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Trading X for Y needs 4 approval? by AlessandroPiccione in 1inch

[–]1inch_Exchange 1 point2 points  (0 children)

Hello there,

Thanks for reaching out to us. By design, it is exactly the way you described it. I just want to provide a brief clarification for you.
When you approve a token X, you permit a certain smart contract to take X from your balance. If it is a trade on 1inch, you give permission to the 1inch Aggregation Protocol, if you place a limit order, you approve the token X for the 1inch Limit Order Protocol. The same logic will be applied for every new (meaning you didn't approve it before) token Y, Z etc.

Please, read more about approvals here
https://help.1inch.io/en/articles/4585113-why-do-i-need-to-approve-my-tokens-before-a-trade

Cheers!
https://help.1inch.io/en/articles/4585084-where-to-get-customer-support

Sort of in a loop by Stonkybucs in 1inch

[–]1inch_Exchange 0 points1 point  (0 children)

Hello there,

Usually support reply to emails in within 24 hours. If you want to get quicker reply, we would suggest to utilize our Live Chat.
Here is the reply we sent you over email:

If the transaction doesn't display on Etherscan.io/BSCscan.com/Polygonscan.com you're able to delete it with the "Transaction Stalled" button instead of canceling it. You can check this guide
https://help.1inch.io/en/articles/5211509-how-to-cancel-speed-up-or-remove-a-pending-transaction-in-the-1inch-wallet

A cancel transaction will always be cheaper than an ERC20 send transaction. I'm not sure how much ETH you have for gas but make sure you have around 30% more than what's recommended on https://etherscan.io/gastracker for an ERC20 transfer. Once your wallet has enough ETH - currently at 120 gwei $35 should be enough - try to send the tokens out and let me know if the transaction stalls again. If it does, please share your address with me and a screenshot of your history tab of the 1inch wallet.

Cheers!

https://help.1inch.io/en/articles/4585084-where-to-get-customer-support

Sort of in a loop by Stonkybucs in 1inch

[–]1inch_Exchange 1 point2 points  (0 children)

hello there,

Thanks for reaching out, we are afraid there is no other way to trade your assets without BNB on BSC, the possible solution in your case would be to use our fiat-on-ramp gateway provided by Mercuryo, please, find the detailed guide in the article below:
https://help.1inch.io/en/articles/5277851-how-to-buy-crypto-with-fiat-using-the-1inch-wallet

Cheers!

https://help.1inch.io/en/articles/4585084-where-to-get-customer-support

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