Lately, there has been a lot of interest and conversation about cryptocurrencies and blockchain networks. Though it is being spoken about a lot, it is still unclear to the masses, what crypto and blockchains are, what they do and why it is important to know them? There is a widespread misconception that cryptocurrency is just a new concept that came around the block which is being traded upon for money. However, crypto and blockchain aim to be way more than just another way of value exchange or data handling code. They want to pave the way to the future of humanity’s current ways of data handling. That includes value exchange in it too.
At Unocoin, we want to give our customers the best possible platform where they can invest in quality and real use case crypto coins and assets. And as the result of our continuous efforts for the same, we are happy to list another token called the 1inch token.
The 1inch token is a network product whose first protocol is a decentralized exchange aggregator solution with an advanced algorithm to search over 33 liquidity protocols. The 1inch Aggregation Protocol incorporates a pathfinder algorithm for finding the best paths across over 60+ liquidity sources on Ethereum, 30+ liquidity sources on Binance Smart Chain, 30+ liquidity sources on Polygon, Optimistic Ethereum, and Arbitrum and various other networks to search for deals across multiple liquidity sources, offering users better rates than any individual exchange. In just over two years of operation, they’ve crossed $80 billion (INR 59,46,92,00,00,000.00) in overall trading volume just on the Ethereum network alone.
In December 2020, they released a token for their network, the 1inch token. These are the governance tokens that come with the benefits of giving rights to the people in this network to have a say in every aspect of the functioning and every basic protocol of the network. They are releasing these tokens gradually over 4 years (starting from Dec 2020) and have a market cap of 1.5 billion tokens. The most important attribute of these tokens is what they call instance governance. This means that anyone who enters the network, irrespective of how small the value of their stakes is, everyone can vote and have a say in even the most basic and default settings on which the network’s protocol works. Currently, the main application of 1INCH as a utility token is in the 1inch Liquidity Protocol where it is used as a connector to achieve high-efficiency routing.
Unocoin is India’s first and the most secure bitcoin trading app. This exchange app was founded in 2013. You can buy and sell bitcoin instantly using the Instant Buy and Sell feature. Not just this, you can also buy ETH and Sell ETH in no time. With more than eighty-seven coins listed on this best cryptocurrency exchange in India, you can also accept bitcoin from your friends from any location. You can also know which cryptocurrency works best for you with the price ticker and notifications. The most popular cryptocurrencies like Bitcoin (BTC), Ether (ETH), USDT (Tether), BNB, Ripple (XRP), Cardano (ADA), Solana (SOL), Binance USD (BUSD), Dogecoin (DOGE), Polkadot (DOT) and other popular altcoins can be traded on the go. The new Android and iOS applications make Unocoin the best cryptocurrency app. With the unique feature of the Systematic Buying Plan, you can buy and sell bitcoin and Ether periodically. What more? You can start your crypto journey using SBP for as little as INR 10. With another exciting feature called Crypto Basket, you can diversify your crypto portfolio based on market capitalisation (Market Cap) or Volume. These two excellent features make Unocoin the best cryptocurrency platform.
Love Crypto Coins. Love Unocoin.
Please find the list of authentic Unocoin accounts for all your queries below:
- YouTube Channel: https://www.youtube.com/c/Unocoin/videos
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- E-mail id: [email protected]
- Contact details: 7788978910 (09:30 AM IST — 06:30 PM, Mon — Sat)
- App store link: https://apps.apple.com/us/app/unocoin/id1030422972?ls=1
- Playstore link: https://play.google.com/store/apps/details?id=com.unocoin.unocoinwallet
Crypto products are unregulated as of this date in India. They could be highly volatile. At Unocoin, we understand that there is a need to protect consumer interests as this form of trading and investment has risks that consumers may not be aware of. To ensure that consumers who deal in crypto products are not misled, they are advised to DYOR (Do Your Own Research).