Category: Swyftx

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Top 3 Coins To Watch This Week: ETH, ELA, OGN – Trading Analysis

Let’s take a closer look at this week’s altcoins showing breakout signals. We’ll dive into the trading charts and provide some analysis to help you.

1. Ethereum (ETH)

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime, and fraud.

Ethereum Price Analysis

At the time of writing, ETH is ranked 2nd cryptocurrency globally and the current price is A$3571. Let’s take a look at the chart below for price analysis.

Source: TradingView

ETH‘s stunning rally to $5647 plummeted over 60 percent during May to sweep consolidation lows at $2576. This sweep of the lows could set the stage for a new bullish cycle to begin. 

The price is currently balancing around the June monthly open. A quick stop runs into support beginning near $2527 could set the stage for a move into the daily gap beginning near $3255 – potentially reaching resistance near $4624.

A sweep of the highs near $3752, followed by a sharp sell-off, could hint that bears are preparing to run the swing low near $2810 AUD. This drop could find support around $2479 in the candle wick that created the May low. If the market remains bearish, the price will likely sweep May’s low into possible support near $2192.

2. Elastos (ELA)

Elastos aims to be a blockchain-powered version of the internet. The project originates all the way back to the year 2000; however, the current version that is based on blockchain technology and has been in active development by Elastos was founded in June 2017.

The team behind the project genuinely believes that Ethereum, as well as DApp platforms, faces limitations in scaling. While they are great for smart contracts, they are slow, not flexible at all, and inconvenient for full applications, according to Elastos. Elastos is a platform for decentralized apps (DApps for short) that claims to solve many of these limitations.

ELA Price Analysis

At the time of writing, ELA is ranked the 366th cryptocurrency globally and the current price is A$5.44. Let’s take a look at the chart below for price analysis.

Source: TradingView

ELA formed relatively equal lows near A$3 after dropping over 81 percent during May. These lows could provide the target for another leg down, possibly finding support in the monthly gap of around $2.63. 

If this sweep of the $3.90 swing lows occurs, more aggressive bulls might begin bidding the weekly level near the swing low around $3.37. Should the market take a more bullish turn, the level just below near $5.08 could provide some short-term support.

The steep drop left large areas of inefficient price action, making the daily gap up to $7.60 likely to be touched or filled. A sustained move through this resistance could visit a significant area on the monthly and weekly chart near $9.55.

3. Origin Protocol (OGN)

Origin Protocol is a network that allows market participants to share goods and services through peer-to-peer (P2P) networks. The platform aims to create an extensive online marketplace leveraging the Ethereum (ETH) blockchain and Interplanetary File System (IPFS) in order to eliminate the need for middlemen.

The protocol allows for the creation of a decentralized setting where both buyers and sellers can connect, check for available listings, write reviews, and perform many other actions. With this, fractional usage of assets can be traded more easily.

OGN Price Analysis

At the time of writing, OGN is ranked the 139th cryptocurrency globally and the current price is A$1.19. Let’s take a look at the chart below for price analysis.

Source: TradingView

April started a gradual 87 percent decline in OGN‘s price. The move into February’s swing high saw a sharp jump in price, showing that some support exists near $0.59.

A sweep of the most recent swing lows into possible support beginning near $1.04 could lead to a rally over the June monthly open. This rally would likely sweep the swing high into the resistance near $1.55. 

This potential bullish move could continue through the relatively equal swing highs near $1.89 – but is likely to find some resistance in the weekly level around $2.

Continued bearishness in the crypto markets might push the price to fill the weekly gap down to $0.54. This drop would sweep the stops under May’s low and potentially mark a new accumulation zone for the next bullish cycle.

Where to Buy or Trade Altcoins?

These 3 Altcoins have the highest liquidity on , so that could help for trading on USDT or BTC pairs. Instead, if you’re looking at buying and HODLing cryptos, then  is a popular choice in Australia.

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Binance Cardano Crypto News Market Analysis Swyftx Trading

Top 3 Coins To Watch This Week: ADA, CLO, VRA – Trading Analysis

Let’s take a closer look at this week’s altcoins showing breakout signals. We’ll dive into the trading charts and provide some analysis to help you.

1. Cardano (ADA)

Cardano is a proof-of-stake blockchain platform that says its goal is to allow “changemakers, innovators, and visionaries” to bring about positive global change. The open-source project also aims to “redistribute power from unaccountable structures to the margins to individuals” — helping to create a society that is more secure, transparent, and fair.

