Comparison of Swyftx vs Cointiger [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Swyftx vs Cointiger comparison!

Your expert: Alejandro Borja

Swyftx

Swyftx

  • Threenvest valuation: 4/5
  • US legal: No
  • Security: High 4,6/5
  • Mobile App: No
Go exchange

Investing risks losing your money

Your expert: Xavier Tarrasó

cointiger

Cointiger

  • Threenvest valuation: 3/5
  • US legal: No
  • Security: High 4/5
  • Mobile App: Yes
Go exchange

Investing risks losing your money

Main points

Fees

≈ 0,06%

Earns

No

Customer service

4/5
0,08%/0,15%

Fees

No

Earns

3/5

Customer service


Recommended for

Beginners

Yes

Trading

Yes

Passive income

No

Buy and hold

Yes
No

Beginners

Yes

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

4.0 – Competitive fees with strong local support in Australia and New Zealand.
4.0 – Competitive fees with additional benefits for token holders.

Level

≈ 0,06%
0,08%/0,15%

Brief explanation

Swyftx charges a competitive trading commission which is built into the spreads, typically around 0.6%, making it quite transparent and straightforward. The platform does not charge any deposit or withdrawal fees for AUD transactions, which is a notable advantage for local users. Additionally, Swyftx keeps its fee structure uncomplicated with no hidden charges, allowing traders to easily understand what they will pay when executing trades on the platform.
CoinTiger offers competitive trading fees with a clear and straightforward structure. For spot trading, the exchange charges a 0.15% fee for takers and a 0.08% fee for makers. This is quite favorable compared to the global average of around 0.25%. For futures trading, the fees are even lower, with makers paying 0.025% and takers paying 0.07%. CoinTiger also has a VIP system that offers tiered discounts based on trading volume, which can significantly reduce these fees. There are no deposit fees, but withdrawal fees vary depending on the cryptocurrency, with Bitcoin withdrawals costing 0.0005 BTC, which is below the industry average .

Swyftx

Swyftx
Read Swyftx review
  • Year Founded: Since its establishment in 2018, Swyftx has quickly grown to become a key player in the Australian cryptocurrency market. This rapid growth and sustained presence highlight its stability and enduring appeal to users.
  • Number of Users: Swyftx boasts a large user base, which is a testament to its popularity and trustworthiness. A significant number of users also suggests a high level of satisfaction and reliability.
  • Security Methods: Swyftx employs robust security measures including two-factor authentication (2FA), biometric logins, and custom withdrawal whitelist settings. These features ensure that users' funds and data are protected against unauthorized access.
  • Trading Volume and Liquidity: The exchange has a high trading volume and liquidity which ensures that users can buy and sell their assets easily without a significant impact on the prices, which is crucial for both new and experienced traders.
  • Reputation and Reviews: Swyftx has garnered positive reviews for its user-friendly interface, responsive customer service, and transparent fee structure. Its reputation within the Australian market is strong, with many users recommending it for both beginners and experienced traders.
  • Pros
  • User-friendly interface
  • Extensive cryptocurrency support
  • Competitive trading fees
  • Cons
  • Limited international availability
  • Higher market spread

Read Swyftx review

Cointiger

cointiger
Read Swyftx review
  • Year founded: CoinTiger was founded in 2017, establishing itself as a relatively mature player in the cryptocurrency exchange market .
  • Volume managed: CoinTiger has demonstrated significant trading volume, with a peak 24-hour trading volume reaching $673.3 million in October 2022, reflecting high activity and liquidity on the platform .
  • Number of users: The platform has amassed over 2 million users globally, indicating a broad user base and a significant level of trust from the community .
  • Reputation and reviews: Despite some mixed reviews, CoinTiger generally maintains a positive reputation in the crypto community, supported by its user-friendly platform and competitive fees .
  • Security methods: CoinTiger implements robust security measures, including two-factor authentication (2FA), cold storage for cryptocurrencies, and partnerships with security firms like John Wick Security Lab .
  • Pros
  • Robust security measures implemented.
  • Wide selection of cryptocurrencies available.
  • Competitive trading fees.
  • Cons
  • Customer service can be slow.
  • Complex interface for beginners.

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Product selection

Native token

No
No

Earns

No
No

NFT marketplace

No
No

Cripto/debit card

No
No

Company information

Full name

Swyftx Pty Ltd.
TAI YI INTERNATIONAL TECHNOLOGY PTE. LTD.

