Question 1

What is DOGE used for?

Accepted Answer

DOGE is primarily used for peer-to-peer transactions, tipping, and as a store of value due to its strong community backing and low fees.

Question 2

What makes CACAO unique?

Accepted Answer

CACAO is unique for its role in facilitating cross-chain swaps, providing liquidity, and enabling governance in the MAYA blockchain ecosystem.

Question 3

How can I trade DOGE for CACAO?

Accepted Answer

You can trade DOGE for CACAO on supported decentralized exchanges (DEXs) or platforms that list the DOGE-CACAO trading pair.

Question 4

Is CACAO a good investment?

Accepted Answer

CACAO's value depends on its utility in the MAYA ecosystem, including DeFi applications and governance, making it appealing to those interested in decentralized finance.

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 DOGE (Doge) to CACAO (Mayachain)

Description

Frequently Asked Questions