Frequently Asked Questions

Below are some of the most common questions and answers.

RUNE facilitates cross-chain liquidity and decentralized trading within the THORChain ecosystem, enabling users to swap assets across different blockchains without intermediaries.

XRP's fast settlement times (3-5 seconds) and low transaction fees make it highly efficient for international remittances and institutional payment solutions.

THORChain uses a decentralized network of validators and threshold signature schemes (TSS) to secure cross-chain swaps and protect user funds.

No, XRP is primarily designed for payments and does not natively support smart contracts, though sidechains like EVM-compatible networks may enable such functionality.

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.

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