Featured In
Best Decentralized Crypto ExchangePros
Cons
Quick Summary
| Headquarters Location | Tortola, British Virgin Islands |
|---|---|
| Fiat Currencies Supported (through third party apps) | USD, AUD, GBP, CAD, EUR + 10 others |
| Total Supported Cryptocurrencies | 267+ |
| Trading Fees | 0% |
| Deposit Methods | Cryptocurrency, Banxa, MoonPay, Transak |
| Support | Facebook, Twitter, Live Chat, Help Center Articles, Support Ticket |
| Mobile App | Yes - iOS, Android |
1inch is a decentralized exchange aggregator that seeks to enhance the efficiency of trading endeavors and ensures valuable funds are protected. It consolidates liquidity from multiple exchanges to provide users with the most competitive prices for their trades while striving to keep transaction costs low.
The services provided by 1inch extend beyond mere exchange access. They offer various features to alleviate common frustrations encountered within decentralized finance (DeFi).
The app facilitates easy storage and trading of assets and provides insights into various tokens available on the market. The platform stands out as a crypto exchange because of its effective trade execution, steadfast security standards, and robust user support infrastructure.
About 1inch
Sergej Kunz and Anton Bukov, the founders of 1inch, launched into the crypto scene with a vision to seamlessly connect the patchwork of decentralized exchanges. By harnessing DEX aggregation technology, 1inch consolidates various sources of liquidity to present users with enhanced cryptocurrency exchange rates. This innovation liberates users from being tied to the offerings of any single exchange by drawing on optimal rates available across the expansive crypto market.
Regarding modernity and efficacy for avid crypto traders, 1inch stands out as an epitome. It is adept at meticulously managing a user’s standard tokens within their wallet to maximize each transaction toward its most advantageous result.
Integral to this platform is the robustly designed 1inch wallet, which safeguards assets and ensures expedient transactions.
1inch has a number of active social profiles including Facebook, Twitter, Instagram, LinkedIn, Discord, Reddit, Telegram and YouTube.
1inch has a mobile app on both the Apple App Store and Google Play.
1inch Supported Cryptocurrencies
1inch supports trading on over 267 cryptocurrencies on their platform. This exchange currently supports 7 of the top 30 market cap cryptocurrencies.
View all cryptocurrencies 1inch supports
- 0XBTC
- 1INCH
- ABT
- ABYSS
- ACH
- ADAPAD
- AGIX
- AGLD
- AKRO
- ALCX
- ALEPH
- ALPHA
- AMB
- AMN
- ANT
- API3
- APPC
- ARCO
- ASD
- AST
- AUC
- AUDIO
- AURORA
- AXS
- BADGER
- BAL
- BAO
- BAT
- BCF
- BETR
- BIT
- BLT
- BLZ
- BMI
- BNT
- BNTY
- BOND
- BONDLY
- BTB
- BTCS
- BUSD
- C20
- CAT
- CEEK
- CEL
- CELR
- CLO
- CND
- CREAM
- CRV
- CTSI
- CTXC
- CUDOS
- CVC
- CVP
- CVX
- CXO
- DAI
- DAT
- DATA
- DCN
- DDX
- DEXE
- DEXT
- DGD
- DHT
- DIA
- DIGG
- DIP
- DNT
- DODO
- DOWS
- DPR
- DRGN
- DRT
- DSLA
- DTA
- DYDX
- EDG
- EDO
- EFI
- ELF
- ELON
- ENJ
- ERC20
- ERN
- EROWAN
- ERSDL
- ESD
- EURS
- EXRN
- FARM
- FEI
- FLIXX
- FORTH
- FRAX
- FREE
- FRONT
- FTX
- FUN
- FXF
- GEN
- GLC
- GNO
- GRID
- GRT
- GTO
- GUSD
- HEGIC
- HOT
- HT
- HXRO
- HXX
- ID
- IDEX
- ILV
- IND
- INJ
- INSTAR
- INXT
- IOST
- JSE
- KEEP
- KNC
- KNCL
- KP3R
- LCX
- LDO
- LINA
- LINK
- LOC
- LON
- LOOM
- LQTY
- LRC
- LUSD
- MAN
- MANA
- MAPS
- MAS
- MATIC
- MATTER
- MCB
- MCO
- MDT
- MET
- MFT
- MIR
- MKR
- MLN
- MNTP
- MOC
- MPH
- MTL
- MUSD
- MUSE
- MXX
- NEST
- NEXO
- NFTX
- NMR
- NOAH
- NPXS
- NU
- NXM
- OM
- OMG
- ONG
- ORN
- PAT
- PEAK
- PLA
- PLR
- POLK
- POLS
- POLY
- POND
- POWR
- PRO
- PRQ
- PYR
- QKC
- QSP
- QUICK
- RAD
- RAMP
- RARE
- RARI
- RAZOR
- RBC
- RBN
- RCN
- RDN
- REEF
- REM
- REN
- RENBTC
- REP
- REQ
- REV
- RFI
- RING
- RLC
- ROOK
- ROOM
- RPL
- RVP
- SAN
- SFI
- SHFT
- SHIB
- SLP
- SNT
- SPANK
- SPD
- SPI
- SPN
- SRM
- SRN
- SS
- STAKE
- STETH
- STRONG
- SUSHI
- SUTER
- SWAP
- TCT
- TKING
- TKN
- TLOS
- TNS
- TNT
- TORN
- TRB
- TRST
- TRU
- TUSD
- UMA
- UMB
- UNI
- UP
- UPP
- USDC
- USDT
- VEE
- VIB
- VSP
- WABI
- WHALE
- WILD
- WINGS
- WNXM
- WOO
- XDC
- XNK
- XOR
- XPAT
- XRT
- XSGD
- YFII
- YFV
- YGG
- YLD
- ZIL
- ZKS
- ZRX
- ZXC
The dynamic world of cryptocurrency thrives on variety, and 1inch Exchange is at the forefront with its support for multiple cryptocurrencies.
