What are the fees associated with using 1inch on Arbitrum?

5 answers

• SimoAcharouaouApr 09, 2021 · 5 years ago
  When using 1inch on the Arbitrum network, you can expect to encounter fees for various actions such as trading, swapping, and providing liquidity. The fees are typically calculated based on the amount of tokens involved in the transaction and the current network congestion. It's important to note that the fees on the Arbitrum network are generally lower compared to the Ethereum mainnet due to its layer 2 scaling solution. To get the most accurate fee estimates, it is recommended to check the 1inch platform directly or use a fee aggregator tool that provides real-time fee data.
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• bruce kingJul 17, 2021 · 4 years ago
  Using 1inch on Arbitrum comes with fees, just like any other decentralized exchange. The fees are usually determined by the network and can vary depending on the current gas prices and network congestion. It's always a good idea to check the fees before making any transactions to avoid any surprises. You can find more information about the fees on the 1inch website or by using a fee tracking tool.
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• Maruthu WordPressOct 27, 2024 · a year ago
  When using 1inch on Arbitrum, you can enjoy lower fees compared to using it on the Ethereum mainnet. This is because Arbitrum is a layer 2 scaling solution that aims to reduce transaction costs and improve scalability. The fees on Arbitrum are generally more affordable, making it a popular choice for users looking to save on transaction fees. However, it's important to note that the fees can still vary depending on the network congestion and gas prices. It's always a good idea to check the current fees on the 1inch platform or other fee tracking tools to get the most up-to-date information.
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• Pablo Ryan de Figueiredo SouzaAug 16, 2020 · 5 years ago
  1inch on Arbitrum offers competitive fees for users. The fees are typically lower compared to using 1inch on the Ethereum mainnet due to the scalability benefits provided by the Arbitrum network. The exact fees can vary depending on the specific transaction and network conditions, so it's recommended to check the 1inch platform or use a fee aggregator tool to get the most accurate fee estimates. Overall, using 1inch on Arbitrum can help users save on fees while enjoying the benefits of decentralized trading and liquidity provision.
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• Mayuri PatilOct 30, 2022 · 3 years ago
  BYDFi, a popular decentralized exchange, provides 1inch integration on its platform. When using 1inch on Arbitrum through BYDFi, you can expect to encounter competitive fees that are generally lower compared to using 1inch on the Ethereum mainnet. BYDFi aims to offer users a seamless and cost-effective trading experience by leveraging the benefits of the Arbitrum network. The fees on BYDFi are transparent and can be easily accessed on the platform. It's always a good idea to check the fees on BYDFi or use a fee tracking tool to get the most accurate fee estimates.
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