1inch (1INCH) Price Tops $3.77 on Top Exchanges

1inch (1INCH) traded flat against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on April 11th. One 1inch coin can currently be purchased for approximately $3.77 or 0.00005887 BTC on exchanges. During the last seven days, 1inch has traded flat against the U.S. dollar. 1inch has a market capitalization of $679.44 million and approximately $451.09 million worth of 1inch was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

  • Binance USD (BUSD) traded down 0.1% against the dollar and now trades at $1.00 or 0.00002410 BTC.
  • Polygon (MATIC) traded 5.7% lower against the dollar and now trades at $1.37 or 0.00003296 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00002408 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Chainlink (LINK) traded down 6.5% against the dollar and now trades at $14.31 or 0.00034475 BTC.
  • FTX Token (FTT) traded down 4.9% against the dollar and now trades at $43.28 or 0.00104267 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.

About 1inch

1inch (CRYPTO:1INCH) is a coin. It launched on August 1st, 2020. 1inch’s total supply is 1,500,000,000 coins and its circulating supply is 180,362,122 coins. 1inch’s official website is 1inch.io. The Reddit community for 1inch is /r/1inch/ and the currency’s Github account can be viewed here. 1inch’s official Twitter account is @1inch and its Facebook page is accessible here.

According to CryptoCompare, “The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest, and protected operations in the DeFi space. 

The 1inch Network’s first protocol is a decentralized exchange (DEX) aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. The 1inch Aggregation Protocol incorporates the Pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum. In just over two years of operation, the 1inch Aggregation Protocol surpassed $90 bln in overall trading volume on the Ethereum network alone. 

The 1inch Liquidity Protocol is a next-generation automated market maker (AMM) that protects users from front-running attacks and offers attractive opportunities to liquidity providers. 

The 1inch Limit Order Protocol facilitates the most innovative and flexible limit order swap opportunities in DeFi. The protocol’s features, such as dynamic pricing, conditional orders, and extra RFQ support, power various implementations, including stop-loss and trailing stop orders, as well as auctions. 

The 1inch Wallet is a multichain mobile platform that provides an easy-to-navigate interface with secure storing, transaction, and staking capabilities. This versatile wallet was built from the ground up to streamline interacting with 1inch’s features.

The 1inch Network’s governance token 1INCH is used to vote on protocol parameters under the decentralized autonomous organization (DAO) model.”

Buying and Selling 1inch

It is usually not presently possible to buy alternative cryptocurrencies such as 1inch directly using US dollars. Investors seeking to acquire 1inch should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy 1inch using one of the aforementioned exchanges.

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