Frequently Asked Questions

Below are some of the most common questions and answers.

SNX is used to mint and trade synthetic assets on the Synthetix platform, providing exposure to various markets like cryptocurrencies, commodities, and fiat currencies.

AVAX offers high-speed, low-cost transactions and supports a scalable ecosystem, making it a top choice for DeFi, NFTs, and enterprise applications.

Yes, you can trade SNX for AVAX on supported exchanges that list this trading pair, enabling seamless cross-chain transactions.

The SNX/AVAX pair combines the synthetic asset capabilities of Synthetix with the high-performance infrastructure of Avalanche, offering a versatile trading option for DeFi enthusiasts.

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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