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Introduction to trading on Swyftx

Within this article, we provide an overview of key features and functions of Swyftx and how to use them.

You'll find links to other helpful resources in our Help Centre for more information.

We aim to make it as easy as possible for you to navigate the Swyftx platform.

Getting started

Demo mode

Practice trading crypto with demo mode. You'll start with a paper balance of $10k, so you can learn to use all of our trading features without exposing yourself to any risk.

Turn Demo mode on or off

Swyftx Learn

Swyftx Learn is an educational platform full of high-quality crypto-related resources, such as courses and quizzes, designed to help you navigate the world of crypto.

Deposit funds or crypto

Deposit funds from your bank account

Visit our Help articles for the step-by-step processes:

Deposit Australian dollars
Deposit New Zealand dollars

You can only deposit Australian dollars if you've registered with Australian identification, and vice versa for New Zealand.

Deposit crypto

Visit our Help Centre article Deposit crypto to Swyftx for a step-by-step guide on how to send crypto to your Swyftx account.

Trading

Make a trade

Instant orders, or market orders, are used to buy or sell crypto instantly.

The easiest way to buy and sell crypto is with our Quick Buy feature. Quick Buy simplifies buying and selling crypto with Australian dollars. Read more at Buying crypto.

On our app, find isFilled=No.svg Quick buy on your dashboard, the isFilled=No (4).svg Quick actions menu, asset pages and wallet pages. 

On our web platform, find isFilled=No.svg Quick Buy in the left-side menu or at the top of each asset page.

On trigger orders, also known as stop or limit orders, will execute when the trigger price you set is reached.

Auto invest (Recurring orders) allows you to deposit money automatically and buy crypto all at once, as often as you like.

Base currency

Your base currency determines which asset you purchase crypto with or what you receive in exchange for crypto when selling. Your trades may not execute correctly if you don't select the correct base currency.

Change your base currency

Check your balances

App

Go to newwallet.svg Wallet in the toolbar to see your trading balances or total combined balances.

Your balance also shows on the newdashboard.svg Dashboard when you first log in.

Web

Go to the Dashboard to see your balance as a pie chart, your total balance, and your growth percentage.

Cryptocurrency bundles

We've made buying multiple assets easy! Don't know where to start? Our crypto bundles allow you to buy a curated selection of assets in one transaction.

Swapping crypto

Swapping allows you to trade one asset for another in a single transaction. For example, using a swap, you can exchange Bitcoin for Ethereum in a single step rather than making two separate trades.

You can swap any cryptocurrency listed on the platform for another!

Price alerts

Never miss market movements with Price alerts. Create price alerts for any asset we list on Swyftx and get notified when your selected targets are met.

You can access your price alerts from your Dashboard or a single asset page in Assets or Wallet. Price alerts can be set by price target or by % changes.

You can also edit, pause, delete, and filter your price alerts. To learn more, visit our support article Price alerts.

Safety, security and spotting scams

Scammers are drawn to cryptocurrency because of its irreversible nature. Once they have taken your money, it can be challenging or even impossible to recover.

It's important to take the time to research and educate yourself about the risks and how to prevent them.

By being proactive and learning how to spot scams, you can ensure that your investments and savings are safe and secure.

Swyftx also strongly encourages the addition of two-factor authentication (2FA). 2FA is the most significant upgrade you can make for your account security.
Read more: Set up two-factor authentication

Withdraw funds or crypto

Withdrawing funds to your bank account

Visit our Help articles for the step-by-step processes:

Withdraw Australian dollars
Withdraw New Zealand dollars

You can only send AUD to an Australian bank account and NZD to a New Zealand bank account.

Withdrawing crypto to another wallet

Visit our Help Centre article Withdraw crypto from Swyftx for a step-by-step guide on how to withdraw crypto from your Swyftx account.

We may ask you to complete further verification before withdrawing crypto.

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