Frequently Asked Questions
Below are some of the most common questions and answers.
LINK is used to pay for services on the Chainlink network, which provides decentralized oracles to connect smart contracts with external data sources.
AVAX is popular due to its high transaction speed, low fees, and ability to support a wide range of decentralized applications and custom blockchains.
Yes, both LINK and AVAX can be staked to earn rewards, with AVAX staking supporting network security and LINK staking used in Chainlink's oracle services.
LINK focuses on enabling smart contracts to access real-world data, while AVAX is designed for building and scaling decentralized applications and blockchain networks.
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.
