Why use Swyftx to Buy BitShares?

Lowest Fees

Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy BitShares, than our closest competitors.

Instant Verification

Verify online instantly without uploading documents and deposit AUD to start BitShares trading in less than 2 minutes.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

What is BitShares?

Bitshares (BTS), formerly known as ProtoShares, is a peer-to-peer distributed ledger and network that can issue collateralized market-pegged smart coins known as bitAssets. For instance, it can issue crypto-based assets, denominated by “bitAsset”, that track real-world markets like the USD, such as the bitUSD. Each smart coin has at least 100% of its value backed by the BitShares’ native currency, the BTS, which can be converted at any time at an exchange rate set by a trustworthy price feed. Bitshares was created by Dan Larimer, the co-founder of EOS, Steemit, and Cryptonomex. BitShares also has its own decentralized exchange.

How do I buy BitShares?

To buy BitShares, log into the Swyftx crypto exchange, enter an amount of BitShares you want to buy, or the amount of Australian dollars you want to sell. If you’re happy with the price, tap the ‘Buy BitShares‘ button to complete your BitShares purchase. You can deposit AUD via BPAY, OSKO, PayID, POLi Pay, or Bank Transfer as your payment method to instantly purchase BitShares and other digital currencies, including ‘alt coins’. Once the transfer is processed, your account balance can be used to buy BitShares which will be available in your Swyftx hosted online BitShares wallet immediately. Many altcoin wallets are also available in case you want to buy crypto.

You can deposit or withdraw your BitShares or other digital currencies from your private online Swyftx wallet at any time. Sign up for your own BitShares exchange trading profile and start buying or selling BitShares by creating a free account now.

How do we determine the price of BitShares?

The price of BitShares listed for trading on the Swyftx crypto exchange is set by real world trade volumes averaged on global exchanges, so our BitShares price won’t fluctuate as heavily as you might see on our competitors sites. BitShares prices are influenced by the supply and demand from buyers and sellers through out the world.

The current price of BitShares is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at. Swyftx doesn’t charge any artificial spread on BitShares nor does it “make the market” when you buy BitShares. This means you can trade as little or as much BitShares as you like and know that you’ll always get the best prices with the lowest fees on our BitShares Exchange.

BitShares in minutes!

Buy BitShares on Swyftx and we immediately make the BitShares available in your wallet. It’s super easy and super fast!

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