Frequently Asked Questions
Below are some of the most common questions and answers.
MANA is used to purchase virtual land, goods, and services within the Decentraland metaverse, as well as for governance voting.
BNB is popular due to its low transaction fees, fast processing times, and its role in powering DeFi and NFT ecosystems on the Binance Smart Chain.
BNB can be staked to earn rewards, while MANA is primarily used for transactions and governance within Decentraland.
You can trade MANA for BNB on supported cryptocurrency exchanges by selecting the MANA/BNB trading pair and executing your trade.
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.