By providing access to 267+ across these platforms, 1inch ensures users have uninterrupted access to optimal cryptocurrency exchange rates. The platform enables individuals who aim to purchase various crypto assets or delve into the latest offerings in coins and currencies within the market.
Thanks to its adaptability, 1inch is a comprehensive entry point for traders. This adaptability shines through with 1inch’s capability of incorporating emerging crypto assets. It empowers users by permitting them to integrate new ERC-20 tokens readily.
Although synthetic versions are available for specific non-Ethereum-based tokens due to network constraints while operating on the Ethereum network, user interest remains piqued by the platform’s progressive addition of features.
Trading Experience
Upon entering the trading realm of 1inch, traders are greeted with various features tailored to optimize their trading journey. The platform boasts robust liquidity pooled from various respected networks and an algorithm dedicated to tirelessly hunting for the most advantageous swap rates, thereby providing traders with the tools they need for market success.
Seamless Swap Experience
1inch streamlines the DeFi space’s complex terrain with an interface designed for user accessibility.
Whether you’re just dipping your toes into decentralized exchanges or are a veteran trader, this platform has something to offer: beginners can benefit from a simple mode that eases them into trading, while more experienced users can take advantage of the classic mode to gain access to advanced features and secure better swap rates.
This approach ensures that everyone, regardless of their level of trading experience, has access to the most advantageous exchange deals.
Advanced Trading with Limit Orders
Delving into the more complex capabilities, 1inch accommodates the intricate requirements of seasoned traders by offering limit orders. This functionality permits traders to determine an exact price point at which they desire their trade to be executed, guaranteeing that trades are conducted strictly according to their specifications.
Limit orders are crucial instruments compatible with elaborate trading tactics, providing traders with the leverage required to exploit market movements meticulously.
Integrated Wallet Services
The 1inch Wallet is a comprehensive service that transcends simple storage of crypto assets, providing an enriched experience within the platform. This non-custodial wallet ensures your assets are safely managed, offering confidence as you engage with the decentralized exchange aggregator.
Tailored for enthusiasts of decentralized finance, the 1inch Wallet presents an assortment of functionalities, including NFT storage and personalizable interface options alongside a native Web3 browser. It supports well-known wallets like Metamask, Ledger, and Wallet Connect on the Ethereum network.
The versatility and strength of 1inch’s wallet services ensure they accommodate diverse user preferences while integrating flawlessly with current networks and services.
1inch Fees
Minimizing trading expenses is paramount for traders, and 1inch has prioritized lowering these costs while ensuring the quality of service remains high. The platform requires users to cover the gas and transaction fees using various exchanges.
1inch sets itself apart by not adding extra charges on top of those necessary for trades or when funds are transferred into or out of the user’s 1inch wallet.
| Type | Fee |
|---|---|
| Trading Fee | 0% |
Security - Is 1inch Safe?
Security is of utmost importance when managing digital assets. 1inch understands this fundamental need and has instituted a robust framework of security measures to protect its users. The platform’s security measures include thorough audits of its smart contracts by respected security firms like OpenZeppelin and Consensys Diligence and a high level of security assurance.
In addition to audits, 1inch’s non-upgradeable smart contracts add an extra layer of security, preventing unauthorized changes that could lead to breaches. Moreover, SSL encryption technology guarantees the security of transactions and sensitive information.
In contrast, permissionless transactions allow users to trade without providing personal information, reducing the risk of data breaches. Users are encouraged to take proactive steps to complement the platform’s security offerings, such as securing their wallet passphrase and enabling two-factor authentication.
1inch Customer Support
Should you encounter difficulties or require information while engaging with 1inch, a robust customer support framework is at your disposal.