Regulation

Regulated in Australia
Not regulated

Year founded

2017
2017

Founder

Alex Harper
Unknown

Payment methods

Transfers

Yes
No

Mastercard

Yes
No

Wire transfer

Yes
No

Card

Yes
No

Comparative table

Swyftx FEATURES Cointiger
Swyftx allows for relatively low minimum trades, making it accessible for beginners who wish to start small.
Minimum Trade
Allows low minimum trade amounts, making it accessible for beginners.
The platform has competitive fees, lower than many of its local competitors, though slightly higher than global exchanges.
Trading and Transaction Fees
Competitive fees but could be lower for high-volume traders.
Swyftx offers a wide selection of cryptocurrencies, catering to traders interested in both popular and less-known coins.
Number of Cryptocurrencies
Supports over 150 cryptocurrencies, providing diverse trading options.
Offers a robust range of trading pairs, enabling flexible trading strategies across various digital assets.
Crypto-to-Crypto Trading Pairs
Wide variety of trading pairs available, enhancing trading flexibility.
The Swyftx website provides clear, detailed information on fees, policies, and trading options, aiding users in making informed decisions.
Website Transparency
Clear information available, but lacks detailed regulatory disclosures.
The Swyftx crypto debit card seamlessly converts cryptocurrencies to fiat for easy everyday transactions, with added benefits such as reward points on purchases.
Credit/Debit Card
Does not offer its own exchange card for purchases and benefits.
Provides secure storage options, though it’s always recommended users keep large amounts in personal wallets for added security.
Storage Offering
Provides secure storage with cold wallet options, ensuring asset safety.
Offers staking options but with fewer choices and rewards compared to leading competitors.
Staking and Rewards
Offers staking options with competitive rewards, appealing to passive income seekers.
Both mobile and desktop platforms are highly rated for their user-friendly interfaces and functionality.
Mobile App and Desktop
User-friendly mobile app and desktop interface, facilitating easy access and trading.
Generally responsive and helpful customer service, but peak times can see slower responses.
Customer Service
Limited support options and slow response times, needing improvement.
Deposits and withdrawals are generally efficient, though some users report delays during high-demand periods.
Deposit and Withdraw
Supports various deposit and withdrawal methods but can face delays.

Key features

Analysis tools

Advanced charting tools, technical analysis
Basic charting tools, technical indicators

Mobile APP

No
No

Security

High 4,6/5
High 4/5

Additional features

Staking, fiat on/off ramps, Swyftx Earn, demo mode
Margin trading, futures trading, staking, CoinTiger token (TCH) rewards

Anonymity

No
Yes

Key points

Available cryptocurrencies

300+
100+

User-friendliness

Swyftx features an intuitive and user-friendly interface that is easy to navigate, making it suitable for beginners. The platform focuses on providing a seamless trading experience.
CoinTiger offers a user-friendly platform that is easy to navigate, making it suitable for beginners. The interface is designed to facilitate a smooth trading experience with all necessary features easily accessible.

Value for money

Delivers good value for money with competitive fees and strong local support in Australia, making it a good choice for regional users.
Offers good value for money with competitive fees and a wide range of supported cryptocurrencies, making it an affordable option for traders.

Countries of operation

Australia, New Zealand
Singapore, United States, Canada, Australia, United Kingdom

Best for

Best for Australian and New Zealand investors looking for a user-friendly platform with competitive fees and strong local support.
Best for traders seeking a platform with a wide range of cryptocurrencies and competitive fees.

Base currencies available

AUD, BTC
USDT, BTC

Account

Trading

Swyftx is a popular exchange in Australia, offering a user-friendly platform and easy fiat integration. It supports a wide range of cryptocurrencies and competitive fees but lacks some advanced trading features.
CoinTiger offers a wide range of cryptocurrencies and advanced trading tools. It has competitive fees but lower liquidity compared to larger exchanges.

Deposit and withdrawal

Swyftx is popular in Australia, offering easy fiat and cryptocurrency deposit methods. Withdrawals are processed efficiently, with competitive fees.
CoinTiger offers multiple deposit options like bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

Swyftx provides an easy and fast account opening process. Users need to provide personal details and verify their identity. The process is fully digital and usually completed within a day.
CoinTiger provides a seamless account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and typically takes less than a day to complete.

KYC required?

Yes
No

Customer Service

Swyftx provides support through email and live chat. The support team is responsive and available 24/7, making it reliable for users in Australia and beyond.
CoinTiger provides support via email and live chat. The support team is responsive and available 24/7, ensuring users get timely assistance.

Security

Swyftx ensures security through 2FA, encryption, and cold storage. It is regulated by Australian authorities, providing a secure environment for investors.
CoinTiger ensures security with 2FA and cold storage. However, it is not regulated by top-tier financial authorities, which might be a concern for some users.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As a cryptocurrency investment analyst, I find Swyftx to be an excellent choice for those new to the crypto market or looking for a user-friendly trading experience. The platform offers a wide range of cryptocurrencies and has a straightforward, easy-to-navigate interface that simplifies trading. While it could improve its offerings for more seasoned traders by adding advanced trading tools, for most users, Swyftx provides a reliable and secure environment to start their cryptocurrency investment journey. If you’re based in Australia, I highly recommend considering Swyftx as your go-to exchange.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert on our website, I recommend CoinTiger for its diverse range of cryptocurrencies and user-friendly mobile app, which make trading accessible for both beginners and experienced users. However, it’s important to be aware of some limitations, such as slower customer support response times and regulatory transparency. Overall, CoinTiger is a solid choice for those looking to explore a wide variety of digital assets with ease.

View all comparisons against Swyftx

View all comparisons against Cointiger

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Swyftx and Cointiger