Swan Bitcoin (swanbitcoin.com) has a 4.3 out of 5 rating on OK.one, based on 100 user reviews collected here. It is listed under Money & Insurance and its reputation is good. 79% of reviews are 4 stars or higher and 11% are 1 star; The business has replied to 73% of negative reviews. Last updated 2026-08-11.
What people say
J
John West · 4 reviews · Verified · Experienced 2026-04-23 ·
★★★★★
Poor slow support and held my funds for 60 plus days.
I put in a few grand when I opened account. Being totally new to Bitcoin, I went to send bitcoin to external address. After 3 small transfers, swan locked my account, saying something was suspicious. No other explanation given. They said my account would be locked for 60 days, again with no explanation. After waiting out the 60 days, I went in to withdraw my funds back to my bank account, but it took almost 2 weeks to successfully withdraw my funds out of Swan. The account kept giving me error message and support would tell me try again numerous times after making changes on their end. As soon as I finally got my withdrawal completed, it took 4 days before money showed up in my bank account, even though Swan said it would take 1-3 business days. Poor communications as well as not user friendly. I went to a new bitcoin site and things are incredibly much better. I'd give swan a zero rating it it were available.
Great, responsive team!
Very secure BTC holding, with the option for Roth IRA also and other servies
Reply from Swan Bitcoin2026-08-04
Hi Joe,
Thank you for the 5-star review.
We’re glad you’ve had a positive experience with our team, secure Bitcoin services, and IRA options.
Best regards,
Conor
D
Debbie S · 2 reviews · Experienced 2026-07-29 ·
★★★★★
Swan is the easy button for Bitcoin
We have been very happy with Swan Bitcoin. Their staff is very knowledgeable and are patient with educating their customers on Bitcoin. They make everything very easy and ensure you understand how to buy, store and sell Bitcoin.
Reply from Swan Bitcoin2026-08-04
Hi Debbie,
Thank you for the thoughtful review. We’re glad our team has made buying, storing, and selling Bitcoin feel simple and approachable.
Education and client support are a major part of what we aim to provide, and we truly appreciate your trust in Swan.
Cheers,
Conor
E
Elizabeth · 1 review · Verified · Experienced 2026-07-18 ·
★★★★★
Trustworthy
Trustworthy, reliable, knows the BTC business.
Reply from Swan Bitcoin2026-08-04
Hi Elizabeth,
Thank you for the kind review. We’re grateful for your trust and proud to provide reliable Bitcoin service and support.
We really appreciate you choosing Swan!
Cheers,
Conor
I have a high level of Trustworthiness with Swan's online set-up, which is easy to buy and transfer to our Wallet. The Security measures adds to confidence, and the Online Zoom support helped us in many ways. Thank you for being the best Exchange... Tim
Reply from Swan Bitcoin2026-07-08
Thank you, Tim, for your thoughtful review! We’re delighted to hear that our platform has made buying and transferring Bitcoin straightforward, and that our security measures and Zoom support have helped build your confidence.
Your trust means a great deal to us. Thank you for choosing Swan!
Cheers,
Conor
Easy to use. I feel comfortable with those running the organization.
Reply from Swan Bitcoin2026-07-08
Thank you for your review! We’re glad to hear you’ve found Swan easy to use and that you feel confident in our team. We appreciate your trust and will continue working to provide a simple, reliable experience for our clients.
Best regards,
Conor
B
Bill Robbins · 1 review · Experienced 2026-06-26 ·
★★★★★
Swan bitcoin is a front for scammers to…
Swan bitcoin is a front for scammers to take your money. If anyone ever asked you to use Swan, bitcoin, I would run and call the police.
Reply from Swan Bitcoin2026-06-27
Thank you for sharing your feedback. We take allegations of fraud and scams very seriously.
Swan follows financial-industry best practices by separating trading and custody. Client Bitcoin is held with regulated custodians in individually named accounts, ensuring business activities are separate from client assets.
Swan partners with a selection of industry-leading, regulated financial institutions to provide you with maximum security and flexibility.
Our custody partners don’t lend or rehypothecate your Bitcoin. That means your holdings can’t be used for leverage or trading by anyone — a critical safeguard that ensures your Bitcoin stays untouched and secure.
If you believe you interacted with someone claiming to represent Swan, or if you have additional information that can help us investigate, please contact our support team at swan.com/support. We’ll be happy to review the situation. Based on the information currently available, however, we have not been able to identify a Swan account associated with your review.
Thank you,
Conor
B
Bruce · 4 reviews · Experienced 2026-06-24 ·
★★★★★
The Swan team is very cautious
The Swan team is very cautious, thorough and careful.
they look out for you.
