Frequently Asked Questions
Below are some of the most common questions and answers.
BTT is used for transactions, staking, and powering decentralized applications, particularly in the file-sharing and content distribution space.
RUNE acts as the backbone of THORChain, enabling decentralized liquidity pools and cross-chain swaps without the need for centralized exchanges.
Yes, both BTT and RUNE support staking, allowing users to earn rewards by participating in network security and liquidity provision.
Trading BTT for RUNE allows users to diversify their portfolio, access cross-chain liquidity, and participate in the growing THORChain ecosystem.
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.
