1inch Network Rolls Out DeFi Wallet App on iOS to Simplify Transactions on the Exchange
- 1inch launches an iOS mobile app.
- It features multi-chain transfers, stealth transactions, and connections to other blockchains.
Decentralized aggregator exchange, 1inch, has launched its iOS mobile app to simplify users’ interaction and utility while offering all desktop version features. Known as ‘1inch Wallet’, the platform provides a mobile-friendly way to trade tokens, perform token swaps, and other transactions.
The new wallet brings along all features available on the desktop version while maximizing simplicity for Apple users. The app's features at launch include high security of tokens, launching swaps, connectivity with Apple Watch, and an encrypted backup on iCloud, allowing users to switch devices at will.
🌋 Somewhere deep in the land of #Crypto, in the Fires of #ETH and #BSC, the #1inch Labs team forged a master #iOS wallet, and into this wallet, they poured their skill, talent, and the will to dominate the #DeFi.
— 1inch Network (@1inchNetwork) April 27, 2021
“We see a lot of people using their mobile devices to interact with DeFi in general and with the app.1inch.io (the 1inch web browser dApp) in particular,” 1inch co-founder Sergej Kunz said in a statement.
“To offer the most user-friendly and full-fledged solution, we needed a highly secure and modern crypto wallet which is now an essential part of the 1inch mobile application.”
The app will introduce staking and governance protocols at a later date. Additionally, the development team is working on adding more local languages to the app, a fiat on-ramp feature, and other updates in the future.
The 1inch Wallet routes trade for tokens on Ethereum and Binance Smart Chain (BSC), providing users with the best rates available in the market. If you delete the app or lose your phone, the app allows you to easily import wallets by scanning a private key string or seed phrase.
As of writing, the decentralized aggregator has processed a total daily volume of $108 million across BSC and Ethereum.