SWFT Trade Review 2026
Learn more about TU’s methodology
- 0.01 USDT
- Proprietary Mobile app
- Support for over 800 cryptocurrencies, automatic search for the best exchange rates
Our Evaluation of SWFT Trade
Learn more about TU’s methodology
SWFT Trade is a high-risk cryptocurrency exchange with the TU Overall Score of 2.7 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by SWFT Trade clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
SWFT Trade integrates with numerous blockchains and Layer 2 networks to provide its clients with access to a diverse ecosystem of digital assets. This comprehensive network leverages advanced off-chain transaction processing to enable efficient and cost-effective cross-chain swaps with minimal delays.
How we tested SWFT Trade
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at SWFT Trade
SWFT Trade is a unique hybrid platform that combines the features of a centralized exchange and a cryptocurrency swap aggregator. Built on the SWFT Blockchain, it features its token, Swftcoin (SWFTC). The platform enables users to instantly swap, trade, pay, and share cryptocurrencies. Founded in 2017, the project attracted investment from Draper Dragon within a year. In 2019, SWFT Blockchain became part of the first Berkeley Blockchain Xcelerator program, solidifying its position within leading blockchain innovation ecosystems.
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- Over 35,000 trading pairs are available for direct trade.
- Mobile apps for iOS and Android devices.
- A wide range of cryptocurrencies and access to cross-chain swaps.
- Multi-layered security for all trades.
- The platform does not offer features like margin trading, futures, or other complex financial instruments.
- The quality of swaps and the availability of certain tokens depends on the connected centralized and decentralized exchanges.
TU Expert Verdict
Chief Analytics Officer
SWFT Trade provides access to trading over 800 cryptocurrencies and NFTs through a hybrid platform that integrates centralized and decentralized exchange features. The platform supports more than 35,000 trading pairs, offers instant cross-chain swaps, and features advanced charting with TradingView integration. Users can trade using intuitive web and mobile apps with API support, while deposits and withdrawals are processed in crypto across over 50 supported blockchains. The platform employs security measures such as 2FA, cold wallet storage, and facial recognition, aiming to offer a secure and fast trading experience for both new and experienced users.
However, a notable drawback is that SWFT Trade is not regulated by any government authority or Tier-1 regulator. Additional disadvantages include lack of margin trading, futures, or copy trading, withdrawal fees, support for only cryptocurrencies and not fiat, and spot fees above the industry average. SWFT Trade may not be suitable for traders seeking broader financial instruments, Tier-1 regulatory protection, or a fiat on-ramp, but can serve users seeking broad cryptocurrency access and swift swaps.
SWFT Trade Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | SWFT mobile apps |
|---|---|
| 📊 Accounts: | A single account with access to cryptocurrency exchange |
| 💰 Account currency: | USDT, BTC, ETH, and more than 800 cryptocurrencies |
| 💵 Deposit / Withdrawal: | Only cryptocurrencies, support for more than 50 blockchains |
| 🚀 Minimum deposit: | 0.01 USDT |
| ⚖️ Leverage: | No |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | Depends on the selected pair |
| 💱 Commission: | No |
| 🔧 Instruments: | 300 supported coins, NFT. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Instant execution of transactions via connected exchanges and blockchains |
| ⭐ Trading features: | Support for over 800 cryptocurrencies, automatic search for the best exchange rates |
| 🎁 Contests and bonuses: | No |
SWFT Trade offers competitive prices for buying and selling digital assets by leveraging a hybrid architecture that combines centralized and decentralized approaches. The platform supports a diverse range of over 800 cryptocurrencies and interacts seamlessly with more than 50 public blockchains, including prominent Layer 2 networks such as Polygon and Arbitrum.
SWFT Trade Key Parameters Evaluation
Regulation and Safety
With a 5/10 score, SWFT Trade demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- 2FA
- Facial recognition
- No successful hacks history
- Cold wallet storage
- No investor protection fund
- Not government-regulated
- Not U.S regulated
SWFT Trade Security Factors
We also compared SWFT Trade against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| SWFT Trade | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | Yes | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is SWFT Trade a regulated crypto exchange?
SWFT Trade is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean SWFT Trade is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at SWFT Trade?
KYC verification is not mandatory for opening an account and trading at SWFT Trade. However, unverified accounts have certain limitations, such as lower withdrawal limits and restricted access to certain features.
Is SWFT Trade available in the USA?
SWFT Trade is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, OKX, BTCC .
SWFT Trade commissions and fees
SWFT Trade received a 5.75/10 score for its trading fees. While SWFT Trade is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- No deposit fee
- Spot fee above industry average
What are SWFT Trade trading fees?
We analyzed SWFT Trade’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
SWFT Trade trading fees vs competitors
| SWFT Trade | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.2 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
What are SWFT Trade deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | Network fees |
Does SWFT Trade offer P2P trading?
No, SWFT Trade does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
SWFT Trade received a 4.5/10 rating for its deposit and withdrawal services. SWFT Trade offers limited funding options and may charge fees, which could be inconvenient for many users.
- Google Pay supported
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers not available
- Withdrawal fee applies
Deposit and withdrawal options
SWFT Trade supports the following deposit and withdrawal options: Crypto, Google Pay, Apple Pay.
SWFT Trade Deposit and withdrawal options vs competitors
| SWFT Trade | Kraken | OKX | |
| Bank transfers | No | Yes | No |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | No |
What is SWFT Trade minimum deposit?
The minimum deposit at SWFT Trade is 1 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
SWFT Trade minimum deposit vs competitors
| SWFT Trade | Kraken | OKX | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 5 |
| Minimum trade amount, USD/USDT | 1 | 1 | 1 |
Does SWFT Trade support fiat money?
SWFT Trade does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
SWFT Trade received a score of 3.5/10 in this category, indicating a modest offering of assets and markets. While SWFT Trade covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- NFTs available
- Staking available
- Fiat currencies not supported
- Crypto options not available
SWFT Trade supported coins and markets vs competitors
We compared SWFT Trade with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| SWFT Trade | Kraken | OKX | |
| Supported coins | 300 | 278 | 329 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | Yes |
| NFTs | Yes | Yes | Yes |
SWFT Trade passive income options vs competitors
We also compared SWFT Trade with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
| SWFT Trade | Kraken | OKX | |
| Staking | Yes | Yes | Yes |
| Yield farming | No | Yes | Yes |
| Copy trading | No | Yes | Yes |
Trading apps & tools
SWFT Trade received a score of 7.5/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Positive user feedback on the iOS app
- Mobile indicators allowed
- Android app score 4.5
- Advanced charting with TradingView support
- No trading bots for traders
- Advanced orders not available
- No access to Copy Trading
Trading apps
SWFT Trade provides web and mobile apps for both Android and iOS users, with an average rating of 5 on the App Store and 4.5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the SWFT Trade platform is for mobile use.
| SWFT Trade | Kraken | OKX | |
| 2FA | Yes | Yes | Yes |
| Face ID | Yes | No | Yes |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | No | Yes | Yes |
| Trading with bots | No | No | Yes |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does SWFT Trade offer a desktop app?
No, SWFT Trade does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does SWFT Trade offer advanced charting with TradingView integration?
Yes, SWFT Trade offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
| Official site | https://www.swft.pro/#/ |
|---|
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