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Token Approvals

What is an ERC-20 token approval?… How can an ERC-20 token approval compromise my wallet?… An ERC-20 token approval is a method of allowing a smart contract or another address to withdraw funds

Why do I need to approve my tokens before a trade?

Everything you need to know about approvals and why they are critical for secure smart contract interactions… Token Approvals… The approval aka "Give permission to swap XXX" is step 1 of 2 when completing a swap

Permit2 signed token approvals - and how they work on 1inch

How 1inch makes swapping easy with the replacement of token approvals… 0x111111111117dc0aa78b770fa6a738034120c302#writeContract From the user experience perspective, this innovation replaces an approval… transaction (for the cases when an approval wasn't granted previously) with signing of a piece of data

How to swap tokens with "Classic" mode on 1inch Network

(You might have to pay an approval gas fee for certain tokens) ***Please note: Before swapping… This "approval" transaction costs a small gas fee, but doesn't actually move any tokens… Once the approval completes, review the tokens and amounts

Top 5 most common issues encountered in DeFi

Misunderstanding of the approval/unlock mechanism A large number of users don’t understand why they… This one-time approval transaction grants a smart contract access to a specific token in your wallet,… Approval Button (Step 1) Swap Button (Step 2) 4

What are 1inch P2P limit orders, and how do they work?

Once the approval transaction completes, enter the following information into the swap window:… Depending on the token being swapped, you might need to submit an approval transaction before filling

Why is my transaction pending for so long?

Double check to see if the transaction is an Approval

What is 1inch derivative staking, and how does it work?

Before staking, you might need to give permission (approval) to stake the 1INCH tokens… Once permission / approval is granted, and the correct amounts are entered, click the "Scheduled stake… Before withdrawing, you will need to give permission to the 1inch contract: Once the approval is

1inch API troubleshooting

In the case of one of these errors, you may not have a token approval or you're missing the token balance… To do a token approval, you can use the API to approve the token to the 1inch router

Fake Mining scams and how to avoid them

This scam exploits the token approval process, cloaking its activities under the guise of legitimate