Question 1

What is the difference between ETH on BASE and ETH on ARB?

Accepted Answer

ETH on BASE operates on the BASE blockchain, while ETH on ARB is on the Arbitrum blockchain, which is a Layer 2 solution designed to improve Ethereum's scalability and reduce transaction costs.

Question 2

Can I transfer ETH between BASE and ARB blockchains?

Accepted Answer

Yes, you can transfer ETH between BASE and ARB blockchains using a bridge, but ensure you follow the correct steps to avoid losing funds.

Question 3

Why should I trade ETH on ARB instead of BASE?

Accepted Answer

ETH on ARB offers faster transactions and lower fees due to Arbitrum's Layer 2 scaling, making it more cost-effective for frequent trading and DeFi activities.

Question 4

Is ETH on BASE and ARB the same asset?

Accepted Answer

Yes, ETH on both blockchains represents the same underlying asset, but they operate on different networks with distinct transaction speeds and fee structures.

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 Base to ETH Arbitrum

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