Question 1

What makes SOL a good trading asset?

Accepted Answer

SOL is highly efficient, offering fast transaction speeds and low fees, which are essential for trading and DeFi activities.

Question 2

Why is AVAX considered a strong buy asset?

Accepted Answer

AVAX provides scalability, fast finality, and supports custom blockchain creation, making it versatile for various use cases.

Question 3

Can I use SOL and AVAX for DeFi applications?

Accepted Answer

Yes, both SOL and AVAX are widely used in decentralized finance due to their speed, low costs, and robust ecosystems.

Question 4

How do SOL and AVAX compare in terms of transaction speed?

Accepted Answer

Both SOL and AVAX are known for high-speed transactions, with SOL focusing on throughput and AVAX emphasizing fast finality and scalability.

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

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.

Swap SOL (Solana) to AVAX (Avalance)

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Frequently Asked Questions