Question 1

What is the ARB blockchain?

Accepted Answer

The ARB blockchain is a layer-2 scaling solution for Ethereum, designed to enhance transaction speed and reduce fees while maintaining security.

Question 2

Why trade ETH for ATOM?

Accepted Answer

Trading ETH for ATOM allows users to diversify into a token focused on blockchain interoperability and cross-chain functionality, expanding their portfolio's utility.

Question 3

What are the use cases of ATOM?

Accepted Answer

ATOM is used for staking, governance, and facilitating cross-chain transactions within the Cosmos network, making it essential for decentralized applications and inter-blockchain communication.

Question 4

Is ETH on ARB different from ETH on Ethereum?

Accepted Answer

ETH on ARB is the same asset as ETH on Ethereum, but it benefits from ARB's layer-2 scaling, offering faster and cheaper transactions.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

No, Instaswap does not require KYC (Know Your Customer) for any swap amount or pair. However, we employ an advanced KYT system powered by a trusted third-party partner. This system automatically checks wallet addresses involved in transactions, ensuring they haven’t previously been flagged for illicit activities, keeping your swaps safe, secure, and private.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

Yes, Instaswap is fully decentralized (DEX), meaning all transactions occur directly on the blockchain without centralized intermediaries. We do NOT offer centralized exchange (CEX) swaps, and your funds always remain fully under your control through our non-custodial platform.

Swap ETH Arbitrum to ATOM (Cosmos)

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