Where & How to Buy 1inch Network (1INCH) for Beginners in 2025

Use our step-by-step guide to learn how and where to buy 1inch Network on 5+ highly rated crypto platforms.
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Updated on Oct 10, 2024
Reading time 2 minutes

1inch Network coins are available buy via a cryptocurrency exchange, which functions similar to a stock trading platform. It takes just a few minutes to buy 1inch Network this way. Follow our quick step guide below.

How to buy 1inch Network quickly in 3 steps

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To buy 1inch Network you need a smartphone or a computer and an internet connection. It takes 10-15 minutes the first time and you should have some photo ID to hand. Here’s how to do it.

Step 1. Sign up to a crypto platform

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Sign up to one of the best crypto platforms to start trading. Alternatively, there are several other options to select from below. Anyway, create an account and supply a copy of your photo ID for verification.

We found 8 crypto platforms for users based in

Kraken review
4.0
Kraken
Min. Deposit $10
Fees 0.10% – 0.26%
No. assets 200+
Demo account Yes

Kraken review

Uphold review
4.3
Uphold
Min. Deposit $1
Fees $0.99
No. assets 250+
Demo account Yes

Uphold review

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

KuCoin review
4.2
KuCoin
Min. Deposit n/a
Fees
No. assets n/a
Demo account No

KuCoin review

Step 2. Make a deposit

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Add funds via a card payment, bank transfer or an alternative payment method. You can start with as little as $100 on most services.

Step 3. Buy 1inch Network token

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Locate the search box and type 1INCH. Once you locate the coin trading page, enter how much money you want to spend and hit ‘trade now’.

Now you own 1inch Network tokens! Not a big deal, right?

Where to buy 1INCH easily

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The overall best platform to buy 1inch Network for beginners is Kraken .

Here are the top five places to buy 1inch Network, ranked according to their simplicity for beginners, fees, customer reviews, and safety ratings.

  1. Kraken: Best for simple, global cryptocurrency trading from your phone
  2. Uphold: Best for building long term wealth
  3. KuCoin: Best social trading altcoin exchange
  4. Paybis: Best crypto platform for choice of payment methods
  5. OKX: Best for futures and margin trading

Read more about how we rate, rank and review platforms.

Best exchanges to buy 1inch Network (1INCH), reviewed

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We found 8 crypto platforms for users based in

1. Kraken: Best for simple, global cryptocurrency trading from your phone

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4
Ratings

$10

Min. deposit

0.10% – 0.26% (volume dependent)

Fees

200

No. assets

Yes

Demo account

Overview

We love Kraken because it’s a beginner-friendly crypto trading platform, one that’s designed to make it quick and convenient to buy and sell crypto on the go. The Kraken mobile app provides access to over 200 cryptocurrencies making it one of the most diverse platforms around. 

With an intuitive interface and many advanced features, the Kraken crypto app is suitable for those just starting, or experienced traders wanting to enhance their trading experience. The Kraken mobile app caters to different trading styles and preferences with spot, margin, and futures all available. 

Kraken’s mobile app also supports up to 5:1 leverage allowing you to amplify your position and potentially increase your returns. With such a wide selection of tokens available and a solid range of features and tools, the Kraken app is one of the top cryptocurrency trading platforms while on the go. 

The fees: Kraken charges a fee of between 0-0.26% on every crypto trade. There are no costs to set up an account and no flat trading fees.

Highlights

Fees & Costs

Pros & Cons

2. Uphold. Best for building long term wealth

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4
Ratings

$1

Min. deposit

$0.99

Fees

300

No. assets

Yes

Demo account

Overview

We love Uphold because it’s a regulated and transparent digital asset platform. Uphold is an excellent platform for discovering important new tokens early, making it ideal for investors looking to get in on the ground floor of emerging cryptocurrencies. 

Uphold offers a broad selection of coins, with over 250 tokens available catering to both seasoned and novice crypto traders. The platform regularly adds new assets allowing users to invest in promising projects before they gain mainstream attention. 

Uphold isn’t just a platform for investing early. One of the main advantages of using Uphold is its transparent and competitive fee structure. The platform does not charge for deposits or withdrawals, and trading fees are clearly stated. You can also trade between different asset classes including fiat currencies. 

The fees: Crypto spreads start from 0.9% and are usually lower than 1.3% for BTC and ETH. Other cryptocurrency spreads are higher. Average spreads on fiat currency are 0.2%. There is a $0.99 fee for transactions under $100 made with the Uphold card.

