Question 1

What is FDUSD?

Accepted Answer

FDUSD is a stablecoin pegged to the US dollar, designed to provide stability and liquidity for trading and transactions on the ETH blockchain.

Question 2

Why trade ETH on the BASE blockchain?

Accepted Answer

ETH on the BASE blockchain offers fast, low-cost transactions and is integral to decentralized applications and DeFi platforms, making it a preferred choice for developers and traders.

Question 3

Is FDUSD secure?

Accepted Answer

Yes, FDUSD operates on the secure and transparent ETH blockchain, ensuring trust and reliability for users.

Question 4

What are the use cases for ETH on BASE?

Accepted Answer

ETH on BASE is used for smart contracts, decentralized finance (DeFi), NFTs, and as a medium of exchange within the BASE ecosystem.

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

Instaswap is a non-custodial DEX aggregator: swaps settle on-chain through decentralized liquidity protocols, and we do NOT offer centralized exchange (CEX) swaps, accounts or balances. Funds in transit move under predefined, non-discretionary rules, with your refund address fixed before you deposit.

Swap FDUSD (Ethereum) to ETH Base

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