Frequently Asked Questions
Below are some of the most common questions and answers.
SAND is used within The Sandbox ecosystem for purchasing assets, staking, and participating in governance decisions.
RUNE enables decentralized cross-chain trading and liquidity provision without relying on centralized intermediaries.
Yes, SAND can be staked to earn rewards and participate in the governance of The Sandbox platform.
RUNE powers THORChain's liquidity pools, allowing users to swap assets across different blockchains without wrapping or bridging.
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.