Swap COMP Ethereum to ETH Ethereum
Description
COMP, the governance token of the Compound protocol, enables decentralized decision-making and rewards users for participating in the lending and borrowing ecosystem. Its integration with Ethereum ensures seamless interoperability and access to a wide range of DeFi applications. ETH, the native cryptocurrency of the Ethereum blockchain, powers smart contracts, decentralized applications, and serves as a foundational asset in the crypto ecosystem. Its widespread adoption and utility make it a cornerstone for trading, staking, and decentralized finance.
100% Decentralized — No KYC, Ever
Description
COMP, the governance token of the Compound protocol, enables decentralized decision-making and rewards users for participating in the lending and borrowing ecosystem. Its integration with Ethereum ensures seamless interoperability and access to a wide range of DeFi applications. ETH, the native cryptocurrency of the Ethereum blockchain, powers smart contracts, decentralized applications, and serves as a foundational asset in the crypto ecosystem. Its widespread adoption and utility make it a cornerstone for trading, staking, and decentralized finance.
100% Decentralized — No KYC, Ever
Frequently Asked Questions
Below are some of the most common questions and answers.
COMP is used for governance in the Compound protocol, allowing holders to vote on proposals and participate in the decentralized decision-making process.
ETH is essential for powering smart contracts, decentralized applications, and transactions on the Ethereum network, making it a foundational asset in the blockchain ecosystem.
ETH can be staked to secure the Ethereum network and earn rewards, while COMP is not staked but used for governance and earning rewards through participation in the Compound protocol.
The COMP/ETH pair allows users to trade between a governance token and a foundational crypto asset, providing opportunities for diversification and participation in both DeFi and broader blockchain ecosystems.
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.
