Frequently Asked Questions

Below are some of the most common questions and answers.

IMX is primarily used for NFT trading, gaming, and staking on the Immutable X platform, offering gas-free transactions and scalability.

DOT enables interoperability between blockchains, allowing secure data and asset transfers across different networks within the Polkadot ecosystem.

Yes, IMX can be staked to earn rewards and participate in the governance of the Immutable X platform.

DOT provides a scalable and interoperable framework for developers to build and connect decentralized applications across multiple blockchains.

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.

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