Swyftx Trading Fee Calculator
Estimate Your Swyftx Trading Fees
Enter your estimated monthly trading volume to calculate your potential maker and taker fees.
Key Takeaways
- Over 440 crypto assets, with a user‑friendly mobile app and web platform.
- AUSTRAC‑registered, giving Australian‑based legal protection.
- Fees start at 0.10% for market orders; swaps and transfers are fee‑free for most pairs.
- Live TradingView charts, demo mode, and a one‑click portfolio transfer service.
- Integrated tax reporting meets ATO requirements, plus business‑grade tools for SMSFs and trusts.
If you’re hunting for a Swyftx crypto exchange review that cuts through the hype, you’ve landed in the right spot. Below we break down everything a real‑world trader needs to know - from signing up in under five minutes to moving a whole portfolio from Binance with a single click.
What Is Swyftx?
Swyftx is a Sydney‑based cryptocurrency exchange that serves over 1.1million users as of 2025. It operates under AUSTRAC registration, meaning it follows Australian anti‑money‑laundering rules and KYC standards.
Getting Started - Account Setup in Minutes
The onboarding flow is designed for speed. You’ll need a valid Australian email, a phone number for SMS verification, and a government‑issued ID (driver’s licence or passport). The verification step typically finishes in three minutes, thanks to automated document checks.
- Download the iOS/Android app or visit the web portal.
- Enter your email and create a password.
- Verify your phone number.
- Upload your ID - the system validates it instantly.
- Link a payment method (bank transfer, PayID, Osko, debit card, or crypto deposit).
Once approved, you can activate the demo mode to practice trading without risking real capital.
Trading Tools & Core Features
Swyftx blends beginner friendliness with professional‑grade tools. The platform embeds TradingView charts, giving you access to over 100 technical indicators, multi‑time‑frame analysis, and drawing tools. Order types include market, limit, stop‑loss, and recurring orders - perfect for dollar‑cost averaging.
Two standout features launched in 2024 are:
- Portfolio Transfer Service: Move multiple assets from Binance or Coinspot to Swyftx in a single, fee‑free transaction.
- Crypto Swap: Instantly exchange one crypto for another without converting to fiat first. The swap executes as a simultaneous sell‑and‑buy, applying the standard trading fee.
The mobile app mirrors the web UI, so you can set price alerts, trigger automated orders, and watch real‑time market news from integrated news feeds.
Deposits, Withdrawals & Fee Structure
Deposit options are diverse:
- Bank Transfer (NZD AUD, etc.) - usually 0‑1 business day.
- PayID - instant settlement for supported banks.
- Osko - near‑real‑time transfers within Australia.
- Debit card - 2‑5% fee, fastest for small amounts.
- Crypto deposit - network fee only, credited instantly.
Withdrawal fees follow a similar logic: fiat withdrawals via bank transfer are free up to AUD10000 per month; above that, a flat AUD5 fee applies. Crypto withdrawals incur the blockchain network fee; Swyftx does not add a markup.
Trading fees are tiered by monthly volume:
Monthly Volume (AUD) | Maker Fee | Taker Fee |
---|---|---|
0 - 5000 | 0.10% | 0.20% |
5001 - 25000 | 0.08% | 0.18% |
25001 - 100000 | 0.06% | 0.16% |
100001+ | 0.04% | 0.14% |
For most casual traders, the 0.10% maker fee is the effective rate, which is competitive with global exchanges.

Security, Regulation & Trust
Being AUSTRAC‑registered means Swyftx follows strict KYC/AML procedures and must keep user funds segregated from operational accounts. The exchange stores the majority of crypto assets in cold storage, with hot wallets used only for immediate withdrawals.
Two‑factor authentication (2FA) is mandatory for withdrawals, and the platform supports hardware‑based security keys (e.g., YubiKey). In 2024, the company underwent an independent security audit that found no critical vulnerabilities.
Customer sentiment is reflected in a 4.6/5 rating on Trustpilot, based on over 12000 reviews. Complaints typically revolve around delayed identity verification during peak periods, not platform reliability.
Tax Reporting & Business Features
All trades on Swyftx are considered taxable events under the Australian Taxation Office (ATO). The exchange provides a downloadable CSV that categorises each transaction (buy, sell, swap) and calculates capital gains/losses using the FIFO method. For businesses, trusts, and Self‑Managed Super Funds (SMSF), Swyftx offers a separate dashboard that consolidates all crypto holdings, making compliance reporting straightforward.
