Question 1

What is MOVE used for?

Accepted Answer

MOVE is primarily used for transactions, governance, and liquidity provision within decentralized platforms on the ETH blockchain.

Question 2

Why trade ETH on the ARB blockchain?

Accepted Answer

ETH on the ARB blockchain benefits from Arbitrum's layer-2 scaling, offering faster transactions and lower fees compared to the Ethereum mainnet.

Question 3

Is MOVE compatible with other blockchains?

Accepted Answer

MOVE is native to the ETH blockchain but can be bridged to other networks for cross-chain functionality.

Question 4

What are the advantages of using ETH on ARB?

Accepted Answer

ETH on ARB leverages Arbitrum's rollup technology, ensuring high throughput, reduced gas costs, and compatibility with Ethereum-based dApps.

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

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.

Swap MOVE (Ethereum) to ETH Arbitrum

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