AUSTRACActive
Australia Virtual Asset Service Provider (VASP)
Swyftx
Regulated in Australia
Virtual Asset Service Provider (VASP)
Basic Information
Country/RegionAustralia
Exchange AbbreviationSwyftx
Company NameSwyftx Pty Ltd
Operating Period5-10 years
Websitehttps://swyftx.com.au/
Trade TypeFiat Trading
RiskNotice
3 risk alerts
- License No.
- 623556730
- Regulatory Jurisdiction
- Australia
- Licensed Entity
- Swyftx Pty Ltd
- Effective Date
- --
- Sharing Status
- No
User Feedback
3
Lacks clarity on regulatory compliance, needs improvement on regional differences. Emotionally engaging content with interactive elements.
Innovative platform with room for improvement. Emotional tone: Interactive and insightful.
Compliance content lacks depth and clarity, needs improvement. Disappointing.
Exchange Overview
Exchange Overview
As one of the best Cryptocurrency Exchanges in Australia, Swyftx Crypto Exchange Australia is a feature rich platform with features that include the ability to automate buy and sell orders, set recurring orders, customise your dashboard, download tax reports and access online customer support.
Business Region
InfluenceA0
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News
5
Pantera CEO on the FTX collapse: Blockchain didn’t fail
Ezra Reguerra 5 minutes ago Pantera CEO on the FTX collapse: Blockchain didnt fail Pantera Capital CEO Dan Morehead argued that the FTX collapse has nothing to do with the promise of blockchain technology. News Own this piece of crypto history Collect this article as NFT With the FTX exchange being highlighted all over the world of finance, trust in the crypto space seems to dwindle. However, Pantera Capital CEO Dan Morehead believes that there are two areas in crypto that truly work. According to the executive, narratives that question blockchain and call it a failure because of the FTX collapse are wrong. The Pantera CEO argued that there are several things in crypto that work, such as regulated exchanges and decentralized exchanges. In a letter to investors, Morehead highlighted that while crypto detractors and skeptical regulators want are purporting the need for a different approach in blockchain trading, the solution is simple. He wrote: “There are exchanges like Coinbase, Kraken, and Bitstamp that, when a client sends money to them, they just put it in a bank. The solution is pretty straightforward.” Apart from regulated exchanges, Morehead also believes that the decentralized finance space also worked well. Specifically, the Pantera CEO pointed toward decentralized exchanges like Uniswap, 0x,
DeFi, NFT, blockchain games: Key takeaways from DappRadar's 2022 review
Gareth Jenkinson 3 minutes ago DeFi, NFT, blockchain games: Key takeaways from DappRadars 2022 review Despite a tumultuous year, DeFi, NFTs and blockchain games drove DApp usage across the industry, according to DappRadars 2022 report. News Own this piece of crypto history Collect this article as NFT 2022 will go down as a challenging year for the cryptocurrency and blockchain space, but the adversity faced has been strewn with plenty of positives for the decentralized application (Dapp) ecosystem. DappRadar has released its yearly report on the industry, focusing on challenges faced alongside notable technological achievements and an increasing number of active daily users. Cointelegraph highlights the main takeaways from the DApp industry in 2022, which are pertinent, considering macro factors like inflationary concerns in major economies, the collapse of industry-specific projects like Terra/Luna and FTX as well as market woes across the board. Perhaps most telling is unique active wallet data (UAW) from 2021 and 2022, demonstrating a 50% increase in the average daily UAW year on year. This is up from 1.58 million daily users in 2021 to an average of 2.37 million daily active users in 2022. Source: DappRadar It must be noted that there was a downtrend of DApp users from February 2022, which DappRadar associated with
Latest in Crypto Hiring: More Fall Victim to Persistent Layoffs
As the year marked by the demise of major industry players comes to a close, several more organizations have announced rounds of layoffs in the last week, preparing for crypto winters low point. Amber Group, according to Bloomberg, plans to reduce its employment from 700 to less than 400 people. The report comes after reporter Colin Wu tweeted on Monday that the company has started laying off hundreds of employees again this month. The company claimed in a tweet on Tuesday that its operations and the WhaleFin app are “business as usual,” but that it is continually altering internal teams and functions. A request for comment was not immediately returned by a representative. Bybit CEO Ben Zhou stated in a series of tweets on December 3 that the company plans to shrink “across the board” in order to be more agile in navigating the market slump. “Difficult decision taken today,” he said, “but harsh times demand tough decisions.” “I have just announced plans to downsize our employment as part of an ongoing corporate reorganization as we target our efforts for the deepening bear market.” A request for comment was not returned by a spokesman. Australian cryptocurrency exchange Swyftx also announced that it would be laying off some