Reply from Swan Bitcoin2026-07-08
Hi,
Appreciate you leaving a review, we appreciate the kind words!
Our team works hard to provide a careful, thorough, and secure experience while looking out for our clients every step of the way. Thank you for your trust and for being part of Swan.
Best regards,
Conor
Great experience with them thus far. Makes buying bitcoin seamless and realtively low coast considering other services.
Reply from Swan Bitcoin2026-07-08
Hi Aym,
We’re glad to hear you’ve had a great experience so far with Swan. Making it simple to buy Bitcoin while keeping our pricing competitive is something we work hard to deliver.
We appreciate your support and look forward to continuing to serve you.
Best regards,
Conor
Trust the company and they are commited. Have always made things easy with the app.
Reply from Swan Bitcoin2026-07-08
Hi,
We’re grateful for your trust and pleased to hear you’ve found the app easy to use. We’re committed to providing a simple, reliable experience for buying and holding Bitcoin.
Thanks for being a Swan client!
Best regards,
Conor
C
Christopher · 1 review · Verified · Experienced 2026-06-04 ·
★★★★★
Easy
Easy. No waiting for funds to clear. Just smash buy when fear is in the air.
Reply from Swan Bitcoin2026-06-11
Hi Christopher,
Thank you for the review!
We’re glad you’ve had a smooth experience. Our goal is to make buying Bitcoin simple, transparent, and available when opportunities arise. We appreciate your support and thank you for choosing Swan.
Best regards,
Conor
The amount you spend to buy is outrageous on other exchanges. Paying coinbase to buy coins at wide spreads is a rip off.
Reply from Swan Bitcoin2026-06-11
Hi,
Thank you for the review!
We’re happy to hear you’ve found value in Swan’s pricing and transparency. We believe buying Bitcoin should be straightforward, with clear fees and no surprises. Thanks for trusting Swan with your Bitcoin journey.
Best regards,
Conor
Great UI and platform. Shut down my account abruptly for no reason after I tried to withdraw a test amount. Moving back to Coinbase.
Reply from Swan Bitcoin2026-06-02
Hi there,
Thank you for taking the time to share your feedback. We are glad to hear that you enjoyed our UI and platform, but we completely understand your frustration regarding the sudden account closure.
To provide some context, Swan regularly conducts internal risk assessments to safeguard our platform and users. As outlined in our Terms of Service, we reserve the right to close an account at our sole discretion when an activity triggers our risk thresholds. Please rest assured that a decision like this is strictly a compliance measure and is never an accusation of any wrongdoing on your part.
Regarding your balance, when an account is closed under these circumstances, standard security protocols require a temporary holding period to ensure all potential bank reversals or chargebacks are cleared. Your funds remain entirely secure, and you retain full legal ownership of your assets.
Our support team has sent a detailed email to you outlining the specific timeline and the next steps for your funds. Once this standard security window concludes, we will gladly guide you through the process of safely withdrawing your remaining balance. Please feel free to reply directly to that email thread if you have any questions in the meantime.
Best regards,
Conor
We feel fortunate to have stumbled upon Swan Bitcoin a few years back. The ethos of the company aligns with our own values and we’ve always been impressed with Swan customer service. It is a pleasure and frankly a great relief to interact with real, professional, competent and kind humans when we need assistance.
We want to provide a special shout out to Jason Bassett. Jason has provided great personal service over the last few years. We are always impressed with Jason's responsiveness, understanding and natural kindness. He must have many clients to serve but he always makes us feel as if we are unique. Truly a great asset to Swan.
Reply from Swan Bitcoin2026-06-01
Bradley,
Thank you so much for your kind words and for trusting Swan over the years.
We’re honored to hear that our values resonate with you and that your experience with our team has reflected the level of service we strive to provide. We believe Bitcoin is about empowering individuals, and that starts with treating every client with care, respect, and professionalism.
We’ll be sure to share your feedback with Jason. He consistently goes above and beyond for our clients, and we’re thrilled to hear that his responsiveness, understanding, and kindness have made such a positive impact on your experience.
Thank you again for being part of Swan. We truly appreciate your trust and support.
