Frequently Asked Questions
Below are some of the most common questions and answers.
INJ is used for governance, staking, and fee discounts within the Injective ecosystem, facilitating decentralized trading and DeFi applications.
XRP is widely adopted for its speed and cost-efficiency in settling cross-border transactions, making it ideal for banks and payment providers.
Yes, INJ holders can stake their tokens to earn rewards and participate in network security and governance.
XRP leverages the XRP Ledger's consensus mechanism, which processes transactions in seconds without relying on mining or high energy consumption.
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.
