Institutional liquidity and turnkey trading infrastructure supporting over 1,500 instruments
KYC requiredSpot · Margin +2Futures & perpetualsBank transfer · Card
Swyftx
Australian cryptocurrency exchange focused on spot trading and account funding
3.6/ 5
Our score
Good
KYC required
Yes
Accepts US customers
No
What is Swyftx?
Swyftx is an Australian cryptocurrency exchange serving the Oceania region. The platform offers tools to buy, sell, deposit, and withdraw digital assets.
Team and corporate background
The company was founded in Australia by Alex, who serves as Co-Founder and Chief Technology and Product Officer, and Angus, who serves as Co-Founder and Chief Strategic Advisor. Executive leadership also includes Chief Executive Officer Ryan and Chief Marketing Officer Chris. The exchange's domain was first archived in August 2018.
Platform mechanics and trading functions
Users complete identity verification and can execute spot trades.
Verification and availability
To use trading and fiat transfer features, customers must complete Know Your Customer (KYC) identity checks. Registration requires identity verification. Swyftx focuses primarily on Australia and the wider Oceania region.
Founders
AlexCo-Founder & CTO/CPO
AngusCo-Founder & CSA
Best for:Australian retail crypto buyersTraders needing fiat fundingUsers needing transaction reports
Pros and cons
Pros
- Domain first archived in August 2018
- Focused on Australian and Oceanian users
- Account-security settings and transaction reports
- Dedicated support knowledge base covering trades, verification, and funding
Cons
- Mandatory KYC identity verification prevents anonymous trading
- US customers cannot use the exchange
Our review
3.6/5
Good
Swyftx is an exchange for Oceania users seeking trading tools, with identity verification and a regional focus.
An Australian cryptocurrency exchange, Swyftx is designed for buying, selling, and managing digital assets. Founded by Alex and Angus, it is led by Ryan as Chief Executive Officer and focuses on trading tools and account funding for users in Oceania.
To create an account, users must complete identity verification. Fiat and crypto funding are supported.
Transaction reporting and account-security settings are available. Support resources and guides cover scam prevention and account security.
The exchange focuses on Australia and the wider Oceania region.
Sources (2)
Specs
| Markets | Spot · unverified |
|---|---|
| KYC required ⓘ | Yes · unverified |
| Accepts US customers | No · unverified |
| Mobile app | Yes · unverified |
Not disclosed by the provider: Maker fee, Taker fee, Coins listed, Fiat deposit methods, Proof of reserves, Staking / earn, Licenses & registrations, Security features, Futures & perpetuals, Max leverage (x), Copy trading, P2P market, Earn / savings products, User protection fund, Referral program.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Spot trading interface
Provides trading functions for supported digital assets.
Account verification workflow
Requires identity verification to access trading and withdrawal features.
Fiat deposit and withdrawal
Supports deposits and withdrawals.
Transaction reporting
Users can download transaction reports.
Account-security settings
Provides account-security settings.
Inside Swyftx
Trade
Supports spot trading of crypto assets.
Deposit and withdraw
Manages money and cryptocurrency transfers into and out of user accounts.
Account and security
Provides identity verification controls, contact update options, and account safety settings.
Swyftx screenshots
What users say about Swyftx
User feedback is heavily tilted toward complaints regarding account restrictions and difficulties withdrawing funds.
In their own words
“Honestly this companys communication is a joke and you can tell it's not their support staff's fault. They cop the brunt of the terrible processes and finger pointing swyftx puts on its platform. It is impossible to move your money out of swytfx efficiently.”
“Its not a good platform to trde!!! 1. Swyftx crypto price is higher then what the global price is which impacts your trading 2. You will lose the opportunity to enter into trade as you will paying higher price 3. You will end up losing money”
“I have the same problem, email and phone verification codes aren’t being sent.”
Scam warning: Users report receiving fraudulent phone calls from scammers impersonating exchange security or police officers regarding breached accounts.
Based on 57 Reddit posts and comments from the last 12 months, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used Swyftx? Share your experience below.
FAQ
Who founded Swyftx?
Swyftx was co-founded by Alex and Angus, who serve as CTO/CPO and CSA respectively. Ryan serves as the company's Chief Executive Officer.
Where is Swyftx based?
Swyftx is based in Australia and primarily serves the Oceania crypto market.
Is KYC verification required on Swyftx?
Yes, Swyftx requires users to verify their identity to set up an account and access deposit, withdrawal, and trading features.
What security options are available on Swyftx?
Swyftx offers email and phone verification updates, account protection settings, and guides for spotting scams.
Can I generate transaction reports on Swyftx?
Yes, Swyftx lets users download transaction reports.
Alternatives to Swyftx
Regulated U.S. crypto exchange with 0% spot maker fees and over 200 listed assets
KYC requiredSpot · OTCAccepts US customersProof of reserves
Non-custodial swap aggregator offering wallet-to-wallet trading across 2,800+ cryptocurrencies
No KYCSpot2,800 coins listedCard
Regulated Canadian crypto marketplace acquired by Robinhood with Interac e-Transfer funding
KYC requiredSpot · OTCStaking / earn45 coins listed
European multi-asset broker offering 650+ cryptocurrencies, stocks, and precious metals under MiCAR rules
KYC requiredSpot · MarginStaking / earn650 coins listed
European crypto exchange with 453 assets, MiCA authorization and fees from 0.00%
Spot · MarginStaking / earnMaker fee 0.2%