5,577 reviews
I’ve been using Swyftx for a while now, and honestly, it’s been an amazing experience. The platform is incredibly user-friendly and easy to navigate, even if you’re not super experienced with crypto. Everything is laid out clearly, making buying, selling, and tracking assets really straightforward. What really stands out is their customer service… Read more
— it’s top notch. Any time I’ve had a question, the support team has been quick, helpful, and genuinely easy to deal with.
Overall, Swyftx is a fantastic exchange platform that makes crypto simple and accessible. Highly recommend it to anyone looking for a reliable and easy-to-use trading platform.
Swyftx is overall quite popular as a great crypto trading platform for beginners, particularly if you want a simple UI, support from Australia, and a wide range of cryptocurrencies. Its biggest downside is charging fees
Simple and transparent trading platform. Give me a lot helpful information for trading strategies and security. East deposit and instant withdraw are a plus which I love. Show details
Reviews with attachments
Great site. Great support. 10/10 would reccomend! Love everything about this exchange. Show details
I love this app, so simple and easy to use.. I’m given our Australian crypto platform 10/10 Show details
Hi I’m very happy to join Swyftx It’s very easy to manage to compare to others Some app is very complicated.im very satisfied with Swyftx Thanks Show details
Great crypto exchange as it easily has the lowest fees out of all Australian exchanges with the least spread too. I’ve attached screenshots of the difference between using CoinSpot and Swyftx. The customer support has always been super helpful and responsive when I’ve needed help.
Great experience with Swyftx! The platform is super easy to use for both buying and selling crypto — perfect for beginners and experienced users alike. What I appreciate most is the customer support: the staff are always helpful and quick to respond with clear answers. You really feel like you’re being looked after. Highly recommend! Show details
They asked to verify ID when I last logged in. I did but then the system asked for photo ID and other forms of ID not relevant to my account. I said don't want to and they said if you don't then your account will be suspended. I said "no notice?" then they gave some. Very deceptive, not verification as I said I will update the ID I gave originally, however this was not acceptable. Bad experience for me, apart from the loss incurred :( Show details
A reasonably good exchange for entry level investors but too basic and little customization for advanced users with any history of any type of trading. Most importantly SWYFTX charges an advertised percentage but I feel they also make a large margin off the spread between the buy and sell price (They deny it) -SWYFTX claim its due to low liquidity… Read more
but you will even see a $2000 difference in Bitcoin price (Highest liquidity!!). Seems illegal! This means that your buy price is well above market and your sell price is well under market (spread is about 2%!!!) - In order to breakeven when selling you have to wait for crypto price to reach 2% above your buy price + SWYFTX brokerage fees. SWYFTX also maintain this spread for historical pricing - which is impossible! - There can only be one price at any point in time in the past. Triggered Trades are also executed very slowly and it is highly likely it will be executed at the wrong price!
Latest follow-ups
Not the first time my packages were stolen, SwiftX needs to ring door bells to let the recipient know that they're package is delivered. They do not ring the door bells. They just place packages in front of the property and take pictures then leave. Definitely not professional. Then recipients can't get a refund. Please do better.
Follow-up · Packages was left right on my steps when it was stolen. Ordered some other items that was also delivered by SwiftX. I left a note on my gate in English and in Spanish to ring the door bell and they still didn't ring my bell. Lucky my husband was watching from the camera and was able to get my package. Even with simple instructions they still won't… Read more
Platform looks neat and professional. Since 7 Jan 2026 (or so) it will enable deposit through bank transfer from NZ and I hope it goes smoothly as I am looking forward to it.
Follow-up · Direct transfer from NZ bank account is working fine and just made a small amount of withdraw back to my bank account and is now completed within a day. Quick and easy. Gotta be careful on reference number when deposit to Swiftx as reference number is one off and does not repeat.
