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1inch Review

Last Updated on April 2, 2024

James Headshot
Written by
Adam Headshot
Edited by
1inch logo
3.87
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.
Visit 1inch

The Bottom Line Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

1inch Exchange stands out in the decentralized exchange aggregator space with its competitive rates and dedication to user satisfaction. Their innovative platform combines offerings from various exchanges for an engaging yet cost-effective trading experience.

Table of Contents
Disclaimer: This is not a validation of cryptocurrency or any particular provider, service, or product. It should not be taken as advice to engage in trading or use any services. Please check our terms and conditions.

Featured In

Pros

  • Offers best rates by aggregating prices from multiple exchanges
  • Minimizes slippage for users through its Pathfinder algorithm
  • Provides high liquidity by pooling various liquidity sources
  • Supports a wide range of ERC-20 tokens and other cryptocurrencies
  • Decentralized and non-custodial, enhancing security and user control
  • Compared to centralized exchanges, 1inch has a very effective tool for handling slippage
  • Compatible with different wallets

Cons

  • Complex interface that may not be beginner-friendly
  • Transaction fees can be relatively high during network congestion
  • Requires a good understanding of DeFi and wallet usage
  • Limited fiat support, complicating the process for fiat-to-crypto transactions
  • Dependent on the Ethereum network, which can lead to high gas fees

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 Exchange is an innovative platform designed to revolutionise how users engage with the crypto market. Acting as a decentralized exchange aggregator, 1inch provides its unique service of collecting prices from various exchanges so users can benefit from accessing the best rates possible when trading cryptocurrencies.

1inch homepage

Since its conception, 1inch Exchange has continually developed to keep pace with the ever-evolving crypto market and stay at the forefront of the decentralised finance movement. Thanks to its agility and innovative spirit, 1inch has consistently outlived expectations as an exchange platform.

1inch has tried to ensure users achieve optimal results and has distinguished itself in an increasingly competitive marketplace. Their seamless experience combines various marketplaces into one seamless offering for an audience who values efficiency and optimization when trading activities occur.

About 1inch

1inch Exchange was founded by Sergej Kunz and Anton Bukov in 2019 to streamline blockchain trading. By collating information from multiple decentralized exchanges, this platform ensures that users can exchange tokens at competitive prices.

Since then, the network has broadened its offerings to encompass various blockchain solutions, earning recognition as an influential contributor in the DeFi industry.

1inch features

Since being founded by Sergej Kunz and Anton Bukov in 2014, 1inch Exchange has successfully navigated its way through various market cycles by adapting to emerging trends while solidifying its place within the industry. Thanks to this adaptiveness, 1inch has thrived where others have faltered; its resilient model is standing the test of a volatile crypto space.

1inch Exchange has witnessed and contributed to significant industry milestones, including the increase in popularity of DeFi projects that demonstrate demand for more democratic financial systems. 1inch’s success and growth trajectory mirrors this narrative as they collectively strive towards innovative financial solutions.

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.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Tether USDt (USDT)
  • BNB (BNB)
  • Solana (SOL)
  • USDC (USDC)
  • XRP (XRP)
  • Toncoin (TON)
  • Dogecoin (DOGE)
  • Cardano (ADA)
  • Avalanche (AVAX)
  • Shiba Inu (SHIB)
  • Bitcoin Cash (BCH)
  • TRON (TRX)
  • Polkadot (DOT)
  • Chainlink (LINK)
  • Polygon (MATIC)
  • Internet Computer (ICP)
  • Litecoin (LTC)
  • NEAR Protocol (NEAR)
  • UNUS SED LEO (LEO)
  • Dai (DAI)
  • Uniswap (UNI)
  • First Digital USD (FDUSD)
  • Aptos (APT)
  • Stacks (STX)
  • Ethereum Classic (ETC)
  • Mantle (MNT)
  • Bittensor (TAO)
  • Cronos (CRO)

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

Trading Experience

1inch Exchange offers an intuitive user experience with its user-friendly interface streamlining token-swapping processes. Furthermore, they support many ERC-20 tokens and features such as liquidity pools and farming to enhance your trading experience further.

