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Plus $250 AUD of Bitcoin & a Swyftx merch pack

Swyftx

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AUSTRAC

Registered Crypto Exchange

Australian

Owned & Operated

410+

Crypto Assets for Trading

4.5/5

Rating on App Store

Buy crypto in minutes

Sign up for free

No account creation costs

Verify your account

With a valid ID or Passport

Fast AUD Deposits

With bank transfer, Apple Pay, Google Pay

Start investing

Buy from over 410+ assets

Why millions start their journey with Swyftx.

Zero-risk practice mode

Learn to trade crypto in real markets with $10k of virtual cash using our demo mode.

Local Aussie support

Our top-rated and local customer support team is just a live chat or call away.

Learn and Earn

Build your blockchain knowledge, complete quizzes, and earn free crypto.

Serious about security

Committed to upholding the highest standards for compliance and security.

Ready when you are

I want to keep learning

Dive into Swyftx Learn. Discover courses, quizzes, and simple guides to learn more about crypto.

Explore Swyftx Learn

I want to practice

Set up an account and jump straight into Demo Mode to trade risk-free.

Try Demo Mode

Join 1.2 million users who already trust us with their money.

Frequently Asked Questions

Still have more questions?

Demo trading or ‘paper trading,’ is a type of cryptocurrency trading simulation, whereby users can buy and sell cryptocurrencies without financial risk. This is a feature on some cryptocurrency exchanges and crypto trading platforms that gives users an opportunity to understand and experience the cryptocurrency market without purchasing digital assets with real money. With a Swyftx demo account, you can afford to take risks and experiment with different trading strategies.

The cryptocurrency market has performed exceptionally well since its creation, however, it can be highly volatile at times. This means that there is a risk of losing money if trades are timed poorly. There are a number of ways to overcome this. For instance, dollar-cost averaging (DCA) reduces the impact of price volatility on purchases of financial assets.

Demo Mode, on the other hand, allows you to make trading mistakes without financial risk. This is a great way for beginner and intermediate traders who are looking to learn how to trade cryptocurrencies.

Crypto beginners typically find the Demo Mode extremely useful. Swyftx’s crypto demo account simulates real-world trading just without the financial risk.

All Swyftx crypto demo accounts will automatically be credited with $10,000 (USD) in artificial currency. We cannot add or remove funds from this balance. If you would like to reset your balance back to $10,000, you are able to do so by contacting our customer support team.

‘Swyftx’ is a brand of Swyftx Pty Ltd (ABN 72 623 556 730, AFSL 568543). Swyftx’s spot cryptocurrency exchange services are not provided under Swyftx’s AFSL and are not issued, arranged, distributed or authorised by Eightcap Pty Ltd (ABN 73 139 495 944, AFSL 391441) (Eightcap), Web3 Loans Pty Ltd (ABN 48 668 516 952) or Web3 Ventures Pty Ltd trading as Block Earner (ABN 63 655 090 869, ACL 551024) (Block Earner). Derivative products are issued by Eightcap and distributed by Swyftx. Credit products are provided by Block Earner. Swyftx is an authorised credit representative of Block Earner (Credit Representative No 579667). 

The information on this website is general in nature and does not consider your objectives, financial situation or needs. You should consider whether this is suitable for you and your personal circumstances. Any statistics, price references, graphics or information on this page related to the performance of any asset, market or trading account are not indicative of current performance and should not be relied upon when making a decision to invest. This website is not targeted at the public, nor residents, of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful. Digital assets are volatile and carry high levels of risk, you may lose some or all of your investment. Derivative products are highly speculative and carry significant risk. Credit products are subject to lending criteria. Before making any decision about whether to acquire a product, you should read the applicable Terms of Service and, where relevant, the PDS, FSG, Credit Guide and TMD available on Swyftx’s website, as well as the respective product issuer’s website (if applicable).