Buy 1inch in Australia on CoinJar
1inch
1INCH
Overview
What is 1inch?
Buy 1inch: Why do investors like this token? In a nutshell, 1inch is like a smart shopping assistant for traders. Imagine you’re shopping online, and you want to buy a product. Instead of going to just one store, you use a tool to check multiple websites to find the best deal. does something similar but for crypto trading. Here’s how it works.
Comparison shopping
1inch compares cryptocurrency prices across several popular exchanges in the decentralised exchange (DEX) ecosystem.
It looks at different platforms to find the best rates for the crypto swaps you want to make. Just like a coupon aggregator finds the best deals for consumers, 1inch finds the best rates for traders.
No middleman
1inch is a non-custodial exchange, which means it doesn’t hold your funds. You need a third-party wallet to use its services.
Wallets store the keys (codes) that let you control your crypto coins.
How it helps traders
If you’re trading one crypto for another (say, swapping for ), 1inch checks various exchanges to get you the best rate.
It might even split your swap across different exchanges to give you an even better deal. Plus, you can set a limit order, specifying the price you want to pay, and 1inch will execute the trade only if the currency reaches that rate.
Why would investors buy 1inch?
Best rates
Investors buy it because it finds the best rates for their trades. Lower fees mean more profit, and the protocol helps you secure low fees.
No fees
Unlike some exchanges, 1inch doesn’t charge additional fees for using its services. No withdrawal or deposit fees either.
Huge range of cryptocurrencies
1inch supports a wide variety of cryptocurrencies. Whether you’re into Bitcoin, Ethereum, or lesser-known altcoins, you'll likely benefit from being involved with the platform.
Liquidity mining and staking
Token holders can use it for trading and paying gas fees. They can also participate in liquidity mining (earning rewards by contributing to the 1inch liquidity pool) and staking.
Conclusion: Buy 1inch
In summary, 1inch is like your crypto-savvy friend who always knows where to find the best deals. It is a tool to optimise crypto trades.
Cash, credit or crypto?
Buy 1inch instantly using Visa or Mastercard. Get cash in your account fast with bank transfer, PayID or Osko. Convert crypto-to-crypto with a single click.How to buy 1inch with CoinJar
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What Is 1inch?
It is a decentralised exchange (DEX) aggregator. It helps crypto traders find the best rates and lowest fees by comparing prices across various exchanges in the DeFi space. Think of it as a smart shopping assistant for crypto swaps!
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