Whether you’re an experienced trader or this is your first purchase, Kriptomat makes the buying process simple with a choice of payment methods. What set’s 1inch apart from others is that 1inch helps you find the most inexpensive trading option from all exchanges and facilitates trade using liquidity protocols. Find an exchange to buy, sell https://topbitcoinnews.org/ and trade 1INCH by comparing deposit methods, supported fiat currencies and fees. The best method of purchasing 1INCH is through crypto exchanges because it has the lowest fees. The only downside is that you have to complete a KYC process, so you won’t be anonymous. 1INCH is Ethereum-based crypto that uses the ERC-20 chain for transfers.

It was one of the first exchanges to get New York’s BitLicense, which many think will be the basis for future crypto regulation in the U.S. You can also reduce gas fees by opting to pay them in the Chi Gastoken (CHI), 1inch’s own Ethereum-based token designed to cut transaction costs. If you are a U.S. resident, there are a number of excellent licensed cryptocurrency exchanges and it makes sense to use one of these. 1inch shops around various exchanges to find the best rates for whatever swap you want to make. Depending on what currency pair you are trading, it may give you better rates than many of the major exchanges. It may also split the swap across more than one exchange if that gives you a better deal.

List of all 1inch exchanges where you can buy, sell, trade 1INCH coin, sorted by trading volume

It acts as both a utility and governance token for the 1inch Network. 1inch holders can stake 1inch through the platform’s Decentralized Autonomous Organization (DAO) to earn staking rewards and help tweak the protocol. Users help decide vital parameters like the swap fee for the liquidity protocol and how much interest governance stakers earn. They can also stake 1inch in the network’s liquidity pools to earn anywhere between 5% to 90% APY, depending on the other token in the pool. Go to the create account page on your selected platform and fill in the registration form.

Kriptomat customers are able to purchase 1inch for cash with either a credit or debit card. Card transactions also provide an instant solution to get you into the cryptocurrency game immediately – no waiting for funds to settle. Firstly, you need to create an account with an exchange that allows the trading of 1INCH tokens. 1INCH tokens can be availed from several exchanges, but the bad news is that they won’t sell them for fiat currency. Thus it is important to have other cryptos for purchasing 1INCH tokens.

How is the price of 1INCH determined?

Check out our recommended platforms below and follow the steps to safely buy 1inch. KuCoin currently offers 1inch (1INCH) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens. Besides being visibly appealing, the Uphold trading platform How to buy 1inch allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform.

• Brokers have no limits on how many tokens you can buy because they offer CFDs.
• The 3rd protocol used by 1inch is a complex limit order system useful for anyone dissatisfied with regular market orders and looking to swap tokens at specific prices.
• Share your referral code with friends and you’ll each get €10 of FREE Bitcoin when they begin using their accounts.
• Please appreciate that there may be other options available to you than the products, providers or services covered by our service.
• Log into your YouHodler.com account to purchase 1inch Network (1INCH) by bank transfer.

Below we’ve outlined the best brokers that provide 1INCH on their platform. You just need to select your two tokens & 1inch will figure the rest. Be on the lookout for 1inch Pro, designed to fully comply with appropriate U.S. regulations. Not having a full regulatory green light in the U.S. is viewed unfavorably. The announcement coincided with the infusion of an additional $125 million in Series B funding which will be primarily invested in 1inch Pro and related services (TechCrunch).

How to Sell 1INCH?

KuCoin is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.

As a result, if the project continues to be active, it’s feasible that the price of 1INCH will rise over time. However, numerous analysts are predicting a bullish yeah for 1inch Network, with some speculating that the token’s price will increase by over 40% in 2023. 1INCH token, the protocol’s native governance and utility token, was launched on December 25th, 2020. Since then, 1inch Network has been performing great, especially in terms of fundamentals.

Prepare your swap with 1inch

The 1INCH Network platform has multiple features like providing liquidity for staking. Before purchasing this cryptocurrency, you need to consider multiple factors like where to buy 1INCH and how to store it safely. Christmas 2020 marked the launch (via airdrop) of 1inch’s native currency. The 1INCH governance token grants holders the right to vote on proposed changed to the protocol. Liquidity providers earn 1inch in exchange for deposits on the 1inch LP.

Current Crypto Prices

It reached its all-time highs of above $7.70 on May 8, 2021, about the same time Ethereum topped out. Since the token’s peak, it has been a bumpy road of dramatic price changes, falling to $2.12 only 2 weeks later. At the time of writing, 1inch is hovering around $1.50, down significantly from its all-time high.

Use Ledger Live to directly buy crypto with our partners, or transfer funds from an exchange to your hardware wallet. Ledger hardware wallets are the smartest way to securely store your assets. As it is a decentralized service, you don’t need to create an account on 1inch. Unlike fiat currencies, with their seemingly infinite supply, 1INCH is capped at 1.5 billion tokens, roughly 415 million of which are already in circulation. As of mid-February 2022, 1INCH was changing hands at roughly $1.77, representing, over the prior six-month period, a decline of 42%.