Frequently Asked Questions
Below are some of the most common questions and answers.
AUCTION is primarily used to participate in and govern decentralized auction platforms, enabling users to bid on digital assets securely and transparently.
ETH on the BASE blockchain benefits from lower transaction fees and faster processing times, making it ideal for DeFi and NFT transactions.
AUCTION is currently built on the ETH blockchain and is not natively compatible with other blockchains without bridging solutions.
ETH's strength lies in its extensive use cases, including smart contracts, DeFi, and NFTs, backed by a large and active developer community.
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.
