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Posted June 28, 2022 03:21 · last edited June 28, 2022 03:57

Thanks for that info. I've been liking Swyftx as you deposit via bank transfer (they just have an ASB account number), and withdraw straight to your bank for a flat $10 fee without the need for a middleman (I haven't yet done a withdrawal). So been doing similar in transferring a bit each pay and dollar cost averaging for bitcoin. As I said I currently have some split between 3 different exchanges in interest earning accounts (Swyftx, Abra and Binance), with the largest amount being in Swyftx given it's ease of deposit and withdrawal. I also had some in crypto.com but transferred that out to Swyftx recently when they caused a bit of an uproar with removing rewards you get with their crypto cards etc. I was using them as was thinking of getting the card eventually, but figured Swytfx seems so much easier being able to go straight to your bank when you're ready to cash out rather than a card that only lets you withdraw so much at a time etc. 

I know, not my keys not my crypto though so do really need to get onto hardware storage. The Celsius action the other week has spooked me a bit as the same could probably happen at any moment with the ones I use. I am really liking Swytfx though - they put out a podcast called 'Tapping into Crypto' every few days which has really helped with my learning. And they seem to be sponsoring something new in Australia all the time (the NRL being a big one), are very active on social media, and just merged with Superhero which appears to be the Australian equivalent of Sharesies - I think ultimately they will have a combined app for buying crypto and shares. So I don't see them rug pulling and going dark in the way the Celsius guy has but I guess it's still a risk.

Will have a look into Bitaroo. I guess Swyftx works in similar way as you first deposit cash then buy crypto with the NZD in your account. 

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Unknown editor edited June 28, 2022 03:57
Thanks for that info. I've been liking Swyftx as you deposit via bank transfer (they just have an ASB account number), and withdraw straight to your bank for a flat $10 fee without the need for a middleman (I haven't yet done a withdrawal). So been doing similar in transferring a bit each pay and dollar cost averaging for bitcoin. As I said I currently have some split between 3 different exchanges in interest earning accounts (Swyftx, Abra and Binance), with the largest amount being in Swyftx given it's ease of deposit and withdrawal. I also had some in crypto.com but transferred that out to Swyftx recently when they caused a bit of an uproar with removing rewards you get with their crypto cards etc. I was using them as was thinking of getting the card eventually, but figured Swytfx seems so much easier being able to go straight to your bank when you're ready to cash out rather than a card that only lets you withdraw so much at a time etc. 

I know, not my keys not my crypto though so do really need to get onto hardware storage. The Celsius action the other week has spooked me a bit as the same could probably happen at any moment with the ones I use. I am really liking Swytfx though - they put out a podcast called 'Tapping into Crypto' every few days which has really helped with my learning. And they seem to be sponsoring something new in Australia all the time (the NRL being a big one), are very active on social media, and just merged with Superhero which appears to be the Australian equivalent of Sharesies - I think ultimately they will have a combined app for buying crypto and shares. So I don't see them rug pulling and going dark in the way the Celsius guy has but I guess it's still a risk.

Will have a look into Bitaroo. I guess Swyftx works in similar way as you first deposit cash then buy crypto with the NZD in your account. Similarly to withdraw you sell back to them.
Unknown editor edited June 28, 2022 03:56
Thanks for that info. I've been liking Swyftx as you deposit via bank transfer (they just have an ASB account number), and withdraw straight to your bank for a flat $10 fee without the need for a middleman (I haven't yet done a withdrawal). So been doing similar in transferring a bit each pay and dollar cost averaging for bitcoin. As I said I currently have some split between 3 different exchanges in interest earning accounts (Swyftx, Abra and Binance), with the largest amount being in Swyftx given it's ease of deposit and withdrawal. I also had some in crypto.com but transferred that out to Swyftx recently when they caused a bit of an uproar with removing rewards you get with their crypto cards etc. I was using them as was thinking of getting the card eventually, but figured Swytfx seems so much easier being able to go straight to your bank when you're ready to cash out rather than a card that only lets you withdraw so much at a time etc. 

I know, not my keys not my crypto though so do really need to get onto hardware storage. The Celsius action the other week has spooked me a bit as the same could probably happen at any moment with the ones I use. I am really liking Swytfx though - they put out a podcast called 'Tapping into Crypto' every few days which has really helped with my learning. And they seem to be sponsoring something new in Australia all the time (the NRL being a big one), are very active on social media, and just merged with Superhero which appears to be the Australian equivalent of Sharesies - I think ultimately they will have a combined app for buying crypto and shares. So I don't see them rug pulling and going dark in the way the Celsius guy has but I guess it's still a risk.

 Will have a look into Bitaroo.
Unknown editor edited June 28, 2022 03:24
Thanks for that info. I've been liking Swyftx as you deposit via bank transfer (they just have an ASB account number), and withdraw straight to your bank for a flat $10 fee without the need for a middleman (I haven't yet done a withdrawal). So been doing similar in transferring a bit each pay and dollar cost averaging for bitcoin. As I said I currently have some split between 3 different exchanges in interest earning accounts (Swyftx, Abra and Binance), with the largest amount being in Swyftx given it's ease of deposit and withdrawal. I also had some in crypto.com but transferred that out to Swyftx recently when they caused a bit of an uproar with removing rewards you get with their crypto cards etc. I was using them as was thinking of getting the card eventually, but figured Swytfx seems so much easier being able to go straight to your bank when you're ready to cash out rather than a card that only lets you withdraw so much at a time etc. 

