1inch exchange vs Bitbns: Fees, Security, Features & Which to Choose (2025)

Trying to choose between 1inch exchange and Bitbns This side-by-side comparison reveals total cost (fees + spreads), security & licenses, coins/derivatives, deposits/withdrawals, and app quality. In 2 minutes you’ll see who wins for beginners, active traders, and long-term holders. Clear pros/cons, a quick verdict, and safe links to get started.

Last updated on September 13, 2025

1inch exchange

Bitbns

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Available Countries

United States

Europe

Yes

Latin America

Yes

India

Yes

China

Canada

Yes

United Kingdom

Yes

United States

Yes

Europe

Yes

Latin America

Yes

India

China

Yes

Canada

Yes

United Kingdom

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1inch exchange is ideal if:

Aggregated DEX routing: Seamlessly taps into multiple decentralized exchanges in real time to continuously seek the most efficient swap paths, helping you minimize slippage and achieve better price execution.
Advanced swap engine (Fusion/Fusion+): Provides gas optimization, front-running protection, and even gasless swap functionality—all designed to shield your trades and streamline execution.
Broad multi-chain access with advanced tools: Supports numerous blockchains and combines features like limit orders, a built-in wallet, and non-custodial governance mechanisms to offer both flexibility and control.

Bitbns is ideal if:

Best for exploring diverse altcoins — If you're looking to access both mainstream and niche cryptocurrencies with ease, Bitbns offers a standout range that supports broad portfolio experimentation.
Great for building passive income — Offers features like staking, crypto-backed loans, and systematic purchasing plans for growing your holdings over time without day-to-day trading.
Ideal for beginners in accessible markets — Its intuitive interface, learning materials, and support across multiple fiat channels make Bitbns particularly beginner-friendly—especially in Asia.

1inch exchange isn’t ideal if:

No fiat on-ramp available: You must already own cryptocurrency to use the platform, as it doesn’t allow direct fiat-to-crypto purchases via credit cards or bank transfers.
Steep learning curve for newcomers: Its advanced routing, multi-chain options, and DeFi tools can feel overwhelming if you're just starting out.
Subtle centralization elements: Some decisions and protocol updates are still managed by the founding team, which may raise concerns for users seeking full decentralization.

Bitbns isn’t ideal if:

If you require fast, reliable withdrawals — Users have reported cases of prolonged pending withdrawals or frozen funds, raising concerns around liquidity and operational consistency.
If you prioritize strong international regulation — Regulatory clarity and oversight are limited outside of India, which could be a red flag for risk-conscious, globally-based users.
If you need responsive customer support — Multiple users, especially abroad, mention delays or difficulty in getting support, particularly for account issues or fund access.

Fees & Total Costs

Spot Maker/Take

1inch itself does not impose maker or taker fees on spot trades—instead, those fees are baked into the price you see and vary depending on the decentralized liquidity sources it pulls from, such as Uniswap or Balancer, each with their own fee tiers. There’s no volume-based fee structure directly on 1inch, nor token-based discounts to lower these costs.

Makers and takers both start at around 0.25%, but you can unlock lower rates—down to approximately 0.03%—if you reach high monthly trading volumes and hold enough BNS tokens while using the “Pay with BNS” option.

Futures/Derivatives

1inch primarily functions as a DEX aggregator and doesn’t offer native futures or derivatives trading, so maker/taker fee tiers and funding rates are not applicable within its ecosystem.

Bitbns currently offers an introductory futures fee of 0.1% for both makers and takers, but there’s limited transparency on ongoing funding rates or dynamic adjustments for hedging, so derivatives cost structure may evolve.

Average Spreads on Liquid Pairs

As a decentralized aggregator, 1inch doesn’t publicly publish average spreads, since spread values dynamically depend on the liquidity depth across multiple sources and real-time routing, making them variable and not standardized in platform documentation.

While Bitbns doesn’t publish exact spread percentages, markets like BTC/USDT and ETH/USDT—given sufficient liquidity—are expected to have spreads comparable to global averages, often hovering within a hundredth to a few tenths of a percent.

