Frequently Asked Questions

Below are some of the most common questions and answers.

IMX is used to pay for transaction fees, stake in governance, and earn rewards on the Immutable X platform, which specializes in NFT trading and gaming.

Litecoin is popular due to its faster block generation time, lower transaction fees, and its role as a trusted medium of exchange in the crypto space.

Yes, you can trade IMX for LTC directly on supported exchanges that list this trading pair.

Immutable X offers gas-free transactions, instant trade confirmations, and scalability for NFT projects, making it a preferred choice for developers and users.

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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