I have a coin that is 1 inch in diameter and I'm wondering what its purpose is. I'm curious to know if it has any special function or value, or if it's just a regular coin used for currency.
5 answers
Valentino
Thu Nov 21 2024
Its primary function is to scan various decentralized exchanges.
Sara
Thu Nov 21 2024
1inch serves as an exchange aggregator in the cryptocurrency domain.
Andrea
Wed Nov 20 2024
The aim is to identify the lowest prices for cryptocurrencies among these exchanges, benefiting traders.
Elena
Wed Nov 20 2024
1inch operates with the support of its utility and governance token, known as 1INCH.
LitecoinLodestar
Wed Nov 20 2024
This token is integral to the platform's decentralized "instant governance" model, ensuring smooth operation.