Question 1

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

Accepted Answer

ETH on BASE is a bridged version of Ethereum, optimized for faster and cheaper transactions, while ETH on ETH is the native token used for gas fees and smart contracts on the Ethereum mainnet.

Question 2

Can I transfer ETH between BASE and ETH blockchains?

Accepted Answer

Yes, you can transfer ETH between BASE and ETH blockchains using a bridge, but ensure you understand the fees and processing times involved.

Question 3

Why should I trade ETH on BASE?

Accepted Answer

Trading ETH on BASE offers lower transaction costs and faster processing times, making it suitable for high-frequency trading and decentralized applications.

Question 4

Is ETH on ETH still relevant with the rise of Layer 2 solutions?

Accepted Answer

Yes, ETH on ETH remains crucial as it underpins the Ethereum ecosystem, including Layer 2 solutions, and is essential for staking, governance, and network security.

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 (Ethereum)

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Frequently Asked Questions