Swyftx Review 2026
Registered exchange with real regulatory records.
Swyftx is a crypto exchange founded in 2019. It holds a AUSTRAC registration on the public register.
The record
On file, Swyftx traces to 2019, with its operating base recorded in Australia. Ownership is private, and no equity trades on a public exchange. The order book covers 400 coins and trading pairs, spanning spot and, where a jurisdiction permits, derivatives. The mandate stays inside crypto, spot and derivatives, nothing more.
Execution runs through Swyftx's own web, mobile and API stack. No copy-trading layer is offered on the platform.
| Founded | 2019 |
| Headquarters | Australia |
| Listed coins | 400 |
| Platforms | Web, iOS, Android, API |
| Copy trading | No |
Custody & proof
Exchanges serving Australian clients must register with AUSTRAC and comply with Australian AML law. AUSTRAC enforces reporting and conduct rules, though most crypto assets carry no government-backed compensation scheme.
| Regulator | Licence | Entity |
|---|---|---|
| AUSTRAC | Registered ✓ | Swyftx Pty Ltd |
Cross-check the AUSTRAC entry yourself at www.austrac.gov.au. Each record returns the licensed entity, its current authorisation state, and the exact activities it is cleared to run, a lookup that costs about a minute.
Fee schedule
The rates below are the standing fees on Swyftx. Both sides of the book move with your rolling 30-day volume, and holders of the venue's native token typically settle at a discount.
| Taker fee | 0.2% |
| Maker fee | 0.10% |
| BTC/USD trading fee | 0.2% |
| ETH/USD trading fee | 0.2% |
| Withdrawal cost | Network fee only (varies by coin) |
At 0.2%, the Swyftx taker fee reads in line with the regulated retail field.
Withdrawals, cost and timing
Fee: None. Swyftx does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
No payout clears until identity checks are settled. An account still short of full verification, identity and address on file, will see the timeline stretch. Once a record is complete, payouts track the figures above.
Minimum deposit, entity by entity
What you must fund to open depends on which Swyftx entity your country routes to. Offshore books tend to set the bar lower, in exchange for thinner regulatory cover.
| Entity | Regulator | Min deposit | Max leverage |
|---|---|---|---|
| Swyftx Pty Ltd | AUSTRAC · Registered | None | 1:1 |
Swyftx vs Coinbase
| Swyftx | Coinbase | |
|---|---|---|
| Primary regulator | AUSTRAC Registered | FinCEN MSB Registered |
| Min deposit | None | None |
| Taker fee | 0.2% | 0.6% |
| Listed coins & pairs | 400+ | 250+ |
| Copy trading | No | No |
| Withdrawal fee | None | Varies |
Both records check out as registered venues. The case for Swyftx rests on its platform and the breadth of its coin list; Coinbase pulls ahead where a trader weighs the reach of its specific licensed entities more heavily.
Registrations on file
| AUSTRAC | Registered, Swyftx Pty Ltd |
For retail accounts across the EU and UK, leverage on crypto derivatives is held to 1:1 by local rule.
Strengths and weak points
What works
- AUSTRAC regulated, Swyftx Pty Ltd
- No minimum deposit
- No inactivity fee
- Low taker fee from 0.2%
- 400+ coins & trading pairs
What does not work
- No copy trading
The verdict
The records place Swyftx as a registered, operating crypto exchange, AUSTRAC Registered confirms on the public file. The best fit is traders who want 400 coins and pairs reachable through a registered venue. Score: 4.0 out of 5.
Alternatives to Swyftx
Should Swyftx miss the mark, the registered venues below are worth setting side by side:
Frequently asked questions
Is Swyftx safe?
Exchanges serving Australian clients must register with AUSTRAC and comply with Australian AML law. The AUSTRAC record sits on the official register in public view, open to anyone who wants to confirm it.
What is the Swyftx minimum deposit?
None covers the primary regulated entity. Offshore books can set a different bar, so the entity table above is the place to read the figure that applies to your country.
What is the Swyftx trading fee?
On the record, Swyftx charges about 0.2% to take and 0.10% to make. The schedule tapers as 30-day volume climbs, and native-token holders usually clear at a reduced rate.
How long does Swyftx take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Swyftx charge withdrawal fees?
None. Swyftx does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Swyftx have an API?
Yes. Beyond its web and mobile front ends, Swyftx exposes a public REST and WebSocket API, the hook for automated strategies, custom bots, and outside portfolio tools that read from an account.