Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy 1inch. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx

1inch

Australia has a good number of trusted and regulated crypto exchanges, so it’s quite easy finding an exchange that has 1inch. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.

Let’s get into it!

How to Buy 1inch in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy 1inch

1. Choose a crypto exchange

As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has 1inch in its list of cryptocurrencies.

Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.

And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.

So for this guide on buying 1inch, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer 1inch.

Alternatively, if you want to learn more about the exchanges we like, check our list of the best crypto brokers.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.

Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.

Once done, it’s time for the next step.

3. Funding your account with AUD

To buy 1inch, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.

Swyftx Deposit Methods

4. Buy 1inch

The final step is to go to their asset list, find 1inch, navigate to the buy section, and then trade your AUD for some 1INCH. Once you’ve bought 1inch, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.

Where to Buy 1inch (1INCH)

ExchangeRatingCryptocurrenciesSite
Swyftx logo5/5300+ cryptocurrenciesVisit Swyftx
CoinSpot logo4/5200+ cryptocurrenciesVisit Coinspot
binance logo3/5400+ cryptocurrenciesVisit Binance

Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.

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How to Sell 1inch

If you’re thinking about selling 1inch, just follow the steps below.

  1. Sign in to the crypto trading platform (like Swyftx).
  2. Click on 1inch in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell 1inch for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying 1inch in Australia legal?

Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.

How to buy 1inch with PayPal?

Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find 1inch. Have a look on their site first, you might be lucky.

How to buy 1inch with a credit card or debit card?

Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy 1inch with your credit/debit card.

About 1inch

The 1inch Network is a combination of decentralized protocols. This combination allows for the most lucrative and protected operations in DeFi.

1inch Network's initial protocol, a DEX (decentralized exchange), is an aggregator that searches deals across multiple liquidity sources. This allows users to get better rates than any other exchange. 1inch Aggregation Protocol employs the Pathfinder algorithm, which finds the best routes through more than 70+ liquidity sources on Ethereum, 40+ liquidity supply on Binance Smartchain and 20+ liquidity source from Polygon. It also contains 40+ liquidity sources on Polygon and 20+ liquidity source for Polygon. It has been in operation for only two years. The aggregater 1 inch DEX already exceeds $120B in total volume.

The 1inch Liquidity protocol protects users from front-running attacks. It offers liquidity providers attractive opportunities.

The 1inch Limit Order Protocol offers the most innovative and flexible limit order swap options in DeFi. The protocol includes dynamic pricing, conditional orders, and additional RFQ support. They can also be used to power auctions, stop loss orders, and trailing stop orders.

1inch Wallet is a multichain mobile platform that provides an intuitive interface, secure storing and transaction, staking, as well as storage and transaction security. This multifunctional wallet is designed to make it easy to use the 1inch features.

1INCH is the governance token of 1inch Network and can be used to vote on protocol parameters in decentralized autonomous organisations (DAO) models.

Binance Labs and Galaxy Digital provided $2.8 million funding for 1inch in August 2020.

Pantera Capital led 1inch along with other investors such as ParaFi Capital, Blockchain Capital and Spartan Group. In December 2020, 1inch raised $12 million in Series B funding. The funding round was made possible by the SAFT (simple agreement for future tokens sale).

Amber Group was the lead investor in 1inch's $175 Million Series A round, which took place December 2021. Jane Street, VanEck, and Fenbushi Capital were just a few of the 50 investors that participated in this financing event.

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