Australian Crypto Exchange currently offering one of the better signup bonuses - particularly given no deposit is required. Integrates with Koinly for ease of tax reporting.
Offer currently stacks with the Referral Links if you hit one link after the other.
UPDATE: Reports coming in that conditions of the offer have now changed. Sincerely hope that people were able to take advantage of the deal before this change occured.
Referee and referrer each get A$10 worth of Bitcoin credited to your Swyftx accounts after referee makes a trade within 30 days of signing up.
You will get an email when they have responded and you can jump back into chat and wait again.
They only credited $20 instead of $50 for me even though I register prior to 8:20am. CBF arguing further as not really worth my time. I just won't be giving them a go simply out of spite.
Looked further into them whilst waiting on chat with them, they are just a broker anyway, with terrible spreads and high trade fees. Better off going to a normal exchange such as Binance.
I didn't get a email, I just remained on the live chat and I got a response on the live chat about 20 minutes later. They credited me the $50 :)
Got my $50 BTC after an online chat
Lol waste of time. They finally credited my account but the withdrawal fee is approx $40 and the minimum withdrawal amount is approx $80. It's basically worthless after you take the fees into account.
Is the withdrawal fee really $40? Seems extremly excessive.
Yep. 0.0005 BTC withdrawal fee.
Binance charges the same exact fee to be fair. If you want to reduce the withdraw fee perhaps convert BTC>SOL and then the withdrawal fee should be 0.1SOL. There probably are cryptoassets with an even smaller fee. Not sure whether there is a minimum amount required to transfer so double check
Well u can sell it. Get the AUD or buy another coin that’s cheaper to withdraw. Nobody force u to withdraw in BTC
Well, received the $50. Its gone up n down a few cents so still at 50..
Fascinating!!
I signed up at 8.00 am this morning and still can’t see anything… annoying because they have so much personal info on me that I had to give to verify…. Not really okay.
sounds shifty
If you guys are serious about trading Crypto, I would recommend checking out Binance. Their fees are lower (<0.1% vs 0.6%), plus you're trading on an exchange rather than a brokerage, meaning the spreads are basically zero on most trades (rather than 1-2% with Swyftx). Also once you have a reasonable amount of crypto I would recommend you consider taking them off any CEX and moving them to your own wallet. Note Swyftx doesn't show which network you're withdrawing into which always scares me a bit…
FYI I had to go through a ton of hoops with KYC + delays when trying to withdraw FIAT. Keep that in mind in case you need to access your funds - don't expect this process to be quick.
If you hold a tiny amount of BNB & click a setting option, it's 0.075% fees out of the BNB balance, which is incredible compared to the Australian exchanges like CoinSpots' 1%.
Between 1% each way buy/sell as well as the difference between buy/sell price, +5% on Coinspot is a break even on a set of trades.
Binance has instant PayID for deposits with no fees, available within seconds for me, has an absolute huge amount of cryptos for an exchange with fairly enormous volume.
Too bad Coinspot is the most used exchange in Australia from all their advertising, their fees are 10x Binance. I normally end up paying less than $0.05 per trade and with the BNB option I get all of the coins I am buying without any fee reduction.
I transferred 20k of BNB the other day cost be 5c 😊 via Binance to Trustwallet
Was one of the earlier users to get on this deal well before terms change, spoke to support and they said they where going to put it in my account.
I come back to check an hour later to find they disabled my account with a notice saying to check my emails for information. No email received.
They must have gotten a ton from OzB, but that's a bit (profanity) excessive, maybe just say no. I would say that I won't be using their low-quality exchange now, but that wouldn't really mean anything given that I can't anyway.
From what I saw, it wasn't a good user interface, was just going to transfer out which I assume too many people did today for them to go so hard.
Yeah, was in early and had confirmation from them that it would be paid… account has not been disabled, but 22 hours after confirmation and still not paid.
I signed up to the finnies. Sent a screenshot of the email confirmation, got an additional $30 BTC 😀
I had the same… they gave me a $20 good will credit… but thanks to the cached image… I have now challanged that 'Good Will'
Thanks op, I cashed out $53.50 today instantly after selling the $50 worth of Bitcoin that went up slightly over the past week.
Why do people sell when they play with house money?
The worse thing that can happen is a retrace to support and then goes back up.
The best thing is a 100% parabolic move.
How much did you actually receive? Seanneko above said-
"the withdrawal fee is approx $40 and the minimum withdrawal amount is approx $80."
Only fee is 0.6% to convert BTC>AUD, no withdrawal fee to bank account.
So about $0.30 on $50.
Network fee is 0.0005 BTC to send BTC without selling it to another address e.g. to a hard wallet or another exchange etc
Selling to AUD and transfering to your bank obviously wouldn't have this network fee.
Send USDT. Network fee is $1 or BNBs network fee is about 30c
I cashed out $53.50 and pretty much the same amount hit my bank account instantly
How do you get the live chat to work? I went through all the questions the live chat bot asks and I put my question in and it says-
"Thanks! We'll forward this to the appropriate member of the team and they will be in touch to assist further soon!"
Do I just wait on that screen on the live chat?