Frequently Asked Questions

Below are some of the most common questions and answers.

DYDX is used for governance, fee discounts, and staking on the dYdX decentralized exchange, providing users with control over platform decisions and incentives.

DOT is integral to the Polkadot ecosystem, enabling cross-chain interoperability, scalability, and support for diverse blockchain applications, making it a cornerstone of Web3 infrastructure.

Yes, DYDX can be traded for DOT on supported exchanges, allowing users to transition between decentralized finance and cross-chain ecosystems seamlessly.

Holding DOT provides governance rights, staking rewards, and access to a growing ecosystem of interoperable blockchains, enhancing its utility and long-term value.

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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