Frequently Asked Questions
Below are some of the most common questions and answers.
UNI is the governance token for Uniswap, allowing holders to vote on protocol upgrades and participate in the decentralized governance of the platform.
Trading UNI for BNB provides access to the Binance Smart Chain ecosystem, enabling users to leverage BNB's low fees and diverse use cases in DeFi and beyond.
BNB offers benefits such as reduced transaction fees on Binance Smart Chain, staking rewards, and utility in various decentralized applications and services.
BNB can be used for staking, yield farming, and as collateral in lending protocols, making it a versatile asset in the decentralized finance space.
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.
