As the most powerful and secure non-custodial cryptocurrency wallet in the market, the 1inch Wallet ensures users get the best experience with crypto, NFTs and dApps.
Here are the five reasons why 1inch wallet is best wallet in web3:
The 1inch Wallet provides top-level security
Blue Frost Security audits assure core data protection. An IT security company specializing in all-platform application analysis checks the 1inch Wallet for vulnerabilities in all possible areas. It includes data storage security checks, forensic controls, user input control, authentication and authorization.
Flashbot transactions prevent front-running attacks. Front-running is a common problem on DEXes, where signed transactions are waiting in mempool to be added to the block, while an attacker can set a higher gas price for a new transaction, thus placing a priority on it and preventing victims’ transaction execution. Flashbot transactions are not displayed in the mempool, thus excluding the possibility of front-running.
The 1inch Wallet is a single wallet for multiple blockchains
Multichain integration gives users a wider choice for swapping. The 1inch Wallet solves the problem of expensive network transaction fees by giving customers a choice of 10 leading blockchains: Ethereum, BNB Chain, Polygon, Avalanche, Gnosis Chain, Fantom, Optimistic Ethereum (OΞ), Arbitrum, Klaitz and Aurora.
Users can easily add and swap their custom tokens. The wallet supports hundreds of tokens across eight networks, but if a coin wanted by a user is missing, a custom token can be manually added in just five steps.
The 1inch Wallet is perfect for traders
Zero additional transaction fees make the swap more cost-efficient. When making swaps, the 1inch Wallet’s users are charged no extra fee. They only pay for the gas required for transaction completion and the fees of other DEXes (if there are some) that are already included in the proposed rate.
“Slippage tolerance” enables users to adjust allowable slippage. This handy option allows users to control the difference between expected and executed trade prices. While too low slippage tolerance may cause a trade’s failure, high slippage can result in a profit for sandwich bots that replace the victim’s transaction in order to increase its price. The 1inch Wallet’s users are protected from sandwich attacks since they have a tool to reduce their slippage tolerance, and they can also take advantage of the “Partial fill” option.
The 1inch Wallet is a fully DeFi-connected app
A built-in Web3 browser provides access to leading dApps. The 1inch Wallet is an essential part of the Web3 space experience, as it connects to all decentralized applications (dApps), where users can perform transactions directly with each other.
A news digest allows users to read the latest news right in their wallet. The 1inch Wallet boasts a built-in digest of the latest news related to DeFi and NFT, currently a unique feature among crypto wallets. Original content from the 1inch Blog and Moni Talks combines the best articles and breaking market news.
The 1inch Wallet is the easiest way to get started with crypto
A fiat-on ramp offers an option to buy a cryptocurrency with fiat. The 1inch Wallet facilitates users’ crypto journey by integration of fiat-on ramp providers. Users do not need to waste time registering and waiting for confirmation on exchanges, they can buy coins with fiat easily and directly in their wallet.
The text recognition feature allows users to instantly import their wallet. Those users who already have wallets can quickly and easily import them, either by pasting the private key and seed/recovery phrase or by scanning them directly in the app in just a few seconds.
The 1inch Wallet is a perfect entry point to DeFi, as the built-in DEX aggregator provides the best trading rates and a range of handy features for both beginners and experienced traders.
