Where and How to Buy 1INCH Crypto: Get Access to 1inch Network Safely

Amongst 20,000+ cryptocurrencies, 1INCH crypto ranks #125 with a market capitalization of $264.5 million. 

1INCH crypto was introduced in 2020, which serves as a governance token to build the ecosystem of its platform 1inch. If you are looking for an inexpensive way to trade cryptos, a 1inch network is for you. It is a DEX aggregator with multiple decentralized exchanges like UniSwap. 

In this article, we’ll discuss what 1inch is, steps on where and how to buy 1INCH crypto, why 1inch is worth your investment, and future predictions on 1INCH crypto.

Things To Know About 1inch Network

1inch: DEX Aggregator

Initially, 1inch is a decentralized exchange aggregator. Sounds intimating? In simple words, 1inch is like a savvy shopper for cryptocurrencies. It looks at different online marketplaces (decentralized exchanges) to find the lowest prices. 

Then, it helps you in buying their cryptocurrencies from the place with the best deals. Here are popular Decentralized exchanges offered by 1inch:

Ethereum

• Sake Swap
• UniSwap v2
• BlackholeSwap
• Mstable

BNB Chain

• PancakeSwap 
• Venus
• Unifi
• JetSwap

For more cryptocurrency, you can find decentralized exchanges on the link.

1inch: Limit Order

1inch limit order protocol allows users to order on the 1inch website. You tell it the price and the conditions to sell your cryptocurrency, which doesn’t go to a particular person. 

It’s just stored in their system, and when the market price matches the price you set, the buyer can take it and cover the additional gas cost. 

Furthermore, there are other functionalities of limit order: 

• It provides a peer-to-peer order option, which allows a secure swap between each user.
• When the market price decreases to the price set by the user, 1inch provides a loss order option to users to prevent further losses.
• Suppose you have set the stop loss price too low, but the market value increases. With a trailing stop order, your stop loss price will also increase. In case the market value falls, the stop loss price remains the same.

1inch: Liquidity Protocol

1inch allows users to earn passively with its liquidity protocol. You can simply add funds like cryptocurrencies to the pool of funds and earn the reward in 1INCH tokens for accessing the liquidity mining program.

1inch: RabbitHole

One of the risks of decentralized exchange is when users swap crypto through dApp. When one user swaps the crypto, the attacker uses bots that scan the decentralized exchange’s memory pools, where transactions are waiting to process, and steals the crypto before it reaches its destination. 

This attack is known as the Sandwich attack. Thanks to the 1inch RabbitHole protocol, you can directly swap crypto to validators rather than going to memory pools.

1INCH Crypto

1INCH crypto is the governance token for the 1inch network. Here are some features of 1INCH Crypto:

Utility Token in Fusion Mode

1INCH is used as a utility token in Fusion mode, in which it uses certain tools to get permission and make sure users can do swaps (exchanging one cryptocurrency for another) quickly and in the proper order.

Fuel of 1inch Network

The 1INCH crypto is like a key that helps make decisions for affairs in the 1inch Network currently and in the future. It governs 1inch modules Aggregation and Liquidity Protocol, which are two major parts of its network.

Multichain Crypto

1INCH crypto is a multichain token that can connect to multiple blockchain networks in a single interface. Currently, it is available on Ethereum and B&B chains.

Where to Buy 1INCH Crypto

You can find 1INCH crypto is available on its 1inch exchange and several other exchanges like Binance, Huobi Global, KuCoin, FTX, and Coinbase. 

Source: coinmarketcap

How to buy 1INCH Crypto

There are different ways you get 1INCH crypto.

Buy 1INCH with Cryptocurrency Exchanges

You can easily buy 1INCH Crypto with four steps:

1. Select one of the cryptocurrency exchanges [mentioned in the article] by comparing the market price with low fees and customer services.
2. Create an account with your credentials and verify your identity with a picture ID and email address.
3. Deposit funds with a Credit/ Debit card, PayPal, or crypto you already own.
4. Buy 1INCH crypto by exchanging your deposits.

