Question 1

What makes ETH on the ARB blockchain unique?

Accepted Answer

ETH on the ARB blockchain leverages Arbitrum's Layer 2 scaling solution, enabling faster and cheaper transactions while maintaining Ethereum's security and ecosystem compatibility.

Question 2

Why is LTC considered a good alternative to Bitcoin?

Accepted Answer

LTC offers faster transaction confirmation times and lower fees, making it more suitable for everyday use and microtransactions compared to Bitcoin.

Question 3

Can I use ETH on ARB for DeFi applications?

Accepted Answer

Yes, ETH on the ARB blockchain is fully compatible with Ethereum-based DeFi applications, allowing users to access decentralized finance with improved scalability and lower costs.

Question 4

What are the primary use cases for LTC?

Accepted Answer

LTC is primarily used for peer-to-peer payments, online purchases, and microtransactions due to its fast transaction speeds and low fees.

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 LTC (Litecoin)

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