1inch now supports BNB Chain!
Keep in mind that all 1inch protocols - Aggregation, Liquidity and Governance - are now mirrored on BNB, offering the same functionalities. BNB has a few advantages over the Ethereum Mainnet. One of the main advantages is significantly lower gas fees, which make all operations more efficient. BNB supports many popular assets. To be able to use one of them, you'll need to lock the token on the Ethereum side of Binance Bridge and then unlock it on the BNB side.
Read more on that here.
To start exploring 1inch on BNB Chain, do the following (by the example of MetaMask):
Connect your MetaMask to BNB.
A comprehensive guide on connecting is available here
Switch “Ethereum Mainnet” to “BNB Chain” in your MetaMask
Go to https://app.1inch.io/
There are two ways to switch between chains on 1inch
1. Click on the “Ethereum” button on top and switch it to “BNB Mainnet”
- Connect your wallet
2. Click on the “Connect Wallet” button in the upper right corner and select “Binance” in the “Choose Network” window, then complete the connection by accepting the Terms of Service and selecting the MetaMask option
The network indicator will switch to “BNB Mainnet”, meaning you’re all set to start using 1inch on BNB Chain.
Just like every blockchain, BNB Chain charges gas fees on transactions. BNB Chain’s native currency is BNB. Therefore, gas fees are paid in BNB, just like in ETH on Ethereum. To send transactions on BNB Chain, you need a sufficient BNB balance.
There are several ways of getting BNB:
Purchase BNB directly on Binance
When converting some Ethereum asset (e.g. ETH, USDT) to its BNB Chain version via Binance Bridge, attach BNB as an attendant asset
Have BNB sent to you by any third-party
As stated above, all 1inch features on BNB Chain are just about the same as on Ethereum. Therefore, using them will be a similar, streamlined experience.