Pros & Cons - Quick Verdict
Pros | Cons |
---|---|
Regulated under AUSTRAC - strong consumer protection. | Identity verification can be slower during high traffic. |
400+ crypto assets, plus bundles and auto‑invest. | Limited fiat‑off‑ramps for non‑Australian residents. |
Fee‑friendly tiered structure, swaps fee‑free. | Mobile app UI feels slightly dated after recent updates. |
One‑click portfolio transfer from Binance, Coinspot. | Customer support response time varies on weekends. |
Integrated tax reports and business‑grade tools. | No margin or futures trading. |
How Swyftx Stacks Up Against the Competition
Feature | Swyftx | Binance | Coinspot |
---|---|---|---|
Regulatory status | AUSTRAC‑registered (Australia) | Unregulated offshore | AUSTRAC‑registered |
Crypto assets | 440+ | 600+ | 250+ |
Lowest maker fee | 0.10% | 0.02% (high volume) | 0.10% |
Portfolio transfer | One‑click from Binance & Coinspot | Manual withdrawals only | Manual withdrawals only |
Swap feature | Yes, fee‑free | Yes, small spread | No |
Educational resources | Podcasts, guides, demo mode | Academy, blog | Blog, webinars |
For Australian users who value local regulation and a simplified tax workflow, Swyftx often wins out despite a slightly narrower asset list compared to Binance.
Final Verdict - Who Should Use Swyftx?
If you’re an Australian resident looking for a secure, regulated exchange that makes tax reporting painless, Swyftx is a top choice. Beginners will love the demo mode and clear UI, while seasoned traders appreciate the TradingView integration and portfolio transfer service. The only deal‑breaker for high‑frequency traders is the lack of margin or futures products.
Overall, Swyftx delivers a balanced mix of safety, usability, and cost‑effectiveness that few other platforms can match in the Australian market.
Frequently Asked Questions
Is Swyftx safe for storing large crypto balances?
Yes. Swyftx keeps the majority of user funds in cold storage and is regulated by AUSTRAC, which requires strict segregation of client assets.
What fees do I pay when swapping crypto on Swyftx?
Swaps are fee‑free; you only incur the standard maker/taker fee on the underlying market orders, which starts at 0.10%.
Can I move my Binance portfolio to Swyftx in one go?
Yes. The Portfolio Transfer Service lets you import multiple assets from Binance (and Coinspot) with a single, fee‑free transaction.
How does Swyftx handle tax reporting?
Every trade is logged and you can download a CSV that categorises buys, sells, and swaps. The file follows ATO guidelines, making it easy to import into tax software.
What payment methods are supported for Australian users?
Bank transfers, PayID, Osko, debit cards, and crypto deposits are all accepted. PayID and Osko provide near‑instant fiat deposits.
Jeannie Conforti
March 30 2025hey guys i love how swyftx keeps the fees low and the UI real easy to use
it’s great for beginners like us keep it up
tim nelson
April 3 2025i see a lot of people stressing over crypto fees and it can feel overwhelming
knowing that swyftx offers tiered fees might ease that pressure for many traders
Zack Mast
April 7 2025in the grand tapestry of digital finance, platforms such as swyftx serve as modest threads, weaving together liquidity and accessibility. the fee structure, while seemingly utilitarian, reflects deeper market dynamics that echo the age‑old tension between centralization and freedom. yet, one must remain vigilant, for complacency in security can breed unseen vulnerabilities.
Dale Breithaupt
April 10 2025Swyftx's tiered fees are simple: trade more, pay less. the platform also offers quick withdrawals, which is a big plus.
Rasean Bryant
April 14 2025The Swyftx exchange presents a compelling combination of competitive fees, robust security measures, and an intuitive interface, making it an attractive option for both novice and seasoned traders alike.
Angie Food
April 18 2025i cant belive they brzng that excahnge to market it’s a total scam what about hack?? it’s all liars
Jonathan Tsilimos
April 22 2025From an operational perspective, Swyftx integrates a multi‑tiered fee architecture predicated upon volumetric thresholds, thereby optimizing cost efficiency for high‑frequency market participants whilst maintaining regulatory compliance within the pertinent jurisdictional frameworks.
jeffrey najar
April 25 2025Swyftx has positioned itself as a noteworthy contender in the increasingly crowded crypto exchange landscape.
