What is 1inch?
1inch is a decentralized exchange aggregator and automated market maker (AMM) on the Ethereum network. It allows users to find the best prices and swap tokens across various decentralized exchanges (DEXs).
Revolut and 1inch Partnership
Revolut, the popular fintech app, has integrated 1inch into its platform, providing its users with access to the 1inch network. This partnership enables Revolut users to buy and trade cryptocurrencies easily at the best available prices.
How to Buy Crypto with Revolut
To buy crypto using Revolt and 1inch, follow these steps:
- Open the Revolut app on your device.
- Navigate to the “Crypto” section.
- Select the cryptocurrency you wish to buy.
- Choose the amount of crypto you want to purchase.
- Confirm the transaction.
- Revolut will execute the trade on the 1inch exchange network to ensure you get the best possible price.
How to Send Crypto with Revolut
If you want to send crypto to someone using Revolut, the process is straightforward:
- Open the Revolut app on your device.
- Navigate to the “Crypto” section.
- Select the cryptocurrency you want to send.
- Tap on the “Send” button.
- Enter the recipient’s wallet address.
- Confirm the transaction.
- Revolut will use the 1inch network to facilitate the transfer securely and efficiently.
Benefits of Using 1inch on Revolut
By using 1inch on Revolut, you can enjoy several advantages:
- Access to a wide range of cryptocurrencies.
- Best available prices by leveraging the 1inch network.
- Easy and user-friendly interface on the Revolut app.
- Secure and reliable transactions.
- Ability to send crypto to anyone with just a few taps.
Conclusion
With the partnership between Revolut and 1inch, users can conveniently buy and send cryptocurrencies directly from the Revolut app. Whether you are new to crypto or an experienced trader, utilizing 1inch on Revolut provides you with a seamless and efficient way to access the world of decentralized finance.