1INCH is a decentralized exchange aggregator, That recently launched a token (1INCH token). The token is used to govern the operations of the 1INCH platform and It is worth $4.19 as of the time of writing this article. This article will guide you on how to claim your free 1INCH token.
On December 25th, 2020 1INCH announce an airdrop for early adopters and issued a condition to them before they’ll be able to win their free token. Their second airdrop was announced on February, 12th 2021 with extra conditions added to the first airdrop. To enlarge the requirements and increase eligibility.
First, the 1INCH exchange demanded that eligible participants must possess any ethereum wallet that has communicated with the 1INCH exchange before December 24th, 2020. Also, your ethereum address must meet one of the three requirements below.
- At least four trades in total.
- At least one trade before September 15th, 2020.
- A total of at least $20 in trades.
Second, the airdrop distribution was focused on Uniswap traders that have not exchanged tokens on the 1INCH exchange. And also based on addresses that communicated with the uniswap platform except for trading bots.
Second airdrop’s requirement
- At least 20 unique trading days
- At least 3 trades made in 2021
Steps to claim your 1INCH tokens
To redeem your 1INCH token carefully follow the steps below
Step 1: Visit https://1Inch.exchange.com and click “connect wallet”
Step 2: Connect a compatible cryptocurrency wallet (e.g metamask)
Step 3: Go to the top right side beside your balance and click on the purple button, then click check. (To check address if it has any claim able 1INCH).
Step 4: Input the wallet address and click “claim”
N/B: The second airdrop is for users that missed the first airdrop to have the opportunity to receive their tokens.
If you are qualified to win this reward, you will get them once the transaction is completed. You will pay for ethereum gas fee, so users must have some ethereum on their wallets.