Frequently Asked Questions
Below are some of the most common questions and answers.
DOT is primarily used for governance, staking, and bonding within the Polkadot ecosystem to secure the network and enable cross-chain interoperability.
ATOM enables the Inter-Blockchain Communication (IBC) protocol, allowing independent blockchains to exchange data and assets seamlessly within the Cosmos network.
Yes, both DOT and ATOM can be staked to earn rewards while contributing to the security and governance of their respective networks.
DOT and ATOM are popular due to their roles in enabling cross-chain functionality, their strong communities, and their utility in decentralized finance (DeFi) ecosystems.
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.
