Why buy 1inch?
There are several compelling reasons to consider buying in 1INCH. First and foremost, it’s a pioneer in the field of decentralised finance. Launched in the summer of 2020, 1inch is the very first decentralised exchange aggregator (DEX). Its cutting-edge technology enables it to handle high trading volumes while maintaining low transaction fees, a testament to its robustness and potential.
Another key reason to buy in 1inch is the utility of its token. 1INCH is the protocol’s governance crypto, a crucial tool for expressing opinions on proposed improvements. Over the years, the protocol, born on Ethereum’s blockchain, has expanded to various networks, including the main Layer 2s (Arbitrum, Optimism, ZK Sync and Base), BNB Chain, Polygon and Avalanche. This widespread adoption underscores the value and potential of the 1INCH token.
What it is
If you buy 1inch, you should know it is an aggregator of decentralised exchanges. Thanks to its smart contract system, 1inch users can find cryptocurrencies at the lowest prices among all the DEX offers. This is an extremely useful feature in DeFi and—consequently—for anyone trading on the blockchain.
To buy 1inch, you also need to know how the project was born and who its founders are: Sergej Kunz and Anton Bukov. The protocol was created during an Ethereum development competition, the ETHglobal Hackathon in New York. In addition to blockchain know-how, the two founders have decades of experience in cybersecurity. Behind 1inch is the 1inch Labs foundation, with numerous developers working on network protocols to evolve the system.
Stay up to date with the price of 1Inch
Unlimited access to +1000 free content items
Unravel the intricate world of DeFi, NFTs, DApps, Metamask, and more. Whether you're a beginner or an expert, our Academy is your roadmap to navigating the crypto market!
Buy 1Inch in 3 steps on Young Platform
What does the Young Platform do?
Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.
Check out the Top movers
Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.