Frequently Asked Questions
Below are some of the most common questions and answers.
1INCH is used to access the 1inch decentralized exchange aggregator, providing users with the best trading rates across multiple DEXs and ensuring optimal liquidity.
DOT is the native token of Polkadot, a blockchain designed for scalability and interoperability, enabling cross-chain communication and supporting a wide range of decentralized applications.
Trading 1INCH for DOT allows users to diversify their portfolio by gaining exposure to both a leading DEX aggregator and a robust, interoperable blockchain ecosystem.
Yes, DOT can be staked to secure the Polkadot network and earn staking rewards, making it an attractive option for long-term holders.
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.
