Frequently Asked Questions
Below are some of the most common questions and answers.
SAND is used within The Sandbox metaverse to purchase assets, participate in governance, and monetize user-generated content.
DOT is integral to Polkadot's ecosystem, enabling cross-chain interoperability, scalability, and secure governance for decentralized applications.
Yes, SAND can be traded for DOT on supported exchanges that list this trading pair.
The Sandbox focuses on user-generated gaming content and virtual real estate, while Polkadot excels in connecting multiple blockchains for seamless data and asset transfer.
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.