ADA Price Analysis

At the time of writing, ADA is ranked 4th cryptocurrency globally and the current price is $2.14 AUD. Let’s take a look at the chart below for price analysis.

Source: TradingView

ADA‘s 97% climb during early May returned to the monthly open, sweeping lows several times down to $1.32 AUD.

Last week, the price bounced from the monthly open near $1.78 AUD again, creating possible support near $2.02 AUD. A quick sweep of this recent swing low could reach into a support area near $1.70 AUD, while a sharp downturn in the market is likely to run for the relatively equal lows near $1.40 AUD.

If the price breaks through the closest significant resistance near $2.30 AUD, the swing high at $2.45 AUD is a likely target. This move could reach a daily gap near $2.60 AUD.

Strong bullish momentum could propel the price to resistance near $2.81 AUD. If this move occurs, the significant swing high near $3.15 AUD provides a reasonable goal.

2. Callisto Network (CLO)

Callisto Enterprise, a branch company focusing on enterprise applications of blockchain technology. Several major public transport companies from central and eastern Europe have joined in this initiative.

Callisto has built a scalable blockchain ecosystem featuring a staking mechanism, a full DeFi protocol, and a stablecoin. Callisto Network is a self-sustaining and self-funded blockchain ecosystem, not financed by pre-mined coins or an ICO.

CLO Price Analysis

At the time of writing, CLO is ranked 513th cryptocurrency globally and the current price is $0.02086 AUD. Let’s take a look at the chart below for price analysis.

Source: TradingView

CLO spent the month of May ranging across the monthly open, reaching 26.5% over and 45% below.

The price is currently consolidating between adjacent resistance and support at $0.01675 AUD with no clear higher-timeframe trend. A strong move over the monthly open could signal a run to resistance beginning near $0.02275 AUD. 

This move would likely target the swing high at $0.02541 AUD and relatively equal highs near $0.02761 AUD. A sustained bullish trend could reach up to the April high near $0.03500 AUD.

Bulls might see a sweep of the relatively equal lows near $0.01142 AUD as a chance to buy at a discount. If this level fails to hold, the next significant area for the price to find buyers is likely near the consolidation around $0.00724 AUD that began March’s bullish trend.

3. Verasity (VRA)

Verasity is a Protocol and Product Layer Platform for Esports and Video Entertainment. Verasity’s mission is to significantly increase advertising revenues for video publishers on any video platform through its rewarded player and ad stack utilizing its patented protocol layer on the blockchain – Proof of View. PoV is the only Protocol Layer patented technology for the blockchain USA Patent.

VRA Price Analysis

At the time of writing, VRA is ranked 394th cryptocurrency globally and the current price is $0.02433 AUD. Let’s take a look at the chart below for price analysis.

Source: TradingView

VRA‘s strong downtrend that began in mid-April has retraced most of its Q1 move, recently sweeping lows near $0.0168 AUD but struggling to find strong support.

A sweep of the relatively equal lows near $0.0128 AUD into possible support around $0.00122 AUD, combined with bullish market conditions, could be the catalyst that begins to form a bottom. If this level fails, bulls might buy the monthly gap’s low near $0.0098 AUD.

The swing low near $0.0326 AUD may form resistance to any sudden pumps as holders unload some of their position. A more substantial move might sweep relatively swing highs into probable resistance near $0.0438 AUD, potentially reaching up to the May monthly open near $0.0521 AUD.

Where to Buy or Trade Altcoins?

These 3 Altcoins have high liquidity on Binance Exchange so that could help with trading. Instead, if you’re looking at buying and HODLing cryptos, then Swyftx Exchange is a popular choice in Australia.

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Binance Crypto News Market Analysis Swyftx Trading

Polygon (MATIC) Just Surged +118% in a day as Dotmoovs is scaling with Polygon

polygon dotmoovs
polygon dotmoovs https://twitter.com/0xPolygon/status/1396851361044582405/

Polygon (MATIC) is trading in an uptrend, like many other altcoins. The cryptocurrency MATIC just went up +118% in a single day by breaking a falling wedge pattern with strong buying volume and surges over +145.23% in a week.

What is MATIC?

Polygon (previously Matic Network) is one of the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.

Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche, etc. with the advantages of Ethereum’s security, vibrant ecosystem, and openness.

MATIC Price Analysis

At the time of writing, MATIC is ranked 13th cryptocurrency globally and the current price is $2.41 AUD. This is a +145.23% increase since 18th May 2021 (7 days ago) as shown in the chart below.

