What is 1inch Network?
Founded by two prominent names in the crypto industry, Sergej Kunz and Anton Bukov, 1Inch is a decentralized aggregator that scans several DEX (decentralized Exchanges) in order to find the best solution that has deep liquidity and is potentially profitable for liquidity providers.
Currently, it gives users access to more than 116 sources from different blockchain networks, including Ethereum, Binance Smart Chain, Polygon, and more, to interact with. The platform also has a native token with the same name that is used to power the ecosystem. 1INCH, the original coin of the 1inch Network, can be purchased on Bitget.
Who Created 1inch Network?
In 2019, Sergej Kunz and Anton Bukov established 1inch Network. Both of them have been acquainted with blockchain technologies, and Kunz is the CEO with a degree in computing and prior employment with IBM and Nginx. Meanwhile, Bukov is the CTO, having co-founded the company.
Bukov is a seasoned software developer having a degree in cryptography with years of experience in developing TCP/IP OS stack and C++ language-based applications. Apart from his contribution as a founding member of 1Inch Network, he also worked as a senior smart contract engineer as well as Chief Blockchain Engineer for Near Protocol.
The aggregation protocol of 1inch Network uses various algorithms to carry out its role: to provide customers with access to liquidity sources worth more than $30 billion.
Where is 1inch Netwrok Located?
The main office of 1inch Network is in Grand Cayman, and its address is Suite 102. The Cayman Islands have a business-friendly atmosphere and good tax regulations, making them an attractive site for Bitcoin and blockchain enterprises.
1inch vs MetaMask
Although both 1inch Network and MetaMask are connected to the Ethereum blockchain in some way, the services each performs are distinct.
The primary function of MetaMask is that of a digital wallet that enables users to interact with the Ethereum ecosystem. In contrast, the primary aim of 1inch Network is to offer customers deep liquidity at the lowest slippage for altcoins swapping.
Ultimately, the decision between 1inch Network and MetaMask will come down to your particular requirements and use cases. It is important to note that 1inch Network may be connected with MetaMask. This integration gives users of MetaMask the ability to use the DEX aggregator and other protocols offered by 1inch Network straight from their wallets. Users of MetaMask may have access to extra capabilities as well as an improved user experience as a result of this integration.
1inch vs PancakeSwap
PancakeSwap and 1inch offer users a decentralized option to exchange cryptocurrencies; however, these two platforms run on separate blockchain networks and provide users with various distinct features and advantages.
PancakeSwap provides users with access to a variety of BSC-based currencies as well as several extra services. In contrast, 1inch’s primary focus is on delivering to consumers a DEX experience on the Ethereum blockchain that is more effective and easier to navigate.
Which of the two you go with will be determined by your use case’s particular requirements and circumstances.
Where Can I Buy 1INCH Crypto?
1INCH is the native token of the 1inch Network built on top of the Ethereum blockchain based on the ERC-20 standard. It is listed on tons of popular decentralized and Centralized Exchanges, including Binance, KuCoin, Coinbase, Bitget, Gemini, and more.
How to Stake 1INCH Token
- You’ll need to get some 1INCH tokens and then link your wallet up with a staking platform that allows for 1INCH before you can start staking.
- The next step is to decide which type of staking best meets your needs, stake your tokens, and keep an eye on your earnings.
Before staking your tokens, it’s vital that you do your homework and fully comprehend the potential consequences.
How to Buy 1INCH
The following is an in-depth walkthrough of the process of purchasing 1INCH through the use of Bitget.
1. Create an Account & Deposit Funds
Visit Bitget’s homepage and sign up for an account by entering your email address and choosing a password. As part of the know-your-customer (KYC) procedure, you may be asked to provide identification documents and other personal details.
Coin-Labs signed a business partner agreement with Bitget Exchange in 2021. Therefore, if you sign up for the Bitget through Coin-Labs, you can participate in several events with the highest commission level and bonuses of up to 4,163 USDT.
You can finance your Bitget account once you have made it by incorporating funds from another origin. Just two of the many digital currencies accepted for lodgements are Bitcoin (BTC) and Ethereum (ETH).
