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Free $20 Worth of Bitcoin (BTC) for Signup & Verify @ Swyftx

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Swyftx is offering $20 AUD worth of Bitcoin for simply signing up & verifying an account.

It used to be $10 but seems to have increased to $20 for a limited time. Credit to the long-running post here:
https://www.ozbargain.com.au/node/661421

Note: This offer cannot be used in conjunction with the referral offer. If you have used a referral link, you must satisfy the requirements of the referral program instead, in order to receive any sort of bonus.

EDIT: Needs Gold level verification

EDIT: Promo page has been taken down

Referral Links

Referral: random (352)

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.

Related Stores

swyftx Crypto Exchange
swyftx Crypto Exchange

Comments

  • +14

    Probably Increased to $20 because that's the same amount of Bitcoin

  • -1

    Elon musk is as rich as 300,000 BTC!

    • That's how that krok has really made his fortune.

  • +3

    Will be worth $2600 by 2045 if Michael “The Chad” Saylor is right.

    • Is that what’s he predicting?

  • +1

    Does this stack with referral?

    • No, does not stack with referral, unfortunately.

  • +1

    https://www.ozbargain.com.au/node/196172

    Who else still has the, at the time, $5 from this deal in 2015?

    Edit: also https://www.ozbargain.com.au/node/329506

  • -5

    lol was given more than 3000 BTC free many years ago, yeah

    • Damn. Still have it?

      • +11

        Would you be on OzBargain if you had that?

        • +4

          Probably. Depends on your upbringing really.

          • +7

            @TheJoker: Sure, even if I had a few million dollars I’d still be here to save wasting money… but if I had $457,818,000 I could donate $1m a year to charity and still wouldn’t need to be here aha

  • +4

    Next year that'll be worth 40 billion dollars

  • +4

    I have verified the account, how much time does it usually take to get the $20 bonus reflect in the dashboard?

    • I'm not sure if it's required for the $20 promo, but have you authenticated your ID? (sent photos of your face and ID).

    • It's been couple of days, I'm gold verified, and still no $20. Any solutions?

  • +7

    damn, this post is too bullish for my liking.
    A post like this 3 months ago would have everyone screaming scam or pyramid scheme.

    • +1

      Self fulfilling prophecy. Social Media " Bull run in 2025". So it is so…
      What's changed in 4 years. Banks / exchanges making it harder to on/off ramp. Not really a bull signal..but it's all silly season anyway.

      Good for the banks when people borrow to invest in a "sure thing".

      Good for the tax man when people move tokens around and stake.

      If it goes to zero…banks and the tax man still must be paid in full.

      Who's really at the helm!!

    • 24 hours and no $20. This seems like a scam site.

  • They’re making too much money

  • +1

    Swyftx is a good platform with fantastic support but you do pay for it in fees. If your after only BTC I recommend Bitaroo

  • Good platform, I have BTC on there

  • +1

    I signed up using one of the referral links above, it says "$10 BTC" plus you have to make a deposit and do a trade within 30 days to get that

    • do you get the $20 for this and also $10 if using referral (assuming you make a deposit and trade within 30 days)

  • -2

    I use revolut, cheaper fees at the time and have a bit more functionality or other services that I can use.

    So far my doge coin is making the bucks for me.

  • -1

    Good Morning Emperor, you look absolutely spliffy in that outfit!
    Doesn't he everyone?

    (Did somebody say KFC dry cleaners ?)

  • +3

    signing up any major platform and have your id validated is #1 violation against bitcoin/crypto protocol - privacy/anonymous

    • Has been like this since 2018

  • +1

    New to this crypto world, any suggestion on good investment?

    And how much time does it take for sign-up bonus to get credited?

    • +2
      1. buy BTC
      2. keep accumulating BTC
      3. store BTC on a cold wallet, DONT keep it on exchanges
      4. DO NOT SELL BTC for 10-15 years

      BTC is a new digital asset for long term preservation and capital growth. Its a LONG term investment, not a get rich quick scheme.

      Salyor predicts BTC will be $13M USD in ~20 years.

      • +1
        1. Start a SMSF to accumulate more sats and self custody on a hardware wallet
        • Just going to a rabbit hole of running a bitcoin node and it has support for wallet. What’s the difference of having a ledger nano vs your own hard disk running a bitcoin node and using the wallet there?

          • +2

            @xorprime: node offers extra features I dont think average person would use if only accumulating btc and not doing many transactions. Ledger is just easy and also offers support for many other tokens, not just btc. Its portable so can use it anywhere. With Node you have to have access to your computer running it.

      • -1

        Thanks for sharing the insights.

        BTC, however, looks quite costly. Is it worth spending such a huge amount to obtain few BTCs? Or spend in some other low cost crypto's?

        And can you let me know more about 'Cold wallet'? Does "coinbase wallet" app from playstore can be counted as cold wallet?

        TIA.

        • +2

          You dont need to buy a whole BTC, you can start accumulating small amounts, eg 0.01 etc. Its about starting somewhere. If you can of course buy a whole BTC now, great !

          Not many exchanges offer cold wallets - meaning self custody - as in only YOU have the keys to it.

          Coinbase offers choice of hosted wallet or a self-custody wallet. I would still though get a ledger and create your own wallet. Save the back up seed phrase in multiple encrypted locations. There is software you can buy that can encrypt / lock folders on USB or your HDD. Make regular backups of your HDD using software like Acronis.

          You can also setup recurring weekly purchase with AU based exchange like BTC Markets. eg $100 a week and its set and forget. Of course you need to move the BTC out regularly.