Source: TradingView

After looking at the above 2-hour candle chart, we can clearly see that Matic was trading inside the falling wedge pattern on the MATIC/USDT pair. The first resistance was on the $1.90 AUD price levels which MATIC broke with a strong bullish trend buying volume and is now heading towards the all-time high price in AUD. Seeing that many altcoins are holding a strong position this week after the recent bitcoin crash recovery, MATIC might continue to increase in the uptrend if the traders keep buying with high volume.

“The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge.”

Source: TradingView

What Do The Technical Indicators Say?

TradingView indicators for MATIC

TradingView indicators (on the 1 day window) mainly suggest MATIC as a strong buy, except the Oscillators which indicate MATIC as a neutral.

So Why Did Matic Breakout?

General market sentiment seems to suggest cryptos are hopefully turning back bull run season after recent massive price corrections. Another reason for this sudden pump in price could be whales secretly buying MATIC for the next Altcoins rally. Recent news also announced exciting development involving Polygon.

Investors are taking a deep interest into Polygon. Its unique model, success in drawing users from larger blockchains, and high-and-growing market capitalization make it a safer bet for buyers. Growth seems very likely. But, at what rate the token will grow is a point of contention among analysts.

Where to Buy or Trade Matic?

MATIC has high liquidity on the Binance exchange which could help for trading MATIC/BTC or MATIC/USDT pairs. Instead, if you’re looking at buying and HODLing cryptos, then Swyftx Exchange is a popular choice in Australia.

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Binance Crypto News Market Analysis Swyftx Trading

3 Coins that Might Breakout this Week: REEF, SFUND, SOL – Altcoins Trading Analysis

candle bars graph
candle bars graph https://unsplash.com/photos/ZzOa5G8hSPI

In today’s trading news, we’re looking at three Altcoins that might breakout this week by showing bullish trends in the charts.

1. Reef Finance (REEF)

Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings. Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use.

REEF Price Analysis

At the time of writing, REEF is ranked 128th cryptocurrency globally and the current price is $0.03093 AUD. Let’s take a look at the chart below for price analysis.

Source: TradingView

After a nearly three-month period of distribution, REEF has dropped to the 79% retracement of its candle-bodied range. With the price at a steep discount relative to its trading range, buyers hunting for a deal could see an opportunity.

The consolidation low near $0.02538 AUD has provided support. However, the multiple equal lows may attract a stop run before any significant break to the upside.

If the price sweeps these lows, the daily gap beginning near $0.02165 AUD could cap its downward movement. Strong bearish momentum may propel the price into the consolidation near $0.01870 AUD.

Layered resistance rests overhead, with $0.03525 AUD possibly providing a ceiling to the first bullish impulses. A move through this level may find some resistance near $0.03918 AUD, while $0.04478 AUD could form the roof until a new bullish trend emerges.

2. Seedify.fund (SFUND)

Seedify.fund is a blockchain innovation ecosystem, with a community-driven Seed Stage Fund, Decentralized Incubator, and Launchpad. Seedify.fund cross-bridges a community-driven DAO with an incubator/seed fund to provide seed investments to projects selected by community votings.

SFUND Price Analysis

At the time of writing, SFUND is ranked 877th cryptocurrency globally and the current price is $2.76 AUD. Let’s take a look at the chart below for price analysis. Note: this chart is on the pair SFUND-BNB.

Source: TradingView

SFUND‘s five days of glory culminated in eleven days of bullish despair as the price plummeted nearly 75% from its highs.

The explosive pump left little bullish support below, with $1.95 AUD providing an area to look for buying on the daily chart. A test of this level could reach possible support near $1.80 AUD, which marks the approximate midpoint of the four-hour chart’s consolidation that preceded the pump.

However, the final bottom may emerge below $1.52 AUD, where a nine-day consolidation suggests the bulk of the buying took place.

The lower half of the upcandle at $2.80 AUD may provide resistance, with a pump through this level possibly letting trapped buyers out near $3.25 AUD.

A burst of bullish energy could reach as high as the daily gap near $4.75 AUD. However, this doesn’t seem likely to occur unless market conditions become more bullish.

3. Solana (SOL)

Solana is a highly-functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.

SOL Price Analysis

At the time of writing, SOL is ranked 18th cryptocurrency globally and the current price is $38.51 AUD. Let’s take a look at the chart below for price analysis.

