Frequently Asked Questions
Below are some of the most common questions and answers.
USDC is a stablecoin backed 1:1 by US dollars, providing a reliable and stable trading asset on the Ethereum blockchain.
RUNE powers the THORChain ecosystem, facilitating cross-chain swaps, liquidity provision, and decentralized trading across multiple blockchains.
Trading USDC for RUNE allows users to access decentralized cross-chain liquidity and participate in the THORChain ecosystem with a stable entry point.
Yes, RUNE is the native gas token of the THORChain blockchain, used for transaction fees and securing the network.
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.
