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Author Topic: 1inch exchange token claim  (Read 1095 times)
kakonhat (OP)
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December 25, 2020, 08:45:08 AM
 #1

We know very well that a few months ago Uniswap distributed free token who traded there (Conditional). Today we saw one more great news for 1inch exchanges' traders.
1inch is giving free token them who traded before 24/12/2020. If you did any trade before in that day you can check your wallet by login 1inch exchange. If you are eligible to claim free 1inch token it will appear.
Have a great day for all 1inch exchange traders. Smiley

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December 25, 2020, 08:59:25 AM
 #2

We know very well that a few months ago Uniswap distributed free token who traded there (Conditional). Today we saw one more great news for 1inch exchanges' traders.
1inch is giving free token them who traded before 24/12/2020. If you did any trade before in that day you can check your wallet by login 1inch exchange. If you are eligible to claim free 1inch token it will appear.
Have a great day for all 1inch exchange traders. Smiley
Another extraordinary event happened again at the end of this year with the exchange of 1inch, but it is unfortunate that I have not used the exchange because I still think the exchange is not yet popular, it turns out that I was wrong in assessing this, because the distribution of free tokens on the exchange happened on later this year. Cry

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December 25, 2020, 09:14:32 AM
Last edit: December 25, 2020, 10:41:01 AM by Jawhead999
Merited by cryptoaddictchie (1)
 #3

1inch is giving free token them who traded before 24/12/2020. If you did any trade before in that day you can check your wallet by login 1inch exchange. If you are eligible to claim free 1inch token it will appear.
That's not really accurate

1inch exchanges giving free airdrop for all wallet registered not traded before 24/12/2020. And it must need to meet at least 1 requirement to get the airdrop :
Quote
1. At least one trade before Sept 15
2. At least 4 trades in total
3. At least $20 in total volume

[1] https://coinmarketcap.com/currencies/1inch/

You can read the full information here https://medium.com/kucoinexchange/1inch-1inch-gets-listed-on-kucoin-tutorial-on-how-to-claim-free-1inch-airdrop-7feb675ebf1b


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December 25, 2020, 12:13:19 PM
 #4

That's not really accurate
More like incomplete. But I think OP is just glad to inform us about the 1inch airdrop. Technically if someone knew of the condition before, Im sure many have traded before 24th using a lot of wallets. Thumbs up to the team disclosing it a bit later.

At least those users whom really using it were able to grab those free tokens. I've traded on it before so I knew I am capable of the free airdrop. But it's so sweet to know that more than 1k usd reward is given for simple trading. Congrats to all those who got their 1inch literally a bonus Christmas money.

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December 25, 2020, 01:04:06 PM
 #5

That's not really accurate
More like incomplete. But I think OP is just glad to inform us about the 1inch airdrop. Technically if someone knew of the condition before, Im sure many have traded before 24th using a lot of wallets. Thumbs up to the team disclosing it a bit later.

At least those users whom really using it were able to grab those free tokens. I've traded on it before so I knew I am capable of the free airdrop. But it's so sweet to know that more than 1k usd reward is given for simple trading. Congrats to all those who got their 1inch literally a bonus Christmas money.

Unexpected that's why it's not for everyone I do not even hear that exchange before so it's impossible for me to be qualified in that airdrop. But its good to hear that there are many airdrop that also give large amount of money to its users uniswap and this one is  a good example that you can still earn in airdrop but they are just changing the rules on  how to claim it .

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December 25, 2020, 01:21:16 PM
 #6

More like incomplete. But I think OP is just glad to inform us about the 1inch airdrop. Technically if someone knew of the condition before, Im sure many have traded before 24th using a lot of wallets. Thumbs up to the team disclosing it a bit later.
Just curious though! Where did you get those airdrop information beforehand? Most of the telegram airdrop I am currently in seems to be missing that particular 1inch token and does not offer a lot of information for publicity. There must be some kind of hidden channels who are pretty much disclosing those valuable airdrops.

I am not a fond of these airdrop due to unprofitable experiences before. However, I am now having a bit of interest to examine and do some of their activities to be eligible with this kind of giveaways. I feel a bit of regret for not participating  Huh

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December 25, 2020, 01:31:28 PM
 #7

Unexpected that's why it's not for everyone I do not even hear that exchange before so it's impossible for me to be qualified in that airdrop.
Maybe you can say that it's not for everyone but if you been an uniswap airdrop participants an instinct for this is inevitable.

