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Coinmama vs Swyftx

Comparing
two exchanges
Decided by
Editorial rating
Last reviewed
2026-08-23
Coinmama3.9

A card-first broker that sends bitcoin straight to your own wallet instead of holding it for you.

Swyftx4.4

Brisbane exchange built around free AUD funding and a demo mode, with a 0.6 percent starting fee that falls with volume.

Verdict: Swyftx

Swyftx rates higher on our rubric: 4.4 against 3.9 for Coinmama.

Criterion
Editorial rating
Coinmama
3.9
Swyftx
4.4

Coinmama and Swyftx, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Coinmama and Swyftx compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinmamaSwyftx
Editorial rating3.94.4 (favoured on this row)
Published feesCommission plus card surchargeFrom 0.6%, free AUD deposits
Maker feeNot published0.6 percent for regular accounts, falling to 0.1 percent at the top volume tier
Taker feeNot published0.6 percent for regular accounts, falling to 0.1 percent at the top volume tier
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported343
Countries ranked in1441
Ranks first in230
Countries shared11
Security recordNo record on fileNo record on file
Founded20132018
HeadquartersVancouver, Canada (Wellfield Technologies)Brisbane, Queensland, Australia
Last reviewed2026-08-122026-08-23

Where both Coinmama and Swyftx are ranked

Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.

Countries whose guide ranks both Coinmama and Swyftx, with each platform's position in that guide.
CountryStatusCoinmama ranksSwyftx ranksComparison
AustraliaLegal#10#6Best exchanges there

Frequently asked questions

Is Coinmama or Swyftx better?

Swyftx rates higher on our rubric: 4.4 against 3.9 for Coinmama. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.

Which is cheaper, Coinmama or Swyftx?

Coinmama: Commission plus card surcharge. Swyftx: From 0.6%, free AUD deposits. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.

Where can I use both Coinmama and Swyftx?

Both are ranked in our guides for Australia. Coinmama is ranked in 144 countries in all and Swyftx in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.

Has Coinmama or Swyftx had a security incident?

Coinmama carries no dated security record on our review yet, a gap in our records rather than a clean bill. Swyftx carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.

Do Coinmama and Swyftx require ID verification?

Coinmama: required; identity verification is required before your first purchase.. Swyftx: required.

The full reviews: Coinmama and Swyftx, each with its sources, and every exchange we review.

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