Frequently Asked Questions
Below are some of the most common questions and answers.
SNX is used to mint synthetic assets (synths) on the Synthetix platform, allowing users to gain exposure to various assets like cryptocurrencies, commodities, and fiat currencies.
CACAO is the native token of the MAYA blockchain, designed to facilitate cross-chain swaps and liquidity provision, enabling efficient and decentralized trading across multiple networks.
Yes, SNX can be staked to earn rewards by participating in the Synthetix protocol, which supports the creation and trading of synthetic assets.
CACAO powers the MAYA blockchain's cross-chain swap functionality, allowing users to trade assets across different blockchains without relying on centralized intermediaries.
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.