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CoinSpot vs Swyftx

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

Australia's largest exchange by user count, with the widest set of local funding rails and a 0.1 percent market-order fee for anyone who avoids the instant-buy button.

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

No verdict

No verdict: both exchanges score 4.4 out of 5 on our rubric, so the rows below decide by what you need.

Criterion
Editorial rating
CoinSpot
4.4
Swyftx
4.4

CoinSpot 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.

CoinSpot and Swyftx compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactCoinSpotSwyftx
Editorial rating4.44.4
Published fees0.1% market, 1% instant buyFrom 0.6%, free AUD deposits
Maker fee0.1 percent on the market-order screen0.6 percent for regular accounts, falling to 0.1 percent at the top volume tier
Taker fee0.1 percent on the market-order screen0.6 percent for regular accounts, falling to 0.1 percent at the top volume tier
Identity verificationRequiredRequired
Bitcoin-onlyNoNo
Payment rails supported43
Countries ranked in11
Ranks first in00
Countries shared11
Security recordNo record on fileNo record on file
Founded20132018
HeadquartersMelbourne, Victoria, AustraliaBrisbane, Queensland, Australia
Last reviewed2026-08-232026-08-23

Where both CoinSpot 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 CoinSpot and Swyftx, with each platform's position in that guide.
CountryStatusCoinSpot ranksSwyftx ranksComparison
AustraliaLegal#2#6Best exchanges there

Frequently asked questions

Is CoinSpot or Swyftx better?

No verdict: both exchanges score 4.4 out of 5 on our rubric, so the rows below decide by what you need. 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, CoinSpot or Swyftx?

CoinSpot: 0.1% market, 1% instant buy. 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 CoinSpot and Swyftx?

Both are ranked in our guides for Australia. CoinSpot is ranked in 1 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 CoinSpot or Swyftx had a security incident?

CoinSpot 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 CoinSpot and Swyftx require ID verification?

CoinSpot: required. Swyftx: required.

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

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