Frequently asked questions

Question 1

What is 1inch Wallet?

Accepted Answer

1inch Wallet is categorized as a software wallet and hot wallet. 1inch Wallet is designed for managing multiple cryptocurrencies across various blockchains, including Ethereum and Binance Smart Chain.

Question 2

Is 1inch Wallet safe & legit?

Accepted Answer

1inch Wallet is open source and non-custodial, giving users full control over their private keys. 1inch Wallet uses solid security measures for key storage and transaction signing. To date, 1inch Wallet has not been involved in any major hacks or security breaches.

Question 3

Who created 1inch Wallet?

Accepted Answer

1inch Wallet was developed by 1inch Limited, a company founded by Anton Bukov, and Sergej Kunz.

Question 4

Where is 1inch Wallet's company based?

Accepted Answer

The company behind 1inch Wallet, 1inch Limited, is headquartered in Saint Thomas Middle Island, Saint Kitts and Nevis.

Question 5

How does 1inch Wallet work?

Accepted Answer

1inch Wallet can be used as a mobile app and browser extension to securely store private keys and interact with decentralized applications (dApps). It supports multi-chain transactions and enables users to sign and approve blockchain actions locally. 1inch Wallet also integrates easily with 1inch’s DEX aggregator services, and 1inch.

Question 6

When was 1inch Wallet launched?

Accepted Answer

1inch Wallet was released in April 27 2021.

1inch Wallet