Last update: Jun 6, 2022

How to Buy 1inch (1INCH)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy 1inch. Depending on where you live, you’ll have various crypto exchanges to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

1inch

How to Buy 1inch – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have 1inch of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto trading platforms.

4. Buy 1inch

Now that you have what you need to buy 1inch, head over to the market or buy section of the crypto exchange and buy some 1INCH.

If the crypto exchange doesn’t have any 1inch on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has 1inch first), and trade your Ethereum for 1inch.

Where to Buy 1inch (1INCH)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell 1inch

  1. Sign into the cryptocurrency exchange where you bought 1inch.
  2. Move your 1inch to the right place on the exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell 1inch.

 

Crypto trading

How to Buy 1inch (1INCH) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy 1inch in Australia, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy 1inch if it’s available. If the exchange doesn’t have 1inch. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has 1inch), and trade your ETH for 1inch.

Also, take a look at our analysis of the cryptocurrency brokers in Australia If you’re looking to learn more about the exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy 1inch (1INCH) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy 1inch in Canada, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy 1inch if it’s available. If the exchange doesn’t have 1inch. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has 1inch), and trade your ETH for 1inch.

Alternatively, if you want to learn more about the exchanges we prefer, read our comparison of the top exchanges to buy and sell cryptocurrency in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy 1inch (1INCH) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy 1inch in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy 1inch if it’s available. If the exchange doesn’t have 1inch. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has 1inch), and trade your ETH for 1inch.

Also, check out our comparison of the UK bitcoin exchanges if you’re curious to know more about the exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying 1inch? 1INCH Rundown

The 1inch Network combines decentralized protocols, whose combination enables the most lucrative and fastest protected operations in DeFi.

1inch Network's first protocol ( DEX) is a decentralized Exchange ( aggregator). This search engine searches deals from multiple liquidity sources and offers users better rates than any other exchange. The 1inch Aggregation Protocol uses the Pathfinder algorithm to find the best routes across more than 70+ liquidity resources on Ethereum, 40+ liquidity source on Binance Smart Chain and 20+ liquidity source on Polygon. It also includes 40+ liquidity source on Polygon, 20+ liquidity source on Polygon, 20+ liquidity on Polygon, 40+ liquidity source on Binance Smart Chain, 40+ liquidity on Polygon, 40+ on Avalanche, Optimistic Ethereum and Arbitrum, as well as 40+ liquidity options on Avalanche, Optimistic Ethereum and 40+ sources on Gnosis Chain, Optimistic Ethereum The 1inch DEX aggregater has been in use for just two years and already surpasses $120B in total volume on the Ethereum network.

The 1inch Liquidity Protocol ( AMM) is an automated market maker that offers attractive opportunities for liquidity providers and protects users against front-running attacks.

The 1inch Limit Order Protocol allows for the most flexible and innovative limit order swap opportunities in DeFi. Dynamic pricing, conditional orders and additional RFQ support are just a few of the many features that make up the protocol. They also power auctions, stop-loss orders and trailing stop orders.

The 1inch wallet is a multichain platform for mobile devices that offers an intuitive interface, secure storage, transaction and stake capabilities. This multifunctional wallet was designed to simplify interaction with 1inch's features.

1INCH, the governance token of 1inch Network, is used to vote for protocol parameters in the decentralized autonomous organisation ( DAO ) model.

1inch received a $2.8million funding raise in August 2020 from Binance Labs and Galaxy Digital.

1inch, which was led by Pantera Capital with other investors including ParaFi Capital and Blockchain Capital, Nima Capital, Spartan Group, raised $12 million in Series A funding in December 2020. The SAFT (simple agreement to future tokens sale) was used for the funding round.

Amber Group led 1inch's $175 million Series A round in December 2021. Jane Street, VanEck and Fenbushi Capital were among the 50 investors who participated in this funding event.

The 1inch Network allows users to access the deepest liquidity across seven supported blockchains. It also offers attractive prices and high levels of security. This project is the most audited in DeFi.

1inch is not custodial and all trades occur within one transaction from the user's wallet on any supported layer-2 or blockchain networks.

Users are also provided with high levels of security by the 1inch protocol's technical structure. Insecure liquidity sources, for example, can be connected to the 1inch Aggregation Protocol. Users are not at risk of losing funds. To prevent losses, the protocol includes security checks that are performed on every transaction. More than 180 liquidity sources have been integrated into the 1inch network as of February 2022.

Audits of 1inch smart contracts were conducted by top industry audit teams such as OpenZeppelin and Consensys diligence.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.