Frequently Asked Questions
Below are some of the most common questions and answers.
VIRTUAL is primarily used for transactions and interactions within decentralized applications and smart contracts on the Ethereum blockchain.
ATOM is valuable because it facilitates cross-chain interoperability and powers the Cosmos ecosystem, making it essential for DeFi and blockchain connectivity.
Yes, ATOM can be staked to secure the Cosmos network and earn rewards for participating in its proof-of-stake consensus mechanism.
VIRTUAL is native to the Ethereum blockchain but can interact with other chains through bridges and interoperability protocols.
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.
