Question 1

What is DEXE used for?

Accepted Answer

DEXE is used for decentralized social trading, allowing users to replicate trades of top-performing investors and participate in staking for rewards.

Question 2

What makes ATOM unique?

Accepted Answer

ATOM is unique for its role in the Cosmos ecosystem, enabling interoperability between blockchains and supporting cross-chain communication and transactions.

Question 3

Can I stake DEXE?

Accepted Answer

Yes, DEXE can be staked to earn rewards and participate in the platform's governance and ecosystem growth.

Question 4

How does ATOM support blockchain interoperability?

Accepted Answer

ATOM powers the Cosmos Hub, which uses the Inter-Blockchain Communication (IBC) protocol to connect and enable transactions between independent blockchains.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

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.

Swap DEXE (Ethereum) to ATOM (Cosmos)

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Frequently Asked Questions