Coinsquare Capital Markets Ltd. (“Bitbuiy”) is offering crypto contracts to purchase and sell 1INCH in reliance on a prospectus exemption granted by the Canadian Securities Administrators (CSA) in the amended and restated exemptive relief decision dated October 11, 2024. The statutory rights of action for damages and the right of rescission in section 130.1 of the Securities Act (Ontario) and similar legislation in the other CSA jurisdictions do not apply in respect of a misrepresentation in this statement to the extent that a crypto contract is distributed under the above-noted prospectus relief.
No securities regulatory authority in Canada or any other jurisdiction has expressed an opinion about any of the crypto assets (or crypto contracts) that are available through Bitbuiy’s platform, including an opinion that the crypto assets are not themselves securities and/or derivatives.
Bitbuiy has compiled the information contained in this Crypto Asset Statement to the best of its ability based on publicly available information.
About 1INCH
1INCH is the governance token of the 1INCH DAO, which governs the 1Inch Network.1 The 1Inch Network is a collection of financial protocols that are related and aim to improve finance-focused dApps. 1Inch Network was initially a protocol which aggregated exchange data from various DeFi exchanges, allowing users to find the most favourable venue for their execution. 1Inch also has liquidity protocol, which is an automated market maker (AMM) that aims to allow users to reduce slippage in trading and protect them from front-running. 1Inch offers a flexible limit order protocol that can be utilized by dApp creators across a wide range of networks, including Ethereum, BNB Chain, Polygon, Arbitrum, Optimism, Base, and Avalanche, to integrate limit order functionality into their decentralized applications. 1Inch provides a portfolio tracking protocol that enables the comprehensive tracking of assets across multiple wallets and various blockchains. Additionally, 1INCH tokens can be staked within the 1Inch Fusion protocol. This protocol integrates several 1Inch technologies to facilitate a decentralized exchange (DEX) swap service designed to protect users from maximum-extractable value (MEV) attacks while aiming for optimal execution through an extended execution period mechanism.
Risks
As with all assets, investing in 1INCH is not without some general risks. All of the risks of trading and staking crypto that are identified and explained in our Risk Statement apply to 1INCH.
In addition to the general risks, we outline some risks that are specific to 1INCH below. While we make an effort to identify every source of risk, we encourage you to do your own research and ensure you are comfortable investing in 1INCH.
1INCH reliance on the Ethereum Network
Coinsqaure only supports 1INCH as an ERC20 token on the Ethereum network, therefore it is highly dependent on the continued stability of that network. Any fundamental issues in the Ethereum network may impact 1INCH’s smart contract or token value. Investors should consider this dependency, and the Ethereum network’s history with respect to stability, when evaluating 1INCH.
Concentration of 1INCH tokens with Core Contributors
At the launch of the 1INCH token, 22.5% of the total supply was allocated to “Core Contributors” under a 4-year vesting schedule. As the token was initially released in December 2020, this allocation has fully vested as of the end of 2024 and is now liquid. Investors should consider the implications of large token concentrations being held by a small group when evaluating 1INCH, particularly regarding the potential for market volatility resulting from these liquid holdings. Investors should consider the implications of large token concentrations being held by a small group when evaluating 1INCH, with respect to the potential for a large liquidity event upon the completion of the vesting period.
1INCH "clone” sites, impersonators and scams
1INCH holders and 1Inch Network users have been the targets of various scam attempts since the network's inception. In some cases, impersonator (“clone”) websites have been created with similar urls to true 1Inch Network products and have attempted to fool network users into clicking on the link to the clone site, where mechanisms exist to steal tokens from connected wallets. Additionally, as 1INCH was distributed to the public through airdrops, there have been attempts at fake airdrop or giveaway scams where a scammer tries to get users to click on a link to sign up for an airdrop, where the scammer deploys a smart contract in the user’s wallet which gives the scammer the ability to transfer funds out of the wallet. Investors should consider these potential scams and the potential affect on the market perception of 1INCH.
To be made available for trading on Bitbuy’s platform, a digital asset must pass the following due diligence reviews:
Bitbuy undertakes these three levels of due diligence in order to determine whether the digital asset is compliant with our legal and regulatory obligations, is secure, and has historical data supporting a beneficial business case. Bitbuy’s New Product Committee must provide final approval for a new digital asset to be made available on the platform.
1INCH Twitter: https://twitter.com/1inch
Last updated: March 24, 2026.
