What are the supported tokens on 1inch exchange and how to add them
1inch exchange is a decentralized exchange (DEX) that supports a wide range of cryptocurrencies, or tokens. The exchange uses a unique aggregation algorithm to provide users with the best prices and liquidity from different DEXs. In this article, we will discuss the supported tokens on 1inch exchange and how to add them to your account.
1inch exchange currently supports a wide range of tokens, including major cryptocurrencies like Bitcoin (wrapped BTC), Ethereum (ETH), and Litecoin (wrapped LTC), as well as popular ERC-20 tokens such as Uniswap (UNI), Aave (AAVE), and Chainlink (LINK). The exchange also supports stablecoins such as USDC, DAI, and USDT, which can be used to trade against other cryptocurrencies.
To add a token to your 1inch exchange account, you will first need to connect a wallet to your account. You can connect a variety of wallets, including MetaMask, WalletConnect, and Ledger. Once you have connected your wallet, you can deposit funds from your wallet to your 1inch exchange account.
Once you have funds in your account, you can start trading by selecting the token you want to trade from the trading pairs section on the trading dashboard. You can then place buy or sell orders on the order book, or use the flash swap or mooniswap feature to quickly trade your tokens.
It’s also important to note that 1inch exchange allows users to create custom tokens, by using the feature “Custom Token” in the trading dashboard. This feature allows you to add a new token to the platform, you can do this by providing the token’s address, symbol, and decimal.
In conclusion, 1inch exchange supports a wide range of tokens, including major cryptocurrencies and popular ERC-20 tokens. To add a token to your account, you will need to connect a wallet and deposit funds to your account. Once you have funds in your account, you can start trading by selecting the token you want to trade from the trading pairs section on the trading dashboard.
