Frequently Asked Questions
Below are some of the most common questions and answers.
AXL is designed for interoperability and secure transactions within decentralized applications on the ETH blockchain.
BNB is widely used for transaction fees, staking, and accessing services within the Binance ecosystem, making it highly versatile.
Yes, AXL can be traded for BNB on supported exchanges that list this trading pair.
Holding BNB provides benefits like reduced transaction fees, staking rewards, and access to exclusive Binance services.
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.
