Frequently Asked Questions
Below are some of the most common questions and answers.
The DOT/BNB trading pair allows users to exchange Polkadot's DOT token for Binance Coin (BNB) on supported platforms, enabling cross-chain utility and investment opportunities.
Trading DOT for BNB provides access to Binance Smart Chain's ecosystem, including DeFi and NFT projects, while leveraging Polkadot's interoperability and governance features.
DOT can be staked to earn rewards and participate in Polkadot's governance, while BNB is used for transaction fees, staking, and accessing services on the Binance Smart Chain.
Yes, the DOT/BNB pair is available on some decentralized exchanges, offering users flexibility and control over their trades without relying on centralized platforms.
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.