Source: TradingView

The -67% finale to SOL‘s nearly month-long distribution calls “Solana Summer” into question. However, the coin has often shown strength during the crypto market’s bearish microcycles.

The recent sweep of the $28.03 AUD low into support starting near $29.50 AUD could be all bulls require before some upward movement.

Just below, a monthly gap at $26.55 AUD might provide support on a sweep of last week’s low, although the price may pierce through this gap. If the crypto market stays bearish, the price might visit the consolidation lows and support near $16.44 AUD.

Trapped bulls looking for hedges or exits could be selling near the swing low and daily gap starting near $41.25 AUD. A higher bounce might find more resistance around $48.91 AUD, near the midpoint of an upcandle and the distribution range’s swing low. Beyond these two resistances, the zone near $55.36 AUD might mark the top until a new bull cycle.

Where to Buy or Trade Altcoins?

These 3 Altcoins have high liquidity on Binance Exchange so that could help with trading. Instead, if you’re looking at buying and HODLing cryptos, then Swyftx Exchange is a popular choice in Australia.

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Binance Crypto News Market Analysis Ontology Swyftx Trading

ONG Surges +500% In a Week as Ontology Introducing ONT staking with 90% APY

Ontology (ONG) has been trending upwards recently, unlike most of the other coins which have been going downwards. The Cryptocurrency ONG just went up +500% in a week by breaking a Rising wedge pattern with strong buying volume and surges over +800% in 30 days.

What is Ontology?

Ontology is a high-performance, open-source blockchain specializing in digital identity and data. Ontology’s infrastructure supports robust cross-chain collaboration and Layer 2 scalability, offering businesses the flexibility to design a blockchain that suits their needs. Ontology adopts a dual-token model, with both ONT and ONG as utility tokens. Ontology decouples ONT and ONG to alleviate the risk of turbulent fluctuations of the native “asset” value on the gas fee.

ONG Price Analysis

At the time of writing, ONG is ranked 126th cryptocurrency globally and the current price is $1.80 AUD. This is a +500% increase since 15th May 2021 (7 days ago) as shown in the chart below.

Source: TradingView

After looking at the above 1-day candle chart, we can clearly see that ONG broke out from the rising wedge pattern on the ONG/USDT pair. The first resistance was on the $1.10 AUD price levels which ONG broke with a strong bullish trend & buying volume and is now heading towards the next resistance. ONG could continue the uptrend whereas many other altcoins are bearish this week due to Bitcoin’s recent crash.

“A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. […] This pattern has a familiar look to a bear flag.” – Larry Swing on Investopedia [source]

What do the Technical Indicators say?

The ONG TradingView indicators (on the 1-day window) mainly indicate ONG as a buy, except the Oscillators which indicate ONG as a sell.

Why did ONG Breakout?

General market sentiment seems to suggest cryptos are in the middle of the bull run season, which could have contributed to the recent breakout. Another reason for this sudden pump in price could be whales secretly buying ONG for the next Altcoins rally. It could also have contributed to some of the recent news from Ontology introducing $ONT staking with >90% APY.

While ONT is the network’s “primary token,” ONG is used for on-chain services like transactions or paying for the deployment of smart contracts.
ONG tokens are also released to ONT token holders in amounts relative to their holding ratio to encourage ONT staking.

Where to Buy or Trade ONG?

Ontology ONG has high liquidity on Binance exchange so that would help for trading ONG/BTC or ONG/USDT pairs. However, if you’re just looking at buying some quick and HODLing then Swyftx exchange is a popular choice in Australia.

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Australia Crypto Exchange Crypto News Swyftx

Swyftx Founder Alex Harper Interview – Australian Entrepreneur Story

Alex Harper, co-founder and CEO of the Australian crypto exchange Swyftx, shares his story in an interview by local podcast Sam Squared.

Alex was recently featured amongst the Brightest Aussies Under 30 and in the podcast explains his entrepreneurial journey so far, how Swyftx started and what the future holds for himself and the company.

Australian Entrepreneur Alex Harper’s Story

Alex co-founded Swyftx with his friend Angus Goldman back in 2019 using their profits from the previous years of a crypto bull market. Since then the company has remained fully self-funded, which is an achievement in itself.

Alex explained that the company name comes from the bird “swift” plus “x” as a reference to exchange and trading.

As of May 2021, Swyftx is transacting $2 Billion AUD per month in customer trading volume on their platform. This places them in the top handful of exchanges operating in Australia, in terms of volume.

