Swyftx and Exodus 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.
visit site
|
visit site
|
|
|---|---|---|
| Rating | 
|
 |
| Cheaper Fees | ||
| Payment Methods | ||
| Direct Deposit | ||
| PayPal | ||
| Pay ID | ||
| Poli | ||
| Features | ||
| Beginner Friendly | ||
| Mobile App | ||
| Cold Storage | ||
| 2-Factor | ||
| Currencies Accepted | AUD | doesn’t accept fiat currencies |
Swyftx
Pros
- Call feature for beginners
- Lower transaction fee
- Lower spreads
Cons
- Automatic conversion from AUD to USD
Swyftx’s Australian-based cryptocurrency trading and exchange platform has gained immense popularity among its users. It is also said to be one of the highest rated exchanges in Australia, with cryptocurrencies such as Bitcoin, Ethereum and 260 other crypto assets on their platform since 2017.
Coin Companion offer: Free $10 to trade with in Swyftx when you register through the link below.
Exodus
Pros
- Total control over your crypto assets
- Integration with Trezor hardware
Cons
- Can’t withdraw to a fiat currency
Exodus offers BTC/AUD as well as 145+ other assets for purchase with AUD.
Fees
It’s important to consider the fees associated with trading platforms. Here is a comparison of Swyftx vs Exodus, two popular exchanges:
Swyftx takes 0 fee for deposits, where Exodus charges a 0.
When buying crypto, Swyftx charges 0.60% of your purchase price while Exodus charges variable spread.
You should also consider sell charges which vary. Swyftx charges 0.60% while Exodus is variable spread.
Deposit Methods
There’s a few options when it comes to transferring money into Swyftx. They offer 6 main methods: ; but the most important thing is what kinds of currencies you want deposited in your account. Swyftx allow AUD as deposits.
The daily limit for transfers on Swyftx are 0 per day (most people won’t need that much).
Exodus offers deposit options that include . Their daily deposit limit is 1 DOT.
We think Swyftx is the best choice as they have more deposit methods available which makes it easier to transfer funds.
Security Features
In the world of cryptocurrency, security is always an important issue.
Swyftx offers a range of security features including:
using JWT tokens & session expiry
offering 2FA account protection
checking for breached passwords on other websites
Each of these features protect your assets from being compromised by a hack or security breach.
In US, Exodus is one of the most secure exchanges. They use a variety of methods to protect their customers from hackers, including:
Users are responsible for safely storing their crypto
require personal information for accounts
Exodus doesn’t hold funds
Our pick is Swyftx as it has better security features over Exodus.
Mobile App
Swyftx has a great, user-friendly mobile app which has a user rating of 4.6 on the Apple app store.
While Exodus does not have an app, it’s website is accessible through a mobile browser.
In terms of user experience and convenience on the go, Swyftx is your best bet.
Final Verdict
Either exchange is a great choice with a great service but Swyftx comes out on top for me.
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.
Exodus