Buy 1inch
What is 1inch?
1inch is a decentralised exchange (DEX) aggregator that operates on the Ethereum blockchain and other prominent blockchain ecosystems. It sources liquidity from various exchanges and can split a single trade transaction across multiple DEXs to provide users with the best possible trading rates.
How does 1inch work?
1inch utilises the Pathfinder algorithm to identify optimal trading paths across over 400 liquidity sources on multiple blockchains, ensuring users get the best rates. By aggregating liquidity from multiple DEXs, 1inch eliminates the need for manual price comparison. It uses smart contract technology to facilitate secure and efficient trade execution across these platforms.
What are the potential use cases for 1inch?
1inch offers various use cases primarily in the decentralised finance (DeFi) sector, including the 1inch dApp for token swaps, 1inch Wallet for asset management, 1inch Portfolio for tracking crypto asset performance, and the 1inch Card for digital asset transactions. It also provides solutions in Web3 operations and financial services such as peer-to-peer payments.
What is the history of 1inch?
1inch was founded by Sergej Kunz and Anton Bukov in 2019, following their interest in blockchain and smart contracts. The network was birthed at the ETHGlobal hackathon in New York. Among its significant milestones, July 2020 saw the creation of 1inch Limited, and December 2020 marked the launch of the 1INCH governance token and major funding rounds. The network continues to evolve its technology with developments like the Pathfinder algorithm and Fusion mode, expanding its global user base and trading volume.
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Frequently Asked Questions (FAQs)
What is the current price of 1inch (1INCH)?
The 1inch price is $0.63274397 AUD, representing a -6.04% from the day prior.
Where is the best place to buy 1inch (1INCH) in Australia?
The best place to buy 1inch (1INCH) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell 1inch (1INCH) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of 1inch (1INCH)?
The trading volume of 1inch (1INCH) is $113.9M AUD in the last 24hrs, representing a -6.04% from the day prior.
How can I buy 1inch (1INCH)?
1inch (1INCH) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of 1inch (1INCH)?
The current market cap of 1inch (1INCH) is $874.0M AUD.
Can I convert 1inch (1INCH) to cash?
Yes - With Coinstash you can convert your 1inch (1INCH) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many 1inch (1INCH) are there?
The current circulating supply of 1inch (1INCH) is 1.4B.
Is Coinstash a safe place to buy 1inch (1INCH) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling 1inch (1INCH) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.