Alex shared some of the lessons he has learnt so far in the industry, one of which is aligning life passions with work life. He always enjoys building this project and sees it as a challenge to deliver something in the crypto space offering value to people.

Swyftx’s Key to Success is its Focus on User Support

It’s no surprise that Swyftx has 5 star user support Trust Pilot as they have focused the business on providing excellent customer support.

The support team is growing rapidly at over 70 employees based in Milton, Brisbane, with more overseas support staff, adding an employee every 1-2 days. Such a growth rate is astonishing considering they only had 5 employees back in early 2020.

Alex also mentioned that the support team is working extremely hard and often long hours so they try to nurture a good company culture, hiring someone to manage that aspect.

Swyftx Listens to its Customers Introducing New Features

Swyftx Platform Tracking Feature

Alex mentions that Swyftx has the nickname “Australia’s most progressive cryptocurrency exchange” because they implement new features suggested by their customers, keeping them satisfied by improving the offered services. Some of these features include:

  • Showing total portfolio growth from day 1
  • Demo mode
  • Recurring buys
  • Bundles
  • Portfolio tracking
  • Adding more coins

What the Future holds for Swyftx

With almost 300,000 users, Swyftx has seen record growth in the first quarter of this year, becoming one of the leading crypto exchanges in the country.

They now are implementing plans to expand the exchange into more countries including New Zealand, United Kingdom, Canada, Ireland, India.

They also have plans to integrate all major asset classes into the platform so customers could access “everything in one place” to work on building their financial freedom.

Get Started with Swyftx

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Australia Binance Australia Crypto News Swyftx

Fastest Growing Crypto Companies in Australia

During the first quarter of 2021, various Australian companies have experienced significant growth, reaching important milestones in adoption, user base, and trading volume.

Australia has emerged as one of the fastest-growing countries when it comes to new financial technologies like cryptocurrencies. Here are some of the top crypto companies that currently achieving important milestones.

Binance Australia

Binance AUS has become the top exchange in the country, recording massive trading volumes and user traffic in the first quarter of 2021. Former CEO Jeff Yew shared great results on Twitter earlier on this year.

The number of SMSF and corporate accounts has grown 400% since last quarter, shortly after trading volumes surpassed $130 million AUD in a single day.

One of the reasons for its success is its support for various AUD deposit methods and educational content. Users can simply deposit AUD using  PayID/Osko to set up their account — and as for anyone eager to explore the crypto market, the exchange also offers Binance Masterclass, a series of free online educational videos.

Swyftx

The Australian-based startup has seen tremendous growth since it was launched in 2017 due to its innovative approach to the crypto community and excellent user support.

Swyftx has managed to keep high support standards even under pressure, with thousands of requests per day. This has given the platform high scores and positive reviews on TrustPilot.

Source: TrustPilot

Swyftx holds over 60,000 users on its platform. The exchange has introduced infrastructure optimisations to keep up with the increasing user base, which is expected to grow even higher this 2021.

Synthetix

Synthetix (SNX) is an Australian derivatives liquidity protocol that has been experiencing fast growth in the country. It is one of the few DeFi projects that has called the attention of institutional capital, raising $12 million USD from major VC firms, including Coinbase Ventures, Paradigm and IOSG.

As the name suggests, the protocol focuses on synthetic assets —derivate tokens on the blockchain that provide exposure to different real-world assets.

Fantom

Fanton (FTM), an Australian blockchain platform, has witnessed tremendous growth this 2021, even surpassing 3 million transactions, a significant milestone for the protocol.

Fantom takes a user-friendly approach to the crypto community with low fees, cross-chain consensus compatibility, and integrating MetaMask so developers can work with Ethereum dApps.

The protocol has seen tremendous growth as it focuses on solving the scalability issues of existing blockchains. It quickly grew to sit on a $1.3 billion AUD market cap with a token currently priced around $0.53 AUD.

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Australia Crypto Exchange Crypto Trackers Swyftx

Aussie Crypto Exchange Swyftx Introduces Portfolio Tracking Feature

Swyftx has introduced a portfolio tracking feature that allows Aussie traders to check their profit/loss status in real-time across all of their holdings.

The new feature will keep track of all 260+ assets on the platform, checking the individual status of every crypto in one place. Some of its key features include:

  • Tracking the status of your portfolio via a widget in the dashboard.
  • Toggle balances between percentage and AUD value.
  • Historical account value, toggling timeframes between 1 year, six months, and one week.
Swyftx Tracking Feature

This feature comes after heavy demand for a crypto portfolio tracker, now available on the Swyftx platform. Some users have experience malfunctioning with the application; however, they may need to update it in their account settings.

