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Fees
Earns
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Fees
Earns
Customer service
Beginners
Trading
Passive income
Buy and hold
Beginners
Trading
Passive income
Buy and hold
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| Swyftx | FEATURES | Coinsbank |
|---|---|---|
|
Swyftx allows for relatively low minimum trades, making it accessible for beginners who wish to start small. |
Minimum Trade |
The platform offers a low minimum trade amount, making it accessible for beginners or those looking to start with small investments. |
|
The platform has competitive fees, lower than many of its local competitors, though slightly higher than global exchanges. |
Trading and Transaction Fees |
CoinsBank charges higher than average fees, which could be a deterrent 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 |
Offers a moderate selection of cryptocurrencies including major ones like Bitcoin, Ethereum, Litecoin, and Ripple, but lacks a wider range as seen in larger exchanges. |
|
Offers a robust range of trading pairs, enabling flexible trading strategies across various digital assets. |
Crypto-to-Crypto Trading Pairs |
A decent range of trading pairs is available, though not as extensive as some of the larger platforms. |
|
The Swyftx website provides clear, detailed information on fees, policies, and trading options, aiding users in making informed decisions. |
Website Transparency |
The platform lacks some transparency regarding team details and operational insights, which could affect user trust. |
|
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 |
Dont’ have crypto card |
|
Provides secure storage options, though it’s always recommended users keep large amounts in personal wallets for added security. |
Storage Offering |
Excellent security measures with cold storage options that ensure the safety of digital assets. |
|
Offers staking options but with fewer choices and rewards compared to leading competitors. |
Staking and Rewards |
Offers some staking options, but the rewards and varieties are not as competitive as other top exchanges. |
|
Both mobile and desktop platforms are highly rated for their user-friendly interfaces and functionality. |
Mobile App and Desktop |
Both mobile and desktop platforms are user-friendly and reliable, suitable for trading on the go. |
|
Generally responsive and helpful customer service, but peak times can see slower responses. |
Customer Service |
Provides various channels for support including live chat and email, although response times can vary. |
|
Deposits and withdrawals are generally efficient, though some users report delays during high-demand periods. |
Deposit and Withdraw |
Supports multiple deposit and withdrawal methods including bank transfers and cards; however, the high fees on certain transactions can be a disadvantage. |
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.
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.
We help you invest in the crypto market in the safest way possible.
Threenvest was born by and for you. Our mission is to help you invest in the cryptocurrency market in the easiest and safest way possible. And how do we make money? Very simple, every time you click on any of the platforms that we recommend, it is possible that we get an income. We do not work with unsafe platforms, our standard is only to recommend platforms where we would invest our money ourselves.
© All rights reserved 2024 | Threenvest I/S