Exchange

How to Swap Fiat to Crypto

Swapping FIAT to crypto is easy and can be done one of two ways.

Use the “Buy Crypto” or “Buy” button. Or, Use the “Trade” tab

Deposit your FIAT

Deposit Fiat
Note: Currently we only accept AUD deposits but will be expanding to other currencies Q1 2025.

Use “Buy Crypto” or “Buy” button

This is a solution for simple quick conversions.

  1. Click the “Buy Crypto” button in the top right-hand corner on Desktop or the “Buy” button on your dashboard on Mobile
  2. Select “Cash Balance” (this is the default option)
  3. Select the cryptocurrency you’d like to purchase
  4. Approve the order and submit
Buy Crypto

Use the “Trade” tab

This is a more advanced option for those that want to use different order types. You can read more about our order types here.

  1. Select the “Trade” tab
  2. Select the FIAT/Crypto pair you’d like to trade
  3. Select your trade type and other trade details in the “Make a Trade” section.
  4. Select “Buy” and your order will be placed.
Trade Tab

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.