Frequently Asked Questions
Below are some of the most common questions and answers.
DYDX is used for governance, fee discounts, and staking on the dYdX decentralized exchange platform.
RUNE is unique for its role in enabling cross-chain liquidity and decentralized swaps without relying on centralized intermediaries.
Yes, DYDX can be staked to participate in governance and earn rewards on the dYdX platform.
RUNE acts as the settlement asset in THORChain, allowing users to swap assets across different blockchains securely and efficiently.
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.