Just curious though! Where did you get those airdrop information beforehand? Most of the telegram airdrop I am currently in seems to be missing that particular 1inch token and does not offer a lot of information for publicity. There must be some kind of hidden channels who are pretty much disclosing those valuable airdrops.
Just an instinct actually. I have some closed group for monitoring potential profit makers. And also I have my own group. But I don't associate my telegram activity here and my forum activity.

I received the uni tokens so I'm just bit curious too which one who'll do next with a very good potential and every uniswap degen traders feels like the same and think of 1inch as a candidate.

I am not a fond of these airdrop due to unprofitable experiences before. However, I am now having a bit of interest to examine and do some of their activities to be eligible with this kind of giveaways. I feel a bit of regret for not participating  Huh
Well I'm not too but experience tells you otherwise. But I am more interested on profitable way. This kind of airdrop isn't the same with Google forms style. The criteria is for contributions through trading and liquidity. You need to spend a lot of gas if you wanna earn provided that it's not guaranteed.

I've just do a trade to have record for the tx simple as that. Knowing it could have an airdrop a bit later so indeed it is. Boom money printing. But those who were earlier have more tokens probably.

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December 25, 2020, 02:23:08 PM
 #8

This kind of airdrop isn't the same with Google forms style. The criteria is for contributions through trading and liquidity. You need to spend a lot of gas if you wanna earn provided that it's not guaranteed.

I've just do a trade to have record for the tx simple as that. Knowing it could have an airdrop a bit later so indeed it is. Boom money printing. But those who were earlier have more tokens probably.
To be precise, instead of an old process of filling up various cryptocurrency airdrop form, you need to have an existing cryptocurrency swap that takes place on the decentralized exchange aggregator? So in this case, I only need to have a total of 20 USD worth of trades in order to be eligible for 1inch tokens isn't it? I've also noticed that this is something similar to the UNISWAP exchange where I traded some of the ICO token I've received last month.

It's pretty rewarding especially for those people who created and connected a bunch of trust wallet in their exchange.LOL

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December 25, 2020, 02:39:08 PM
 #9

Such an announcement will only work for people who have met the conditions before, why do not companies announce and give a period like two or three days, then the token price will rise, they can achieve more profits than before correction.

The risks of using such platforms are much less than their benefits, so be careful and choose to trust the most secure ones.


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December 25, 2020, 06:42:55 PM
 #10

Chinese insider + 1INCH, previously @leifengcrypto posted a tweet https://twitter.com/leifengcrypto/status/1342382406406324224 : "borrowed 500eth and aped into $inch early morning. just sold and repayed the loan. free 500eth. easy money", which later apparently deleted on Twitter this page is no longer available there is only from the history. Leifeng bought 500Eth 1INCH for $1.5 and went out for $3, earning this Catholic Christmas morning - 500Eth. Smiley

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December 25, 2020, 08:24:43 PM
 #11

Such an announcement will only work for people who have met the conditions before, why do not companies announce and give a period like two or three days, then the token price will rise, they can achieve more profits than before correction.

The risks of using such platforms are much less than their benefits, so be careful and choose to trust the most secure ones.
Exactly. They should give at least a period for users to be aware that they'll be doing this kind of airdrop. They will get a huge volume if they do it because the success of other exchange having an airdrop with such requirement and trading volume needed per user, traders would cope up with the requirements just for the airdrop that they will be giving. They seem to only look for the qualified people that are not expecting any airdrop from them but that wouldn't do much.

Anyway, good for those who have used and had faith on them but later on they'll definitely dump the token just like the usual cycle from airdrops. There's not that much to stay if there will be another exchange to do this. It's just all about the free money but if they want to succeed, they should create a userbase and announce it earlier to build a rapport from those interested traders.

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December 25, 2020, 11:47:32 PM
 #12

^^ but then their token will be worthless as they will have to pay many participants who are most probably not even interested in their service and won't use it again after receiving the reward.
Obviously, their intention was to reward their loyal customers.
If it was announced beforehand, it could've been massively abused. They made the right call, imo.

