Frequently Asked Questions
Below are some of the most common questions and answers.
NFTs derive value from scarcity, provenance, and utility, often representing digital art, collectibles, or access to exclusive content.
RUNE acts as the native token for THORChain, enabling decentralized liquidity pools and trustless swaps between different blockchain assets.
Yes, certain platforms support NFT-to-RUNE swaps, but liquidity depends on market demand and compatible exchanges.
THORChain eliminates intermediaries, offering non-custodial cross-chain trading with minimal slippage and competitive fees.
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.
