Frequently Asked Questions
Below are some of the most common questions and answers.
NEXO is a utility token that provides benefits such as earning interest on crypto holdings, accessing instant crypto-backed loans, and receiving loyalty rewards within the Nexo ecosystem.
Litecoin is popular due to its faster block generation time, lower transaction fees, and its role as a reliable medium for payments and remittances.
Yes, you can trade NEXO for LTC directly on supported exchanges that list this trading pair.
Litecoin is considered a solid investment due to its established market presence, strong liquidity, and consistent use cases in the crypto ecosystem.
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.
