Frequently Asked Questions
Below are some of the most common questions and answers.
IMX is used for transactions, staking, and governance within the Immutable X ecosystem, enabling seamless NFT trading with zero gas fees.
AVAX offers fast transaction speeds, low fees, and high scalability, making it a preferred choice for DeFi and dApp development.
Yes, IMX tokens can be staked to earn rewards and participate in the governance of the Immutable X platform.
AVAX stands out due to its Avalanche consensus mechanism, which ensures high throughput, low latency, and energy efficiency.
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.
