Product | 12/06/2021
1inch now available in Ledger Live: access competitive crypto swapping fees
| Things to know: |
| – Through Ledger Live*, you can swap a crypto for another through services operated by different partners, called decentralized exchanges (DEXs). – 1inch Network – a DEX aggregator enabling its users to swap at most competitive rates – is now available in Ledger Live. – Combining 1inch with Ledger allows competitive swapping rates whilst keeping your digital belongings fully secure. – You can find 1inch in the Ledger Live Apps Catalog. |
At Ledger, our ambition is to become your gateway to the crypto galaxy by allowing you to easily and securely manage your digital assets. Through the Ledger Live app, our partners offer you the ability to buy, swap, sell and grow your digital assets along with the safety of your hardware wallet.
You can now swap one crypto for another at competitive transaction rates via the service operated by 1inch through Ledger Live.
Competitive crypto transaction fees are within your reach
You may have noticed that crypto trading rates across Decentralized Exchanges differ. You need to explore multiple DEXs to find the best swap rates for your tokens. Needless to say that it’s a time consuming process.
The good news is: the 1inch app answers this hurdle.
1inch is a DeFi aggregator spanning over 120 DEXs across Ethereum, Polygon, Binance Smart Chain and Optimistic Ethereum. It provides you with competitive swapping rates across the biggest available liquidity pools. For instance, you’ll get competitive rates when you swap ETH for Tether, or AAVE for UNI. So far, these options are exclusively available on the Ethereum and Polygon protocols through Ledger Live.
Why should you use 1inch through Ledger?
By using 1inch through Ledger, not only you’ll access competitive transaction rates, but you’ll also secure your digital assets. Your private keys are tightly secured within your Nano hardware wallet, guaranteeing a hack-proof experience when managing your crypto.
In addition, Ledger Live is more than an app: it’s your gateway to Web3. Here, you can transact at minimal fees with 1inch, stake ETH with Lido, manage BNB & BEP20 tokens on Binance Smart Chain, or simply manage Ethereum, Bitcoin and many others coins… from a single app:
And stay tuned, as many more third party DApps will be released in Ledger Live.
Using 1inch through Ledger is as easy as pie
If you just purchased your hardware wallet, all you need to do is to set up your Ledger Nano and sync it with the Ledger Live app. Then, just click on the 1inch app in the Ledger Live Apps Catalog (“Discover” section) and manage your assets without having to exit Ledger Live.
Once on the 1inch app, just indicate the amount of tokens you want to manage and you’ll find the best rate among all DEXs available. If you’re satisfied with the rate suggested, then execute the swap from the same portal: no need to migrate on a specific DEX.
*Disclaimer: Swap, lend, and other crypto transaction services are provided by third-party partners. Ledger provides no advice or recommendations on use of these third-party services.