The customer service representatives are prepared to provide help and advice. Whether it’s an inquiry regarding the functionality of the 1inch wallet or complexities involved in executing a crypto transaction, assistance is simply one message away.
Committed to forging strong communication channels with their users, people can connect via social media for updates and additional assistance.
1inch Support Channels
Mobile Trading with the 1inch App
In today’s dynamic environment, trading on the go is essential. The 1inch app meets this demand by delivering a complete set of trading functions wrapped in a user-friendly interface that reflects the capabilities found on its web counterpart.
Users with iOS or Android devices can effortlessly access core features and swap crypto tokens swiftly through the app.
For those new to cryptocurrency, there may be an initial learning curve when setting up the app. Once acquainted, users enjoy significant advantages from mobile trading with 1inch.
How to Sign Up on 1inch
- Create Account - Visit the 1inch website and fill out the create account form. You'll need to include a valid email, set your password and type in other details like your phone number and name.
- Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
- Transferring Funds - Once your account has been verified, you'll be able to deposit using the methods listed below. Remember this exchange only supports depositing fiat currencies through third party apps it supports.
- Start Trading Crypto - That's it! You should now have everything in place to start trading.
Deposit Methods
1inch Alternatives
OKX
Total Supported Cryptocurrencies
320+
Trading Fees
0.08% - 0.10%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others
Bancor Network
Total Supported Cryptocurrencies
239+
Trading Fees
0.1%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 70 others
IDEX
Total Supported Cryptocurrencies
26+
Trading Fees
0.13%
Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 30 others
Final Thoughts
1inch is a testament to what a decentralized exchange aggregator should aspire to be.
Offering an impressive blend of trading efficiency, strong security measures, and responsive customer support, 1inch is equipped to meet the needs of both novice and seasoned traders. With its innovative technology, competitive fee structure, and commitment to community governance, 1inch positions itself as a leader in the DeFi space.
Joining 1inch means engaging with a platform prioritizing user experience, asset security, and market agility. Whether through its seamless trading experience, robust mobile app, or participative liquidity protocol, 1inch continues to demonstrate that it supports the cryptocurrency ecosystem.
1inch FAQs
Predicting the exact price of cryptocurrencies like 1inch for a specific year such as 2030 is challenging due to the volatile and unpredictable nature of the crypto markets. Factors that can influence the price include technological advancements, market trends, regulatory changes, and the overall adoption of cryptocurrency.
For accurate price predictions, it is advisable to consider the analysis from multiple financial experts and market analysts.
The 1inch Wallet operates as a decentralized wallet that allows users to interact directly with decentralized finance (DeFi) services. It typically integrates various DeFi protocols and supports token swaps, providing users with access to liquidity from different decentralized exchanges.
The wallet is designed to help users find the best trading routes and prices by aggregating data across the DeFi space.
If 1inch is unavailable or restricted in the US, it might be due to regulatory concerns or compliance issues with local laws and regulations. Decentralized finance platforms often operate in a complex legal environment and must adhere to various regulations, which can affect their availability in certain regions.
The yield of 1inch staking can vary based on multiple factors, including the amount of liquidity in the pools, the volume of the trades, and general market conditions. Staking yields are not fixed and can fluctuate over time.
It is important to review the current conditions and potential rewards on the 1inch platform or through community and analytical resources that track DeFi yields.
If 1inch is considered illegal in the US, the primary reasons could involve non-compliance with US securities laws or other financial regulations. The legality of various cryptocurrency services can depend on how they are classified by regulatory bodies and their adherence to financial regulations such as Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements.
The historical highest price of 1inch can be found on cryptocurrency market tracking platforms and historical price charts. These sources provide data on the all-time highs of cryptocurrencies, allowing users to see the maximum price 1inch has reached since its inception.
1inch is a decentralized finance (DeFi) platform that aggregates liquidity from various decentralized exchanges to facilitate token swaps at the best available prices. Its main purpose is to provide users with efficient trading strategies and lower slippage by finding the most optimal paths for trades across multiple liquidity sources.
1inch User Reviews
0.0 out of 5.0
0 reviews
No reviews yet for 1inch - be the first to review!
Methodology
At Crypto Head we use a rigorous research and rating process to assess each platform. Our star rating system is out of 5 stars and is designed to condense a large amount of information into an easy-to-understand format. You can read our full methodology and rating system for more details.
About The Authors
James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency.
His extensive experience in the industry and ability to present complex concepts in an understandable manner make his articles a valuable resource for readers seeking to navigate the ever-evolving crypto landscape.
Check James out on:
Adam Morris, the co-founder of Crypto Head and a respected crypto expert, offers insightful commentary and analysis on cryptocurrency, NFTs, and the evolving digital landscape.
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential.
Check Adam out on: