Swyftx vs Bybit
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| Swyftx | Bybit |
|---|---|
2.6
Swyftx is #30 in our crypto broker rankings. |
3.1
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 Traders from US accepted |
Traders from US not accepted
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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. |
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
| Bonus Offer | |
| Up To 4030 USDT Welcome Bonus | |
| Comment by Reviewer | |
| "Swyftx will appeal to new crypto traders looking to buy, sell, trade and lend popular tokens like Bitcoin. With Australian roots and support for AUD, it will serve Aussie traders particularly well." | "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." |
| Pros | |
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| Cons | |
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| Instruments | |
| Cryptos | Cryptos, Futures |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $30 | $0 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| $1 | 0.001 Lots |
| Regulator | |
| AUSTRAC | |
| Margin Trading | |
| No | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| No | No |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | Yes |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| No | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | Yes |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| iOS & Android | Yes (iOS & Android) |
| Auto Trading | |
| Via 3rd party software | |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. | |
| Social Trading | |
| No | No |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | |
| Islamic Account | |
| No | No |
| Account Currencies | |
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| Cryptocurrency | |
| 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. | Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. |
| Spread | |
| Variable | Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% |
| Coins | |
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| Crypto Lending | |
| Yes | Yes |
| Crypto Mining | |
| No | Yes |
| Crypto Staking | |
| No | Yes |
| Auto Market Maker | |
| No | No |
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