Swyftx – Best Crypto Exchange for Beginners

Australia is a country with many financial enthusiasts. They keep creating services, tools and the best platforms to invest in the financial markets. Swyftx is one of the best crypto exchanges available in the country.

The exchange offers a lot of advanced features for novice and experienced traders. The easy-to-use facilities and low trading fees are some of its supporting features for investors.

The article briefs traders about the crypto exchange and how it's the best choice for market beginners. So, let's analyse the Swyftx crypto exchange.

Swyftx Crypto Exchange

Swyftx is a popular crypto trading platform in Australia. The exchange was established in 2018 by Alex Harper and Angus Goldman. It offers traders transparent and straightforward trading features with more than 200 coins.

The exchange has proper Australian Transaction Reports and Analysis Centre (ATRAC) regulations. In addition, clients of the platform abide by the rules and regulations of the body.

Also, the crypto exchange focuses on eliminating the limitations many exchanges face. Some of the limits include high spread, manipulation and hyperinflation.

Besides, it is a user-friendly platform with easy-to-use features. As a result, traders can make suitable investments and have direct deposits, withdrawals, and customer services.

Another significant advantage of Swyftx is its visual portfolio management features.

Is Swyftx Beginners Friendly?

The most appealing feature of Swyftx is it is simple to access. Traders can have desktop and mobile versions of the exchange. The design of the application and platform is to meet the needs of both beginners and experts.

They can easily invest in cryptocurrencies. In addition, they quickly navigate between Swyftx wallet, withdrawals, assets, and other functions of the exchange. The sidebar has various features of the exchange.

The mobile app is handy and offers one-click trading. Also, the dashboard of the website is customisable. Therefore, traders can tailor their dashboard as per their needs and convenience.

Moreover, they can have the dark mode and use a demo account to trade. It gives traders a chance to practise and have a risk-free trading experience. Thus, before going live, they can practise the investments.

Hence, the trading platform is beginner-friendly and easy to invest in.

Features of Swyftx

To make trading more convenient and offer clients the best beginner-friendly services. Below we have the features of the Swyftx crypto exchange:

Multiple Deposits

Swyftx allows traders to make deposits using multiple methods. They can easily transfer funds to their accounts with Australian Dollars (AUD). Users can deposit funds worth $50,000 with any deposit method.

The payment method includes:

• OSKO
• Bank transfer
• POLi payment
• PayID

It also has credit card acceptance for trading in financial markets.

Quick Account Verifications

Another essential feature for beginners is quick account verification and opening. The sign-up and verification at Swyftx take less time and is simple. Within a few minutes, traders can have their verification.

Clients have to fill out a registration form with simple details. Also, they need a government ID for the verification. Once they verify, they can start trading with the features of Swyftx.

Spreads

Swyftx offers clients low spreads. It is not like other crypto exchanges that have hidden charges.

The trading platform uses a transparent working policy and has no hidden costs.

The spread charges of Swyftx are not beyond 0.45% for the cryptocurrency.

Moreover, it provides details of the fees applicable for the trading. Thus, there is transparency in its operations.

Automated Tax Reporting

Swyftx provides an automated tax reporting service. The tool automatically generates downloadable tax reports. Thus, it becomes easy to understand the tax payments and any discrepancies.

Security

Security of clients and their funds is the top priority of the Swyftx exchange. The regulation and licence ensure the high safety of clients. The organisation works under the regulations of the body.

It has KYC and anti-money laundering policies. Besides, two-factor authentication, traffic monitoring, and cold and hot wallets to store funds add to its secure trading.

Thus, a secure trading environment for the clients with Swyftx services.

Conclusion

Swyftx is the best crypto exchange in Australia. The range of services, cryptos to trade, and features make it beginners-friendly. They can use the platform easily without much time taking processes.

The platform has multiple deposits, easy verification, low spreads and robust client security. Therefore, Swyftx is the best crypto exchange for beginners.

For further details, traders can follow the details at Best Crypto Exchange in Australia.