Fees: Swyftx offers a flat 0.6% trading fee and low spreads, providing great value for traders.
Supports SMSF Accounts: You can set up a Self-Managed Super Fund (SMSF) account and invest your superannuation in crypto with Swyftx.
What I don’t like about Swyftx
No Advanced Trading Options: It lacks some advanced tools like margin trading or futures trading.
Overview of Swyftx
Swyftx is one of Australia’s most popular cryptocurrency exchanges, with over 700,00 users. It offers a simple and accessible platform for users at all experience levels. Since its launch in 2018, it has earned a strong reputation for its educational features and clean interface, which makes trading crypto both rewarding and uncomplicated.
The platform supports a wide selection of digital assets and allows Australian users to easily deposit AUD via PayID or bank transfer. Swyftx also stands out for its low fees, wide range of trading tools, and responsive customer support. Whether you’re a first-time investor or a seasoned trader, the exchange provides a secure and reliable way to manage your crypto portfolio in 2025.
Cryptocurrencies Available
Swyftx offers a diverse and expanding selection of more than 440 cryptocurrencies. This includes popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), as well as a wide range of altcoins, enabling you to diversify your investment portfolios according to your preferences.
For beginners in particular, Swyftx’s comprehensive list of supported coins simplifies the process of discovering and investing in different digital assets, all within a single, user-friendly platform.
Trading Features
Swyftx provides a variety of trading features designed for both beginners and experienced users:
- Demo Mode: Test your strategies and practice trading risk-free with $10,000 in virtual funds.
- Instant Buy/Sell: Quickly buy or sell crypto with AUD.
- Auto-Invest: Set up recurring purchases to automate your investments, making it super easy to execute the dollar-cost averaging (DCA) investment strategy.
- Stop Loss and Take Profit Orders: Manage risk ahead of time and lock in profits automatically.
- TradingView Charts: No need for a separate TradingView account. Access advanced tools for technical analysis right there on the Swyftx trading interface.
- Price Alerts: Get notifications when your selected assets hit specific price targets.
These features ensure that most of what is required for convenient and efficient trading is found right there, within the platform.
Self-Managed Super Fund (SMSF) support
Swyftx allows Australians to set up SMSF accounts to invest in crypto. This gives users the flexibility to diversify their superannuation portfolio with digital assets. It’s a great option for those looking to achieve long-term growth with non-traditional assets.
Learn and Earn on Swyftx
Swyftx doesn’t just throw beginners into the deep-end. It has a Learn and Earn program which is an excellent way for you to boost your knowledge of crypto while earning rewards. This feature provides short, beginner-friendly courses on topics like trading crypto tax in Australia, how to store crypto securely, and bitcoin market cycles. For example, completing a course on guarding against investment scams could earn you $10 AUD worth of Bitcoin.
Crypto education is exciting with Swyftx, thanks to its combination of learning opportunities and tangible rewards. This focus on helping users make informed decisions has earned it a reputation as Australia’s top educational exchange.
Swyftx Fees
Swyftx has a clear-cut and competitive fee structure with no surprise charges. Here’s a breakdown of the key fees:
- Trading Fees: Ranges from 0.1% to 0.6% depending on your 30-day trading volumes. This is lower than some competitors.
- Spreads: Some of the lowest spreads in the market, starting from 0.41%. This helps you get more value from your trades.
- Deposit and Withdrawal Fees: Free deposits and withdrawals in AUD via PayID, POLi, or bank transfer.
Security Features
Swyftx places a solid emphasis on security. Your funds and personal information would be protected with the following features:
- Two-Factor Authentication (2FA): An extra layer of security which requires a code from your mobile device in addition to your password.
- Biometric Login: Uses fingerprint or facial recognition for secure and convenient access to your account.
- Data Encryption: Encrypts all user data to safeguard it from unauthorized access.
- ISO-Certified Data Centers: Data is stored in highly secure, ISO-certified facilities.
- Regular Security Audits: Swyftx conducts ongoing audits to identify and address potential vulnerabilities.
- Cold Storage: A significant portion of user funds is kept in offline storage to minimise the risk of hacking.
User Experience & Customer Support
Swyftx is designed to provide a seamless user experience for all traders. The platform features a clean, intuitive interface that simplifies the process of buying, selling, and managing digital assets. With helpful tools like price alerts, demo mode, and quick deposits, Swyftx really does provide a hassle-free trading experience.
When it comes to customer support, Swyftx stands out among other exchanges. Their 24/7 live chat feature allows you to get quick answers from a support team based in Australia. There’s also a comprehensive help center with detailed guides and FAQs to address common questions. Whether you’re new to crypto or need assistance with advanced features, Swyftx offers reliable support to keep you on track.
Swyftx has a 4.5/5 star rating on TrustPilot (from 4,859 reviews) and a 4.6/5 star rating on ProductReview (from 4,937 reviews) – better than most other Australian exchanges.
How to Open a Swyftx Account
Opening a Swyftx account is quick and easy – the whole process takes just a few minutes. Follow these simple steps:
- Sign Up
Visit the Swyftx website and click the “Sign Up” button. Enter your email address, create a secure password, and provide your phone number. - Verify Your Identity
Complete the identity verification process by uploading a valid photo ID (like a driver’s license or passport) and a selfie. This step is required to comply with Australian regulations. - Deposit Funds
Once verified, you can deposit AUD into your account via PayID, POLi, or bank transfer. - Start Trading
After funding your account, you’re ready to start buying and selling crypto on Swyftx!
Verdict
Although it leans slightly more towards beginners, Swyftx has a decent range of tools for traders of all experience levels to manage their investments effectively. Along with competitive fees, the platform has many helpful features, including the demo mode, learn and earn program and TradingView charts. Its strong focus on security and responsive customer support ensures that you have peace of mind while you navigate this fast-moving world of crypto.
Are you’re looking for a secure and well-rounded Australian exchange? Then definitely Swyftx is worth considering.