I know, not my keys not my crypto though so do really need to get onto hardware storage. The Celsius action the other week has spooked me a bit as the same could probably happen at any moment with the ones I use. I am really liking Swytfx though - they put out a podcast called 'Tapping into Crypto' every few days which has really helped with my learning. And they seem to be sponsoring something new in Australia all the time (the NRL being a big one), are very active on social media, and just merged with Superhero which appears to be the Australian equivalent of Sharesies - I think ultimately they will have a combine app for buying crypto and shares. So I don't see them rug pulling and going dark in the way the Celsius guy has but I guess it's still a risk.

 Will have a look into Bitaroo.
Unknown editor edited June 28, 2022 03:22
Thanks for that info. I've been liking Swyftx as you deposit via bank transfer (they just have an ASB account number), and withdraw straight to your bank for a flat $10 fee without the need for a middleman (I haven't yet done a withdrawal). So been doing similar in transferring a bit each pay and dollar cost averaging for bitcoin. As I said I currently have some split between 3 different exchanges in interest earning accounts (Swyftx, Abra and Binance), with the largest amount being in Swyftx given it's ease of deposit and withdrawal. I also had some in crypto.com but transferred that out to Swyftx recently when they caused a bit of an uproar with removing rewards you get with their crypto cards etc. I was using them as was thinking of getting the card eventually, but figured Swytfx seems so much easier being able to go straight to your bank. 

I know, not my keys not my crypto though so do really need to get onto hardware storage. The Celsius action the other week has spooked me a bit as the same could probably happen at any moment with the ones I use. I am really liking Swytfx though - they put out a podcast called 'Tapping into Crypto' every few days which has really helped with my learning. And they seem to be sponsoring something new in Australia all the time (the NRL being a big one), are very active on social media, and just merged with Superhero which appears to be the Australian equivalent of Sharesies - I think ultimately they will have a combine app for buying crypto and shares. So I don't see them rug pulling and going dark in the way the Celsius guy has but I guess it's still a risk.

 Will have a look into Bitaroo.
Unknown editor edited June 28, 2022 03:22
Thanks for that info. I've been liking Swyftx as you deposit via bank transfer (they just have an ASB account number), and withdraw straight to your bank for a flat $10 fee without the need for a middleman (I haven't yet done a withdrawal). So been doing similar in transferring a bit each pay and dollar cost averaging for bitcoin. As I said I currently have some split between 3 different exchanges in interest earning accounts (Swyftx, Abra and Binance), with the largest amount being in Swyftx given it's ease of deposit and withdrawal. I also had some in crypto.com but transferred that out to Swyftx recently when they causes a bit of an uproar with removing rewards you get with their crypto cards etc. I was using them as was thinking of getting the card eventually, but figured Swytfx seems so much easier being able to go straight to your bank. 

I know, not my keys not my crypto though so do really need to get onto hardware storage. The Celsius action the other week has spooked me a bit as the same could probably happen at any moment with the ones I use. I am really liking Swytfx though - they put out a podcast called 'Tapping into Crypto' every few days which has really helped with my learning. And they seem to be sponsoring something new in Australia all the time (the NRL being a big one), are very active on social media, and just merged with Superhero which appears to be the Australian equivalent of Sharesies - I think ultimately they will have a combine app for buying crypto and shares. So I don't see them rug pulling and going dark in the way the Celsius guy has but I guess it's still a risk.

 Will have a look into Bitaroo.
Unknown editor edited June 28, 2022 03:21
Thanks for that info. I've been liking Swyftx as you deposit via bank transfer (they just have an ASB account number), and withdraw straight to your bank for a flat $10 fee (I haven't yet done a withdrawal). So been doing similar in transferring a bit each pay and dollar cost averaging for bitcoin. As I said I currently have some split between 3 different exchanges in interest earning accounts (Swyftx, Abra and Binance), with the largest amount being in Swyftx given it's ease of deposit and withdrawal. I also had some in crypto.com but transferred that out to Swyftx recently when they causes a bit of an uproar with removing rewards you get with their crypto cards etc. I was using them as was thinking of getting the card eventually, but figured Swytfx seems so much easier being able to go straight to your bank. 

I know, not my keys not my crypto though so do really need to get onto hardware storage. The Celsius action the other week has spooked me a bit as the same could probably happen at any moment with the ones I use. I am really liking Swytfx though - they put out a podcast called 'Tapping into Crypto' every few days which has really helped with my learning. And they seem to be sponsoring something new in Australia all the time (the NRL being a big one), are very active on social media, and just merged with Superhero which appears to be the Australian equivalent of Sharesies - I think ultimately they will have a combine app for buying crypto and shares. So I don't see them rug pulling and going dark in the way the Celsius guy has but I guess it's still a risk.