1inch exchange is a decentralized exchange that allows users to trade cryptocurrencies and digital assets in a secure and decentralized manner. In order to use 1inch exchange, you need a wallet that supports decentralized trading. One such wallet is the popular Trust Wallet. In this article, we will show you how to use 1inch exchange with Trust Wallet.
Step 1: Install Trust Wallet on your device
The first step is to download and install Trust Wallet on your device. Trust Wallet is available for both iOS and Android devices. Once you have installed the app, create a new wallet or import an existing one.
Step 2: Connect your Trust Wallet to 1inch Exchange
To connect your Trust Wallet to 1inch exchange, go to the 1inch exchange website and click on the “Connect Wallet” button. Then select the “Trust Wallet” option. A pop-up window will appear asking you to grant access to your Trust Wallet. Once you grant access, you will be redirected back to the 1inch exchange platform.
Step 3: Select the assets you want to trade
Once you are connected to 1inch exchange, you can select the assets you want to trade. 1inch exchange supports a wide range of cryptocurrencies, including but not limited to Ethereum (ETH), Bitcoin (BTC), Chainlink (LINK), and Binance Coin (BNB). To start trading, simply select the assets you want to trade, and the platform will provide you with the latest market information and trading options.
Step 4: Place a trade
Once you have selected the assets you want to trade, you can place a trade by clicking on the “Exchange” button. You will then be asked to provide the details of your trade, including the amount you want to trade, the price you are willing to pay, and the type of order you want to place (e.g. limit order or market order).
Step 5: Review and confirm your trade
Before you confirm your trade, it is important to review the details of your trade. This includes the assets you are trading, the price you are paying, and the amount of gas fees you will incur. If everything looks good, you can confirm your trade by clicking on the “Confirm” button.
Step 6: Track your trade
Once you have confirmed your trade, you can track its progress by clicking on the “Orders” tab. Here you will be able to see the status of your trade, including the current price of the assets you are trading and any relevant trade details.
In conclusion, using 1inch exchange with Trust Wallet is a secure and efficient way to trade cryptocurrencies and digital assets. With Trust Wallet’s user-friendly interface and 1inch exchange’s advanced trading platform, you can easily trade, manage, and track your digital assets.