Getting Started

Document Requirements

What is required?

To verify your identity, we require the following.

Please provide a copy of ONE of the following identification documents:

  • Passport
  • Driver’s License
  • National ID Card
  • Proof of age card

Your ID should be a valid, government-issued document that includes your name, photograph, date of birth.

Please complete a quick selfie to verify your identity and speed up onboarding. You'll be asked to take a real-time photo of yourself to confirm that you're physically present. This helps keep your account safe and compliant.

Photo tips

It should not be cut
Should not be covered
It should not be blurry
Correct way

Tips for completing your verification

If Using a Camera to Take a Photo

  1. Place the ID on a flat surface.
  2. Use sufficient, natural lighting instead of a flash.
  3. Take the photo as directly above the ID as possible. Be sure that your shadow does not cover your ID.
  4. Make sure that:
    • All four edges of your ID are visible within the image;
    • All information on the ID is clear and legible – no details are blurred or covered.
  1. Take a clear selfie in real-time using your device’s front-facing camera
  2. Make sure your face is fully visible, well-lit, and not obstructed by hats, glasses, or masks.
  3. Use a plain background and ensure you are the only person in the frame.
  4. Complete the check in one session for the best results

FAQs

Find quick answers to common questions about our services, process, and what to expect.

What is Day1x?

Day1x is a cryptocurrency exchange founded on the premise that people should pay less to trade crypto. Frustrated with the fees we had to pay trading crypto for ourselves, we decided to use our expertise in the financial markets to design something better and more cost effective than what exists in the market today.

Day1x and Fusion Markets

Fusion Markets is a Forex and CFD broker founded by Phil Horner and David Swinden. Launched to the public in 2019, Fusion is for Forex and CFDs what Day1x is for Crypto, offering traders a lower cost to trade than what exists in the market.

Do you have a demo Account?

Currently, we don’t have demo accounts but will be adding these in future.

What are the fees from Day1x?

Day1x prides itself on having the most transparent pricing in the industry. All trades will incur a 0.25% flat market fee and unlike others, there are no volume requirements or different fees for different order types. You can read more about it on the Fees page of our website.

Are you regulated?

Yes, Day1x is licensed and registered as a Digital Asset Exchange with AUSTRAC which currently regulates Australia's AML/CTF requirements.

What about ASIC?

Currently digital assets do not fall within ASIC's scope. That being said, there are currently new rules relating to digital assets that are being considered which would mean that exchanges require authorisations from ASIC to complete this service. Day1x believes that strong regulation is important for consumer protection and would be the first to raise our hand to be part of these new regulatory requirements.

Does Day1x have a mobile app?

We do not have a mobile app at the moment, but this is in development. Ensure to sign up to Day1x to be the first to know when it’s available.