Frequently Asked Questions
Below are some of the most common questions and answers.
ENS is used to replace lengthy cryptocurrency wallet addresses with easy-to-remember names, improving user experience and transaction accuracy.
ETH on BASE provides faster and cheaper transactions compared to Ethereum mainnet, making it suitable for high-frequency trading and dApp interactions.
ENS simplifies sending and receiving crypto by using readable names instead of complex addresses, reducing errors and enhancing convenience.
BASE offers lower gas fees and higher transaction speeds, making it a cost-effective and efficient alternative for ETH-based activities.
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.