Fiat Deposits & Withdrawals

1inch does not support direct fiat deposits or withdrawals—you need to use an external exchange or service to convert fiat to crypto before transferring funds to 1inch; hence, method options, fees, and processing times depend entirely on that external provider.

You can deposit and withdraw INR via bank transfers (NEFT/IMPS), UPI, or P2P—with deposits typically free and withdrawals mostly quick—though some express options (like instant transfers) may carry small surcharges and slightly faster processing.

On-chain Withdrawals

1inch does not charge withdrawal fees; you only pay the dynamic network (gas) fees required by each blockchain, which vary by network (e.g., Ethereum, Binance Smart Chain, Polygon) and are not set by 1inch itself.

Withdrawal fees depend on the specific asset and blockchain; for example, BTC withdrawals cost around 0.0005 BTC, while others like ETH or TRX have their own fixed rates—generally lower than industry norms, with no dynamic gas-based markups.

Hidden Costs

There are no hidden platform costs like currency conversion charges, inactivity penalties, or speedy KYC fees, as 1inch is non-custodial and does not manage fiat or user funds directly—your only costs are visible swap pricing and network gas.

Bitbns avoids most sneaky charges—there’s no inactivity fee, minimal conversion impacts, and instant KYC services may be offered but don’t carry recurring fees—making the overall cost structure transparent.

Real-World Cost Example: “€500 BTC

Since 1inch doesn’t accept fiat and embeds swap fees in its quoted price, you’d need to first convert your €500 to crypto on another platform (incurring any fiat-related fees and spread there), then swap that crypto to BTC via 1inch (price includes underlying DEX fees), and finally withdraw on-chain, paying network gas—making the practical steps and costs vary depending on which fiat-to-crypto provider and network you use.

If you spent €500 to buy BTC, your cost would include the spot fee (roughly 0.25%), a small bid-ask spread, and possibly a one-time withdrawal fee (for instance, 0.0005 BTC). The total cost remains modest while the fee structure stays predictable and evergreen.

Crypto Offering & Trading Features

Number of Coins & Pairs

1inch aggregates a broad range of tokens across multiple chains—hundreds of crypto assets are available for swaps, although no fixed total or “top-20 pairs by volume” is published on-site.

Bitbns currently lists around 483 cryptocurrencies and approximately 191 trading pairs; its top 20 by volume also emphasize high-liquidity tokens like BTC, ETH, BNB, XRP, and SOL, reflecting mainstream interest and active trading depth.

Product Range

1inch specializes in spot swaps via its DEX aggregator and supports staking of its token but does not offer margin, perpetuals, options, ETFs, lending, copy-trading, grid bots, or automatic DCA features.

The platform supports spot and margin trading, offers systematic purchase tools like SIP and fixed deposits (Bitdroplet, Ascent), APIs for algorithmic strategies, and features like bracket orders, but doesn’t currently provide formal futures, options, ETFs, copy trading, DCA bots, or DeFi yield products.

Liquidity

While exact figures aren’t listed, 1inch routes trades through deep liquidity pools across DEXs and on peak days handles multi-billion-dollar trading volumes—ensuring sufficient liquidity and execution depth for major assets like BTC or ETH.

Average 24-hour spot volume fluctuates around USD 1–2 million, with ETH/INR and BTC/INR among the most active pairs, while order book depth for these pairs remains modest compared to global giants—indicating sufficient retail liquidity but limited institutional-scale depth.

Tools

The platform offers on-chain limit orders, RFQ functionality, Fusion mode for gas-efficient swaps, and API access; however, it lacks native advanced charting tools, alerts, OCO, or built-in TradingView interfaces.

Bitbns supports limit, stop-limit, and advanced bracket (OCO-style) orders, offers real-time alerts and charting tools within its interface, and provides API access for external automation, though it does not include embedded TradingView or WebSocket charting out-of-the-box.

Geographic Restrictions by Product

1inch is available globally with no region-based restrictions on its decentralized tools—derivative-like features simply don’t exist on the platform, so there’s no regional limitation for unavailable products.

While spot trading is broadly accessible, certain advanced features like margin or fixed-savings may be limited in specific regions due to regulatory constraints—especially for users outside India, though exact restrictions depend on local laws.

