Question 1

What is JASMY used for?

Accepted Answer

JASMY is a decentralized data platform that allows users to securely manage and monetize their personal data while maintaining privacy and control.

Question 2

What makes ATOM unique?

Accepted Answer

ATOM is the native token of the Cosmos Hub, enabling interoperability between blockchains and supporting decentralized applications and cross-chain transactions.

Question 3

Can I stake ATOM?

Accepted Answer

Yes, ATOM can be staked to secure the Cosmos network and earn rewards for participating in its proof-of-stake consensus mechanism.

Question 4

Is JASMY compatible with Ethereum wallets?

Accepted Answer

Yes, JASMY is an ERC-20 token and can be stored in any Ethereum-compatible wallet that supports ERC-20 tokens.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

Instaswap is a non-custodial DEX aggregator: swaps settle on-chain through decentralized liquidity protocols, and we do NOT offer centralized exchange (CEX) swaps, accounts or balances. Funds in transit move under predefined, non-discretionary rules, with your refund address fixed before you deposit.

Swap JASMY (Ethereum) to ATOM (Cosmos)

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