1inch Wallet vs AnkerPay

How 1inch Wallet vs AnkerPay compare on our ratings, wallet specs, funding, pros and cons.

VS
Feature
Ratings
Our score4.3/53.0/5
User ratingNo reviews yetNo reviews yet
Security4.03.0
Ease of use4.53.5
Chain support4.52.5
Features4.53.0
Privacy4.03.0
Specs
KYC required NoNot disclosed
Wallet typeMobileMobile, Desktop
CustodySelf-custodialSelf-custodial
ChainsEthereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, OtherBitcoin, Ethereum, Solana, BNB Chain, Polygon, Tron, Other
PlatformsiOS, AndroidAndroid, iOS, Windows, macOS
Hardware wallet support YesNot disclosed
In-app swaps Yes Yes
Staking Yes No
Buy crypto in appNot disclosed Yes
WalletConnect YesNot disclosed
Security featuresMEV protection, Encrypted file backup, Cloud backup, Hardware wallet integrationSPV verification, Private key export
Recovery without a seed phrase NoNot disclosed
Built-in dApp browser YesNot disclosed
Company
Founded2019—
Headquarters—South Africa
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Native swaps across 18+ blockchains without routing through third-party bridges
  • Self-custodial architecture requiring no identity verification or KYC
  • Zero gas fees available on supported swap modes
  • Hardware wallet pairing supported through Ledger devices
  • Lightweight SPV architecture keeps mobile storage use minimal
  • Direct compatibility with physical AnkerATMs across South Africa
  • Self-custodial key storage preserves user control of assets
  • In-app token swaps through AnkerSwap
Cons
  • No native desktop application available
  • March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers
  • Unbacked private keys cannot be recovered if device access is lost
  • No built-in staking or passive yield earning features
  • Cash settlement is available in South African Rand through the regional ATM and POS network
Best forActive multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protectionSouth African crypto retail users, Traders using physical Bitcoin ATMs, Holders of UTXO payment coins

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