Frequently Asked Questions
Below are some of the most common questions and answers.
BNX is used for governance, in-game purchases, and staking within the BinaryX ecosystem on the BSC blockchain.
DASH is popular due to its focus on privacy, fast transaction speeds, and low fees, making it suitable for everyday use.
Yes, BNX can be staked to earn rewards and participate in the BinaryX ecosystem's governance.
DASH is considered a strong investment due to its established use cases, privacy features, and growing adoption in the payments space.
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.
