Frequently Asked Questions

Below are some of the most common questions and answers.

LPT is used within the Livepeer network to incentivize video transcoding and distribution, enabling decentralized, efficient video streaming.

Trading LPT for ETH allows users to access Ethereum's broader ecosystem, including DeFi protocols, NFT marketplaces, and other dApps.

Yes, ETH is used to pay for transaction fees (gas) on the Ethereum network, making it essential for interacting with smart contracts and dApps.

Livepeer leverages Ethereum's security and decentralization for its tokenomics, ensuring trustless participation in its video streaming network.

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.

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