Frequently Asked Questions

Below are some of the most common questions and answers.

RAY is primarily used for DeFi applications, enabling fast and cost-effective transactions within the Solana ecosystem.

BNB is popular due to its utility in paying transaction fees, staking, and accessing a wide range of decentralized applications on Binance Smart Chain.

Yes, both RAY and BNB can be staked to earn rewards, with BNB offering additional benefits like reduced fees on Binance platforms.

Yes, the RAY/BNB trading pair is available on select decentralized exchanges that support cross-chain trading between Solana and Binance Smart Chain.

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.

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