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I was trading in swyftx for a few days and i really liked it, but then i got some verification issues and uploaded a few documents to show my income, but instead of explaining or asking for more documentations, the support agent directly disabled my account even though i did nothing wrong. Show details
Follow-up · They asked for my source of income, and i have a family business back in my country, and i gave legit bank statements of the business. Instead of saying that was not enough or giving me an explanation of what they actually require, they disabled my account with no prior notice and said that they’ve disabled it. I tried contacting support many times but never got a proper response
In-depth reviews
I’ve been a Swyftx customer for years, but this recent experience has seriously damaged my trust in the platform. My wife attempted to withdraw her own BTC to a hardware wallet, the system suddenly required a biometric face scan combined with photo ID verification. She's not comfortable providing biometric data, so we contacted support and asked… Read more
if there was an alternative verification method such as manual ID review or another standard identity check.
The response received was simply:
“Unfortunately, there is no other way to complete this - you will have to complete this on your end via the verification portal available to you.”
There was no attempt to escalate the request, no discussion of alternatives besides potential withdrawal to FIAT (which would cause a serious loss), and no willingness to accommodate legitimate privacy concerns. We've been using the platform for years without issues, her funds are already on the exchange, and she was simply trying to transfer her BTC to her own hardware wallet.
The inconsistency and refusal to escalate makes it feel like customers have no control over their own funds unless they agree to hand over highly sensitive biometric data.
We understand that exchanges need to comply with regulations and perform identity checks. That’s reasonable. What’s not reasonable is refusing to provide any alternative verification method or escalation pathway for long-term customers who are uncomfortable with biometric data collection.
If this is how Swyftx treats loyal users when they try to withdraw their own assets, it’s something new users should be aware of before trusting the platform with their funds.
The app is well designed, intuitive and quick to load. The exchange has a good reputation when I did my research to select a coin exchange. They offer self managed superfund trust accounting. Since then, I have been delighted with how quick they are to respond to my questions. Swyftx's support material is well researched and I even earned a… Read more
few SATS reward completing their tax knowledge test. Their support material was also helpful to set up a cold storage wallet. Their transaction fees include a trading fee (0.6% which reduces as your trading volume increases) and a spread which is far more substantial (1.03% on BTC at the time of writing). I wish Sywftx would explicitly show the spread on their tax invoice for the transaction but it is 'hidden' in the difference between the on market price and the 'what you get price'. If you are investing AUD50,000 Sywftx offer an OTC (over the counter) service which I expect will reduce their spread. Overall: their service is excellent, more clarity is wanted on transaction documentation and their charges are competitive.
Absolute confidence that your on a secure platform and have genuine support no matter what your concern is. I've been using Swiftx for approx 1 yr and have used about 4-5 other crypto platforms in this period. None gave been at the level remotely close to Swiftx . After your initial transaction. deposits/withdraws are real time. I think the… Read more
longest I've waited was 30 secs. Their support staff are readily available 24hrs and they treat you with nothing other than courtesy and respect.
I've put some random queries their way and no matter how small they may be, the staff bend over backwards to assist. Not only do you get an actual answer, but they genuinely do everything they possibly can in closing off your concern by way of rectifying.
In a sector that's full of faceless people trying to take your money, often hiding behind ridiculous terms and conditions that they believe somehow negates their obligation to simply do the right thing, it's more than refreshing knowing your knowing that Swiftx staff have integrity.
They have earnt my total trust and I have completed confidence that my money is safe.
I've encountered one single issue which was a concern, and although they could have hidden and closed the door, they owned it and did more than what they were obliged to do.
Fees are on a tier system, which I think is actually fair when comparing to the rest.
Positive reviews
Of all the account providers I’ve dealt with, SWYFTX has been by far the easiest and most professional. Onboarding my personal account was smooth, but what really stood out was how efficiently they handled the setup for both my Company and Family Trust. The entire process was straightforward and well‑managed. The platform itself is clean,… Read more
intuitive, and very easy to navigate, making day‑to‑day use a breeze. Overall, the experience has been excellent and absolutely worth it. Highly recommended.
