Frequently Asked Questions
Below are some of the most common questions and answers.
IMX powers the Immutable X platform, facilitating NFT trading with zero gas fees and scalable transactions for gaming and digital collectibles.
XRP is favored for its speed and low-cost transactions, making it a practical solution for cross-border payments and liquidity management.
IMX can be staked to earn rewards on the Immutable X platform, while XRP does not support staking but is used for transaction fees and liquidity.
Trading IMX/XRP combines the growth potential of NFT-focused IMX with the stability and utility of XRP, appealing to both speculative and utility-driven investors.
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.
