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DeFi Portal 1inch Launches Wallet App on Android

The move comes nearly one year after the app became available on Apple's iPhone.

Updated May 11, 2023, 7:13 p.m. Published Mar 31, 2022, 3:00 p.m.

1inch co-founders Anton Bukov (left) and Sergej Kunz (1inch Network)

1inch, a decentralized finance (DeFi) protocol for routing cryptocurrency trades, has released a wallet for Android users, according to a statement on Thursday.

Android users will be able to store, send, receive and trade crypto on Ethereum, BNB Chain, Polygon and Avalanche, as well as take advantage of token swaps, according to the statement. They'll also be able to connect the wallet to the decentralized application in any browser or device.
1inch released its wallet app on Apple's iPhone in late April 2021, two months after it went live on Binance Smart Chain (now known as BNB Chain).
1inch is one of the largest decentralized exchange (DEX) aggregators, with 24-hour trading volume of $309 million on Ethereum, according to Dune Analytics.

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Camomile Shumba

Camomile Shumba is a CoinDesk regulatory reporter based in the UK. Previously, Shumba interned at Business Insider and Bloomberg. Camomile has featured in Harpers Bazaar, Red, the BBC, Black Ballad, Journalism.co.uk, Cryptopolitan.com and South West Londoner. Shumba studied politics, philosophy and economics as a combined degree at the University of East Anglia before doing a postgraduate degree in multimedia journalism. While she did her undergraduate degree she had an award-winning radio show on making a difference. She does not currently hold value in any digital currencies or projects.