Step-by-Step: How to Use Day1x DEX Swap
How a Swap Works
A “swap” simply means exchanging one token for another. For example:
- Swapping ETH → USDC on Ethereum
- Swapping USDT on BNB Chain → MATIC on Polygon (cross-chain)
Day1 DEX Swap plans and executes the best route automatically. You don’t need to know which DEX or bridge to use — our system optimizes it for you.
Step-by-Step: How to Use Day1x DEX Swap
1. Transfer Funds to Your External Wallet
Before starting, transfer the crypto you want to swap from your Day1x account to your external wallet.
For insturctions on how to send crypto to an external wallet, please click here.
2. Connect Your Wallet
- Click “Connect Wallet” in the top right corner.
- Choose your wallet provider (e.g., MetaMask, WalletConnect).
- Approve the connection in the wallet you have chosen (you may need to switch apps to do so)
- Navigate back to the Day1 Dex page, or Day1x app.
3. Select the Token and Chain You’re Swapping From
- In the “From” field, choose the blockchain and token you want to trade.
- Make sure you have enough of the chain’s native token to pay gas.
4. Select Destination Token and Chain
- In the “To” field, pick the token you want to receive.
- You can choose the same chain or a different one (cross-chain swap).
5. Enter the Amount
- Type the amount you want to swap.
- The interface will automatically calculate the best available route.
6. Review and Select Route
- Day1 DEX will show you the best price and route.
- Advanced users can choose a different route manually if preferred.
7. Confirm the Swap
- Click “Review Swap”.
- Double-check details, then approve the transaction in your wallet.
- The swap will be executed automatically.
8. Receive Your Tokens
- Once the transaction confirms, your new tokens will appear in your wallet.
- Cross-chain swaps may take slightly longer depending on the bridge used.
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?
Yes, every Day1x user receives a free and unlimited demo account to practice their trades and strategies.
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?
Yes we do, just search for Day1x on the Apple App Store and Google Play Store.