Question 1

What is the BTC-CACAO trading pair?

Accepted Answer

The BTC-CACAO trading pair allows users to exchange Bitcoin (BTC) for CACAO, the native token of the MAYA blockchain, facilitating cross-chain liquidity and DeFi participation.

Question 2

Why trade BTC for CACAO?

Accepted Answer

Trading BTC for CACAO enables access to MAYA's DeFi ecosystem, including yield farming, staking, and governance opportunities, while leveraging Bitcoin's liquidity.

Question 3

Is CACAO a stablecoin?

Accepted Answer

No, CACAO is not a stablecoin; it is the native utility token of the MAYA blockchain, used for transactions, governance, and incentivizing network participation.

Question 4

How secure is the BTC-CACAO trading pair?

Accepted Answer

The BTC-CACAO trading pair benefits from the robust security of the BTC blockchain and MAYA's cross-chain infrastructure, ensuring safe and efficient transactions.

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 CACAO (Mayachain)

Description

Frequently Asked Questions