One of the most outstanding news in recent hours is the recent incorporation of the Binance Smart Chain in the 1inch Exchange. We have known for some time that this DEX is widely used by a large number of users who seek to save commissions in token exchanges. That said, the best option is to partner with the BSC. We will have to see how this change feels.

First of all, you have to know that 1inch, at this very moment has no possibility of exchanging ERC-20 tokens for BEP20. You will have to use a bridge for this purpose like Safepal.

In the second instance, the announcement of this implementation has not yet spread through the network as it should, therefore, we will see how in the liquidity pools there is hardly any capital. Little by little it will go up.

The 1inch Yield Farming system is very similar to that of Pancakeswap, Bakeryswap or any platform that works in the BSC. We have to add liquidity to 50% of the selected tokens. One of the most important pools is 1inch / BNB.

I want to leave you a notice. These two assets are suffering a fairly strong decline, be very careful if you are going to enter. The BNB coin is much more volatile than 1inch, if it rises a lot in price and returns to its maximums it will leave you in losses, since the 1inch token is difficult to rise, also knowing the crisis that Ethereum is going through and the high competition you are encountering with Cardano, Polkadot, and Binance.

I understand that there is a lot of illusion with this matter but when these DEX make changes of this type it is because they need money, to make cash. Curiously, it coincides with the fall of Ethereum, with the rejection of 1inch and the success of the BSC. Everything smells of interest. It is logical and respectable but must be considered to protect our capital.

You are going to see how many YouTubers take advantage of this news to promote the Exchange and Farming but off-camera there will be people losing money non-stop. I also warn you that the commissions of the BSC are being appreciated by the imminent arrival of new investors. This party can explode.

Remember one of Warren Buffet's most important lessons:

When you find out that the shoe shiner is investing money in the same place as you, get out of there immediately.