Wallet of the Week: The 1inch Wallet

Linda Witters
WalletConnect
Published in
2 min readMay 23, 2023

Taking your first steps into web3 can be overwhelming, with a plethora of wallet choices at your fingertips. In our “Wallet of the Week” series, we put the spotlight on one wallet and share why we think they’re worth checking out.

Three reasons why we’re leaping into web3 with the 1inch Wallet

You’ve probably heard of 1inch, the DEX aggregator. Did you know that there is also the 1inch Wallet?

The 1inch Wallet leverages its DeFi DNA to offer users an easy-to-use crypto wallet with a sophisticated feature set. You can count on the following:

Security and self-custody: With the 1inch Wallet, your coins are yours. You can connect your 1inch Wallet with your Ledger to securely store them offline. You can also take advantage of the 1inch Wallet’s hierarchical-deterministic (HD) features, which generates “child” wallets (new key pairs) from your “parent” wallet’s master key pair — essentially sub-accounts. You can then select these sub-accounts when performing particular transactions, which helps enhance privacy and security, as well as your own record-keeping. Go down the rabbit hole here.

Multi-chain mania: The 1inch Wallet currently supports 10+ blockchains, including the much-buzzed about zkSync Era! You can manage your portfolios across multiple networks from a single screen

Granular transaction settings: This one’s for you, traders. You can customize nonce values to solve pending and stuck transactions that haven’t yet been broadcasted to the blockchain, as well as the maximum amount of gas you’re willing to spend to complete the transaction.

What’s next?

The 1inch Wallet will soon be going physical, in the form of a hardware wallet. Read more about it here — and get on the waitlist!

To find out more about the 1inch Wallet, check out their Twitter and website. To discover other wallets in the WalletConnect ecosystem, head on over to our Explorer and start browsing today.

--

--