Frequently Asked Questions

Below are some of the most common questions and answers.

COMP is used for governance and earning interest within the Compound protocol, allowing users to vote on proposals and participate in decentralized finance.

AVAX is known for its high throughput, low fees, and eco-friendly consensus mechanism, making it ideal for scalable decentralized applications.

Yes, COMP can be traded for AVAX on supported exchanges that list this trading pair, enabling seamless asset swaps.

AVAX offers faster transaction speeds, lower costs, and interoperability with Ethereum, making it a preferred choice for developers and users.

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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