The “1inch” platform provides a grouping of a number of decentralized trading platforms. The “1inch” platform works on both the Ethereum blockchain and the BSC blockchain.
It launched a “1inch” wallet for iOS users on Tuesday.
Operating this wallet will make it easier for users to exchange their digital currencies on their mobile devices while making the transfer and conversion process easy.
The wallet will enable users to switch between Blockchain Binance and Ethereum at a lower real-time transaction rate for cryptocurrency exchanges.
Not only on the mobile phone, but users can also approve and confirm transactions on Apple smartwatches.
The application will also encrypt backups from "iCloud", allowing users to switch between different devices.
The “1inch” platform ranks as the seventh largest decentralized trading platform (DEX), with a total closed value of $ 311.7 million.
According to Debank , the trading volume on the 24-hour “1inch” platform is $ 232 million on the Ethereum blockchain and $ 88 million on the Blockchain Binance (BSC).
The price of the digital currency “1inch” was not affected much by the recent announcement of the portfolio, as the currency’s price remained fluctuating away from the $ 5 level that had previously risen above it and reached a record high of $ 6.72.