Frequently Asked Questions

Below are some of the most common questions and answers.

NEXO is used for earning interest, borrowing against crypto assets, and accessing premium features on the Nexo platform.

BNB is popular due to its utility in reducing transaction fees, staking, and powering decentralized applications and DeFi ecosystems.

Yes, you can trade NEXO for BNB on supported exchanges that list this trading pair.

Holding BNB provides benefits like discounted trading fees, staking rewards, and access to exclusive Binance ecosystem features.

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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