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December 25, 2020, 11:56:11 PM
 #13

^^ but then their token will be worthless as they will have to pay many participants who are most probably not even interested in their service and won't use it again after receiving the reward.
Obviously, their intention was to reward their loyal customers.
If it was announced beforehand, it could've been massively abused. They made the right call, imo.
Waiting to see if there's any popular exchange that will list them on futures markets. These are the kind of tokens that are wonderful to short once the price starts correcting after the initial spike  Grin

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cryptoaddictchie
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December 26, 2020, 01:22:26 AM
 #14

Exactly. They should give at least a period for users to be aware that they'll be doing this kind of airdrop. They will get a huge volume if they do it because the success of other exchange having an airdrop with such requirement and trading volume needed per user, traders would cope up with the requirements just for the airdrop that they will be giving. They seem to only look for the qualified people that are not expecting any airdrop from them but that wouldn't do much.
Uniswap didn't announced their giveaway too but I agree since they are a dex and wanted to have more volume this kind of activity should have announced if they want to attract more users but probably it will be just for the rewards if this kind of airdrop are announced but not for using the platform constantly so they make a good call here.

Anyway, good for those who have used and had faith on them but later on they'll definitely dump the token just like the usual cycle from airdrops. There's not that much to stay if there will be another exchange to do this. It's just all about the free money but if they want to succeed, they should create a userbase and announce it earlier to build a rapport from those interested traders.
Free money is free money. Early adopters have the rights to profit on this I guess. Probably there are more of those of this dex will do this again. 1inch just launched their yield farming surely they will attract users too. Traders somehow got interest with this.

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December 26, 2020, 05:10:24 AM
 #15

I don’t know if they only give the tokens to whoever made any deal, even if it was a failure like the Uniswap platform, in fact I missed Uniswap Airdorp and I got nothing, do you know how much tokens they will give and what is the token price?
After AirDorp Uniswap many similar platforms appeared and there are many that will try to exploit its success, I also read that there is a dydx platform that will give its users Airdrop.

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December 26, 2020, 08:11:08 AM
Merited by logfiles (1)
 #16

Waiting to see if there's any popular exchange that will list them on futures markets. These are the kind of tokens that are wonderful to short once the price starts correcting after the initial spike  Grin
Interestingly, both Binance and OKex have listed 1INCH tokens on their platforms especially in futures contract. I am sure that for those people who are eligible from their airdrop had a very prosperous holidays. The price is currently having sideways though around 1.7 - 1.9 USD.

Binance Futures will launch 1INCHUSDT perpetual contracts, with trading open at 2020/12/25 10:00 AM (UTC). Users will be able to select between 1-20x leverage. The 1INCHUSDT perpetual contract is a USDT-margined futures contract that uses USDT as collateral.

We are pleased to announce that 1INCH margin trading and savings feature will be enabled at 03:00 UTC December 25. USDT-margined Perpetual Swap for 1INCH will list at 02:30 UTC December 25..

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logfiles
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December 26, 2020, 06:47:28 PM
 #17

Interestingly, both Binance and OKex have listed 1INCH tokens on their platforms especially in futures contract. I am sure that for those people who are eligible from their airdrop had a very prosperous holidays. The price is currently having sideways though around 1.7 - 1.9 USD.
Thank you very much. I will try to keep an eye on the announcements much earlier next time.  I can see I missed that drop from the 2.8 region  Smiley
I am thinking of shorting even at the current price range, Will see how it goes through this weekend.

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December 26, 2020, 10:18:41 PM
 #18

I don't even know why I have never been so lucky with this governance token. First it was Uniswap which I missed, because of that I started swapping my ERC-20 on their platform thinking another freebie will happen. Now, it's 1inch that's doing another giveaway, it's painful though.
I have observed that the same scenario that happened to UniSwap  occurred again during 1inch token airdrop, Ethereum network becomes congested and the transaction fees has never been friendly, an average transaction has become something huge.
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December 26, 2020, 11:33:48 PM
 #19

I have been going a few traders that worth almost 1k dollars on 1 inch and got around 1.3k 1inch token a few days ago. It looks like there are so many people already claimed their reward. People are still using uniswap while 1nch can be an alternative swap to trade. This trend just likes gambling by the new platform and at least you must try to trade into the potential platform once in your life to make sure you will not lose it again soon. Cheesy

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December 26, 2020, 11:44:12 PM
 #20

I didn’t know that 1inch exchanges giving free airdrop for all wallets registered or for trade before 12/24/2020. Whereas before
that date I was going to trade there and already opened the platform, but because the fee is very  expensive, I did not so trade
on 1inch exchanges. It’s unfortunate. But the news didn’t spread too widely on Twitter, so I didn’t know it.

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