Swyftx vs Digital Surge

Two popular Australian crypto exchanges — but which one is right for you? We compare fees, features, security, and more.

By Robert McDougall | Updated February 19, 2026

Affiliate Disclosure: This page contains affiliate links to Swyftx and Digital Surge. If you sign up through our links, we may earn a commission at no extra cost to you. This compensation may influence how we present information, though we aim to provide accurate and balanced content. This comparison is based on our editorial research and may not cover all options available. Learn more.
Important: This information is general in nature and does not take into account your objectives, financial situation or needs. Crypto assets are high risk and volatile. Margin and derivatives trading can lead to significant losses.

Quick Verdict

Swyftx may suit you if you want 440+ coins, demo mode for practice, learn & earn rewards, and a polished beginner-friendly app.

Visit Swyftx →

Affiliate link. Crypto is volatile — you may lose money. Not financial advice.

Digital Surge may suit you if you want lower 0.5% fees, SMSF support, built-in tax reports, and a simple no-frills experience.

Visit Digital Surge →

Affiliate link. Crypto is volatile — you may lose money. Not financial advice.

Head-to-Head Comparison

Feature
Founded 2019 (Brisbane) 2017 (Brisbane)
AUSTRAC Registered Yes Yes
Cryptocurrencies 440+ 300+
Trading Fee 0.6% flat 0.5% flat
AUD Deposits PayID, Bank, Card, POLi PayID, Bank, BPAY
Deposit Fees Free (PayID/Bank) Free (PayID/Bank)
Mobile App iOS & Android iOS & Android
Demo Mode Yes No
Learn & Earn Yes No
SMSF Support Yes Yes (dedicated)
Tax Reports Basic Built-in tax reports
Recurring Buys Yes Yes
BPAY Deposits No Yes
Customer Support Australian-based Australian-based

Highlighted cells reflect our editorial opinion on relative advantages. All figures should be verified directly with each exchange as fees and features may change.

Pros and Cons

Pros

  • 440+ cryptocurrencies (more than Digital Surge)
  • Demo mode to practice risk-free
  • Learn & earn crypto rewards
  • Polished, modern interface
  • AUSTRAC registered
  • Australian-based support
  • Multiple deposit options including POLi

Cons

  • 0.6% fee is higher than Digital Surge's 0.5%
  • Basic tax reporting (not as comprehensive)
  • No BPAY deposits

Pros

  • Lower 0.5% trading fee
  • Built-in tax reports for ATO
  • Dedicated SMSF support
  • BPAY deposits accepted
  • Simple, no-frills interface
  • Brisbane-based Australian company
  • AUSTRAC registered

Cons

  • Fewer cryptocurrencies (300+ vs 440+)
  • No demo mode for practice
  • No learn and earn program
  • Less polished interface

Fees Comparison

Both exchanges offer simple, flat fee structures:

Swyftx charges 0.6% on all trades. This is straightforward and predictable.

Digital Surge charges 0.5% on all trades — slightly lower than Swyftx.

For example, on a $1,000 trade: Swyftx costs $6, while Digital Surge costs $5. The difference is small but adds up over time for active traders.

Both platforms offer free AUD deposits via PayID and bank transfer.

Cryptocurrency Selection

Swyftx offers around 440+ cryptocurrencies, while Digital Surge offers approximately 300+ cryptocurrencies. Both cover all major coins and most popular altcoins.

If you're looking for more obscure or newer altcoins, Swyftx has a larger selection. For mainstream coins, both platforms have you covered.

Beginner Features

Swyftx offers more features for beginners:

Digital Surge has a simpler, more straightforward approach. The interface is clean but less feature-rich. There's no demo mode or learn-and-earn program.

Tax & SMSF Features

This is where Digital Surge shines:

Swyftx offers basic tax reporting and SMSF support, but Digital Surge has made this a key focus of their platform. If tax compliance is a priority, Digital Surge may be more convenient.

User Experience

Both are beginner-friendly Australian exchanges:

Swyftx has a more modern, polished interface with features like demo mode and learn-and-earn that make it particularly good for complete beginners.

Digital Surge has a simpler, no-frills approach. It's easy to use but less feature-rich. Some users prefer this simplicity.

Both have Australian-based customer support and are AUSTRAC registered.

Open Swyftx Account → Open Digital Surge Account →

Affiliate links. Crypto is volatile — you may lose money. Not financial advice.

Frequently Asked Questions

Is Swyftx or Digital Surge better for beginners?
Both are beginner-friendly. Swyftx has more learning features like demo mode and learn-and-earn rewards. Digital Surge has a simpler interface that some beginners prefer. Choose based on whether you want more features or more simplicity.
Which exchange has lower fees?
Digital Surge has slightly lower fees at 0.5% compared to Swyftx's 0.6%. The difference is small but adds up for active traders.
Which is better for SMSF?
Digital Surge has dedicated SMSF support and built-in tax reports, making it particularly suited for SMSF investors. Swyftx also supports SMSF but doesn't have the same level of tax integration.
Which exchange has more cryptocurrencies?
Swyftx offers 440+ cryptocurrencies compared to Digital Surge's 300+. Both cover major coins, but Swyftx has a larger selection of altcoins.
Does Swyftx have a demo mode?
Yes, Swyftx offers a demo mode that lets you practice trading with virtual money. This is great for learning before risking real funds. Digital Surge does not have this feature.
Are both exchanges Australian-owned?
Yes, both are Australian companies based in Brisbane. Both are AUSTRAC registered and have Australian-based customer support.
Robert McDougall
Robert McDougall
Editor • LinkedIn