Frequently Asked Questions
Below are some of the most common questions and answers.
The DOT/BCH trading pair allows users to exchange Polkadot's DOT token for Bitcoin Cash (BCH), combining DOT's interoperability features with BCH's payment-focused utility.
Trading DOT for BCH provides access to BCH's fast transaction speeds and low fees, ideal for payments, while leveraging DOT's governance and staking capabilities.
The DOT/BCH pair can appeal to investors seeking exposure to both cross-chain innovation (DOT) and practical payment solutions (BCH), but market conditions should be carefully evaluated.
DOT can be stored in wallets supporting Polkadot, while BCH is compatible with Bitcoin Cash wallets; always use secure, non-custodial wallets for safety.
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.
