Swan Bitcoin review

Swan Bitcoin is a Bitcoin-only exchange, which lets you buy Bitcoin with USD for low fees. Here's our review.

  • The most cost-effective way to automate investing in Bitcoin
  • No accessory services
No reviews yet. Write a review


Fiat currencies




Product Name Swan Bitcoin
Fiat Currencies USD
Cryptocurrencies BTC
Deposit Methods Bank transfer
Wire transfer
Trading Fee Free
Deposit Fees Free
Withdrawal Fees Free

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Our take on Swan Bitcoin

Swan Bitcoin provides a service that streamlines Bitcoin investing, but it offers very little else. You can get your fiat into Swan Bitcoin, buy Bitcoin inexpensively and withdraw your Bitcoin in a very efficient manner – saving on time and fees. You aren’t going to get much else from Swan Bitcoin, but Bitcoin purchasing will be optimized.

Swan Bitcoin is a secure and trusted platform that provides automated Bitcoin purchasing at very competitive rates and on automated withdrawals of your Bitcoin. It also offers great customer service. Swan Bitcoin does not offer access to other cryptocurrencies or any trading or earning opportunities on your Bitcoin.


Finder Rating


Swan Bitcoin pros and cons

  • Trade with multiple fiat currencies. Swan Bitcoin allows you to trade with 1 currencies including USD, .
  • Deposit and withdraw USD directly to your bank account in the US. With Swan Bitcoin you can deposit cash from your American bank account and cash out back into the same account.
  • Supports a range of payment methods. Swan Bitcoin supports several popular payment methods including USD deposits via Bank transfer, Wire transfer, Osko, SEPA and SWIFT.
  • Only 1 cryptocurrencies supported. Swan Bitcoin supports a smaller variety of assets than some of its competitors. This isn't necessarily a bad thing, but if you're looking for a large range of altcoins you may want to compare other platforms.
  • No live chat or phone-based customer support. Swan Bitcoin does not have a live customer support service. Instead you will need to consult the FAQ or contact Swan Bitcoin via email, which may take several days to receive a reply.
  • Comparatively high trading fees. Swan Bitcoin charges maker/taker fees of / on the spot market which is high compared to some other platforms. If low trading fees are important, use our table to compare trading fees between platforms.
  • No mobile app available. Swan Bitcoin does not have a dedicated mobile app. You can still use the platform on your phone, but the experience may not be as smooth as other platforms that have smartphone apps.

Listed Swan Bitcoin crypto exchange assets

Swan Bitcoin supports 1 cryptocurrency, but some notable assets are missing. Namely, Ethereum, Tether and BNB, which are in the top 20 cryptos by market cap. In total, 1 of the top 20 cryptos are available on Swan Bitcoin.

Popular assets on Swan Bitcoin
Bitcoin (BTC)
does not support
Ethereum (ETH)
does not support
Tether (USDT)
does not support
does not support
does not support
does not support
Cardano (ADA)
does not support
Dogecoin (DOGE)
does not support
Lido Staked Ether (STETH)
does not support
Polygon (MATIC)
does not support
Solana (SOL)
does not support
Binance USD (BUSD)
does not support
Polkadot (DOT)
does not support
Litecoin (LTC)
does not support
Shiba Inu (SHIB)
does not support
does not support
Avalanche (AVAX)
does not support
Dai (DAI)
does not support
Uniswap (UNI)
does not support
Wrapped Bitcoin (WBTC)

Swan Bitcoin fees

Swan Bitcoin charges a fee for free deposits.

Swan Bitcoin deposit methods

  • Bank transfer
  • Cryptocurrency
  • Wire transfer
  • Osko
  • SEPA

How to sign up on Swan Bitcoin exchange

Before you can even get started trading on Swan Bitcoin, you have to go through the rigorous verification process (which usually involved proof of identification). This can take quite a long time. The reason for this is Swan Bitcoin's commitment to certifications, and compliance with regulations and insurers.

  1. Get started
    After selecting the Get Started button, fill in the create account form.
  2. Set up payment
    Before you can start trading, you have to add your bank account to your Swan Bitcoin account. There are several options to choose from, so choose the option most compatible.
  3. Provide identification
    Before you can make withdrawals and increase your transaction limits, you must submit proof of address and some additional identification. Use either a passport or a driver's license for this.
  4. Start trading
    After all that is processed, you're ready to trade on Swan Bitcoin.

Is Swan Bitcoin safe?

Swan Bitcoin does not take direct custody of your Bitcoin. Instead, it outsources custody of your Bitcoin to Prime Trust, which follows secure digital asset storage best practices.

Past hacks
There have been no major hacks to the Swan Bitcoin platform.

Security audits
Swan has no history of security audits of its own platform because it outsources custody to Prime Trust. Prime Trust is a financial infrastructure fintech company that undergoes regular auditing. Prime Trust stores its Bitcoin in offline cold storage wallets using best-in-class security practices and technologies.

Swan Bitcoin doesn’t maintain a fund to insure against loss of Bitcoin, but US dollars are FDIC insured. Its standard deposit insurance coverage limit is $250,000.

Keeping your crypto secure

All centralized exchanges, including Swan Bitcoin, are vulnerable to counterparty risks like hacking, theft and insolvency. Using a self-custodial or hardware wallet is widely accepted as the best way to improve the security of your funds. We've shared some of our top picks below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets


Supported assets


Price (USD)


Price (USD)


Swan Bitcoin customer support

Swan Bitcoin’s customer service is quick and efficient. The “contact us” form can be accessed via the chat help button that hovers in the bottom-right corner. The FAQ section of its website is filled with answers to many relevant questions.

Alternatives to Swan Bitcoin

1 - 3 of 23
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
SoFi Invest Crypto
Bank transfer (ACH), Cash, Debit card, Wire transfer, Rollover or personal check


Win up to $100 in crypto with a qualifying first trade. T&Cs apply.
Finder Award
eToro USA LLC Cryptocurrency Trading
Bank transfer, Debit card, PayPal, Wire transfer


Get $15 when you sign up and buy $100 of crypto. T&Cs apply.
Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P


Sign up through Finder and get a free 14-day VIP upgrade to reduce your trading fees. T&Cs apply.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our finder.com Terms of Use and Privacy and Cookies Policy.
Go to site