Frequently Asked Questions
Below are some of the most common questions and answers.
QNT is used to access and pay for services within the Quant Network, such as Overledger, which enables interoperability between blockchains and enterprise systems.
RUNE is used as the base currency for liquidity pools in THORChain, enabling decentralized cross-chain swaps and providing incentives for liquidity providers.
No, QNT is not a staking token; it is primarily used for accessing Quant Network services and paying transaction fees.
RUNE's value is tied to the growth of THORChain's decentralized liquidity ecosystem, making it appealing for those interested in cross-chain DeFi solutions.
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.
