Question 1

What is ETH on the ARB blockchain?

Accepted Answer

ETH on the ARB blockchain is Ethereum's native token, optimized for scalability and lower transaction fees, making it ideal for DeFi and NFT applications.

Question 2

What is RUNE used for on the THOR blockchain?

Accepted Answer

RUNE is the native token of THORChain, facilitating decentralized cross-chain swaps and providing liquidity for a wide range of assets.

Question 3

Why trade ETH for RUNE?

Accepted Answer

Trading ETH for RUNE allows users to access THORChain's cross-chain liquidity and participate in decentralized trading across multiple blockchains.

Question 4

Is RUNE a good investment?

Accepted Answer

RUNE's value is tied to the growth of THORChain's ecosystem, making it a promising option for those interested in decentralized finance and cross-chain interoperability.

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 RUNE (Thorchain)

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Frequently Asked Questions