Question 1

What is SHIB?

Accepted Answer

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

Question 2

What is ATOM used for?

Accepted Answer

ATOM is the native token of the Cosmos network, used for staking, governance, and facilitating cross-chain interoperability.

Question 3

Why trade SHIB/ATOM?

Accepted Answer

Trading SHIB/ATOM combines the speculative potential of a meme coin with the utility of a blockchain interoperability token, offering diverse opportunities.

Question 4

Is ATOM a good investment?

Accepted Answer

ATOM's role in enabling cross-chain communication and its growing ecosystem make it a promising asset for long-term blockchain adoption.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

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.

Swap SHIB (Ethereum) to ATOM (Cosmos)

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