Frequently Asked Questions

Below are some of the most common questions and answers.

BNX is used for in-game purchases, governance voting, and staking within the BinaryX ecosystem on the BSC blockchain.

BCH is preferred for transactions due to its low fees, fast processing times, and scalability, making it suitable for everyday use.

Yes, BNX can be staked to earn rewards and participate in the governance of the BinaryX platform.

Yes, BCH is compatible with most Bitcoin wallets, but ensure the wallet supports Bitcoin Cash to avoid errors.

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.

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