Is Swyftx better than Coinbase?
Swyftx is the winner by far, not only are the 0.6% trading fees much lower than Coinbase's 4.49%, but it has multiple fee-free deposit options. On top of that, Coinbase does NOT allow sale of cryptocurrency, so you cannot sell your digital assets or withdraw fiat currency in Australia.
What is a Swyftx account?
Swyftx is an Australian owned and operated crypto exchange that allows users to buy Bitcoin, Ethereum and 290+ other crypto assets. Our Australian exchange also offers advanced trading features such as portfolio tracking and price alerts.
Is Swyftx app down?
No incidents or maintenance related to this downtime.
Is Swyftx better than CoinSpot?
Overall Winner
Swyftx and CoinSpot are very similar in many respects, but Swyftx outperforms in a few ways. Firstly, Swyftx has lower trading fees of 0.6% vs CoinSpot's 1%. Secondly, Swyftx offers a demo account which is a very valuable tool for beginners, because they can practise without risking their money.
Is Swyftx legitimate?
Is Swyftx legitimate? Yes, Swyftx is a legitimate Australian cryptocurrency exchange established in 2017. It is licensed and regulated, and is registered with AUSTRAC (Australian Transaction Reports and Analysis Centre).
What is the best crypto exchange in Australia?
Best Cryptocurrency Exchanges in Australia
- Digital Surge - Best overall in Australia.
- Swyftx - Best for Demo Mode.
- CoinSpot - Best for Security.
- eToro Australia - Best for Copy Trading.
- Binance Australia - Best for Serious Trading.
- Independent Reserve - Best for Crypto Insurance.
- Kraken - Runner-up for Security.
Is Swyftx an Australian company?
Founded in 2018, Swyftx is one of Australia and New Zealand's most progressive cryptocurrency exchanges. The platform was established to be the solution to the many issues associated with traditional cryptocurrency platforms.
What fees do Swyftx charge?
Swyftx charges a low 0.6% trading fee across all trades, with the possibility of lower trading fees for high volume traders. The introduction of our Multi-Currencies feature will allow our users will have the ability to conduct their trades in USD and/or AUD.