Frequently Asked Questions
Below are some of the most common questions and answers.
SAND is used to buy virtual assets, participate in governance, and engage in play-to-earn activities within The Sandbox metaverse.
ETH on the ARB blockchain offers faster and cheaper transactions while maintaining compatibility with Ethereum's ecosystem, ideal for DeFi and NFT use cases.
No, SAND is primarily an ERC-20 token on the Ethereum blockchain, identified by its contract address 0x3845badade8e6dff049820680d1f14bd3903a5d0.
ARB provides scalability and reduced gas fees, making it a cost-effective solution for Ethereum-based transactions and decentralized applications.
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.
