Frequently Asked Questions
Below are some of the most common questions and answers.
VIRTUAL is used within decentralized applications on the ETH blockchain, providing utility in various ecosystems and enabling innovative use cases.
ETH is a leading cryptocurrency due to its role in powering smart contracts, DeFi, and NFTs, along with its widespread adoption and strong developer community.
You can trade VIRTUAL for ETH on supported decentralized exchanges (DEXs) or platforms that list the VIRTUAL/ETH trading pair.
The VIRTUAL/ETH pair appeals to traders due to the innovative features of VIRTUAL and the established utility and liquidity of ETH, offering a balanced trading opportunity.
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.
