SWFT Trade Spot Trading Fees Explained
In this guide, we break down all the key fees charged by SWFT Trade, including maker and taker fees, funding rates, withdrawal costs, and any hidden charges. We also highlight available discounts and compare SWFT Trade pricing with that of leading competitors to help you evaluate whether the platform offers strong cost efficiency.
Based on my findings, SWFT Trade’s trading fees are slightly higher than what most competitors charge.
Based on my experience with the TU analytics team, which reviewed the fee structures of more than 200 cryptocurrency exchanges, I’ve drawn the following conclusions about SWFT Trade pricing.
- Notably, SWFT Trade does not offer futures trading, which impacted its overall score compared with platforms that support both spot and derivatives markets.
- However, this limitation is less significant for passive investors, as SWFT Trade offers competitive terms on its crypto spot market.
Below is a closer look at how SWFT Trade structures its trading and non-trading fees.
| SWFT Trade fee | Market average Based on the analysis of over 200 cryptocurrency exchanges | |
|---|---|---|
| Spot taker, % | 0.2 | 0,194 |
| Spot maker, % | 0.2 | 0,15 |
| Deposit fee | 0 | 0 |
| Withdrawal fee | 1% | Vary |
Does SWFT Trade charge fees for deposits and withdrawals?
SWFT Trade generally does not charge fees for deposits, particularly for cryptocurrency transfers.
To help you better evaluate the total cost of using SWFT Trade, we’ve compared its non-trading fees, including deposit and withdrawal charges, with those of its top competitors.
| SWFT Trade | Kraken | OKX | |
|---|---|---|---|
| Deposit fee | 0 | 0 | 0 |
| Withdrawal fee | Network fees | 0.0005 BTC |
0.0004 BTC 2.6 USDT |
Does SWFT Trade offer P2P trading?
No, SWFT Trade does not currently support P2P trading. Users can only trade via the centralized exchange interface.
For a list of exchanges that support P2P trading, check out our dedicated article on the Best P2P Crypto Exchanges.
Minimizing crypto trading costs: Expert tips
Choosing the right crypto exchange is essential for keeping trading costs low and protecting your profits. Based on our recent in-depth analysis of over 200 exchanges across 140+ evaluation criteria, here are expert insights to help you reduce fees, maximize available discounts, and select platforms that align with your trading goals.
Monitor withdrawal fees and network choice
Withdrawal fees can vary significantly depending on the cryptocurrency and the network you select. For example, withdrawing USDT through the ERC-20 network might cost between $10 and $30, while the same transaction via TRC-20 could cost less than $1. Choosing the wrong network can lead to unnecessary expenses or even lost funds if the receiving wallet is not compatible. Always double-check network compatibility and compare withdrawal options before confirming any transfer.
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