Frequently Asked Questions
Below are some of the most common questions and answers.
VIRTUAL provides fast transactions and low fees on the Ethereum blockchain, along with strong DeFi utility, appealing to both traders and developers.
XRP's high speed, low cost, and scalability make it a preferred choice for global payments and liquidity management.
Both VIRTUAL and XRP have strong use cases, but always conduct your own research and assess market conditions before long-term commitments.
Use reputable wallets compatible with Ethereum (for VIRTUAL) and XRP Ledger (for XRP), ensuring private key safety and regular updates.
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.
