Frequently Asked Questions

Below are some of the most common questions and answers.

AUCTION is used for participating in decentralized auctions, enabling users to bid on digital assets securely and transparently on the ETH blockchain.

RUNE is unique for its role in THORChain, facilitating cross-chain liquidity and decentralized trading without the need for intermediaries.

Yes, you can trade AUCTION for RUNE directly on supported decentralized exchanges that list this trading pair.

RUNE's value is tied to the growth of THORChain's ecosystem, making it a potential investment for those interested in cross-chain liquidity solutions.

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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