Frequently Asked Questions
Below are some of the most common questions and answers.
IMX is primarily used for NFT trading and gaming on the Immutable X platform, enabling zero gas fees and fast transactions.
ETH is valuable due to its role in powering decentralized applications, smart contracts, and its widespread adoption as a leading cryptocurrency.
Yes, IMX can be traded directly for ETH on supported exchanges, providing liquidity and flexibility for users.
IMX leverages Ethereum's security while offering zero gas fees and instant transactions, making it ideal for NFT and gaming ecosystems.
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.