Working through the process and resolving the steps needed to first receiving BTC then selling and sending this to my bank was made so much easier through the chat bot and human chats, great support, thank you Show details
Has been a great team to work with, very responsive to any queries I have had. So far I have only used the platform to DCA into assets rather than trying to trade. Easy to use and great support.
Negative reviews
Terrible exchange, massively inflated trading costs. Check your value before and after trading and you'll see their costs are way higher than what they advertise. Show details
Been with these guys for 8 years. They may have strict compliance rules, but they couldn’t have put the nose further up my butt to find out what I’ve been eating. Wanting me to clarify 6 year old transactions and proof of it. Pfft get lost. Not only did I verify my external wallet off the platform. Now they want to know which platform? Why not… Read more
ours? If they have crypto we don’t have, what are the crypto? What are you going to spend it on. NONE. Of your freaking business.
Avoid.
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BEWARE of Swyftx as they are not what they seem. I did a lot of research before using this business to purchase some Crypto but when I tried to move it from their exchange to my Cold wallet they have BLOCKED me in every way .Have tried multiple times to move my money out of their exchange and they just won't let me do it.......I am waiting now to… Read more
be informed by them that they have had a breech of security and guess what....my crypto has disappeared. Hopefully it is still mine but just can not move it and they have not helped at all just keep telling me to get in touch with them if there is a problem "Where here to help " They know the problem but have NOT offered any constructive help at all.
Recent reviews
The application did everything I needed it to do, including buying and selling crypto. My local currency withdrawal arrived in my NZ bank account without a hitch. The support staff were very friendly and helpful with any queries I had. The only issue for me is that the app takes a few seconds to change page on my phone; hopefully this will get faster in future updates. Show details
Smart safe place to start, but even though I have advanced to other exchanges after about 5 months for different resources I still refer back to Swyftx daily. Quick and simple access to their charts, before jumping over to deeper analysis charts. From the start they were very thorough with security and making sure I knew what I was doing, to the… Read more
point of contacting my university to make sure I was doing the right thing when starting to move assets to cold wallets. well done Swyftx.
wow...only been on swyft for a few weeks but already SUPER impressed with the system as well as the support. Very professional and the technical support si slick as I had a hacking / scam attempt very early on and needed swfyt help. awesome. feeling like thsi is a very solid platform to be on. Thanks
I've been using Swyftx for my crypto portfolio and honestly couldn't be happier. Being Australian owned gives me confidence my funds are in safe hands. The Auto Invest and DCA features are incredibly easy to set up — perfect for long term investors like me who want to invest consistently without watching the market every day. The Koinly tax… Read more
integration was seamless — took less than 10 minutes to connect and now my ATO reporting is handled automatically. The interface is straightforward and never overwhelming. If you're an Aussie serious about building long term wealth through crypto — Swyftx is the platform to trust.
Been about two to three weeks and so far loving the interface and easy accessibility on both the Website and mobile. Everything is super easy to use and did not take long to get used to. I also like the bundles offered and the option to buy multiple at the same time.
Swyft was my first experience with exchanges and wallets as I dipped my toes into the world of crypto. While I signed up during the acquisition of Easy Crypto and that made things a little confusing, they were a great place to start. Swyft is a rare wallet/exchange that shows my local currency. They had a streamlined KYC process. They have… Read more
excellent knowledge bases and can even take online classes to learn about crypto with them. I would love it if they supported lightening network for BTC. I will use them in the future for my local exchange, but I’d love them the lower fees and offer a custodial wallet function in the future.
Very helpful on boarding. Clear about security of funds which gave me assurance they have this always in mind. Good replacement for cryptonz with growing features. Not quite the same as what im used to with cryptonz hopefully over time they develop the same ease of use with auto investing and dca direct into personal off exchange wallets.
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