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1inch Wallet vs Ownbit

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

1inch Wallet4.3/5
VS
Ownbit3.7/5
Feature
1inch WalletVisit
OwnbitVisit
Ratings
Our score4.3/53.7/5
User ratingNo reviews yetNo reviews yet
Security4.03.0
Ease of use4.53.5
Chain support4.54.5
Features4.54.0
Privacy4.04.0
Specs
KYC required No No
Wallet typeMobileMobile
CustodySelf-custodialSelf-custodial
ChainsEthereum, BNB Chain, Polygon, Optimism, Arbitrum, Base, Avalanche, Solana, OtherBitcoin, Ethereum, Solana, BNB Chain, Optimism, Tron, Other
PlatformsiOS, AndroidiOS, Android
Open sourceNot disclosed No
Hardware wallet support Yes No
In-app swaps Yes Yes
Staking YesNot disclosed
NFT supportNot disclosed Yes
WalletConnect Yes Yes
Security featuresMEV protection, Encrypted file backup, Cloud backup, Hardware wallet integrationAir-gapped QR signing, Multi-signature (m-of-n), Biometric authentication (Face ID), Local key encryption, BIP39 recovery phrase
Recovery without a seed phrase No No
Passkey loginNot disclosed No
MultisigNot disclosed Yes
Built-in dApp browser Yes Yes
Perpetuals tradingNot disclosed No
Company
Founded20192018
Headquarters—Singapore
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
  • Eliminates dedicated hardware wallet costs by using offline smartphones as air-gapped signers
  • Self-custodial keys remain encrypted locally without central server custody
  • Supports native multisig on Bitcoin, XRP Ledger, and Stellar without third-party smart contracts
  • No identity verification or account KYC required to set up wallets
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  • March 2025 exploit on an outdated Fusion parser drained $5 million from resolvers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 commercial third-party security audits completed for application code
  • Advanced multisig tiers require annual subscriptions ranging from $69 to $599
  • Forgotten wallet passwords cannot be recovered without an offline seed phrase backup
  • Desktop and browser extension interfaces are unavailable
Best forActive multichain DeFi traders, Mobile users swapping across networks, Traders wanting integrated MEV protectionTeams managing multi-signature treasury assets, Users creating air-gapped phone cold storage, Self-custody setups requiring no KYC

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.