Question 1

What makes BCH a good choice for transactions?

Accepted Answer

BCH is designed for fast, low-cost transactions, making it suitable for everyday payments and peer-to-peer transfers.

Question 2

Why is BTC considered a store of value?

Accepted Answer

BTC's limited supply, widespread adoption, and strong security make it a reliable store of value and hedge against inflation.

Question 3

Can I trade BCH for BTC directly?

Accepted Answer

Yes, many exchanges and platforms support direct trading between BCH and BTC, offering liquidity and competitive rates.

Question 4

What are the key differences between BCH and BTC?

Accepted Answer

BCH focuses on faster, cheaper transactions for everyday use, while BTC emphasizes security and long-term value storage.

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 BCH (Bitcoincash) to BTC (Bitcoin)

Description

Frequently Asked Questions