Question 1

What is MOVE used for on the ETH blockchain?

Accepted Answer

MOVE is designed for fast and efficient transactions, enabling users to participate in decentralized applications and access enhanced liquidity within the ETH ecosystem.

Question 2

Why is ETH on the BASE blockchain popular?

Accepted Answer

ETH on the BASE blockchain is popular due to its scalability, security, and widespread use in DeFi applications, smart contracts, and other blockchain-based solutions.

Question 3

How can I trade MOVE for ETH on the BASE blockchain?

Accepted Answer

You can trade MOVE for ETH on supported decentralized exchanges (DEXs) or platforms that facilitate cross-chain transactions between the ETH and BASE blockchains.

Question 4

What are the benefits of using ETH on the BASE blockchain?

Accepted Answer

ETH on the BASE blockchain offers lower transaction fees, faster processing times, and seamless integration with DeFi protocols, making it ideal for developers and users alike.

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 MOVE (Ethereum) to ETH Base

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Frequently Asked Questions