Young Platform

1inch (1INCH) lands on Young Platform Pro!

AP
Anna Perozzi

2 min

Immagine Articolo Default

You can now buy, sell and store 1inch on Young Platform Pro!

What is 1inch?

1inch is a decentralised exchange aggregator, which is a kind of search engine that finds the lowest cryptocurrency prices to enable convenient trades for traders.

1inch also offers a yield farming feature, that allows to stake cryptocurrencies and receive regular rewards.

1inch is backed by a Foundation and its network is governed by a DAO, which is a fully decentralised and automated organisation.

 

How does 1INCH work?

1INCH is the governance token, which means that by staking your 1INCH tokens you can participate in votes regarding the functioning of the network. In addition, it can be used in Yield farming features to obtain regular rewards.

 

Why has Young Platform decided to list it?

1inch is one of those projects that the DeFi industry has been waiting for and needs. It is the first decentralised exchange aggregator on the market and offers state-of-the-art functionalities.

 

Available pairs?

On Young Platform Pro you can buy and sell 1inch with the following pair:

  • 1INCH/USDT

 

Want to know more?

Read our article on 1inch on the Young Academy!

 

This content constitutes a marketing communication pursuant to Article 7 of Regulation (EU) 2023/1114 (MiCAR) and does not constitute: (i) advice on crypto-assets under Article 80 MiCAR; (ii) portfolio management under Article 81 MiCAR; (iii) a personalised recommendation. Crypto-assets are subject to the risks described in the General Risk Disclosure; they involve a significant risk of losing up to the entirety of the capital invested. Users are invited to conduct independent and informed assessments, consulting the Terms and Conditions and, where appropriate, seeking advice from a qualified professional advisor before making any economic or financial decision. The payment account offered by Young Platform is governed by Italian Legislative Decree 11/2010 and cannot be equated to a bank current account; therefore, it does not benefit from the guarantees provided for deposits with banking institutions. Users are invited to consult the Payment Account Terms and Conditions.

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