Frequently Asked Questions
Below are some of the most common questions and answers.
The DASH/BNB trading pair allows users to exchange DASH, a privacy-centric cryptocurrency, for BNB, the utility token of the Binance Smart Chain, enabling seamless cross-chain transactions.
Trading DASH for BNB provides access to the Binance ecosystem, leveraging BNB's utility in fee discounts, staking, and decentralized applications while maintaining exposure to DASH's privacy features.
BNB can be used for paying transaction fees on Binance Smart Chain, staking to earn rewards, or participating in decentralized finance (DeFi) applications within the Binance ecosystem.
Yes, trading DASH/BNB is secure when conducted on reputable platforms that employ robust security measures, including encryption and two-factor authentication.
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.
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.
