Swap SNX Ethereum to DOT Polkadot
Description
SNX, the native token of the Synthetix protocol on the Ethereum blockchain, enables users to mint and trade synthetic assets, offering exposure to a wide range of markets. DOT, the native token of the Polkadot network, powers its interoperable ecosystem, enabling cross-chain communication and scalable decentralized applications.
100% Decentralized — No KYC, Ever
Description
SNX, the native token of the Synthetix protocol on the Ethereum blockchain, enables users to mint and trade synthetic assets, offering exposure to a wide range of markets. DOT, the native token of the Polkadot network, powers its interoperable ecosystem, enabling cross-chain communication and scalable decentralized applications.
100% Decentralized — No KYC, Ever
Frequently Asked Questions
Below are some of the most common questions and answers.
SNX is used to collateralize synthetic assets on the Synthetix platform, allowing users to trade derivatives of real-world assets like currencies, commodities, and cryptocurrencies.
DOT is unique for its role in securing the Polkadot network, enabling parachain interoperability, and facilitating governance and staking within the ecosystem.
Yes, both SNX and DOT can be staked. SNX staking rewards users with fees generated by the Synthetix platform, while DOT staking helps secure the Polkadot network and earns staking rewards.
You can trade SNX for DOT on supported cryptocurrency exchanges by selecting the SNX/DOT trading pair and executing your trade.
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.
