Day1x Reviews 56

TrustScore 4 out of 5

4.0

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Rated 5 out of 5 stars

There were initial security restrictions. These made me feel safer, not inconvenienced as some may interpret them. Support was prompt, concise and friendly; both via support chat and email. Jax in par... See more

Rated 5 out of 5 stars

Day1x goes above and beyond to ensure that your crypto needs are met. They offer the most competitive rates for trading BTC in the market. I am also thankful to Mike and Arpit for their assistance wit... See more

Rated 1 out of 5 stars

Thesde guys are amateurs. If you want nothing but dramas in crypto world these guys have it all. From slow and manual withdrawals, to freezing your account indefinitely with no end in sight. if you n... See more

Company replied

Rated 5 out of 5 stars

I'm signed up with a few crypto exchanges, but with Day1x I really noticed the difference in fees (there are barely any!). The website is also pretty easy to navigate, plus process of actually buy... See more

Company replied

Company details

  1. Cryptocurrency Service

Written by the company

Australia's Lowest Cost Crypto Exchange. Our mission is to make your crypto trading fees low and transparent. You don't need to be a high volume trader or use specific order types for low fees on Day1x. Our fee is 0.25% flat for everyone, regardless of volume or order type - an exchange built for the people, not just the whales. Join Day1x today, because the more money you save on Day1x, the more capital you have to invest in the market.


Contact info

4.0

Great

TrustScore 4 out of 5

56 reviews

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Replied to 80% of negative reviews

Typically replies within 1 month

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Rated 5 out of 5 stars

Prompt, friendly and professional.

There were initial security restrictions. These made me feel safer, not inconvenienced as some may interpret them. Support was prompt, concise and friendly; both via support chat and email. Jax in particular was very helpful. Great guy it would seem. I also received a pleasant voice message in my phone's voice mail. Although I missed the call, I took this as a kind welcoming gesture. This kind of attitude and punctuality goes a long way with me.

March 4, 2026
Unprompted review
Rated 5 out of 5 stars

Day1x experience

"I had a great experience with Day1X! I needed my transaction limits increased and the process was incredibly fast and easy. Jax Tan was the person assisting me, and they were fantastic—very responsive and helpful. The limits were increased on my account right away. Excellent service and support!"
not mention limit increase overall experience say it good
My overall experience with Day1X was excellent. The support was outstanding, and I was happy with how quickly my issue was resolved. Jax Tan was the agent who helped me, and their service was top-notch—very professional and friendly. Highly recommend Day1X!

February 16, 2026
Unprompted review
Rated 5 out of 5 stars

Exceptional BTC Rates and Personalised Support

Day1x goes above and beyond to ensure that your crypto needs are met. They offer the most competitive rates for trading BTC in the market. I am also thankful to Mike and Arpit for their assistance with platform features and facilitating OTC orders.

January 19, 2026
Unprompted review
Rated 5 out of 5 stars

Day1x looks solid. It works. It does its job.

Day1x looks solid, without any frills. I was looking for an exchange that works well with a Forex/CFD broker (in this case, Fusion Markets) and I found it.
The interface is very user-friendly, not overloaded with information – it does what it is supposed to do. At the moment, there are no futures, but I don't need them.
I am hoping for a long-term partnership.

January 7, 2026
Unprompted review
Rated 5 out of 5 stars

I had a great experience with…

I had a great experience with Day1Exchange. Jax and Mike were extremely helpful throughout the whole process, from depositing funds to executing the crypto withdrawal, everything was completed in under 2 minutes. Their efficiency and speed are honestly impressive. Highly recommend this exchange.

December 26, 2025
Unprompted review
Rated 1 out of 5 stars

Tie your crypto up in red tape and lose acces to your funds

Thesde guys are amateurs. If you want nothing but dramas in crypto world these guys have it all. From slow and manual withdrawals, to freezing your account indefinitely with no end in sight. if you need a priorty service then go to binance or infact ANY other crypto exchange. Be prepared for endless kyc hurdles accounts being blocked, payID not working then working then not working. If you want to waste hours chasing your crypto funds for idiotic reasons then go with them.
Clients i have previously referred have had their accounts locked having to repeatedly prove where their funds come from. Be prepared to have to do multiple kyc episodes to prove your money is your money

December 8, 2025
Unprompted review
Day1x logo

Reply from Day1x

Hello David,

As explained to you both via email and over the phone, your account issues did not stem from “red tape” or delays on our side. By your own admission, you attempted to fund your account using a credit card issued overseas under a false name. This understandably triggered alerts with our credit card provider.

After speaking with you and confirming that you were unaware this would cause a problem because the issuing bank allowed the card to be created with that name, we attempted to have the banking block lifted. However, as communicated to you today, our banking partner has assessed the situation and deemed the activity too high-risk to continue accepting deposits from your account.

As previously stated, you are free to withdraw your existing crypto balance. Once you have done so, we will proceed with closing your account.

We understand it is frustrating when a banking partner makes a risk decision, but these controls exist to protect both customers and the platform. Your experience was not caused by delays or “dramas”, but by the funding method you chose and the risk assessment that followed.

If you have any remaining questions about the withdrawal process, please let us know.

