Frequently Asked Questions
Below are some of the most common questions and answers.
DOT is primarily used for governance, staking, and bonding to secure the Polkadot network and connect parachains.
ZEC uses zero-knowledge proofs (zk-SNARKs) to enable fully shielded transactions, hiding sender, receiver, and amount details.
Yes, DOT holders can stake their tokens to participate in network validation and earn staking rewards.
ZEC offers optional privacy; transparent transactions are traceable, but shielded transactions are completely private.
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.
