How to Buy 1INCH in the UK

If this is your first time buying 1INCH, it is worth starting with the basics: account setup, verification, fees, and where the asset appears after purchase. CEX.IO provides eligible UK-based customers with access to supported crypto services after the required checks are complete.

1inch Network is a decentralised exchange (DEX) aggregator. It searches multiple decentralised exchanges for a route that can fill a trade, then executes the trade along that route. 1INCH is the native token of the network. 

UK-based customers complete registration, identity verification, and the UK appropriateness assessment before they access supported crypto services. Customers buying cryptoassets for the first time must also complete the required 24-hour cooling-off period.

This guide explains each stage of the 1INCH purchase process in plain terms.

How to Buy 1INCH at CEX.IO: a Step-by-Step Guide

Before you can use supported crypto services, you need to create an account, complete identity verification, and finish the required UK onboarding checks.

Here's a detailed guide on how to buy 1INCH on CEX.IO:

Step 1 – Create an Account

Start by visiting the CEX.IO website or downloading the mobile app for iOS or Android. Select to create an account, then provide a valid email address, set a strong password, and choose the United Kingdom as your country of residence.

After submitting your details, confirm your email address using the link or code sent to your inbox. As a UK-based participant, you must answer a set of questions about cryptoassets, related risks, and your previous experience. This appropriateness assessment forms part of the standard UK onboarding process and helps assess whether cryptoasset services are appropriate for you before certain features become available.

Customers purchasing cryptoassets for the first time must also complete the required 24-hour cooling-off period before they can buy 1INCH.

Step 2 – Complete Identity Verification (KYC)

Identity verification opens access to payment methods, withdrawals, and other supported features. Complete it by providing your personal details, confirming your residential address, and uploading a valid identification document, such as a passport or driver’s licence.

You may also need to complete a facial recognition check. Once registration, verification, the appropriateness assessment, and any required cooling-off period are complete, you can access the crypto services available to your account.

Step 3 – Search for 1INCH and place an Order

Once your account is ready, choose how you want to buy 1INCH. The Buy function adds 1INCH to your portfolio without the trading interface.

Go to the Buy Cryptocurrency tab, specify your preferred fiat currency and amount, and choose 1INCH as your preferred asset. Once done, click Buy Crypto and choose your preferred funding pathway under the Select Payment Method tab.

You may also fund your account first. Head to the Wallet tab and select Add Funds. Select the currency and amount you want to add, then choose a supported funding gateway from the menu. Once your funds arrive, you can access 1INCH through Spot Trading or CEX.IO Convert.

In each case, before placing an order, review the asset, amount, payment method, quoted price, and any applicable fees. If everything looks correct, confirm the transaction and follow the on-screen instructions.

Step 4 – Receive Funds in Your Wallet

After the transaction is complete, 1INCH will appear in your CEX.IO Wallet. From there, you can review your holdings, track market activity, exchange 1INCH through Spot Trading or CEX.IO Convert, or transfer the asset to an external wallet address.

You can manage your 1INCH and other supported assets through the CEX.IO web-based platform or mobile app, depending on the services available to your account.

Why Should I Consider Buying 1INCH in the UK with CEX.IO?

Each enthusiast has their own preferences when it comes to choosing an exchange to buy 1INCH and other cryptocurrencies, which is only natural.

Some participants may value the possibility to choose between different payment methods, as covered in the section above. Others look first at the trading interface.

You do not need to install additional software to use CEX.IO. From one account, you can buy, sell, trade, convert, and store supported crypto assets.

Spot Trading serves those who want to use their market knowledge, fundamental research, or technical analysis when buying 1INCH or other supported cryptocurrencies. CEX.IO Convert allows customers to exchange supported assets at the rate quoted before confirmation, without navigating charts or placing market and limit orders.

You can review the quoted price, the selected payment method, and any applicable fees before you confirm a 1INCH purchase.

Overall, CEX.IO gives UK-based participants several ways to engage with 1INCH: the Buy Cryptocurrency function, access to trading markets, asset conversion tools, and portfolio management through a single account. Review our dedicated pages and FAQ resources for information about services, fees, and risks before taking any action on our platform.

What Can You Do with 1INCH in the UK?

Once you register and verify on our platform, including completing the appropriateness assessment, eligible customers may access the CEX.IO Wallet where available. This feature allows you to choose how you want to manage your crypto portfolio. Alongside buying 1INCH, the Wallet holds your other supported assets and connects to the services below.

For those interested in trading, CEX.IO offers Spot Trading. This service gives eligible participants access to the 1INCH markets displayed in their account, along with order books, market and limit orders, and a dedicated trading interface. CEX.IO Convert allows customers to exchange 1INCH for supported fiat and crypto assets at the rate quoted before confirmation, without navigating charts or placing separate buy and sell orders.

If you want to withdraw funds, you can use either Spot Trading or CEX.IO Convert to exchange 1INCH for fiat, where the relevant market or conversion route is available to your account. From there, you may withdraw GBP through the supported withdrawal methods displayed in your account, depending on availability. Those who do not want to cash out can transfer 1INCH to an external wallet address. Network fees may apply, and our Limits and Commissions page lists the current costs. Review the applicable fees and transaction details before you confirm a transfer.