Integration between the platform and popular wallets ensures a seamless user experience when transacting.

Trading on 1inch Exchange should be both rewarding and engaging. Beyond its user-friendly interface, this exchange provides features tailored to fit the preferences and expertise of traders of all levels.

From pool shares and farming pools to governance modules that give users an impactful voice in shaping the network’s future, 1inch offers a full suite of options for those engaging with crypto assets. Integration with multiple wallets and support for various cryptocurrencies further solidifies 1inch as an effective trading platform.

1inch exchange marketing

1inch Fees

1inch Exchange offers users a cost-efficient fee structure designed to meet their needs. Instead of providing fixed rates, this platform uses an algorithm that considers the complexity of orders to offer more cost-efficient solutions for single transactions.

Although exact figures may change based on network conditions, 1inch strives to keep its transaction costs competitive enough to reflect its service’s value.

1inch Exchange recognizes that blockchain transactions can be an ever-evolving market, so its fee structure has been designed to adapt accordingly. All fees charged reflect the intrinsic value provided by its platform, so users not only get optimal swap conditions but also receive transparent financial engagements.

Fee flexibility contributes to an equitable ecosystem where users’ interests align with the exchange’s.

Type Fee
Trading Fee 0%

Security - Is 1inch Safe?

Security at 1inch Exchange is of paramount importance. Since it operates as a non-custodial exchange, users always retain control over their private keys and funds.

Additionally, this network employs various security protocols to safeguard its ecosystem while adhering to the regulatory standards of the decentralized financial sector.

1inch Exchange goes beyond simply offering non-custodial security; its robust framework includes smart contract audits and security checks to provide additional protection from potential threats.

1inch’s proactive approach to protecting its network and users demonstrates its high standard of care, instilling confidence among users that their transactions are protected in an environment that is as innovative as it is secure.

1inch Customer Support

Customer support is essential to any platform, and 1inch Exchange assists through various channels. Its community members can easily connect with its team for guidance and assistance, ensuring all users’ needs and concerns are promptly addressed.

1inch Exchange’s customer support network is founded upon the understanding that strong communities are essential components of any successful platform. This is reflected in our comprehensive support provided to users to address their queries and concerns in an efficient and timely manner.

1inch’s team recognizes that providing responsive and knowledgeable support services is key to user retention and satisfaction; making this one of their key operational priorities.

1inch support

1inch Support Channels

  • Facebook
  • Twitter
  • Instagram
  • Live Chat
  • Help Center Articles
  • Support Ticket

How to Sign Up on 1inch

  1. 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.
  2. Verify Account - Confirm your email, you should get an email asking you to verify your account creation.
  3. 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.
  4. Start Trading Crypto - That's it! You should now have everything in place to start trading.

Deposit Methods

  • Cryptocurrency
  • Banxa
  • MoonPay
  • Transak

1inch Alternatives

OKX logo

OKX

3.58
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
320+

Trading Fees
0.08% - 0.10%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 85 others

Visit OKX
Bancor Network logo

Bancor Network

3.87
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
239+

Trading Fees
0.1%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 70 others

Visit Bancor Network
IDEX logo

IDEX

3.71
Crypto Head Rating
Our review is based on the spot trading platform. Please check our methodology on how we rate exchanges for further information.

Total Supported Cryptocurrencies
26+

Trading Fees
0.13%

Fiat Currencies Supported
USD, AUD, GBP, CAD, EUR, NZD + 30 others

Visit IDEX

Final Thoughts

1inch Exchange is distinguished in the crypto marketplace by providing an efficient and user-centric trading experience. Its innovative transaction fee structure and capacity to offer optimal swap rates from various sources make it an outstanding platform for novice and veteran traders.

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.

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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 Headshot
Written by

Crypto Technical Writer

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.

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Edited by

Co-Founder / Managing Editor

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.

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