How to Buy 1inch | [The Ultimate Guide]

1inch is a decentralized, non-custodial exchange that provides liquidity. It displays prices and liquidity on multiple exchanges and helps investors to find the lowest possible rates. The system accommodates the investors’ needs and finds the best exchange rate across many platforms.

 1INCH is the platform’s native token that serves as a utility and a governance token. 1INCH token holders have the ability to vote on various parameters in the 1inch network. These include the governance reward, swap fees for liquidity protocols, price impact fee and more. 1INCH tokens can be staked on the platform to provide liquidity for 1inch liquidity pool and to earn rewards.

Continue reading to find out everything about 1inch and 1INCH tokens. Next, we will show you how to purchase 1inch cryptocurrency on top exchanges.

Let’s get right to it! 

Place to buy 1 inch

Since 1inch is amongst the world’s top 150 cryptocurrencies, 1inch tokens are listed on almost all major cryptocurrency exchanges, including:

  • Binance
  • Coinbase
  • Huobi Global
  • FTX
  • KuCoin.

All cryptocurrency exchanges offer the same process for buying 1inch tokens. Below, we’ll look into buying 1inch on Binance and Coinbase, two of the world’s most popular crypto exchanges.

How to buy 1 inch on Binance

Binance is the world’s largest crypto exchange in terms of trading volume. The exchange has low fees, high liquidity, and a lively Peer-to–Peer (P2P), platform. You can purchase 1inch from Binance by following the steps below. 

Register for a BinanceAccount

Binance homepage
Homepage of Binance

To purchase cryptocurrency on Binance, you must create an account if you don’t already have one. Creating a user account on Binance is simple – you must enter a valid email address and provide a phone number to set up two-factor authentication. Once you have created a strong password, your Binance account is activated. 

You must submit a government-issued photo ID to verify your identity and undergo facial verification in order to use all the Binance features. The entire process takes only a few minutes, and you’re all set to buy 1inch tokens upon completion.

You can deposit funds

For 1 inch you can buy crypto by depositing it directly to your Binance account. BTC (BUSD), USDT, and BTC are all trading pairs available for 1INCH tokens. Binance accepts fiat currencies as well as bank deposits, debit/credit card, Simplex, and other payment options such as bank transfers from your account and bank deposit. You should verify the fees before purchasing crypto using any of these methods.

Buy 1inch Tokens

Once you’ve deposited the required amount of funds, the next and final step is to buy 1INCH tokens. 

  • Search for 1INCH in the Markets. 
  • Select one of the following trading pairs to purchase 1inch: 1INCH/BUSD or 1INCH/BTC. 
  • Click on the Buy 1INCH button and enter how many 1inch tokens are you looking to purchase. 
  • Your spot wallet will reflect your 1INCH tokens purchased. 
Binance trade 1inch
Binance Trade 1inches/BUSD

Be aware that US users must use, which isn’t available in all US states. 

Coinbase: 1 inch

Coinbase, the US’s largest cryptocurrency exchange and second in transaction volume after Binance is Coinbase.  Coinbase’s strong security and 24 hour customer service has attracted new users. You can purchase crypto through the exchange via bank transfers, credit/debit or wire transfers. These steps will help you buy 1 inch tokens from Coinbase.

Register for a Coinbase account

The first thing you need to do is create a Coinbase Account. You will need to enter an email address and phone number in order to create an account on Coinbase. Coinbase follows Anti-Money Laundering regulations and KYC. In line with the regulations, Coinbase users must verify their identities by submitting a government-issued passport, driver’s license, or national identity card.
The verification process usually takes only a few minutes, and once it’s completed, you can start trading cryptocurrencies on the platform.

Coinbase Signup Page
Coinbase signup page

Pay by Add

Coinbase allows you to fund your account with a range of options. You can use your debit card, bank account or PayPal accounts, as well as wire and wire transfers depending on where you are located.

For small purchases and for larger amounts of money, Coinbase accounts can be funded with debit cards. Wire transfers, however, are better for transactions exceeding $25,000. Be aware of the deposit methods’ fees and restrictions before making a choice. By transferring cryptocurrencies to your Coinbase wallet, you can fund your account with cryptocurrencies. The Coinbase fees are confusing and there may be variations depending on where you live.

You can’t deposit dollars to Coinbase, but you can buy Bitcoin worth the amount you want to deposit and then trade Bitcoin for 1inch instead.

Purchase 1 inch

Click on “Buy and Sell” on and enter the search term 1 inch. You’ll see a chart, the asset’s brief description, and other metrics like its market cap, transaction volume over 24 hours, total supply, etc.

Scroll down to submit a buy order for 1INCH tokens, input the amount used to purchase 1inch, and Coinbase’s algorithm will automatically calculate the number of tokens you’ll get based on its current trading value.

Be sure to double-check your details and then click on the “Submit” button. The order will be sent immediately after submission. 

Coinbase makes it possible to exchange your cryptos for 1INCH tokens. To convert your cryptocurrencies, users should go to the order page and click the button. Choose the currency that you would like to trade for 1inch and then enter US dollars. Click submit to confirm the details. 

Congratulations! You’ve successfully purchased 1INCH tokens, and they’ll reflect in your Coinbase account.

Storing Your Tokens

Crypto exchanges let you trade crypto currencies using their wallets. Experts recommend keeping your valuable coins out of exchange wallets. 