Highlights

Fees & Costs

Pros & Cons

Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.

3. KuCoin. Best social trading altcoin exchange

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4
Ratings

€-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love KuCoin because it’s a great place for beginners to trade more than 700 altcoins. Kucoin offers a vast range of cryptocurrencies including all the big names like Bitcoin and Ethereum, together with hundreds of altcoins and newly released tokens. 

The exchange gives you multiple ways to trade and invest in crypto, including spot trading, futures trading, margin trading, and staking. This choice allows you to choose the method that best suits your trading strategies and risk tolerance. 

Kucoin is a top platform for both beginners and experienced traders. Its intuitive interface is easy to get to grips with and its advanced trading features mean even high volume traders can make use of it. Kucoin also offers an earn feature, where you can generate passive income through staking and lending, making it one of the best all round crypto exchanges. 

The fees: Trading fees are charged on a sliding scale. Fees are 0.1% on trading volumes below 50 BTC in a 30 day period. Discounts are available if you pay fees in KCS or store more than 1000 KCS in your account.

Highlights

Pros & Cons

4. Paybis. Best crypto platform for choice of payment methods

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Paybis_logo
4
Ratings

$4

Min. deposit

Variable

Fees

90

No. assets

No

Demo account

Overview

We love Paybis because it is one of the simplest crypto platforms to use, making it ideal for both beginners and experienced traders. The intuitive interface makes the process of buying and selling cryptocurrencies smooth, fast, and hassle-free. 

Paybis offers a good selection of coins to buy and sell including popular options like Bitcoin and Ethereum, as well as many altcoins. With such a wide range of tokens, you’ll be able to diversify your portfolio and take advantage of market opportunities very quickly. 

One of the best features of Paybis is its selection of payment options. Not only can you buy Bitcoin with a credit or debit card using USD, but you can also choose from several payment apps and digital wallets. 

The fees: How much you will pay will depend on the payment option you use. Paybis provides detailed information on the types of fees applied. You can expect competitive rates, with clear outlines of transaction and network fees, before buying or selling.

Highlights

Fees & Costs

Pros & Cons

5. OKX. Best for futures and margin trading

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4
Ratings

$-

Min. deposit

Fees

No. assets

No

Demo account

Overview

We love OKX because it’s an adaptable and flexible exchange, with an app that’s available in three different versions depending on how you trade. Choose from the beginner-friendly Lite version, Web3 option for NFT traders, or the Pro version for a plethora of trading tools. 

From an app or desktop you can trade 350+ crypto coins on one of the world’s top crypto exchanges. You can fund your account easily, through a variety of simple payment methods, and a sliding scale of fees that means you can access discounts by holding the OKB token or trading high volumes.

The fees: Regular users pay a 0.1% fee on spot crypto trades. OKB crypto holders are entitled to a discount, up to 0.02% off for holding more than 2,000 coins. High volume traders are also entitled to a discount, with the cheapest fees available for traders with a 30 day trading volume above $10,000,000,000.

Highlights

Pros & Cons

How to trade 1INCH

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You can trade 1inch Network on a cryptocurrency exchange using a few simple steps. Here’s a quick example that clearly lays out how 1INCH crypto trading works:

  1. Monitor the price: For simplicity, let’s say the price of 1INCH/USDT is $1. You read the price charts and decide that now is a good time to start purchasing 1INCH.
  2. Open a trade: You trade one USDT for one 1INCH ($1 USD for 1 1INCH).
  3. Continue to monitor the price: The following month, one 1INCH token is now worth $2, a 100% increase.
  4. Close your trade: You trade your 1INCH token back to USDT for $2.

In this example, you buy and sell 1inch Network, doubling your money (trading). While the steps are simple, executing them in a profitable way is not so easy. You need to spend countless hours learning to trade, reading charts, technical patterns, and understanding markets and margin trading; which you can do right here on Invezz.com.

What is the best way to pay for 1inch Network (1INCH)?

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The simplest way to buy 1inch Network cryptocurrency is with your bank card. However, there are plenty of other options as well. Here are some of the top ways to pay for 1INCH.

  • Buy 1inch Network with a credit card or debit card. Card payments are convenient and instantaneous but you may have to pay a higher fee to make a deposit this way. Binance charges 1.8% for a card deposit and some platforms charge as much as 4%.
  • Buy 1inch Network with bank transfer. A bank transfer is usually the cheapest way to buy crypto. Crypto platforms like Crypto.com and Coinbase do not charge for bank transfer deposits, while Binance only charges a $1 fee, and these transactions are more or less instant as they run through the Automated Clearing House (ACH) in the US, Faster Payments System (FPS) in the UK, or Single Euro Payments Area (SEPA) in Europe.
  • Alternative payment methods. Crypto brokers often let you pay with other providers or money transfer services, like Neteller, Venmo, or Payoneer. The options vary by broker, though, so check what’s accepted before you sign up.

