Frequently Asked Questions

Below are some of the most common questions and answers.

SAND is used within The Sandbox ecosystem to purchase assets, participate in governance, and monetize user-generated content.

Trading SAND for BNB allows users to access the Binance Smart Chain's ecosystem, benefiting from lower fees and faster transactions.

Holding BNB provides benefits such as reduced transaction fees on Binance, staking rewards, and access to exclusive token sales.

BNB is primarily used on the Binance Smart Chain but can also be traded on other platforms and used for payments in select merchants.

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.

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