Innovation

1inch drives innovation with its Fusion swaps (gas-saving mode), limit-order automation, and staking/delegation model featuring “Unicorn Power,” but it doesn’t offer launchpads, flexible vs locked earn products, or similar launchpool mechanisms.

Bitbns brings innovation through features like fixed-deposit products (Bitdroplet, Ascent) and systematic investment plans, but it doesn’t currently host a launchpad or launchpool for new tokens, nor does it differentiate between flexible and locked earn tiers.

Security, Regulation & Custody

Operating Entity & Jurisdiction

1inch Network is operated by 1inch Labs, founded in May 2019 and headquartered in the United States, though governance is decentralized through its DAO.

Bitbns operates under Buyhatke Internet Private Limited, legally incorporated around 2015 with its platform launched in December 2017, and it’s headquartered in Bengaluru, India—placing it firmly within Indian jurisdiction.

Licenses/Registration

The platform isn’t a centrally licensed exchange—there’s no VASP or EU MiCA registration; instead, it’s governed by a DeFi-oriented self-regulation framework with audit and compliance standards.

As of now, Bitbns does not appear to hold explicitly designated crypto-licenses like VASP or MiCA registration, and it operates under the evolving regulatory framework in India without formal licensing akin to European or global standards.

Custody

1inch is completely non-custodial—users manage their own funds. It hasn’t published third-party proof-of-reserves reports, though it is working toward self-regulation tools including reserve transparency.

The exchange manages custody internally, employing a mix of hot and cold storage, but it does not publish any Proof-of-Reserves or independent audit data detailing cold-wallet holdings or reserve coverage, limiting external verification.

Insurance & Protection Funds

There’s no dedicated insurance or protection fund covering user assets, as the platform relies on its decentralized, audited smart-contract architecture rather than custodial safeguards.

There’s no public record of insurance policies or user-protection funds backing customer assets on Bitbns, suggesting assets rely on operational safeguards rather than dedicated financial buffers.

Incident History

A notable security event involved a March 2025 exploit that targeted deprecated Fusion v1 third-party resolvers, resulting in a ~$5 million loss, though most funds were recovered after negotiations.

Bitbns has faced scrutiny for a cyber-incident in early 2022 that led to extended withdrawal freezes; this prompted a legal petition in India’s Delhi High Court seeking investigation into the handling of funds and transparency during that period.

Risk Controls

1inch employs robust protections—real-time AML screening, address blocklists, non-upgradable contracts, dApp simulations, geofencing, and resolver whitelists enhance safety and reduce fraud risk.

The platform supports standard security features such as two-factor authentication, likely uses encryption for account safety, and offers API access, though details on whitelists, anti-phishing tools, sub-accounts, or granular API permissions remain unclear or limited in scope.

Transparency

While there are no formal monthly reports or SLAs published, 1inch’s smart contracts and security framework are thoroughly audited and documented, and it has introduced a self-regulation initiative for improved transparency.

Bitbns does not publish regular proof-of-reserves reports, wallet addresses, or SLA metrics publicly, and while it provides some training and documentation, its external transparency regarding audits, operational standards, or public asset reporting is minimal.

Deposits, Withdrawals, KYC & Support

Fiat Deposit Methods

1inch Wallet enables fiat-to-crypto purchases via top-tier providers like Banxa, MoonPay, Sardine, Mercuryo, Transak, Stripe, and Ramp—offering card, bank transfer, and local payment options; minimums, maximums, and processing times vary per provider and region.

Users can deposit Indian Rupees via UPI, NEFT, IMPS, or RTGS bank transfers, with a minimum deposit of around ₹100 and a high daily limit; processing times align with standard banking protocols (usually minutes to a few hours depending on the method and bank).

Supported Fiat Currencies & Conversion

KYC (Verification Levels)

The wallet relies on integrated fiat-on-ramp providers to handle KYC—there’s no platform-level tiering; purchase limits and verification requirements depend on the chosen provider’s policies.

A valid national ID (like PAN, Aadhaar, passport) and bank account linkage are required to complete full KYC; trading and fiat withdrawals aren’t possible without verification.

