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app.1inch.io Scam Check: 100/100 Trust | ScamMinder

Website: app.1inch.io

Screenshot of app.1inch.io

Safety Score

100/100
✓ Safe Website

This website appears legitimate based on AI analysis.

AI Analysis Results

Category: Technology
About this website:

1inch is a decentralized exchange (DEX) aggregator that sources liquidity from various DEXs. It was launched in 2019 by Sergej Kunz and Anton Bukov. The platform is designed to offer the best possible trading rates by discovering the most efficient swapping routes across all platforms. Users can trade a wide range of tokens on 1inch, and the platform is known for its user-friendly interface and competitive rates.1inch has gained popularity in the decentralized finance (DeFi) space due to its ability to provide users with the best possible rates for their trades. It has also been involved in various partnerships and integrations within the DeFi ecosystem.1inch has its native utility token, also called 1inch. The token is used for various purposes within the 1inch ecosystem, including for participating in the platform's governance and receiving rewards.1inch has continued to evolve and expand its services, aiming to provide a comprehensive and efficient DEX aggregator for the DeFi community. It has also been involved in initiatives to enhance the overall DeFi ecosystem and improve the user experience for decentralized trading."

Risk Assessment: safe
📊 Analysis Reasons:
  • 1inch is a well-known and reputable decentralized exchange (DEX) aggregator in the cryptocurrency space. It has been operational since 2019 and has gained a significant user base due to its competitive rates and user-friendly interface. The platform is designed to source liquidity from various DEXs, allowing users to find the best possible trading rates for their transactions.1inch has its native utility token, also called 1inch, which is used for governance and receiving rewards within the platform. The token has been actively traded on various cryptocurrency exchanges.1inch has been involved in partnerships and integrations within the decentralized finance (DeFi) ecosystem, further solidifying its position as a reputable platform. It has also been proactive in enhancing the overall DeFi experience for users.Overall, 1inch has a strong track record and is widely recognized in the cryptocurrency community. As with any cryptocurrency platform, users should exercise caution and conduct their own research before engaging in transactions, but 1inch is generally considered a safe and reputable platform for decentralized trading.