Swyftx Crypto Swap Calculator
Calculate how much crypto you'll receive when swapping between digital assets on Swyftx. The platform charges a 0.6% trading fee for market orders, with no additional conversion charges. This calculator shows the exact results you can expect based on current market rates.
When you’re looking to buy your first Bitcoin or trade altcoins without jumping through hoops, Swyftx stands out as one of the most user-friendly crypto exchanges in Australia. But is it the right choice for you? With over 1.1 million users and a 4.6/5 rating on TrustPilot, Swyftx isn’t just popular-it’s trusted. And unlike many offshore exchanges, it’s fully registered with AUSTRAC, meaning your funds are protected under Australian financial regulations.
What Makes Swyftx Different?
Most crypto exchanges feel like trading floors designed for experts. Swyftx flips that. It’s built for people who want to trade without a finance degree. The interface is clean, the navigation is intuitive, and even the charts feel easy to read. That’s because they integrated TradingView directly into their platform. You get candlestick charts, moving averages, RSI indicators-all without leaving the site. No need to juggle between apps or log into multiple tools. But what really sets Swyftx apart isn’t just the charts. It’s the Swap feature. Instead of selling your Ethereum for AUD, then buying Solana with that cash, you can swap ETH for SOL in one click. The platform executes both trades simultaneously, handling the conversion automatically. You pay the standard trading fee-no extra charges. It’s faster, cheaper, and way less messy than going through fiat.Trading Tools for Everyone
Whether you’re a beginner testing the waters or a seasoned trader watching price action, Swyftx has you covered. You can place:- Market orders (buy or sell at current price)
- Limit orders (set your ideal price)
- Stop orders (automatically sell if price drops)
- Recurring buys (set up weekly or monthly purchases)
Deposits and Withdrawals Made Simple
Swyftx supports multiple ways to fund your account:- Bank transfer (via Osko or PayID-often instant)
- Debit card (instant deposits, but higher fees)
- Cryptocurrency deposits (from other wallets or exchanges)
Portfolio Transfer: The Game-Changer
Here’s something you won’t find on most exchanges: the portfolio transfer service. If you’ve got crypto sitting on Binance, Coinspot, or another platform, Swyftx lets you move it all-dozens of coins in one go-without having to sell and rebuy. You don’t pay any fees for this transfer, and it’s handled securely through their system. This feature was launched after the FTX collapse, when thousands of Australians were looking to move their assets off risky platforms. Swyftx didn’t just wait for demand-they built the solution. And now, it’s one of the main reasons people switch. It’s like porting your phone number, but for crypto. No more juggling 5 different wallets or losing track of small altcoins.
Security and Compliance
Swyftx is regulated by AUSTRAC, Australia’s financial intelligence unit. That means they follow strict KYC rules: you’ll need to verify your email, phone number, and government ID (driver’s license or passport). The process usually takes less than 3 minutes. Once done, your account is locked down with two-factor authentication (2FA) and cold storage for 95% of assets. They don’t store your private keys. You own your crypto. That’s important. Some exchanges hold your keys and say “it’s safe”-but if they get hacked or shut down, you lose everything. Swyftx doesn’t take that risk. Your coins are yours, and you can withdraw them anytime.For Businesses and SMSFs
If you’re running a business, trust, or Self-Managed Super Fund (SMSF), Swyftx offers dedicated tools to track your crypto investments. You can link multiple accounts, generate reports, and even assign roles to team members. It’s rare to find an exchange that supports SMSFs-but Swyftx does. That’s huge for Australians looking to grow retirement savings with crypto.Taxes? They Help You Handle Them
The Australian Taxation Office (ATO) treats every crypto trade as a taxable event-even swaps between coins. Swyftx doesn’t ignore that. They provide built-in tax reports that show your profit/loss across all trades, including swaps and recurring buys. You can download CSV files or PDFs to hand over to your accountant. No more guessing or manual spreadsheets. They also include a disclaimer: “If you’re outside Australia, check your local tax rules.” That’s honest. They’re not trying to give legal advice-they’re giving you the data to make it easier.
What’s Missing?
No platform is perfect. Swyftx doesn’t offer margin trading, futures, or staking rewards. If you’re into advanced derivatives, you’ll need another exchange. Also, the mobile app occasionally needs updates to unlock new features like Swap. You might need to go to Profile > About > Account Settings > Update Client to get the latest version. And while they support 440+ cryptocurrencies, not all of them are liquid. Some low-volume coins have wide spreads, so trading them can cost more than you expect. Stick to the top 50 if you want tight pricing.Who Is Swyftx For?
Swyftx isn’t for everyone. It’s perfect for:- Australians who want a regulated, local exchange
- Beginners who want simplicity without sacrificing tools
- Traders who want to swap coins without converting to AUD
- People moving assets from Binance or Coinspot
- Investors using SMSFs or business accounts
- High-leverage trading
- Staking or yield farming
- Low-fee international transfers
Final Verdict
Swyftx isn’t the biggest crypto exchange in the world-but it might be the smartest for Australians. It combines regulatory safety, powerful tools, and thoughtful features like Swap and portfolio transfer that most global platforms still don’t offer. The fees are fair, the support is solid, and the platform keeps improving. If you’re in Australia and want to buy, sell, or swap crypto without the stress of offshore platforms, Swyftx is one of the few exchanges that actually feels like it was built for you-not for Wall Street or crypto bros.Is Swyftx safe to use?
