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Day1x

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About Day1x

Day1x is an Australian cryptocurrency exchange offering low trading fees, high liquidity, and top-tier security, aiming to make crypto trading accessible and affordable for everyone.

Day1x is a next-generation cryptocurrency exchange built around a simple promise: to deliver the lowest fees, the highest transparency, and the strongest security in the digital asset trading space. With 0.1% flat trading fees, no deposit or withdrawal fees, and full insurance on all coins, Day1x aims to become the most user-first crypto platform in the industry.


Founded by financial veterans with decades of fintech and trading experience, Day1x is purpose-built for retail investors, not just high-volume whales. Backed by the same expertise that built billion-dollar forex platforms like Fusion Markets, Day1x applies its deep knowledge of low-cost trading infrastructure to crypto—giving every user equal access to fair pricing and intuitive tools.

Day1x is more than just another crypto exchange—it is a mission-driven platform built by traders, for traders. The platform was born out of frustration with complex fee structures, hidden costs, and outdated user experiences common across existing exchanges. Its founders, Phil Horner and David Swinden, are no strangers to this space. With a background running multi-billion-dollar monthly volume forex platforms such as Fusion Markets, their goal with Day1x is to transfer that success into the world of crypto by solving real trader pain points.


What sets Day1x apart is its radical approach to pricing: flat 0.1% trading fees across all order types, and zero deposit or withdrawal charges. Unlike competitors like CoinSpot, Coinbase, or Binance, which often introduce tiered pricing or hidden conversion costs, Day1x offers complete fee transparency. Whether you're a beginner making your first trade or an experienced investor executing large orders, the cost structure remains simple and fair.


Security is another pillar where Day1x exceeds expectations. All user-held crypto assets on the platform are fully insured—a feature rarely seen even among leading global exchanges. The platform employs real-time monitoring of suspicious activity, two-factor authentication (2FA) by default, and battle-tested infrastructure managed by a team with over 25 years of combined fintech experience. This ensures not only peace of mind but also a proactive approach to threat mitigation and platform uptime.


The exchange supports a growing list of popular cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Cardano (ADA), Solana (SOL), Chainlink (LINK), and more. Users can trade crypto-to-crypto or fiat-to-crypto using supported payment methods such as Visa, MasterCard, and PayID. All fiat transactions are fee-free for a limited time, and there are no minimum account deposits—making the platform highly accessible to new users.


Usability is another standout feature. From account creation and KYC to executing trades and exporting tax reports, every aspect of the UI is streamlined and easy to understand. The platform also includes a comprehensive Knowledge Base and 24/7 customer support via chat, email, and phone. Whether you're looking to trade actively, hold long-term, or explore crypto at your own pace, Day1x is engineered for both performance and simplicity.


As Australia’s answer to high-fee global platforms, Day1x positions itself as the future of retail-friendly crypto exchanges—transparent, low-cost, secure, and built by people who understand what real traders need. Its strongest competition includes Kraken, Independent Reserve, and BTC Markets, yet none match the total cost-benefit structure Day1x brings to the table.

Day1x provides numerous benefits and features that make it stand out in the cryptocurrency exchange space:


  • Flat 0.1% Trading Fees: Enjoy one of the industry’s lowest trading fee structures—a flat 0.1% across all trades, with no volume-based tiers or hidden charges.
  • Zero Deposit & Withdrawal Fees: For a limited time, Day1x offers $0 deposit and withdrawal fees, covering all charges from payment processors to make crypto access seamless.
  • Full Asset Insurance: All coins held on the platform are fully insured, providing a rare level of protection not commonly offered by other exchanges.
  • Battle-Tested Founders: Created by financial market veterans behind successful forex firms like Fusion Markets, bringing proven expertise to the crypto world.
  • Real-Time Security Monitoring: Suspicious activity is detected and mitigated proactively, with robust systems in place against DDoS, account takeovers, and transaction anomalies.
  • 24/7 Human Support: Access live support around the clock via chat, email, or phone—ensuring users always have help when needed.
  • Easy Onboarding: The streamlined sign-up and verification process lets users start trading quickly, with no minimum deposit requirements.
  • Multi-Currency Support: Trade top crypto assets including BTC, ETH, USDT, SOL, XRP, ADA, AVAX, BNB, LINK, and USDC with fiat on-ramps.
  • Transparent Fee Structure: No spreads, no order-type variations, and no fine print. What you see is what you pay—always.
  • Compliance-Ready: Day1x is AUSTRAC-registered and actively supports crypto regulation that protects users.

Day1x offers a simple and user-friendly process to start your crypto trading journey securely and cost-effectively:


  • Step 1 – Visit Day1x: Go to day1x.io and click on “Sign Up” to begin registration.
  • Step 2 – Create an Account: Register with your email address and set a secure password. Confirm your email to proceed.
  • Step 3 – Verify Your Identity: Complete KYC by uploading an ID document and submitting a quick selfie verification using their digital onboarding tool.
  • Step 4 – Fund Your Account: Use Visa, MasterCard, or PayID to fund your account instantly. For a limited time, all deposit fees are waived.
  • Step 5 – Start Trading: Trade crypto-to-crypto or fiat-to-crypto with a flat 0.1% fee. Choose from market, limit, stop, or stop-limit orders directly through the intuitive interface.
  • Step 6 – Monitor & Manage: Use the Dashboard to view open orders, account balances, and past transactions. Export transaction history for tax reporting via the platform’s statement tools.
  • Step 7 – Get Support: Need help? Reach out to the 24/7 customer support team via live chat, email, or phone—no ticket delays or waiting days for answers.
  • Step 8 – Stay Secure: Enable Two-Factor Authentication (2FA) to secure your account and monitor your login and withdrawal activity through the Security dashboard.

Day1x FAQ

  • Day1x goes beyond standard practices by offering full insurance coverage on all user-held crypto assets. Most exchanges avoid this due to the added cost and operational complexity. However, at Day1x, security is built into the platform’s core philosophy. The founders believe that peace of mind shouldn't be optional. This commitment sets Day1x apart, especially for users who want added protection in an industry often marred by hacks and exchange failures.

  • Thanks to a leadership team with deep roots in high-volume, low-cost forex infrastructure, Day1x is able to pass on operational savings directly to users. Unlike platforms that use tiered pricing or charge more for convenience, Day1x standardizes its trading costs to a simple 0.1% fee—no matter the trade size, order type, or user status. The team’s fintech background allows them to optimize backend costs without compromising user experience or platform performance.

  • Transparency at Day1x isn’t a feature—it’s a core value. Users are never subjected to hidden fees, volume-based discounts, or varying order-type charges. The pricing is published upfront: 0.1% for all trades and $0 deposit/withdrawal fees. There are no conversion markups, tier-based traps, or fine-print gimmicks. Users also have access to easy-to-read statements, tax reporting, and fully visible order book data to verify market liquidity in real time.

  • Day1x is intentionally designed to benefit all traders equally. While many exchanges offer perks only to whales, Day1x maintains a level playing field. Small traders enjoy the same 0.1% fee structure and zero funding costs as high-volume users. This makes it especially attractive to those just starting in crypto, or anyone tired of feeling penalized for trading in smaller amounts. Day1x believes in democratizing access to crypto—not just serving the biggest wallets.

  • Day1x uses a combination of automated detection systems and a round-the-clock human security team to identify and act on any anomalies. The platform is constantly scanned for threats such as DDoS attempts, suspicious logins, unusual withdrawal patterns, and irregular trading activity. Their battle-tested experience from fintech ensures they’re equipped to proactively intercept threats before they affect users. Real-time monitoring is not just policy—it’s practice.

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