Frequently Asked Questions
Below are some of the most common questions and answers.
GNO is used for governance and staking within the Gnosis ecosystem, enabling users to participate in decision-making and earn rewards.
BNB is popular due to its utility in paying transaction fees, staking, and accessing a wide range of decentralized applications on the Binance Smart Chain.
Yes, GNO can be traded for BNB on supported exchanges that list this trading pair.
Holding BNB provides benefits such as reduced transaction fees, staking rewards, and access to exclusive features within the Binance ecosystem.
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.