Yes. Swyftx is registered with AUSTRAC, Australia’s financial regulator, and follows strict KYC and AML rules. 95% of customer funds are stored in offline cold wallets. The platform uses two-factor authentication (2FA) and encrypts all user data. Unlike offshore exchanges, Swyftx operates under Australian law, giving users legal recourse if something goes wrong.
Does Swyftx charge withdrawal fees?
Yes, but they’re transparent. Withdrawing AUD via bank transfer is free. Withdrawing Bitcoin costs 0.0005 BTC (around $30), and Ethereum withdrawals cost 0.01 ETH. Debit card deposits have a 2.95% fee, but bank transfers via PayID or Osko are often instant and free. There are no hidden fees for trading or portfolio transfers.
Can I use Swyftx if I’m not in Australia?
Technically, no. Swyftx requires Australian identification (driver’s license or passport) and a local phone number to sign up. The platform is designed for Australian residents and complies with local laws. If you’re overseas, you won’t be able to create an account. They recommend checking local exchanges in your country.
How does the Swap feature work?
The Swap feature lets you exchange one cryptocurrency for another directly-no fiat needed. For example, you can swap 0.5 ETH for 12 SOL in one click. Swyftx executes both trades simultaneously, using their order book to match prices. You pay the standard trading fee (0.6% for market orders), but there are no extra conversion fees. It’s faster and cheaper than selling to AUD and then buying another coin.
Does Swyftx offer staking or passive income?
No. Swyftx does not currently offer staking, lending, or yield farming. If you want to earn interest on your crypto, you’ll need to use a separate platform like CoinSpot or a decentralized finance (DeFi) protocol. Swyftx focuses on trading, portfolio management, and compliance-not passive income features.
How long does identity verification take?
Usually under 3 minutes. You upload a photo of your driver’s license or passport, take a selfie, and verify your phone number. Swyftx uses automated systems to check your ID against government databases. Most users get approved instantly. If there’s a mismatch, a human reviewer steps in-this can take up to 24 hours.
Can I use Swyftx for my SMSF?
Yes. Swyftx is one of the few Australian exchanges that supports Self-Managed Super Funds (SMSFs). You can create a business account linked to your SMSF, track all crypto transactions, and generate tax-ready reports. Many accountants recommend Swyftx for SMSF investors because of its clear audit trail and compliance with ATO guidelines.
Are there any limits on how much I can trade?
Yes. Limits depend on your verification level. Basic accounts (email + phone) can trade up to $10,000 AUD per day. Fully verified accounts (with ID) can trade up to $250,000 AUD per day. These limits are in place for security and regulatory reasons. You can request a higher limit by contacting support with proof of income or assets.
Johanna Lesmayoux lamare
I switched from Binance to Swyftx last year after the FTX mess. Honestly, the portfolio transfer saved me so much stress. I had like 12 tiny altcoins I didn’t even remember owning-and they just moved over in one go. No selling, no taxes, no panic.
Now I just keep my main stuff here and use other platforms for staking. Perfect balance.
Also, the tax reports? Life saver. My accountant actually thanked me for once.
ty ty
Oh wow, another ‘Australian crypto hero’ post. Let me guess-you also think their 0.6% fee is ‘fair’ because it’s ‘local’? Bro, it’s still 60% higher than Binance’s spot fee. And cold storage? Every decent exchange does that. This isn’t innovation, it’s marketing.
BRYAN CHAGUA
There’s something really thoughtful about how Swyftx designed their platform-not just for traders, but for regular people trying to do the right thing with their money.
Most exchanges feel like they’re built for hedge funds. Swyftx feels like it was built by someone who actually lives in Australia and understands the pain points.
The fact they support SMSFs? That’s huge. Retirement savings shouldn’t be a guessing game.
And the demo account? Brilliant. I wish more platforms had that. It’s not just about profit-it’s about education.
Ashley Mona
OMG YES the SWAP feature is a GAME CHANGER 💫 I used to spend hours selling ETH → AUD → waiting → buying SOL → paying fees twice… now it’s one click and I’m done!
Also, the mobile app update thing? So annoying. I had to go into Profile > About > Account Settings > Update Client like 3 times before it worked. But once it did? Magic.
And the tax reports? I printed mine and my CPA cried tears of joy. 🥹
Also, I love that they don’t hold my keys. I can withdraw anytime. No drama. Just crypto freedom.
Diana Dodu
Why are we even talking about an Australian exchange like it’s the only option? You people act like the U.S. doesn’t have 10 better platforms with lower fees, more coins, and real innovation. This is just nationalism wrapped in crypto jargon.
And don’t get me started on ‘AUSTRAC-regulated’-that’s just a fancy way of saying they’re slower and more bureaucratic. You want freedom? Go global.