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How to buy 1INCH (1INCH)
What is 1INCH (1INCH)?
1inch is a decentralized exchange (DEX) that aggregates data from multiple DEXs and provides the best trade options to users. The protocol allows users to search for the most lucrative swaps across 170+ DEXs in 10 blockchain networks - including Ethereum, Polygon, Avalanche and Fantom - through a single interface. On top of dynamic pricing, implementation of limit orders and even auctions, 1inch boasts a hyper-secure network with multiple code audits from several top-notch audit firms.
To offer the best swap price to users, 1inch automatically splits orders across different DEXs to get the best deals. Besides seeking out the best prices, 1inch also allows users to swap tokens across different blockchain networks. For instance, users can trade their ERC-20 token for a BEP20 one.
1inch has a governance token with the same name. With 1INCH tokens, people can vote for changes and updates via its DAO and be rewarded for their participation. Furthermore, 1INCH can be locked in liquidity pools and yield farming for more rewards.
1INCH FAQ
- Cryptocurrencies, such as 1INCH, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
- Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as 1INCH have been created as well.
- Check out our 1INCH price prediction page to forecast future prices and determine your price targets.