Rated 4 out of 5 stars

Denial of Crypto Transfer. Matter Resolved

In late November 2025, I purchased crypto and when I wanted to transfer them out to my hardward wallet for personal security purposes like I have done many times previously (April - June 2025 - 8 transactions), I was blocked.

I wrote in to request the withdrawl and after 3 days I was denied formally. I appealed again as I had done it previously in April - June 2025 successfully but again they denied me as their FINAL decision.

I am a very experienced crypto user since 2022 and have numerous crypto accounts with three major Australian Crypto exchanges (Coinspot, Swiftx and Elbraite) but Day1x.io is the only exchange that blocks crypto transfers out. This is unacceptable for my risk management purposes. Hence my FINAL decision and SUGGESTION is that you AVOID using Day1x.io at all costs! Their crypto withdrawal restriction tantamounts to a unacceptable scam!

Also your funds (fiat) takes approximately 5 days for their approval and remittance to your bank. These delays are unacceptable in this day and age when electronic transfers take only 1 day at most for transfer to any Australian bank.

"Res Ipso Loquitur" ;
(Let the Fact speak for themselves).

Latest update on 27 November 2025:

The management of Day1x.io has responded favourably within 24 hours of my initial severe comment and they have resolved the outstanding matters favorably and satisfactory.

Also Jax Tan was most helpful . As such I will revise my initial feedback and ratings accordingly but I would encourage the management of Day1x.io be more responsive to customer service in future. The crypto exchange market is highly competitive and customer service can be a main differentiator.

Professor Dr Christopher Shun

November 26, 2025
Unprompted review
Day1x logo

Reply from Day1x

Thank you for taking the time to share this. I have reviewed your account and the full support history so I can address your concerns properly.

Our platform, like all regulated Australian exchanges, relies heavily on AML and fraud monitoring. In your case, the system flagged a pattern of failed card deposit attempts. This is the only scenario where we temporarily enforce withdrawal limits while we complete additional checks to protect both the customer and the platform. I understand this is frustrating, especially since you have successfully withdrawn to your hardware wallet in the past.

After reviewing everything, I can see that we could have communicated this better and resolved it more quickly. I apologise for the inconvenience this caused you.

I have now lifted the restriction on your account and you will be able to withdraw your crypto to your hardware wallet as you have done previously. I have also arranged a refund of your trading fees for the past month as a gesture of goodwill. We hope that goes some way toward reearning your trust.

If you need anything else or would like to discuss this further, feel free to reach out directly.

Mike
Head of Growth, Day1x.io

Rated 1 out of 5 stars

Easy to deposit but holds people money

Easy to deposit but holds people money. Gives option to withdraw via Swift but makes IBAN as a mandatory field. For the banks that does not have IBAN they will not allow, therefore holds peoples money ! looks very much like a scam!

November 10, 2025
Unprompted review
Day1x logo

Reply from Day1x

Hi there, sorry for the inconvenience. Our withdrawals to the Maldives are processed via SWIFT through our UK partner bank. We cover all SWIFT fees so you are not charged, as part of our commitment to fee free deposits and withdrawals. However, yes SWIFT transfers do require an IBAN.

Rated 1 out of 5 stars

AML police is an excuse to block money…

AML police is an excuse to block money of honest people. Like i cannot withdraw via crypto i tried to withdraw to my bank account. They always tell me that i wait email update but nothing. From more than five days my money is blocked on their system without any response.

AVOID THIS WEBSITE.

October 28, 2025
Unprompted review
Day1x logo

Reply from Day1x

Hello,

As explained by our customer support team, your account was blocked because of a credit card fraud investigation. The review is now being handled by our card provider and your bank in Cameroon, and the outcome is completely outside our control.

The safety of our clients and the wider community is our highest priority, and we make no apologies for following strict security processes.

Rated 3 out of 5 stars

Very apt at getting you response in the…

Very apt at getting you response in the chat area of the customer support. Rachelle was a fantastic agent.
I dislike the difficulties involve in verification of account.

September 21, 2025
Unprompted review
Day1x logo

Reply from Day1x

Hi Babatunde,

Thank you for your review and for highlighting Rachelle’s great support, we’ll make sure your kind words reach her.

We understand verification can feel inconvenient at times, but it's in place to protect all of our users and keep the platform safe, secure, and compliant. This ensures peace of mind for everyone trading with us.

We appreciate your feedback and are always working to make the process smoother.

- Michael

Rated 5 out of 5 stars

JAX from the day1x team

JAX from the day1x team
He’s great always makes sure my issues are sorted within the hour never a delay !!
Love the day1x team to bits

September 4, 2025
Unprompted review
Rated 5 out of 5 stars

Good experience

I had a good experience with the company, transferring crypto from another exchange, converting to AUD and withdrawing to Australian bank account.

Low fees, reasonable spreads, good platform and good support, overall a fairly seamless process.

August 7, 2025
Unprompted review
Rated 5 out of 5 stars

Day1x..

Day1x... excellent representatives

the experience i had with the representative by the name of francis was 10/10. quick, efficient, to the point with kindness and and willingness
i would definitely continue to do business with this company

July 30, 2025
Unprompted review

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