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Do I need to create an account on 1inch?
Do I need to create an account on 1inch?

How to begin using the open protocol of 1inch

Matt avatar
Written by Matt
Updated over 6 months ago

Does 1inch have accounts?

Unlike centralized exchanges, you don’t need to set an account to swap tokens on 1inch. Similarly, you don’t need to go through the KYC and AML process or make any deposits or withdrawals. A decentralized exchange (DEX) is a peer-to-peer blockchain network that allows participants to transfer tokens directly from their wallets. Traders store, manage and transfer funds independently, without involvement of any third party.

To get started swapping on 1inch, simply connect any supported wallet, have some funds, and you can begin using the platform.

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