Question 1

What is ARB used for?

Accepted Answer

ARB is primarily used for governance, staking, and participating in decentralized applications on the Ethereum blockchain.

Question 2

What makes ATOM unique?

Accepted Answer

ATOM is unique for its role in enabling interoperability between blockchains within the Cosmos ecosystem, facilitating secure and efficient cross-chain transactions.

Question 3

Can I stake ARB or ATOM?

Accepted Answer

Yes, both ARB and ATOM can be staked to earn rewards, with ARB supporting Ethereum-based staking and ATOM used for securing the Cosmos network.

Question 4

How do I trade ARB for ATOM?

Accepted Answer

You can trade ARB for ATOM on supported decentralized exchanges or platforms that list this trading pair, ensuring you have compatible wallets for both assets.

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 ARB (Ethereum) to ATOM (Cosmos)

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Frequently Asked Questions