Here's the deal: 1inch is this killer DEX aggregator that hunts down the absolute best swap rates across tons of exchanges like Uniswap, Curve, Balancer, and more-all in one spot. No more jumping between sites comparing prices. It splits your trade if needed to minimize slippage and even cuts gas fees sometimes. I've saved like 5-10% on swaps just by using it instead of going direct to a single DEX. Pretty much magic for DeFi newbies or pros.
The thing is, it works on Ethereum, BSC, Polygon, Optimism, and a bunch more chains now. So whatever your native gas token is-ETH, BNB, MATIC-you'll need a tiny bit for fees, like ~0.0005 ETH on a quiet day or up to 0.01 ETH when it's jammed.
Okay, you can't do jack without a wallet. I usually go with MetaMask 'cause it's dead simple, but WalletConnect, Coinbase Wallet, or even Coin98 work great too. Download MetaMask from their site, make a new wallet, jot down your seed phrase somewhere safe (not on your phone, duh), and fund it with some ETH or whatever chain you're on.
Pro tip: Buy ETH on Binance or Coinbase, send it over. Start small, like $50 worth, to test. Why? Gas eats newbies alive if you're not careful.
Sound familiar? It's the same for every DeFi thing. Now you're ready.
Hit up app.1inch.io. Boom, clean interface. Top right, smack that Connect Wallet button. Pick your wallet, accept the terms (yeah, read 'em quick), and connect. Your address pops up top. If it asks for password, enter it.
In my experience, if you're on mobile, use WalletConnect-scans a QR code. No fuss. Connected? Good. Now pick your chain from the dropdown if it's not Ethereum.
But wait, settings first. Click the gear icon top left. Tweak slippage-start at 0.5%, bump to 1-3% for volatile pairs or big swaps. Gas? Pick "market" for now, or "fast" if you're impatient. Activate CHI if you got it (needs 5 CHI tokens); slashes gas by ~40%. I always do.
Alright, swapping. Select from token (what you got) and to token (what you want). Type an amount, say 1 ETH for USDC. Watch it auto fill the output. 1inch shows the best route, like "Uniswap + Curve" for max return, or cheapest gas option.
screen: Bottom shows DEX breakdown, price impact (keep under 1%), and gas estimate. Green button says Swap. Hit it, approve if first time (one time token allowance), then confirm in wallet. Wait 10-60 secs. Tokens land.
I've swapped ETH to DAI mid volatility spike-got 2% better rate than Uniswap solo. Why does this matter? On big volumes, slippage kills you. 1inch splits it smartly.
Practice with $10 first. Builds confidence.
Basic swaps are instant market price. But limits? Set your price, wait for it to hit. Perfect for sniping dips.
Switch to Limit tab. Pick from/to tokens, enter amount, slide to your target price (e.g. buy ETH at $2,500). Set duration-good til 1 day, week, or cancel. Review gas (one time setup fee ~0.005 ETH), confirm.
What's next? It sits there. Fills when conditions match. No babysitting. I use this for altcoins-set buy below support, sell above resistance. Filled 80% of mine last month.
| Market Swap | Limit Order |
|---|---|
| Instant execution | Executes at your price |
| Best current rate | Waits for better |
| ~0.0005-0.01 ETH gas | Setup ~0.005 ETH + fill gas |
| Good for quick trades | Great for strategies |
See? Limits give control. But they might not fill if market moves away.
Okay, game changer. 1inch Fusion (and Fusion+) does gasless swaps. How? They front your gas, you pay later via their token or premium. Zero upfront ETH needed sometimes.
Enable in settings or it auto pops for eligible swaps. Cross chain too-ETH to Polygon in one go. Fees? Tiny premium, like 0.1-0.5% on top, but saves gas headaches. I love it for small trades under $100.
Catch: Not all pairs/chains. Check the glowy button. If no, fall back to classic.
Swapping's fun, but pools? Passive income. Click hamburger menu top right, hit DAO or Pools.
Pick a pool, like 1INCH ETH. Enter amounts (equal value, or it auto swaps one side). Approve tokens, confirm. Get LP tokens back-your pool share.
Risks? Impermanent loss if prices diverge. But yields can hit 20-50% APY. I park stablecoin pairs for low risk.
No list here-just do this: Start with stables like USDC USDT. Low vol. Watch TVL (total value locked) over $10M for safety.
Farms boost APY to 100%+ sometimes. But check active ones-only a few like 1INCH OPIUM or whatever's hot.
Ethereum gas sucks sometimes? Switch chains. Top selector: BSC (BNB gas ~$0.10), Polygon (MATIC ~$0.001), Arbitrum, Optimism-all dirt cheap.
Fund the native token on that chain. Swap cross chain via Fusion+. Example: USDC on ETH to ARB on Arbitrum, one tx.
In my experience, Polygon for cheap alts, BSC for fast stables. Test small-bridge fees add up.
Not a MetaMask fan? Coin98's dope. Extension or mobile app with dApp browser.
On mobile: Open Coin98, hit Browser, go 1inch.io. Connect Web3. Same swaps. Pools via menu → Pools/Farming. Easier than fumbling Trust Wallet QR.
Why Coin98? Built in multi chain, no chain switching hassle. I've used it for 1inch farms on the go.
Tx stuck? Check Etherscan.io with your hash. Pending? Speed up in wallet. Failed? Gas too low or slippage.
Tokens not showing? Add custom via contract address (search CoinGecko). High fees? Layer 2 or off peak (weekends).
Scam alert: Only app.1inch.io. Phishers fake sites. Revoke approvals at revokecash.app if paranoid.
Big issue: MEV bots. 1inch fights 'em with private mempool, but set low slippage anyway.
Honestly, after 50+ swaps, 1inch's my default. Rates beat everything. One time, swapped 5 ETH-saved $150 vs Uniswap.
For $10k+? Split into 3-5 swaps, 5 mins apart. Reduces impact. Use limit for entries.
Strategy: Farm yields → swap rewards → repeat. Or arbitrage: Spot price diffs across chains, 1inch routes best.
Numbers: Typical fee 0% (just gas), but pools take 0.3% maker fee shared. Gas varies-Ethereum $1-50, L2 under $1.
Question: Feeling overwhelmed? Nah, after two swaps you're golden.
Chrome extension wallets shine. Coin98 or MetaMask mobile. dApp browser = full 1inch access.
Steps same. But pinch zoom on mobile for token search. Works offline? Nope, needs internet.
I swap on lunch break via phone.
And that's your toolkit. Go swap something small right now. You'll hook it.