Frequently Asked Questions

Below are some of the most common questions and answers.

AUCTION is primarily used for participating in decentralized auctions, governance, and incentivizing platform users.

BNB is popular due to its utility in paying transaction fees, staking for rewards, and accessing a wide range of DeFi applications.

Yes, AUCTION can be traded for BNB on supported exchanges that list this trading pair.

Holding BNB provides benefits such as reduced trading fees on Binance, staking rewards, and access to exclusive token sales.

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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