Best regards,
Conor
Poor communication, froze my account, held my money
Poor communication. Poor customer service. No care about customer satisfaction at all. They froze my accounts and did not disclose the reason why. Just said my account is “risky”. I literally bought $25 in bitcoin every two weeks just to get started and the entire process was very discouraging with them. If they had communicated what the issues were I would have adjusted but they didn’t give me a chance. They also are holding the $75 I had put in the account so far for some unknown reason so I can’t even use another account to rebuy the bitcoin until their 60 day hold is up. I was recommended to use this company but I would not recommend them to anyone else due to their treatment of me when I’m just getting into buying bitcoin. 0/10
Reply from Swan Bitcoin2026-06-02
Hi there,
Thank you for taking the time to leave your feedback. We are truly sorry to hear that your introduction to buying Bitcoin with Swan was so discouraging and that you felt let down by our communication. We always aim to make the onboarding process smooth and welcoming, especially for those setting up regular plans to build their savings, so we deeply regret that this was your experience.
To provide some insight, Swan operates under strict regulatory and security guidelines. When our automated risk-monitoring systems flag certain banking or account activities, we are required to take immediate protective action. Because of security and compliance protocols, our team is unfortunately restricted from disclosing the specific underlying triggers behind these automated system alerts, which we understand can be frustrating when you are just looking for clarity.
Regarding the 60-day hold on your balance, this is a standard industry protocol. When an account is flagged for risk, a temporary holding period is required to ensure all external bank transfers and clearing windows are fully finalized and cleared of any potential reversals. Please rest assured that your funds are entirely secure and remain your property.
Our support team wants to ensure your funds are returned to you smoothly as soon as this standard clearing window concludes. If you have any questions about your specific timeline, please reach out to us at [email protected] so we can assist you directly. We wish you the absolute best as you continue your Bitcoin journey.
Best regards,
Conor
Swan has wisely chosen to give larger customers like myself the attention of a Private client representative who is available to assist in every way. The transactions I have done have been fast efficient and flawless. It is comforting to know that a real human representative is available to help you if it is ever needed. I am happy to leave the other platforms and exchanges which relies solely on chatbots or the occasional human who basically says they are powerless to assist you in your transaction and that their whole system is based on algorithms.
I intend to use Swan exclusively for my Bitcoin purchases, investing and related work.
Reply from Swan Bitcoin2026-05-18
Hi Christopher,
Thank you so much for the thoughtful review and for trusting Swan with your Bitcoin journey. We strongly believe that even in a highly technological industry, access to knowledgeable human support still matters, especially when it comes to something as important as money and self-custody.
We’re very glad to hear your experience with Swan Private has been smooth, efficient, and reliable. Our team truly appreciates your support, and we look forward to continuing to assist you with your Bitcoin purchases and long-term goals.
Best regards,
Conor
S
Scott · 2 reviews · Verified · Experienced 2026-05-09 ·
★★★★★
Easy. Simple. Secure. Trusted.
Reply from Swan Bitcoin2026-05-18
Hi Scott,
Thank you for the review. Making Bitcoin easy to use while maintaining a strong focus on security and trust is exactly what we strive for, so we truly appreciate the feedback and support.
Best regards,
Conor
B
Bruce · 1 review · Verified · Experienced 2026-05-10 ·
★★★★★
They have been very helpfull
Reply from Swan Bitcoin2026-05-18
Hi Bruce,
Thank you for the kind words and for taking the time to leave a review. We’re glad to hear our team has been helpful, and we truly appreciate you being a Swan client & your support.
Cheers,
Conor
t
there · 1 review · Verified · Experienced 2026-04-29 ·
★★★★★
The instant buy limit is ridiculous
The instant buy limit is ridiculous. So is the monthly ach limit. I would have gone with a different app had I known. Not everyone has the time to travel to the bank and do a wire. Nor should anyone have to.
Reply from Swan Bitcoin2026-05-18
We understand the frustration around ACH and instant buy limits. I do see that you previously reached out to support regarding this, and if you’d like to follow up one more time at swan.com/support, I’d be happy to take another look into whether your limits may be eligible for an increase.
Also, while bank wires do not have Swan-imposed limits, many banks today allow wires to be initiated directly through their online banking app or website without needing to visit a branch in person. We appreciate the feedback and are always working to improve the client experience.
Thank you,
Conor
I
I g · 1 review · Verified · Experienced 2026-04-26 ·
★★★★★
Deposits take way too long to be…
Deposits take way too long to be available. Wires and withdrawals are also way too long too process. All other companies a wire takes a few hrs not more. Deposits are available right away. I made a small deposit and I need to wait 2 weeks. I made a wire a few days ago it has yet to come in
Reply from Swan Bitcoin2026-05-04
Hi,
Thank you for sharing this feedback, I understand how frustrating delays can be.
Timing can vary depending on the deposit method, that said this doesn’t sound like the experience you should be having. Please reach out to us at [email protected] so we can look into your specific transactions and help resolve this as quickly as possible.
We appreciate you bringing this to our attention and will do our best to assist right away.
Best regards,
Conor