It is highly recommended that you create a personal wallet using your unique set of keys. Depending on what your investment preferences are, you might decide between a software or hardware wallet.

Software wallets

If you’re looking to trade 1inch regularly, software or hot wallets provided by your selected crypto exchange will suit you. Software wallets’ strength lies in their versatility and ease-of-use. Software wallets are the easiest to set up and allow you to interact with many decentralized finance applications (DeFi). However, these wallets are vulnerable to security leaks because they’re hosted online. If you wish to store your private keys in software wallets, do some research to ensure security. As an additional layer of security, we recommend that you use a platform with 2-factor authentication.
Among the best software wallets are MetaMask and CoinStats Wallet. Trust Wallet, Trust Wallet and Edge Wallet are also good choices.

CoinStats wallet
CoinStats wallet

Hardware wallets

Because they provide offline storage and significantly reduce the risk of hacking, cold wallets or hardware are often the best way to keep your cryptocurrency safe. You can lock them with a pin, and they will wipe out all data after multiple failed attempts to prevent physical theft. You can also sign and verify transactions using a hardware wallet, which gives you extra protection from cyberattacks. They are best for those who have a lot of tokens and are experienced.
The most secure and reliable hardware wallets, Ledger Hardware wallets allow you to securely manage all your digital assets. The Nano X is designed for advanced users and offers more storage space and advanced features than Ledger Nano S,  designed for crypto beginners.

A hardware wallet is more expensive than a hot wallet, with prices ranging between  $50 – $200.

Trezor Model T and Ledger Nano X are examples of cold wallets. 

Tracking Your Tokens

If you have multiple assets, managing your portfolio can be difficult because the crypto market can fluctuate. You can track all your investments and 1INCH tokens from one place by using a portfolio tracker. CoinStatsOne of the top crypto portfolio trackers available on the market. Find out more Here

On CoinStats, you can monitor 1inch’s profit, loss and liquidity across multiple exchanges.

CoinStats is compatible with over 250 cryptocurrency exchanges as well as over 7,000 different cryptocurrencies. The site offers advanced search capabilities, charting and analytical tools as well as up-to-date information. This allows you to link unlimited numbers of portfolios, including exchanges and wallets.

  • Binance
  • MetaMask
  • Trust your wallet
  • Coinbase
  • Kraken
  • Kucoin
  • Bitstamp, 500 other. 

Connect to CoinStats Portfolio tracker by:

  • Click on Add Portfolio to Connect Your Wallet.
  • To connect to an Ethereum Wallet wallet, click the button.
  • Enter the wallet address, and then press submit.

Now that you know how to buy, store, and track your 1INCH tokens, let’s look into the 1inch network and explore why buying 1inch tokens is a good investment. 

1inch History

1inch exchange was created by Sergey Kunz and Anton Bukov, now the platform’s CEO and CTO. Their first decentralized exchange was Mooniswap, which they created as a variant of UniSwap. After that, they switched to their own liquidity protocol and established the 1inch DEX.

The 2020 Seed Round was launched by the executive team, which raised over $2.8 Million from Binance Labs. Another $12 Million came in the second round of funding led by Pantera Capital.

What Is 1inch Network?

1inch, a DEX aggregator (decentralized exchange), aims at finding the most efficient trading routes among leading decentralized platforms. It saves users’ money by finding the best prices and fastest transactions stored on the Ethereum blockchain and facilitated without an intermediary.

Oneinch Network uses the Pathfinder API as a routing algorithm to identify the best trading path across multiple markets for a token exchange. Gas fees are also taken into consideration.

The 1inch liquidity protocol supplies liquidity to three blockchains: Ethereum (Binance Smart Chains), Polygon (Polygon), and Binance Smart Chains (Ethereum). You can read more about the 1inch protocol and how it works in our detailed “Review of 1inch.”

1.inch Token Prices and Tokenomics

1INCH token is the native governance, utility, and token of 1inch protocol. It was launched on December 25, 2020. You can check the current 1INCH token price at CoinStats. 1-inch Price.

1.55 billion 1INCH tokens are available according to 1inch’s website. 30% of the total supply will go to community incentive programs, 14.5% is reserved for the network’s growth and development, and the remaining tokens are controlled by the DAO and distributed to backers and core contributors.

1inch price data at CoinStats
CoinStats: 1 inch price data

On October 21, 2021, the 1 inch token hit an all-time record price of USD 7.86. Since then it has dropped more than 90%.


Oneinch exchange is unique because it allows investors to compare exchange rates from multiple platforms. By participating in liquidity mining or providing liquidity for the 1inch pool, you can earn 1INCH tokens. If you want to learn about decentralized finance and how to make the most of it, read our guide “What exactly is deFi?.”

Disclaimer: Information on this site is for informational purposes only. CoinStats does not recommend that you buy, sell or keep any security, financial product or instrument. Nor does it provide investment advice, advice financial, trading advice or other types of advice. It is not an endorsement of a specific investment strategy.

Cryptocurrencies are speculative, complex, and involve significant risks – they are highly volatile and sensitive to secondary activity. Past performance does not guarantee future results. Performance can be unpredictable. Before you rely on the information, it is important to consider your personal circumstances. Cryptocurrency is a highly volatile market, do your independent research and verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators’ websites before making any decision.

CFD trading, stock and cryptocurrency trading can present significant risk. Before making an investment, you should carefully consider your personal circumstances.

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