Withdrawals

Limits, Times, Networks

Crypto withdrawals are generally unlimited per policy for cryptocurrencies, but INR withdrawals are capped (e.g., ₹25 lakh per day), and completion time varies by network congestion; supported fiat networks include Indian domestic banking rails only.

Customer Support

The platform offers 24/7 in-app chat support, email contact options via its help center, and a comprehensive knowledge base with guides and troubleshooting articles.

Support is available 24/7 via a ticketing system (email-based), and users also benefit from FAQs and knowledge base; however, response speeds vary, with some user feedback highlighting slower resolution in complex cases.

Languages & Localization

The developer portal and support interface currently operate in English only, though the Card interface includes localized language support via its issuing partners; fiat amounts are displayed depending on your currency selection but no full Spanish-native interface exists.

The platform is fully localized for Indian users (INR-denominated, English- and Hindi-friendly), showing fiat amounts in INR by default; international regulations or multi-currency displays are not implemented.

App Quality & Stability

The 1inch Wallet shows a sleek, intuitive interface with frequent updates, Fusion mode enhancements, and robust security features—while occasional crash reports exist, the app remains generally stable and well-optimized across Android and iOS.

Bitbns offers native Android and iOS apps alongside a web platform; user feedback notes a user-friendly experience but also occasional glitches, login issues, and withdrawal delays on the mobile app.

Experience, Performance & Ecosystem

UX/UI

The 1inch Wallet delivers a polished, intuitive interface praised for outperforming competitor wallets while remaining accessible to both newcomers and seasoned DeFi users. Although there’s no explicit “Lite” or “Pro” mode, its design balances simplicity and depth—favorites, all-networks view, and QR-based actions keep navigation smooth while advanced features remain within reach.

Bitbns delivers a clean, intuitive interface that’s gentle enough for newcomers but lacks a structured “Lite vs Pro” mode tier, instead favoring a unified experience where users gradually adapt to its functionality without mode switching.

Performance

Order execution in 1inch is impressively fast, thanks to its intelligent routing system, and it handles peaks in volatility with reliable stability. Built-in features like canceling or accelerating transactions further ensure resilience—there are no widespread reports of app or KYC delays even during high-traffic bull market periods.

Order execution feels responsive under normal market conditions, though some users note slower responsiveness or minor lag during high volatility or trading surges—especially when KYC backlogs spike during bull markets.

Education

While 1inch lacks a formal academy, demo environment, or Spanish-language tutorial series, it’s rich in practical guidance via its Help Center, blog posts, and built-in quick tips within the app—as well as “Pro Tips” playlists—designed to help users learn on the go.

While Bitbns provides platform guidance, FAQs, and basic blog content, it doesn’t offer a dedicated crypto academy, trading simulator, demo account, or Spanish-language education materials—making self-directed learning a must.

Community

The platform supports an active ecosystem with official channels on Discord, Telegram, Reddit, and a functional referral system, fostering an engaged user base—even if it doesn’t yet host its own formal forum or AMA events.

The platform supports a growing user base through referral programs and occasional contests, but lacks an official Discord or actively maintained community forum—even though there are unofficial Telegram groups and social media presence.

Integrations

1inch excels in Web3 integration, allowing seamless dApp connectivity via WalletConnect and Ledger hardware; however, it does not currently embed TradingView, tax tools, external bots, or accounting features directly into its wallet—signal potential for future expansion.

Bitbns doesn’t embed TradingView charting or allow external bot connections; nor does it offer built-in tax tools or accounting integrations—leaving such needs to third-party solutions that users must integrate manually.

Who Each One Is Best For

The wallet is best suited for users who value a sleek, secure DeFi experience across chains, including budget-conscious DeFi explorers and power users needing advanced routing—while newcomers benefit from its intuitive design, though those seeking built-in educational modules or portfolio tools may have a slight learning curve.

Bitbns suits Indian-based traders who value a straightforward interface, INR accessibility, and moderate-feature richness—but may feel restrictive for users seeking advanced UI flexibility, simulation, or integrated ecosystem tools.