Buy 1inch (1INCH) in UK With GBP | CoinJar

1inch

1INCH

£0.000GBP

Figures shown refer to the past. Past performance is not a reliable indicator of future results. Pricing data is provided by CoinJar.

1INCH price calculator

GBP

1INCH

Buy 1INCH

Overview

#177Popularity

DEXAsset type

2019Active since

Official site

What is 1inch?

How to buy 1inch: Why do investors like this token? In a nutshell, 1inch is like a smart shopping assistant for cryptocurrency traders. Imagine you’re shopping online, and you want to buy a product. Instead of going to just one store, you use a tool to check multiple websites to find competitive deals. 1inch does something similar but for crypto trading.

Here’s how it works.

Comparison shopping

1inch compares cryptocurrency prices across several popular exchanges in the decentralised exchange (DEX) ecosystem.

It looks at different platforms to find competitive rates for the crypto swaps you want to make.

Just like a coupon aggregator finds competitive deals for consumers, 1inch finds competitive rates for traders.

No middleman

1inch is a non-custodial exchange, which means it doesn’t hold your funds. You need a third-party wallet to use its services.

Wallets store the keys (codes) that let you control your crypto coins.

How it helps traders

If you’re trading one crypto for another (say, swapping Ethereum for Bitcoin), 1inch checks various exchanges to get you a competitive rate.

It might even split your swap across different exchanges to give you an even better deal. Plus, you can set a limit order, specifying the price you want to pay, and 1inch will execute the trade only if the currency reaches that rate.

Why would investors buy 1inch?

Best rates

Investors buy it because it finds competitive rates for their trades.

Competitive fees means possible investor returns, and the protocol helps you secure competitive fees.

No fees

Unlike some exchanges, 1inch doesn’t charge additional fees for using its services. No withdrawal or deposit fees either.

Huge range of cryptocurrencies

1inch supports a wide variety of cryptocurrencies. Whether you’re into Bitcoin, Ethereum, or lesser-known altcoins, you'll likely benefit from being involved with the platform.

Liquidity mining and staking

Token holders can use it for trading and paying gas fees.

They can also participate in liquidity mining (earning rewards by contributing to the 1inch liquidity pool) and staking.

Conclusion: Why investors buy 1inch

In summary, 1inch is like your crypto-savvy friend who always knows where to find competitive deals. It is a tool that could optimise crypto trading.

Cash, credit or crypto?

Buy 1inch using Visa or Mastercard. Get cash in your account with Faster Payments Service (FPS). Convert crypto-to-crypto with a single click.

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How to buy 1inch with CoinJar

Start your cryptocurrency portfolio with CoinJar by following these steps.

Step oneDownload the appGet the CoinJar app on iOS or Android.

Step twoCreate an accountCreate an account with CoinJar and verify your ID.

Step threeMake a purchaseBuy more than 60 cryptos using Faster Payments, SEPA, bank transfer, or a debit card.

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Frequently asked questions

What Is 1inch?

It is a decentralised exchange (DEX) aggregator. It helps crypto traders find the best rates and lowest fees by comparing prices across various exchanges in the DeFi space. Think of it as a smart shopping assistant for crypto swaps!

Standard Risk Warning The above article is not to be read as investment, legal or tax advice and it takes no account of particular personal or market circumstances;

Important Note for UK Residents: If you come across this article, remember that cryptocurrency investment is high-risk. Be prepared to lose your entire investment. No protection is guaranteed if things go wrong. Remember, this article does not constitute

There is a risk that any particular stablecoin may not hold their value as against any fiat currency; or may not hold their value as against any other asset. Stablecoins carry the following risks: Depegging events: Depegging events may occur with stableco

‘Meme coins’ (e.g. DOGE, SHIB, PEPE) are crypto-assets whose value is driven primarily by community interest and online trends. Meme coins carry the following risks: Volatility risk: Meme coins can have extreme price volatility, often experiencing rapid a

Specific risks associated with wrapped tokens CoinJar offers certain Wrapped Tokens such as Wrapped BTC (WBTC) which stems from DeFi. Pegged to the same value as Bitcoin itself, WBTC is a way of representing Bitcoin ownership on the Ethereum network (i.e

Specific risks associated with DeFi tokens Decentralised Finance (or ‘DeFi’) tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology. DeFi tokens carry the following risks:

Your information is handled in accordance with CoinJar’s .

Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service.

We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits.

CoinJar’s digital currency exchange services are operated in the UK by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).

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