Frequently Asked Questions
Below are some of the most common questions and answers.
OP is primarily used for transaction fees, governance, and incentivizing network participation on the ARB blockchain.
BNB is popular due to its utility in reducing transaction fees, staking for rewards, and enabling access to various DeFi applications.
Yes, both OP and BNB can be staked to earn rewards, with BNB offering additional benefits like fee discounts and governance participation.
Yes, the OP/BNB pair is beginner-friendly, offering exposure to two established tokens with clear use cases and strong market presence.
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.
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.
