1inch
About 1inch
1inch (1INCH) is an ecosystem that basically aggregates the best of Decentralized Finance (DeFi). It combines various protocols to create countless opportunities where users’ profits are potentially maximized. 1inch manages this by scanning the entire DeFi space with its unique protocol, looking for the best rates and most optimal solutions. Additionally, the ecosystem offers an advanced automated market maker (AMM) liquidity protocol, which operates with above-average security. Also, users have the chance to explore various staking and transacting opportunities across multiple blockchains via the 1inch Wallet. 1INCH, the ecosystem’s native crypto token, provides its holders with governance rights over the entire platform via the popular, Decentralized Autonomous Organization (DAO) framework. 1inch is considered one of the most examined ecosystems of the DeFi sphere, which, along its uniquely developed solutions, contributed to the network’s outstanding safety, and competitive return offering.
In the last hour, 1inch's price has seen a change of -0.41%, and over the past 24 hours, its price has moved by -1.26%. Over the previous week, 1inch's price has moved by +11.83%. The current price of 1inch is AED 0.3728, accompanied by a trading volume of 35.26M in the last day. 1inch's price is currently 98.71% below its all-time high of AED 28.89, which remains the highest price 1inch has achieved since its launch. The circulating supply of 1inch stands at 1.414B, translating to a total market capitalization of 527.1M.
Market stats
Frequently asked questions
How to invest in 1inch?
Rain offers you a number of ways to start investing in 1inch, including buying 1inch through bank transfers or by using your bank card. To purchase 1inch on Rain, you can select 1inch in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy 1inch with card?
Once you add your bank card to your Rain account, you can use it to buy 1inch directly. You can start by adding your card to your payment options on your Rain account. To purchase 1inch using your bank card, you can select 1inch, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy 1inch through bank deposit?
Rain enables you to buy 1inch using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing 1inch. To do that, you can select 1inch in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell 1inch?
This is an easy process that requires only a few clicks. Here are the steps needed to sell 1inch successfully:
On your Rain account, select 1inch then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert 1inch into cash?
Rain gives you the opportunity to sell 1inch and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell 1inch and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive 1inch?
If you would like to receive 1inch in your Rain account, simply click on Receive and select 1inch from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving 1inch to avoid possible loss of funds.
How to send 1inch?
You can easily send your 1inch from your Rain account to any external wallet by clicking on Send and selecting 1inch from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy 1inch with Rain?
When you buy 1inch with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing 1inch on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a 1inch wallet?
A 1inch wallet is where you can securely store 1inch. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a 1inch address?
A 1inch address is a string of unique characters that is tied to your 1inch wallet. The address functions just like a bank account number and it is what you use in order to send 1inch from your wallet, or to receive 1inch to your wallet.
What trading pairs available for 1inch?
There are over 200 currency pairs available on Rain for you to trade with. You can trade 1inch with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap 1inch with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy 1inch?
You can trade 1inch with any amount above $30 or equivalent in your account's currency. You can start trading 1inch now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides 1inch?
Besides 1inch, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is 1inch built on?
1inch is built on the ETH blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my 1inch safe?
To keep your 1inch safe, make sure to use trusted wallets that support ETH. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of 1inch be in next 5 years?
Price predictions for 1inch over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading 1inch taxable?
Trading 1inch may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is 1inch's ATH?
1inch’s all-time high (ATH) was AED 28.89 on 08 May 2021. This represents the highest recorded market price of the asset to date.
What is the market cap of 1inch?
With a market capitalization of 527.1M, 1inch is ranked 147 among other crypto assets.
What is the all-time high of 1inch?
The highest valuation of 1inch since its launch was at AED 28.89, marking its all-time high.
What is the 24-hour trading volume of 1inch?
The trading activity of 1inch over the last 24 hours was at 35.26M, highlighting its liquidity in the market.
How many 1inch are there in circulation?
There are approximately 1.414B units of 1inch currently in circulation, affecting its market dynamics.
What is the relative popularity of 1inch?
1inch market cap is around 527.1M.
When was 1inch created?
1inch was introduced on 21 Dec 2020.
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