About This Article

We've written this article to help you navigate Swyftx and learn everything there is to know about Trading on Swyftx. This article outlines all of the key functions involved when it comes to trading on Swyftx, along with links to several of our support center articles and should be read and navigated from the top down, however, feel free to skip sections you are already confident with.

Getting your funds onto the platform:

Once you're ready to begin trading with Swyftx, there are two main ways to deposit your funds to Swyftx; you can either send funds from your bank account or from another crypto wallet that you own. In order to deposit from your bank account, we have provided links to our support articles that outline the deposit options available for both Australian and New-Zealand residents:

Depositing From Your Bank Account

If you have an Australian Swyftx account and want to learn how to deposit funds from your Australian bank account, you can use our handy article How do I deposit AUD?

If you have a New Zealand Swyftx account and want to learn how to deposit funds from your New Zealand bank account, you can use our handy article How do I deposit NZD?

Note: You can only deposit AUD if you have registered with Australian Identification, and vice versa for New Zealand.


Depositing From Another Crypto Wallet

If you are sending funds from another crypto wallet, and want to learn how to deposit crypto onto the platform, you can also use our step by step guide for this process, How to deposit Crypto to Swyftx?

Before you get started:

Demo Mode

Consider taking advantage of our Demo Mode! Each account is funded with a paper balance so you can learn to use all of our trading features without exposing yourself to any risk. If you wish to learn more, you can check out our article on the Demo Mode feature.

Buying Crypto on our platform:

Changing your Base Currency

You always need to make sure that you are using the correct Base Currency, otherwise your trades may not execute correctly. Base Currencies determine which asset you purchase crypto from, or sell crypto to. To find out how to change your base currency, please head to our handy walk through guide, Changing your base currency.


Market Orders

Market Orders are the main way to instantly buy or sell Crypto. They are executed using the immediate balance of your base currency and are also referred to as Instant Buy / Sell Orders. You will be able to find out more information on these orders and how to make them on Swyftx using the instructions below:

Limit Orders

Limit Orders allow you to set orders to execute at certain prices and will trigger if that price has been reached. Limit orders are also referred to as 'On Trigger' on the mobile app. You will be able to find out more information on these orders and how to make them on Swyftx using the instructions below:

Additional Useful Resources for placing orders:

More on Orders:

How to use our Swap Feature:

Our Swap Feature allows you to instantly swap one crypto for another. Using the mobile app, you can also perform swaps of multiple assets into one and one to multiple. This makes trading with Swyftx a breeze! For more information on using this one, check out our handy article, How to use our Swap Feature.

Stop Losses

Stop losses can help you minimize your risk an mitigate loss in a volatile market whilst you are sleeping or away from the platform. For information on how to use these ones on Swyftx, check out the below:

Selling your Crypto

Before you withdraw funds back to your bank account, you will first need to sell your crypto. You will need to ensure that your base currency is set to the currency you wish to receive in order to withdraw to your bank. If you would like a hand completing this action, you can refer to our guide on selling your assets with Swyftx, How to sell Crypto on Swyftx?

Spreads, The Difference Between Bid, Ask and Mid.

Spreads are a key component of any cryptocurrency market, and help make the trading experience of our users more seamless. You'll have to be aware of the difference between the Bid and Ask prices for the assets listed on Swyftx. To find out more, check out our handy article, What's the difference between Bid, Ask and Mid?

Price Alerts

How to Use Price Alerts

Price Alerts can enable you to receive notifications when the price of a coin has reached an area of your interest. This can be useful if you are currently away from the platform.

Price Alerts

Earn

Getting Started

Earn allows you to take advantage of your idle balance and generate rewards from the crypto sitting in your portfolio. Swyftx currently supports earning through rewards for multiple assets and is consistently listing new assets for Earn regularly. For more information on how to take advantage of this one, check out our article, Getting started with Earn.

Withdrawing Your Funds

Withdrawing Funds to your Bank Account

If you have an Australian account and want to learn how to withdraw AUD to your Australian Bank Account, you can check out our guide, How to withdraw AUD from Swyftx?

If you have a New Zealand account and want to learn how to withdraw NZD to your New Zealand Bank Account, you can check out our guide, How to withdraw NZD from Swyftx?

Note: you can only send AUD to an Australian Bank account and NZD to a New Zealand Bank account. You will also only be able to send AUD if you have registered using Australian Identification. The same applies to New Zealand Accounts.

Withdrawing Funds to another Crypto Wallet.

We also facilitate the withdrawal of cryptocurrency over the blockchain to another wallet or platform, provided there is no issues with the details of the transfer. For more information on how to complete a withdrawal, you can check out our guide on Crypto withdrawals, How to withdraw Crypto to an external wallet?

Further Questions

If you have any further questions about trading on our App or Web-platform, please don't hesitate to get in touch with our friendly support team and we'd be more than happy to assist!

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