Question 1

What is the TRUMP token?

Accepted Answer

TRUMP is a meme token on the SOL blockchain, known for its community-driven appeal and speculative trading opportunities.

Question 2

What is RUNE used for?

Accepted Answer

RUNE is the native token of THORChain, facilitating cross-chain liquidity and decentralized trading across multiple blockchains.

Question 3

Why trade TRUMP/RUNE?

Accepted Answer

Trading TRUMP/RUNE combines the speculative potential of a meme token with the utility of a cross-chain liquidity solution.

Question 4

Is RUNE a good investment?

Accepted Answer

RUNE's value is tied to the growth of THORChain's ecosystem, making it a promising option for those interested in decentralized finance and cross-chain interoperability.

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 TRUMP (Solana) to RUNE (Thorchain)

Description

Frequently Asked Questions