Swyftx is a Brisbane-based Australian crypto exchange founded in 2018. Despite being newer than CoinSpot, it has rapidly grown to become one of the most-reviewed and highest-rated exchanges in Australia, with over 650,000 registered users and 440+ cryptocurrencies available.
Swyftx is particularly popular for its transparent fee structure (one flat 0.6% fee), demo trading mode for practice, and recurring buy (DCA) feature. It's AUSTRAC registered, accepts AUD via PayID and bank transfer, and has an exceptional mobile app.
Swyftx keeps it simple — one transparent fee for all trades, no hidden spreads.
| Action | Fee | Notes |
|---|---|---|
| All Buy/Sell Trades | 0.6% | Flat fee — very transparent |
| PayID Deposit | Free | Instant AUD |
| Bank Transfer | Free | 1–2 business days |
| AUD Withdrawal | Free | Bank transfer |
| Crypto Withdrawal | Network fee | Varies by coin |
| Debit/Credit Card | ~2% | Card processor fee applies |
The $10 BTC bonus is only available via referral — it won't appear if you go to Swyftx directly.
Create your account. No deposit required to receive the bonus.
Upload driver's licence or passport. Usually instant via automated checks.
The bonus appears in your account automatically after verification. No deposit needed.
Swyftx has a unique paper trading mode — practice buying and selling with fake money before risking real AUD.
Swyftx is one of the best crypto exchanges in Australia, particularly for beginners who want a simple, transparent fee structure and a beautiful app. The free $10 BTC bonus with no deposit required is one of the best sign-up offers in the market. If you value simplicity, clean design, and great support, Swyftx is your exchange.