Frequently Asked Questions

Below are some of the most common questions and answers.

DYDX is used for governance, fee discounts, and participation in the dYdX decentralized exchange ecosystem.

ETH is valuable due to its role in powering Ethereum's smart contracts, dApps, and its widespread adoption in the blockchain space.

Yes, DYDX can be traded for ETH on supported decentralized and centralized exchanges.

Holding ETH provides access to Ethereum's ecosystem, staking rewards, and potential appreciation as a leading cryptocurrency.

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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