Frequently Asked Questions
Below are some of the most common questions and answers.
ENA is primarily used within decentralized applications and smart contracts on the Ethereum blockchain, providing utility in DeFi ecosystems.
ATOM is valuable because it facilitates interoperability between blockchains, enabling seamless communication and data transfer across the Cosmos network.
ENA is not typically staked, as it is designed for utility within Ethereum-based applications rather than staking mechanisms.
ATOM supports cross-chain transactions through the Cosmos SDK and Inter-Blockchain Communication (IBC) protocol, allowing different blockchains to interact securely.
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.
