Frequently Asked Questions
Below are some of the most common questions and answers.
RUNE is used to facilitate liquidity provision, cross-chain swaps, and governance within the THORChain ecosystem.
BNB is popular due to its utility in paying transaction fees, staking for rewards, and accessing a wide range of decentralized applications.
Yes, RUNE can be traded for BNB directly through supported decentralized exchanges or cross-chain swap platforms.
Trading RUNE/BNB provides access to two leading blockchain ecosystems, enabling liquidity, cross-chain functionality, and diverse use cases.
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.
