Question 1

What is WLD used for?

Accepted Answer

WLD is primarily used for decentralized identity verification and governance within its ecosystem, ensuring privacy and user control.

Question 2

Why choose AVAX for transactions?

Accepted Answer

AVAX is chosen for its fast transaction speeds, low fees, and ability to support a wide range of decentralized applications.

Question 3

Can I trade WLD for AVAX directly?

Accepted Answer

Yes, WLD can be traded for AVAX on supported exchanges that list this trading pair.

Question 4

What makes AVAX scalable?

Accepted Answer

AVAX leverages Avalanche's unique consensus mechanism, enabling high throughput and low latency for scalable blockchain solutions.

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 AVAX (Avalance)

Description

Frequently Asked Questions