Frequently Asked Questions
Below are some of the most common questions and answers.
DOT is used for governance, staking, and bonding on the Polkadot network, enabling cross-chain interoperability and secure transactions.
DOGE is known for its low transaction fees, fast processing times, and strong community support, making it ideal for microtransactions and tipping.
Yes, DOT holders can participate in staking to secure the network and earn staking rewards.
Yes, DOGE is accepted by various merchants and platforms, particularly for small transactions and online tipping.
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.
