Frequently Asked Questions
Below are some of the most common questions and answers.
T is primarily used for decentralized applications and microtransactions due to its low fees and fast transaction speeds.
RUNE acts as the native token for THORChain, enabling decentralized liquidity pools and cross-chain asset exchanges without intermediaries.
Yes, T is an ERC-20 token, making it fully compatible with Ethereum smart contracts and wallets.
RUNE's role in THORChain's liquidity pools and its ability to enable cross-chain swaps make it a cornerstone of decentralized finance.
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.
