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, a platform designed for NFT trading with zero gas fees.
ATOM is valuable due to its role in securing the Cosmos network, enabling cross-chain interoperability, and facilitating staking and governance within the ecosystem.
Yes, IMX can be staked to earn rewards and participate in the governance of the Immutable X platform.
ATOM powers the Cosmos Hub, which connects independent blockchains through the Inter-Blockchain Communication (IBC) protocol, enabling seamless asset and data transfers.
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.
