Frequently Asked Questions
Below are some of the most common questions and answers.
BLUR is primarily used for governance and earning rewards within NFT marketplaces on the Ethereum blockchain.
BNB is popular due to its utility in paying transaction fees, staking, and accessing decentralized applications on the Binance Smart Chain.
No, BLUR is not designed for staking; it is used for governance and rewards in NFT marketplaces.
Holding BNB provides benefits like reduced transaction fees, staking rewards, and access to exclusive features on the Binance ecosystem.
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.
