Frequently Asked Questions
Below are some of the most common questions and answers.
RUNE is used for governance, staking, and providing liquidity in THORChain's decentralized cross-chain trading network.
ETH is a leading cryptocurrency due to its role in enabling smart contracts, decentralized applications, and its widespread adoption in the DeFi ecosystem.
Yes, THORChain supports direct swaps between RUNE and ETH, allowing users to trade without intermediaries.
Trading RUNE/ETH offers access to cross-chain liquidity, low fees, and exposure to two prominent ecosystems in the crypto space.
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.
