Question 1

What is the benefit of trading ETH on the ARB blockchain?

Accepted Answer

Trading ETH on the ARB blockchain provides lower transaction fees and faster processing times compared to other networks, enhancing efficiency for traders and users.

Question 2

Why is DASH considered a privacy-focused cryptocurrency?

Accepted Answer

DASH incorporates features like PrivateSend, which anonymizes transactions by mixing them with others, ensuring user privacy and confidentiality.

Question 3

Can I use ETH on the ARB blockchain for DeFi applications?

Accepted Answer

Yes, ETH on the ARB blockchain is fully compatible with decentralized finance (DeFi) platforms, enabling users to participate in lending, staking, and yield farming.

Question 4

What makes DASH suitable for everyday payments?

Accepted Answer

DASH's InstantSend feature allows for near-instant transaction confirmations, making it a practical choice for quick and reliable everyday payments.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

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.

Swap ETH Arbitrum to DASH (Dash)

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Frequently Asked Questions