Question 1

What is WLD used for?

Accepted Answer

WLD is designed to facilitate participation in decentralized ecosystems, enabling access to Web3 applications and services.

Question 2

Why trade ETH on the ARB blockchain?

Accepted Answer

ETH on ARB offers faster transactions and lower fees compared to the main Ethereum network, making it ideal for DeFi and trading.

Question 3

Is WLD compatible with other blockchains?

Accepted Answer

WLD is currently native to the ETH blockchain and operates within its ecosystem.

Question 4

What are the benefits of using ARB for ETH transactions?

Accepted Answer

ARB enhances ETH's scalability, reducing congestion and costs while maintaining security and compatibility with Ethereum-based tools.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

Instaswap is a non-custodial DEX aggregator: swaps settle on-chain through decentralized liquidity protocols, and we do NOT offer centralized exchange (CEX) swaps, accounts or balances. Funds in transit move under predefined, non-discretionary rules, with your refund address fixed before you deposit.

Swap WLD (Ethereum) to ETH Arbitrum

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Frequently Asked Questions