Swyftx Breaks Record Growth

With over 60,000 users, Swyftx has seen record growth in the first quarter of this year, becoming one of the leading crypto exchanges in the country, together with Binance Australia.

Swyftx users can also import their trades using CoinTracking, which recently added support for all Swyftx users to reduce the hours spent filling out spreadsheets to comply with tax office requirements.

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Australia Crypto News Cryptocurrency Tax Swyftx

CoinTracking Adds Tax Support For Swyftx Traders

Users of Swyftx, one of the leading cryptocurrency trading platforms in Australia, can now benefit from a service to help them cut down on the hours spent filling out spreadsheets to comply with the tax office requirements.

Since the ATO declared cryptocurrencies as a form of property – therefore making holdings and gains taxable – a sizable amount of traders were reluctantly torn away from candles and graphs to a possibly less fun type of tracking.

Importing Your Transaction Data

Although there are a number of software tools that can help you easily import your transaction data to help you calculate what you may owe the taxman, an integration with a platform you might already be using may help you save some more time.

Earlier this week, CoinTracking announced their integration of the Swyftx API, which will allow Swyftx users to track their trades for any and all purposes.

Considered the world’s first tool dedicated to crypto tax reporting, the team at CoinTracking boasts over a hundred tax professionals that are regularly consulted with to ensure users are kept up to speed.

CoinTracking was founded in 2012 and went online in April 2013 as the world’s first cryptocurrency tax reporting tool and portfolio manager. The company was started with the goal of making cryptocurrency traders’ lives easier – not only during tax season. Since its inception, CoinTracking has accumulated over 802,000 users with currently 24.7 billion US-Dollars total worth of all portfolios. Its worldwide professional network consists of more than 160 tax advisors and tax lawyers to assist with international tax filing.

CoinTracking

On their end, Swyftx – as they call themselves, “the Australian Crypto Exchange that gives a ****” – have shown yet again their commitment to improving the trading experience for their users.

If you’ve been putting off filings out of a sense of dread when confronted with endless rows of numbers, this fresh implementation might be what you need.

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Australia Binance Crypto News Swyftx

Binance Australia CEO and Swyftx Founders Featured amongst Brightest Aussies Under 30

Jeff Yew (Binance Australia), Alex Harper and Angus Goldman (Swyftx)
Jeff Yew (Binance Australia), Alex Harper and Angus Goldman (Swyftx)

In a recent article the Courier Mail published a list of 30 Australians under 30 with outstanding business achievements thanks to technology.

The selection featured personalities innovating many different fields, including cryptocurrency platforms. Focusing on that, two entries have made the cut and we are happy to highlight them in congratulations for their respective results.

Jeff Yew, CEO of Binance Australia

Jeff Yew (Binance Australia)
Jeff Yew (Binance Australia)

Binance Australia is one of the largest cryptocurrency exchanges locally based and operated in Australia. It is led by Jeff Yew, a 27 year old who funded his university degree by investing into Bitcoin. Before Binance Australia, he was the CPO of another cryptocurrency-related business, TravelByBit – an Australian startup facilitating crypto payments in the travel industry, making Brisbane the first city in the world with a crypto-friendly airport.

[…] I believe Bitcoin is the single most important social infrastructure in the history of humanity and I’m committed to see it through till the end. […] It’s the money of the people in the digital age.

Jeff Yew [Twitter]

In the last few months, Binance Australia has reported massive trading volumes and growth. You can read more about Binance Australia in our review.

Alex Harper & Angus Goldman, Founders of Swyftx

Alex Harper and Angus Goldman (Swyftx)
Alex Harper and Angus Goldman (Swyftx)

Alex Harper and Angus Goldman founded Swyftx, a Brisbane-based and AUSTRAC-registered Australian crypto currency exchange and trading platform. The couple of now-26 year olds first met at a Summer Computer Science Camp held at the University of Sydney. Later on Alex and Angus decided to quit their jobs, investing their savings and joining efforts to eventually launch Swyftx in 2019.

We wanted to solve the many problems we faced as consumers, including a distinct lack of customer service, dated user interfaces, poor education practices and high fees.

Swyftx

In a short amount of time, Swyftx has seen record-breaking growth, also recently becoming the first exchange in Australia to offer Debit Card Payments. Feel free to check out our review of Swyftx.