  • +1

    Just buy out of the money MARA calls with expiration after Feb 2025. That will print money when BTC rises.

  • With Swyftx, is there a minimum amount to transfer BTC to another person / pay a service?
    I have binance and it requires a minimum amount to be able to transfer it / pay a service.

    Ps: I am learning to use BTC for usenet subscriptions…

    Thanks

  • +2

    Don't sign up using the referral, you won't get the $20.

    Edit: in fact from the previous link plenty of people didn't get anything. I'd be wary of this site.

    • I messaged support, they say you need to complete KYC 1 Gold level verification. I'd say this has been a pretty common reason why many didn't receive their reward.

  • +1

    Tried this a couple of times before. Cannot verify my ID. I've scanned DL and passport and still came back unable to verify.

  • I tried to open an account. Turns out I already had an account. Logged in and found 30 dollars worth of bitcoin waiting for me.

  • Signed up verified and deposited $30 as per the ad but still didn’t get anything….

  • +2

    I sold all my 15 Bitcoin in 2018 at the bottom at $5000. Everyone was saying it was going back down to $1000 back then and I panic sold. I will never forgive myself. Still waiting for a dip to buy back in, it has been 6 years of waiting. Now in 2024 ETH is more expensive than BTC in 2018.

    • -1

      Prolly will go down but not 2018 level. Dont listen to everyone.

      • It will go up in the long run. As Powell said it is basically like gold but digital.

    • You've had dozens of opportunities since 2018 to BTD, but, yeah… you just keep on waiting lol If you bought back in at pretty much at any time prior to hitting 100k, you'd be in profit already

  • +4

    Swyftx are grifters. Closed my account because I violated ToS (which is fair enough). You're not allowed to withdraw your crypto directly to a gambling wallet apparently. Wasn't aware of that so they closed my account, which is all well and good. Until I tried to reclaim my $300 in crypto that was in my account when they closed it. They delete all trace of your account so you can't even log in to place a support ticket. You're left in email address support purgatory where they ignore you for days, tell you there is 'no way they can assist in the returning of lost crypto' and 'too bad' basically.

    I got my crypto back but it took threats and was like pulling teeth. Stay clear and use coinspot where they don't tell you how to use your crypto.

  • +1

    Just Hodl-ing baby!

  • +3

    registered
    deposited
    nothing comes
    absolutely nothing
    cheater

  • +1

    Be careful with this company, their spreads are awful and they have been known to lock up people's money for vague reasons.

    • sounds like cdc

    • You want to see bad spreads? Try CoinSpot. They'll win that competition.

  • +2

    Where are the terms and conditions for the sign-up bonus? The ad is very vague.

    Is a $30 deposit required to qualify for the $20 worth of Bitcoin? Or are they just stating that $30 is the minimum amount you can deposit?

    Do you only need to "verify your identity"? Or do you have to also "authenticate your ID" with photos to qualify?

    • +1

      It is a vague ad. I've since received confirmation via live chat support that you need to complete KYC 1 Gold Level Verification to get the promo.

      • I’ve uploaded my photo ID twice now, and it still hasn’t updated my verification level… I guess I should try the chat support.

  • +1

    Swyftx is a fake exchange. No order book, bad fees and bad spreads. Abuse the free referral money then withdraw.

  • +1

    Bitcoin withdrawal fees on Swyftx is $17.20 AUD as of this morning - so if you're looking at this offer thinking of moving it to a different wallet, you're wasting your time!

    • I thought there was no fees withdrawing to another wallet

      • There are always withdrawal fees involved when transferring crypto from one address/wallet to another. It's just that exchanges always charge a lot more than if you were transferring from a non-custondial wallet.

    • Do we even pay to withdraw our own stuff?? That's absurd

  • It's going to the Moon, buy buy buy

  • +1

    Downvoting - Signed up via link/ verified my identity - nothing received. Maybe a way just to get account stats up..

    Had to use their live support to close my account. They mentioned the only promotion that offers this is the uber summer promotion?

    • +1

      Same still nothing. What a dodgy promo. I'll delete this comment if I end up getting the $20 but nothing for 2 days after doing all the ID checks and authentication.

    • +1

      Finally came through for me. I had to start a live chat for support and ask for it. I'd suggest doing the same.

      • Started live chat. They queried the link and asked where I came across it.

        They then said I needed to complete my verification (kyc) via the app which It didn't say anything about when you do the initial verification.

        Installed app and done that so waiting to see if the signup comes through…

  • +2

    Just signed up and verified account to get some free BTC. But nothing has come through. Do I need to do anything else? Looks like many didn't get any BTC despite signing up as per above comments. Hopefully my ID details are safe to say the least.

    • I suggest starting a live chat with the support team.

      • I started a chat with them which continued over into emails. They are saying this promotion is over and that the url will be taken down soon. What gives.

        • Failed promo: Swyftx, Heritage Bank
          Win: Up bank $20 referral

    • Seems like the above sign-up link was part of uber promotion and the representative confirmed that it is taken down now, however they did honour the bonus which was quite impressive. It requires ID verification though.
      So, if someone still awaiting the bonus, start live chat now before they stop honouring. All the best!

  • -1

    "trinket" coins including rpl when it was very low…

  • Did anyone receive the sign up bonus?

    Live chat option is not working for me unfortunately. Is it the same for others?

    • +1

      I eventually received mine, but I had to use live chat to inquire about it. Also, KYC 1 Gold level verification is apparently required too.

      • Got mine too, needs bit of follow-up on live chat as you stated.

        • Same. Messaged and they applied it.

          They said the original promo was a link through Uber app and needed to be clicked through that.

  • Nothing received, fake news!

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