How do I store 1inch Network (1INCH)?

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Most people keep their crypto on the exchange they used to buy it. If you only plan to hold onto it for a little while then that’s a perfectly acceptable option. If you want to hold it for years or you own a lot of 1inch Network then you should move it to a crypto wallet.

A crypto exchange is similar to a bank account, in that it means trusting a company to protect your funds for you. A wallet is like your personal wallet, or a safe, where you take responsibility for it yourself. Two of the best 1inch Network wallets to use are MetaMask and the Ledger Nano S.

Is now a good time to buy 1inch Network?

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The answer depends on the current price and your own investment goals. Put simply, buying 1inch Network, selling 1inch Network, and trading 1INCH are all the exact same process in literal terms. It’s really just your personal investing intentions that defines whether ‘now’ is a good time to invest or not.

  • If you’re a trader: as a cryptocurrency trader, your goal is to make money trading regularly. What do we mean by regularly? Hourly, daily, weekly. Traders buy and sell a coin quickly to secure their profit (or to avoid a loss). They don’t #HODL a coin long term in the hopes of larger profits. In this sense, any time is a good time to trade 1inch Network.
  • As a long-term investor: a long term investor is not concerned if the price is up or down 10% on any given day. Rather, they care that the price of the native token is overall up months or years later, when they’re ready to sell that investment. So if you’re a firm believer in the foundations of 1INCH, then a good time to purchase 1inch Network is on any major dip.

In our experience, most newcomers to the crypto market sit between the two. You don’t want to wait several years for a return, but buying 1inch Network and selling it the next day probably isn’t why you’re here either.

How has 1inch Network (1INCH) performed this year?

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The current 1inch Network price today is $0.26, which is -96.70% versus its all time high of $7.87, which it reached on 08 May 2021. 1INCH is -38.68% this year, with a 52 week high of $0.70 and a 52 week low of $0.21. 

Regardless, closely following 1inch Network price news & analysis will help you decide when to pull the trigger.

Is 1inch Network (1INCH) a good investment?

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Whether it’s good for you depends on your goals and the fundamentals of the project. Here are some key features of the 1inch Network and its token to help you decide whether to invest in 1INCH in 2025.

  • Dynamic pricing features. The 1inch Network automatically compares the prices from lots of different liquidity providers to find the best value trade. If it finds that the best option is to split the order up into smaller parts, then it will do so to create the most efficient swapping routes and offer a more competitive rate than other platforms.
  • 1inch token holders can earn staking rewards. Holding 1INCH means you can earn staking rewards. These are paid out to holders who contribute their 1INCH tokens to ‘liquidity mining programs’, which help the network run efficiently by providing the capital to make and take trades.
  • Lots of competition from other DEXs. While 1inch Network’s method of splitting up orders into smaller parts is quite unique, there are lots of other decentralised exchanges competing for the same users. For the 1inch token to rise in price, it needs to attract users away from the likes of Uniswap, PancakeSwap, dYdx, and Curve.
  • Limited total supply of tokens. The 1inch token supply is controlled by its DAO (decentralised autonomous organisation). The total token supply is fixed at 1.5 billion and is gradually being unlocked through to December 2024. Not all of the tokens are being released into the circulating supply, however: 14.5% will be kept back for a development fund and 30% is for incentive programs. 

Use this quick summary of pros and cons to compare 1inch with other, similar projects.

Pros

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  • Earn rewards for holding and staking 1INCH
  • 1inch Network has never been breached or hacked
  • No additional fees for using 1inch Network
  • Constant software development to improve the 1inch Network

Cons

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Ultimately, many different factors play into the answer. Cryptocurrency is inherently volatile but you can reduce the risks by investing in quality projects that provide value to the community.

FAQs

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01

Where can I buy 1inch (1INCH) tokens?

02

What do I need to buy 1INCH?

03

Is 1inch on Coinbase?

04

Is 1inch on Binance?

05

Is 1inch on eToro?

06

What is the best wallet to store 1INCH?


Sources & references

James Knight

James Knight

Editor of Education

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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets. His main focus is on improving financial literacy among casual investors. He has been with Invezz since the start of 2021 and has been...