Frequently Asked Questions
Below are some of the most common questions and answers.
The SOL/ATOM trading pair allows users to exchange Solana's SOL token for Cosmos' ATOM token, enabling cross-chain transactions between the two ecosystems.
Trading SOL for ATOM provides access to the Cosmos ecosystem, which focuses on blockchain interoperability, while leveraging Solana's high-speed and low-cost infrastructure.
SOL can be stored in Solana-compatible wallets like Phantom, while ATOM is supported by wallets such as Keplr and Cosmostation, ensuring secure storage for both assets.
ATOM is used for staking, governance, and paying transaction fees within the Cosmos network, as well as enabling cross-chain communication through the Inter-Blockchain Communication (IBC) protocol.
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.