2. Navigate to 1INCH Trading Pair
Once you have finished depositing money into your Bitget account, go to the 1INCH trading pair. To do this, open the “Markets” menu at the top of the page, type “1INCH” into the search box, and then pick the proper trading pair, like “1INCH/USDT. “
3. Place an Order & Withdraw 1INCH Tokens
You can acquire 1INCH at the present rate or set an upper or lower-order maximum cost. When you’re prepared to finalize the exchange, input the amount of 1INCH you wish to purchase and press the “Confirm” button.
The 1INCH tokens will be added to your Bitget wallet once your order has been fulfilled. The 1INCH tokens can then be transferred to an external wallet of your choosing.
How to Swap 1INCH
To swap 1INCH tokens, you can use a decentralized exchange (DEX) such as Uniswap, SushiSwap, or 1inch Exchange. Here are the general steps to swap 1INCH.
- Connect your wallet: Link your 1INCH token-containing wallet to your preferred DEX. DEXs typically support popular wallets like MetaMask, MyEtherWallet, and Ledger.
- Choose token pair & amount: Choose the amount of 1INCH you like to exchange, as well as the token pair (ETH, BTC, or USDT) you wish to use.
- Review details & Confirm: Review the exchange rate, slippage, and any fees associated with the swap. You can also enable “partial fill” and “limit order” options to optimize the swap.
- You can finalize the swap after you’ve checked the terms. A confirmation and signature request will appear in your wallet before the Exchange is finalized.
Once it has been confirmed, it must be processed on the blockchain.
1INCH Crypto Price Prediction
According to the latest trading data on different Exchanges 1Inch is currently trading below $0.52 with a verified circulating supply of more than 916,459,183 1INCH tokens.
Multiple factors, including volume changes, price changes, market cycles, and comparable coins, are factored into the price predictions.
1INCH Price Prediction 2025
This year may be remembered as the watershed year because the price of a 1INCH coin is forecast to exceed $2 by any means.
1INCH Price Prediction 2026
$1INCH price rose to $2.5. Thus, market sentiment has increased greatly. Traders and investors are betting on the long-term 1INCH movement. So, the 1INCH price prediction for 2026 is still looking good, with a possible increase to $2.65 by the end of the year.
1INCH Price Prediction 2027
Predictions of an upswing for 1INCH have been made in tandem with the current bullish trend. It’s easy to see that 1INCH will follow the same bullish trend lines that other coins have followed, eventually reaching the $2.95 price point.
1INCH Price Prediction 2028
Long-term forecasts also call for an increase, with a minimum estimate of $2.85 by 2028. According to market research and predictions, now is a good time to buy 1INCH tokens, as their value could rise to more than $3.59 by the end of the year.
1INCH Price Prediction 2029
Beginning in 2029, 1INCH is expected to exhibit promising growth, with the lowest price possibly hovering around the $3.60 mark. Our analysis suggests that by the end of 2029, the token’s value will have increased to at least $4.50, probably more like $4.
1INCH Price Prediction 2030
Due to the high volatility of tokens, professional token traders always think in the long term. Token holders who are patient and optimistic about the long term can anticipate a return on their 1INCH investments by the year 2030 when the coin’s adoption has grown exponentially, and the token is no longer considered a newcomer to the cryptocurrency market. However, a skilled player can easily profit over $6.25.
Is 1inch Network a Good Investment?
1inch is worth the cost. Still, it’s wise to research before acting on any price predictions you see in the market chart, including keeping an eye on the ebb and flow of supply and demand. If you make a calculated investment based on the website’s price predictions, you won’t have to worry about experiencing any heartbreak or lowering your standards.
Is 1inch Network safe?
Since 1inch serves as a non-custodial exchange, no user resources are stored on the platform itself; instead, everything is maintained by sophisticated contracts. Due to this, the platform is highly safeguarded.
We Coin-Labs.com provides only objective information about 1inch Network.
Therefore, we are not responsible for the investment decision in 1inch Network and the resulting loss.
