Frequently Asked Questions
Below are some of the most common questions and answers.
INJ is used to power decentralized applications on the Injective Protocol, enabling governance, staking, and transaction fee payments.
LTC is popular due to its faster block generation time and lower transaction fees compared to Bitcoin, making it ideal for everyday payments.
Yes, INJ can be staked to participate in network governance and earn rewards for securing the Injective Protocol.
While LTC is primarily designed for transactions, its scarcity and established market presence make it a viable option for value storage.
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.
