Swyftx is an Australian cryptocurrency exchange offering 330+ products, with an impressive $27+ billion in trading volume. The brand is trusted by 600,000+ customers thanks to its competitive fee structure, ISO 27001 security protection and feature-rich trading app.
Uphold is a digital asset platform offering a range of services, from crypto trading and staking to payment cards that provides rewards and easy multi-currency payments. The company was established in 2015 and has enabled $4+ billion in transactions. Uphold is now active in 180+ countries and deals in 200+ crypto and fiat currencies.
Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
Pros
Over 300 cryptocurrencies available, including popular coins like Bitcoin and Ethereum, as well as other altcoins
User-friendly mobile platform with real-time performance tracking, demo mode and a fully customizable dashboard
Regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a digital currency exchange provider
Several fiat funding methods accepted in AUD or NZD with no deposit charges
An option to set recurring deposits for automated cryptocurrency investments
ISO 27001 certification, 2FA/biometric logins and cold storage solutions
Transparent fee structure with spreads as low as 0.41%
You do not need to upload documents or photos
Fees are competitive based on tests, with 26 underlying platforms helping to source the best prices
Uphold continues to remain ahead of the industry, often being one of the first platforms to list new crypto tokens
Crypto staking is available on 30+ tokens with above-average rates up to 16%
Uphold is 100% reserved which helps to protect client funds
Over 250 cryptos are available including major tokens like Bitcoin and Ethereum
The proprietary app is extremely easy to use with a slick design and navigation
UK users can get the Uphold card with up to 2% cashback in XRP
Two-step authentication bolsters user security
Cons
Poor exchange rates may impact your deposits negatively if you don't transfer in AUD or NZD
Swyftx is currently only available to customers in Australia and New Zealand
You need to have a call with an operator to be able to withdraw your funds
Swyftx does not allow users to deposit or withdraw money using PayPal
Live chat response times are slower than many alternatives
The charting analysis features on the platform trail specialist exchanges
Customer service is slow based on tests, with limited contact options
There is a 2.49% fee if you want to use debit or credit cards
Access a decent line-up of 330+ cryptocurrencies with low fees. Invest in popular token like Bitcoin, Ethereum, Tether and Ripple which can be bought, sold, transferred or stored on the broker's proprietary desktop and mobile platforms.
You can buy and sell 250+ crypto assets with fiat currencies or in crypto pairs using the straightforward mobile app or through Uphold's browser-based account homepage. This is significantly more than many rivals. You can also earn up to 16% APY by staking one or more out of 32 valid tokens, or send tokens to an external wallet.
