Are you looking for a platform to exchange your 1INCH for Fantom? Then this is the right place for you to be informed. This article gives you a guide on how to exchange 1INCH to Fantom -find out more!
1INCH was launched in December 2020, and it aims to give out excellent crypto prices on decentralized exchanges. These Decentralized exchanges (DEXs) refer to cryptocurrency exchanges that do not need governance from a third party. Anyone can invest in 1INCH, and as a trader, you only need to give your wallet. There are no personal details given, and no one can access your funds.
Fantom is an easily accessible crypto trading and safe platform with high performance. It has been meant for overcoming the restrictions connected to the old-day blockchain platforms.
Fantom aims at working on a perfect and fast speed, secure networks, and good decentralization. These three features make Fantom stand out from all other blockchain platforms. Four basic things facilitate the functionality of Fantom. They include:
- Security- transactions carried out on this network are tightly secured.
- Modularity- facilitates easier and faster performance at a low cost.
- Scalability- ensures there is no network congestion and blockchain-powered networks are functioning self-reliantly.
- Open-source- Fantom can be used and accessed by anyone.
1INCH to Fantom exchange can be done on various platforms such as Binance, FTX, and KuCoin. As much as different platforms offer this service, it is the role of every investor to look for the best one where they can trade out the transactions. You can explore much more from a preferred crypto list price.
Exchanging 1INCH to Fantom involves the following steps:
- Select a reliable exchange platform whose instructions are likely to meet your needs.
- Go through the presented pairs and choose the one you want to exchange (1INCH to Fantom).
- Feed-in the number of 1INCH coins you wish to swap.
- Choose the exchange rate you want to use, either fixed or floating rate.
- The platform you choose displays a list of available deals, offering you a chance to choose the most beneficial one.
- Give out your receiving wallet address.
- Confirm if every detail you entered is correct. Verification is important as it keeps your tokens from being sent to the unintended recipient.
- It takes a few minutes of your time for the exchange process to be completed, and then the money is deposited into your wallet.
As you convert 1INCH to Fantom, you are likely to enjoy the following:
- Unlimited buying and selling of your tokens.
- 1INCH to Fantom prices that are made available to you in real-time mode
- Best conversion rates offered by the Smart Rate Technology
- Simple steps during the process of conversion
- Knowing your swap results before making your transfer request
Cryptocurrency exchanges are not as complicated as one may think. The procedure has been explained in simple words possible. However, if you are unsure how to swap your cryptos, you can ask for help from your preferred exchange –most of them offer support or can be trusted to carry out the transaction for you.