Swyftx vs Digital Surge Comparison

Swyftx and Digital Surge are two of the best crypto exchanges available in Australia. In today’s post, we’ve compared the two so you can make the right choice.

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Rating
Cheaper Fees
Payment Methods
Direct Deposit
PayPal
Pay ID
Poli
Features
Beginner Friendly
Mobile App
Cold Storage
2-Factor
Currencies Accepted AUD AUD, USD

Swyftx

Pros

  • Call feature for beginners
  • Lower transaction fee
  • Lower spreads

Cons

  • Automatic conversion from AUD to USD

Swyftx is a Australian cryptocurrency trading and exchange platform. It was conceived in 2017. The company has gained popularity amongst its users due to their commitment towards security as well as ease-of use features that are available on all platforms including mobile apps for Android or iOS devices so you can trade anytime anywhere.

Coin Companion offer: Free $10 to trade with in Swyftx when you register through the link below.

Sign Up Here

Digital Surge

Pros

  • Lower trading fees of 0.5%
  • Easy-to-use interface

Cons

  • No credit card & debit card deposits

Digital Surge has been around since 2017 when it first gained popularity amongst its users, making them one of Australia’s most recognized exchanges. Swyftx offers trading in Bitcoin, Ethereum and 200 other cryptoassets.

Sign Up Here

Fees

How much does it cost to trade on Swyftx and Digital Surge?

First, let’s take a look at how deposit fees work. Deposits on Swyftx costs 0. On Digital Surge they charge POLI: $2 to $3.30, PayID: None for a deposit.

When it comes to buy fees Swyftx charge 0.60% and Digital Surge charges 0.50%.

When selling Bitcoin or other cryptocurrencies, Swyftx takes 0.60% while Digital Surge is 0.50%.

Deposit Methods

Swyftx offers 3 main methods to deposit AUD. They are bank transfers, BPay, PoLi, PayID, credit and debit cards.. The daily limit is 0 per day which most people shouldn’t be concerned about hitting as it’s more than enough for the average user!

Digital Surge allows you transfer funds through their supported payment options which are bank transfers, BPay, PoLi, PayID, credit and debit cards..

Digital Surge’s daily deposit limit is $100k.

The bottom line is, Swyftx is the best choice as they have more deposit methods available which makes it easier to transfer funds.

Security Features

Swyftx also takes security seriously with several measures in place for protecting your assets. Among these features are:

using JWT tokens & session expiry

offering 2FA account protection

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Digital Surge also has security measures in place and here is what they do to protect your assets:

Secure & instant 24/7 deposits via PayID and POLi

Regularly updated multilayered security

2 factor security for all withdrawals

Both exchanges are definitely secure, though it appears that Swyftx has better security features over Digital Surge.

Mobile App

Swyftx has one of the best mobile apps in the industry with its rating being 4.6 on Apple’s app store. The user interface is simple to use for beginners yet it also offers advanced features that experienced traders might miss out on, making this one a winning platform no matter what your skill level may be!

Digital Surge mobile app is highly rated by their users with a user rating of 4.6 on the Apple app store. It has an easy and intuitive interface that makes it great for beginners as well as experienced traders.

Final Verdict

Swyftx has been the top choice for those in Australia for a while now. They offer great exchange rates, 24/7 support and low fees.

Sign up now using the links below:

Swyftx

Coin Companion offer: Free $10 to trade with in Swyftx when you register through the link below.

Sign Up Here

Digital Surge

Sign Up Here

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