Question 1

What is the OP token used for?

Accepted Answer

OP is used for governance, transaction fees, and incentivizing participation in the Optimism ecosystem on the ARB blockchain.

Question 2

Why is ETH considered a strong buy asset?

Accepted Answer

ETH is a cornerstone of the crypto market, powering decentralized applications, smart contracts, and serving as a store of value in the blockchain space.

Question 3

Can I trade OP for ETH directly?

Accepted Answer

Yes, OP can be traded for ETH on supported exchanges, enabling seamless conversion between the two assets.

Question 4

What are the benefits of trading OP/ETH?

Accepted Answer

Trading OP/ETH allows users to leverage the scalability of Optimism while accessing the liquidity and utility of Ethereum's ecosystem.

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 OP (Arbitrum) to ETH (Ethereum)

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Frequently Asked Questions