Frequently Asked Questions

Below are some of the most common questions and answers.

SHIB is a meme-based cryptocurrency on the Ethereum blockchain, known for its strong community and speculative trading potential.

BNB is used for transaction fees, staking, and accessing decentralized applications on the Binance Smart Chain.

Yes, SHIB can be traded for BNB on supported exchanges that list this trading pair.

BNB is widely adopted due to its utility in the Binance ecosystem, including fee discounts, staking rewards, and access to DeFi platforms.

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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