Frequently Asked Questions
Below are some of the most common questions and answers.
RUNE is used for liquidity provision, staking, and governance on THORChain, enabling decentralized cross-chain trading.
DOT facilitates secure communication and data transfer between blockchains, making it essential for building scalable multi-chain ecosystems.
Trading RUNE for DOT allows users to diversify their portfolio, access cross-chain liquidity, and participate in two leading blockchain ecosystems.
Both RUNE and DOT have unique value propositions; RUNE focuses on decentralized liquidity, while DOT emphasizes interoperability, making them complementary investments.
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.
