Frequently Asked Questions
Below are some of the most common questions and answers.
RAY is primarily used for DeFi activities such as yield farming, staking, and providing liquidity on decentralized exchanges within the Solana ecosystem.
SOL is highly valued for its role in powering the Solana blockchain, enabling fast, low-cost transactions and supporting a wide range of decentralized applications.
The RAY/SOL pair allows users to leverage RAY's DeFi capabilities while trading against SOL, a highly liquid and widely used native token on Solana.
Yes, SOL is needed to pay for transaction fees on the Solana blockchain, including those involving RAY, due to its role as the network's gas token.
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.
