Summary
Swyftx is a Brisbane-headquartered broker-style exchange operated by Swyftx Pty Ltd, which appears on AUSTRAC's virtual asset service provider register. Funding carries almost no friction: AUD bank transfers, PayID and Stripe card deposits are free, and bank transfers have no minimum. The cost sits in the order itself: a 0.6% base trading fee plus a spread that is built into the displayed price but not published as a figure. With a 0.50% spread estimate, A$1,000 into USDT costs about A$11.00, above CoinSpot Markets (A$2.50), OKX (A$8.00) and Kraken Pro (A$9.00). Its advantages are elsewhere: card purchases carry no deposit fee, and the same brand offers free NZD bank deposits in New Zealand.
