Frequently Asked Questions
Below are some of the most common questions and answers.
Holding NEXO provides benefits such as earning interest on your crypto holdings, access to instant crypto-backed loans, and loyalty rewards for using the Nexo platform.
ETH is widely used because it powers the Ethereum blockchain, enabling decentralized applications, smart contracts, and serving as a primary medium for transactions and investments.
Yes, you can trade NEXO for ETH directly on supported exchanges or platforms that list this trading pair.
The NEXO-ETH pair is attractive due to NEXO's utility benefits and ETH's strong market presence, offering a combination of growth potential and liquidity.
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.