One of its most appealing attributes is the transparent, volume‑based fee schedule that rewards active traders.
For users moving less than $5,000 in AUD per month, the taker fee sits at 0.20%, which is fairly standard for entry‑level platforms.
As the monthly volume climbs into the $25,001–$100,000 bracket, the taker fee drops to 0.16%, providing tangible savings.
The maker fees follow a similar declining trajectory, reaching as low as 0.04% for those surpassing $100,000 in volume.
Beyond fees, Swyftx offers a suite of educational resources that can help newcomers navigate the complexities of digital assets.
The exchange also supports a wide array of fiat gateways, making it easier for Australian users to deposit and withdraw funds.
Security protocols include two‑factor authentication, cold storage for the majority of assets, and regular third‑party audits.
While no platform can claim absolute immunity from breaches, Swyftx’s track record appears solid to date.
Customer support is available via live chat and email, with response times typically within a few hours.
Users have reported that the onboarding process is straightforward, though verification can sometimes take a day or two.
The mobile app mirrors the web interface, offering real‑time price charts and order execution capabilities on the go.
It is worth noting that the exchange does not currently support futures or margin trading, which may limit more advanced strategies.
Overall, the combination of competitive fees, user‑friendly design, and reasonable security measures makes Swyftx a viable option for many traders.
As always, prospective users should conduct their own due diligence and consider how the platform aligns with their individual risk tolerance and investment goals.
Rochelle Gamauf
April 29 2025While the superficial allure of Swyftx might captivate the uninitiated, a discerning investor must scrutinize the nuanced disparities between its ostensibly competitive fee regime and the underlying liquidity provisions that sustain market integrity; the platform, in my estimation, falls short of the rigorous standards demanded by the discerning connoisseur.
Jerry Cassandro
May 3 2025I’ve been looking into the security certifications Swyftx holds and noticed they’re compliant with AML/KYC regulations, which is a reassuring sign for risk‑averse traders.
Parker DeWitt
May 6 2025Honestly, the fee tiers look too good to be true 🤔 but maybe Swyftx is just trying to out‑compete the big names 🚀
Allie Smith
May 10 2025i think swyftx kinda feels like a bridge between the old world finance and the new digital era, i love how it makes crypto feel more accessible even if it’s still a wild ride
Lexie Ludens
May 14 2025Oh, the drama! Swyftx promises security, yet every platform has its shadows-don’t be fooled by glossy UI, the risks linger like a storm waiting to burst!
Aaron Casey
May 17 2025From a liquidity aggregation standpoint, Swyftx leverages deep order‑book integration, which can mitigate slippage for high‑volume executions, thereby enhancing market depth for institutional participants.
Leah Whitney
May 21 2025Keep exploring the fee calculator, it’s a solid way to see how your trading habits could shave off costs over time, and don’t hesitate to experiment with small trades to get comfortable.
Lisa Stark
May 25 2025In contemplating Swyftx, one might reflect that technology is merely a conduit; true value emerges from the intentional choices of its users.
Logan Cates
May 29 2025They say Swyftx is secure, but who knows what back‑door data sharing they might have with unseen entities lurking behind the scenes.
Shelley Arenson
June 1 2025Nice overview!
Joel Poncz
June 5 2025i totally get the hesitation, but seeing the two‑factor auth and cold storage makes me feel a bit safer about using Swyftx.
Kris Roberts
June 9 2025When you look at the exchange ecosystem as a living organism, Swyftx functions as a capillary, delivering liquidity to the far‑reaching cells of the crypto market.
lalit g
June 12 2025The fee calculator provides a transparent view, allowing traders to align their volume expectations with realistic cost assessments.
Reid Priddy
June 16 2025Sure, the fee tiers look appealing, but I suspect the underlying profit model hinges on hidden spreads that the average user never sees.
Shamalama Dee
June 20 2025Remember, regardless of the platform, always diversify your holdings and never invest more than you can afford to lose.
scott bell
June 24 2025the platform’s sleek interface hides a complex web of algorithms that dictate order flow and fee allocation it’s fascinating yet slightly intimidating
vincent gaytano
June 27 2025Oh great, another exchange promising lower fees-because what the world really needed was more competition for our digital wallets.