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 changes, as well as earn rewards through liquidity mining.
ETH is valuable due to its role in powering the Ethereum network, enabling smart contracts, dApps, and serving as a foundational asset in the decentralized finance (DeFi) ecosystem.
You can trade UNI for ETH on decentralized exchanges like Uniswap or centralized exchanges that support the UNI/ETH trading pair.
Holding ETH provides access to the Ethereum ecosystem, including staking rewards, participation in DeFi protocols, and potential appreciation as the network grows.
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.
