Why use Swyftx to Buy TrueUSD?

Lowest Fees

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

Instant Verification

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

Secure Accounts

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

What is TrueUSD?

TrueUSD is a USD-pegged stablecoin, that provides its users with regular attestations of escrowed balances, full collateral and legal protection against the misappropriation of the underlying USD. TrueUSD is issued by the TrustToken platform, the platform that has partnered with registered fiduciaries and banks that hold the funds backing the TrueUSD tokens. The USD funds are regularly verified in scheduled attestations, and kept in third party escrow accounts such that TrustToken has no direct access to the funds.

How do I buy TrueUSD?

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

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

How do we determine the price of TrueUSD?

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

The current price of TrueUSD 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 TrueUSD nor does it “make the market” when you buy TrueUSD. This means you can trade as little or as much TrueUSD as you like and know that you’ll always get the best prices with the lowest fees on our TrueUSD Exchange.

TrueUSD in minutes!

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

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