LCX Exchange Lists $1INCH Token

We are happy to announce the listing of $1INCH. Starting on Thursday, 30th January 2025, at 12 PM CET. LCX Exchange will support the $1INCH.

We are excited to announce the listing of $1INCH on Thursday, 30th January 2025, at 12 PM CET. Together with the listing, we will be enabling deposits for $1INCH on Thursday, 30th January 2025, at 12 PM CET. The trading pair that will be listed is $1INCH/EUR.

What is $1INCH?

The 1INCH token serves as the governance and utility token within the 1inch Network. The 1inch Network unites various decentralized protocols that work together to enable the most efficient, fastest and safest trades in DeFi. Through 1inch, users can access liquidity from hundreds of sources across multiple chains. The network consists of five key components:

1INCH holders can stake their tokens to participate in the 1inch Network’s DAO governance. Furthermore, holders can select resolvers and earn a share of their revenue.

1inch Fusion allows users to stake 1INCH tokens to receive Unicorn Power (UP), which can then be delegated to any 1inch Fusion Resolver to start receiving rewards from them. When staking, users have the option to set a custom or preset lock period. User’s st1INCH tokens cannot be unstaked/withdrawn without penalty until the designated lock period expires.

What Makes 1inch Unique?

The project is unique due to a combination of protocols working together, which enables the 1inch Swap Engine.

The 1inch Swap Engine is a decentralized trading and matching system that connects DeFi users to virtually unlimited liquidity — both centralized and decentralized — via professional market makers. To put it simply, the 1inch Swap Engine provides users with access to almost all the liquidity present in the crypto market.

The 1inch Swap Engine introduces Fusion mode, which allows DeFi users to place orders with a specified price and time range, paying no network fees.

You can sign up for an LCX Account here