Question 1

What is the ARB blockchain?

Accepted Answer

The ARB blockchain, or Arbitrum, is a Layer 2 scaling solution for Ethereum, designed to enhance transaction speed and reduce costs while maintaining Ethereum's security.

Question 2

Why is ETH popular on Arbitrum?

Accepted Answer

ETH is popular on Arbitrum due to its ability to leverage Ethereum's security while benefiting from faster and cheaper transactions enabled by Layer 2 scaling.

Question 3

What makes SOL a strong buy asset?

Accepted Answer

SOL is a strong buy asset due to its high transaction throughput, low fees, and growing ecosystem of decentralized applications and projects.

Question 4

Can I use SOL for DeFi applications?

Accepted Answer

Yes, SOL is widely used in DeFi applications, offering fast and cost-effective transactions, making it a preferred choice for decentralized finance platforms.

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 SOL Solana

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