Discover how to buy 1inch (1INCH) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
1inch (1INCH) is currently at
$0.14160
-$0.00230 (-1.62%)
Last updated on --.
How can I buy 1inch on OKX?
Whether you're new to crypto or an experienced trader, you can buy 1inch using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose 1inch
Select 1inch and buy using your chosen method.
Step four
Receive your 1inch
Confirm your purchase and store your 1inch in your portfolio.
What's 1inch?
1inch is like a smart helper for finding the best deals when swapping cryptocurrencies. Imagine you want to trade your toy for another, but you want the best trade possible. 1inch helps by searching many places to find the best swap for you. It exists to make sure you get the most value when exchanging tokens, solving the problem of finding the best price across different platforms.
How can I buy 1inch?
1) Create an account on OKX by visiting the website and clicking 'Sign Up'. 2) Verify your identity with required documents. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the 'Buy Crypto' section, select 1inch, and enter the amount you wish to purchase. 5) Confirm your order and complete the transaction.
Why do people buy 1inch?
People buy 1inch because it helps them get better deals when swapping tokens. It’s useful for those who frequently trade cryptocurrencies and want to save money. 1inch is widely adopted in the crypto ecosystem, making it a practical tool for efficient trading. It’s not about making money but about optimizing your trades and participating in a growing network.
Things to know before buying 1inch in the United States
In the United States, cryptocurrencies like 1inch are legal, but you must comply with KYC and AML regulations, meaning you’ll need to verify your identity. Tax implications include reporting capital gains if you sell 1inch for more than you bought it. Income from staking or rewards may also be taxable. Always consult a tax professional for detailed advice.
What are other ways to own 1inch?
You can obtain 1inch through airdrops, where tokens are given for free during promotions. Participate in Learn-and-Earn programs to earn tokens by completing educational tasks. Staking or providing liquidity in certain pools can reward you with 1inch. Task-based programs, like referrals, may also offer 1inch as a reward. Each method requires effort and understanding of risks involved.
How can I store my 1inch?
To keep your 1inch safe, consider storage options. Custodial wallets are easy but trust a third party, while non-custodial wallets give you full control. Hot wallets are convenient for frequent use but less secure than cold wallets, which are offline. Always back up your wallet, keep recovery phrases safe, and understand proof of reserves to ensure your assets are protected.
Why should I buy 1inch on OKX?
Learn more about the security measures keeping your 1inch safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy 1inch (1INCH)
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How to get 1inch for free
Invite friends, earn rewards
See how you can get free 1inch when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your 1inch grow, for free. Put your crypto to work, 24/7.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade 1inch
Take advantage of price fluctuations and trade your 1inch for other cryptocurrencies.
Send 1inch
Send your 1inch anywhere, anytime with fast, low-cost transfers.
Spend 1inch
Use your 1inch to pay for goods, services, and experiences seamlessly.
Hold 1inch
If you think your 1inch will increase in value, you can hold onto it.
Sell 1inch
Convert your 1inch to cash quickly and securely.
How to buy 1inch (1INCH) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy 1inch 1INCH safely on a trusted exchange like OKX.
Choose the best exchange to buy 1inch (1INCH) depending on your individual needs. Factors to consider when picking the best place to buy 1inch (1INCH) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping 1inch. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell 1inch (1INCH), as well as fiat withdrawal options.
This depends on the method you use to convert 1inch (1INCH) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.