Get 1INCH Crypto with Decentralized Exchange

You can also get 1INCH crypto with a decentralized exchange. DEX allows you to swap other crypto to 1INCH with an intermediary platform. You can find DEX for the Ethereum and B&B chains in this article. 

However, the best DEX for 1INCH crypto is its 1inch network platform, which allows multiple decentralized exchanges for 1INCH tokens. Here are the steps to swap 1INCH crypto:

1. Go to the 1inch Network and click on Launch App.

Source: coin98

2. Connect to any crypto wallet.

3. Select the Crypto you want to swap. For 1INCH, you can swap Ethereum and BNB.
4. Confirm your crypto wallet.
5. Again, click on Swap.

Done! You have successfully got 1INCH crypto.

Earn 1INCH Crypto with Liquidity Pool

Another way to get 1INCH crypto is to earn it on a 1inch Network. Here are the steps to do it:

1. Launch dApp of 1inch network.
2. Click on DAO and Select Pool.

3. Choose the pool you want to add 1INCH crypto.

4. Enter the amount of assets you want to provide. [Add value in USD]

5. Give permission, and you are done adding liquidity to the 1inch pool.

Farming

After you provide liquidity to a 1inch pool, you will receive an LP token showing your ownership of that pool. Here are the steps to stake and farm 1INCH crypto through LP token:

1. Click on DAO and select Farming.

2. You can select the pool to add liquidity.

3. Now deposit your LP token in it. 

4. After depositing your LP token, you can withdraw or collect rewards as 1INCH crypto anytime.

Where to Keep 1INCH Crypto

After buying or earning 1INCH crypto, you must keep them in a secure wallet. There are different types of wallets: Hardware, software, and Paper wallet. A hardware wallet is the best to keep your 1INCH crypto, but you can also use a 1inch Network wallet. 

There are many benefits of a 1inch wallet:

1. You can buy, store, transfer, browse, play games, stake, swap, and more with a 1inch wallet.
2. It provides access to all DEXs available for swapping crypto.
3. 1inch wallet has top-level security with private keys and seeds scanning for importing crypto
4. It also has a secure Apple iCloud backup option.

If you are using other wallets like Metamask wallet, then you can avoid sandwich attacks while transacting by adding a 1inch RabbitHole app.

1. Open Settings and Click on Networks.

2. Select Add Networks and Enter the following parameters.

How to Securely Trade 1INCH Crypto

Buying 1INCH is secure with a 1inch network, but what about selling it on other platforms? Is it secure? Can you save your crypto from scammers? The answer is Yes. First, you need to be conscious whenever you trade your crypto. 

Secondly, use a platform to secure your passwords, online identity, digital assets, and means of depositing funds. You might be confused about which platform to trust for these important tasks. It’s simple. Go for a VPN like PureVPN. 

What PureVPN offers for Crypto Traders

• It provides 6500+ servers over 88+ locations for crypto traders through which you can find unavailable crypto in your region and get a low ping rate.
• It protects your online identity as a crypto trader so you stay safe from mining scammers.
• It has no log policy. It means all your online activity will have no record.

Future of 1INCH crypto

The future prediction of 1INCH crypto is that its price will increase remarkably. Here are some projections year-wise.

• In 2023, the 1INCH crypto price will be between $0.49 to $1.18.
• In 2025, its price is predicted to be $2, and you can trade it in between $1.36 to $1.95.
• In 2030, it is suggested that 1INCH price will be around $5.02 while the minimum price will be $4.11, and the maximum is predicted as $5.92.

With these predictions, you can take 1INCH crypto as a good investment for crypto traders.

1INCH Crypto: The Takeaway

Before starting your crypto-verse journey with 1INCH token must be difficult. But, with this article, you have learned where and how to buy 1INCH crypto, how you can earn them on a 1inch network, where to securely keep your crypto.

Lastly, the best way to protect your online trading identity with PureVPN. So what are you waiting for? Step into the world of virtual trading with 1INCH.