Frequently Asked Questions
Below are some of the most common questions and answers.
OKB is a utility token that provides benefits such as trading fee discounts, participation in token sales, and access to exclusive features on supported platforms.
RUNE acts as the backbone of THORChain, enabling decentralized liquidity pools and cross-chain swaps without the need for centralized intermediaries.
Yes, RUNE can be staked to secure the THORChain network and earn rewards for providing liquidity and participating in network operations.
OKB is primarily an ERC-20 token on the Ethereum blockchain, but it may also be available on other chains through bridges or wrapped versions.
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.
