1INCH Token

What is 1INCH and how Does It Work?

1inch, developed by Sergej Kunz and Anton Bukov, originated from a New York City-based hackathon. This led to the creation of a growing DeFi product. As a decentralized exchange (DEX) aggregator, 1inch aids users in discovering more convenient trade prices for tokens by combining various pools from diverse DEXes. Its aim is to present the most efficient way of trading tokens. The 1inch Network supports the 1inch platform, with the Pathfinder discovery routing algorithm playing a crucial role. This algorithm evaluates different DEXes, including DODO and an alternative decentralized exchange (DEX), to propose ways to adjust fees and liquidity, ensuring users receive a more suitable rate. Therefore, it is essential for users to assess each service to find a more favorable price. The quotation from a decentralized exchange can differ based on the current state of the liquidity pool. Trading larger tokens may result in advantageous routing. 1inch's user-friendly interface can help simplify this complexity, making it a preferred choice for traders frequently dealing with large tokens. However, it is important to monitor liquidity across different decentralized exchanges to obtain an appropriate price quotation.

How to Buy and Store 1INCH?

To purchase 1INCH, Flooz.xyz offers a streamlined process that provides a comprehensive solution to acquire this token. With a smooth checkout and the convenience of not needing to own a wallet, Flooz.xyz makes it quick and easy to access 1INCH. All payment methods are supported, so you can choose the option that suits you best.

Flooz.xyz also offers a self-custodial web wallet that ensures seamless CAST transactions. By using Flooz web wallet, you can easily store, send, and receive tokens without any hassle. Creating a self-custodial wallet is as simple as providing your email, Google, or Apple ID - it only takes a matter of seconds. This wallet also ensures that you have full control and access over your funds at all times, thanks to the power of cryptography.

In addition to its user-friendly wallet, Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your 1INCH trades. This reliable and optimized trading experience has already attracted over 85,000 active traders on Flooz.xyz. So whether you're a beginner or an experienced trader, Flooz.xyz is the go-to platform for purchasing 1INCH smoothly and securely.

1INCH Metrics:

• Current price: $0.4153

• Market cap: $580.27 M

• All-time high: being indexed (being indexed)

• All-time low: being indexed (being indexed)

• Daily trading volume: $14.78 k