1inch Network Basics
Here are some factors that investors should consider before investing in 1inch Network.
| Cryptocurrency Features | 1inch Network (1INCH) |
|---|---|
| Publisher or Developers | Sergej Kunz and Anton Bukov |
| Headquarters (Registration Number) | Grand Cayman |
| Symbol | 1INCH |
| Platform | ETH |
| Published Date (CMC Registration) | 2020-12-25 |
| Max Supply | No limit |
Reliability Score of 1inch Network in 2023
These are indexes mesuring the investment reliability of 1inch Network conducted by Coin-Labs.com.
| Investment Reliability Rating Items | Scores and Current Status |
|---|---|
| Company Activation Rate | 5.3 / 10.0 CAR |
| Communication Rate | 3.1 / 10.0 CR |
| Technology Transparency Rate | 4.4 / 10.0 TTR |
| Development Participation Rate | 5.7 / 10.0 DPR |
| Listing Status on the World's Top 10 Exchanges | Listed on 10 Exchanges |
| Number of Available Pairs Worldwide | 383 Pairs |
| Market Cap of the Cryptocurrency | 271,423,215 USD (Rank #101) |
The table above shows the result of investment suitability evaluation for 1inch Network.
Check out how we evaluate cryptocurrencies on the crypto rating description page.
1inch Network Price
Here are the price and recent trading volume of 1inch Network. (Data of 2023-09-26 04:03:00)
| Price Items | Price and Trading Volume of 1inch Network |
|---|---|
| 1inch Network Price | 0.262 USD |
| Price Change 24h | 1.31% |
| Price Change 7d | 4.69% |
| Trading Volume 24h | 18,464,445 USD |
| Trading Volume Change 24h | 64.03% |
Cryptocurrency Metadata
You can check the development status and social media information of 1inch Network through the links in the table below.
| Metadata Source | URL |
|---|---|
| 🌎 Official Website | https://1inch.io/ |
| 📖 White Paper | https://docs.1inch.io/ |
| 🛰️ Source Code (GitHub) | https://github.com/1inch |
| https://twitter.com/1inch | |
| https://reddit.com/r/1inch | |
| 🎺 Message Board | https://blog.1inch.io/ |
Where to Buy 1inch Network
Here are the top ten world crypto exchanges where traders can buy 1inch Network in 2023.
| Top10 Exchanges | Listed Status | Page URL |
|---|---|---|
| Binance | Listed | https://www.binance.com/en/trade/1INCH_BTC?theme=dark&type=spot |
| Coinbase | Listed | https://pro.coinbase.com/trade/1INCH-USD |
| Kraken | Listed | https://trade.kraken.com/ko/charts/KRAKEN:1INCH-EUR |
| KuCoin | Listed | https://www.kucoin.com/ko/trade/1INCH-USDT |
| Bitfinex | Listed | https://trading.bitfinex.com/t/1INCH:USD |
| OKX | Listed | https://www.okx.com/trade-spot/1inch-usdt |
| Huobi | Listed | https://www.huobi.com/en-us/exchange/1inch_usdt |
| Bitstamp | Listed | https://www.bitstamp.net/markets/1inch/usd/ |
| Bybit | Listed | https://www.bybit.com/en-US/trade/spot/1INCH/USDT |
| Gate.io | Listed | https://www.gate.io/trade/1INCH_USDT |
Frequently Asked Questions
What is the current price of 1inch Network?
1inch Network price today is 0.262 USD. Furthermore, the price of 1inch Network has fluctuated by 1.31% from 24 hours ago, and by 4.69% from a week ago.
Where is 1inch Network listed?
Currently, it is listed on a total of 10 among the world top 10 exchanges.
What is the market cap of 1inch Network now?
Currently, 1inch Network has a market cap of 271,423,215 USD, which is ranking 101 among cryptocurrencies worldwide.
How much is the trade volume of 1inch Network?
Currently, 1,034,879,426 1INCH coins are circulating through 383 market pairs. As a result, in the last 24 hours, 18,464,445 USD of 1INCH coins were traded in the market.
