Question 1

What makes BTC a reliable trading asset?

Accepted Answer

BTC's long-standing reputation, limited supply, and strong network security make it a trusted and widely adopted cryptocurrency.

Question 2

Why choose BCH for transactions?

Accepted Answer

BCH offers faster transaction speeds and lower fees compared to many other cryptocurrencies, making it ideal for everyday payments.

Question 3

Can I trade BTC for BCH directly?

Accepted Answer

Yes, many exchanges support direct trading pairs between BTC and BCH, enabling seamless conversions.

Question 4

What are the key differences between BTC and BCH?

Accepted Answer

BTC focuses on being a store of value with high security, while BCH prioritizes transaction speed and cost-efficiency for practical use.

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 BTC (Bitcoin) to BCH (Bitcoincash)

Description

Frequently Asked Questions