Frequently Asked Questions
Below are some of the most common questions and answers.
GALA is used within the Gala Games ecosystem to purchase in-game assets, participate in governance, and earn rewards through gameplay.
BNB is popular due to its utility in paying transaction fees, staking for network security, and accessing a wide range of decentralized applications on the Binance Smart Chain.
Yes, GALA can be traded for BNB on supported exchanges that list this trading pair, enabling seamless swaps between the two assets.
Holding BNB provides benefits such as reduced transaction fees, access to exclusive token sales, and opportunities to earn rewards through staking and DeFi platforms.
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.
