Question 1

What is ARB used for?

Accepted Answer

ARB is primarily used to facilitate transactions and operations within decentralized applications on the ETH blockchain, offering scalability and cost efficiency.

Question 2

Why is BTC considered a store of value?

Accepted Answer

BTC is considered a store of value due to its limited supply, robust security, and widespread adoption as a decentralized digital asset.

Question 3

How does ARB benefit Ethereum users?

Accepted Answer

ARB enhances Ethereum's scalability by enabling faster and cheaper transactions, improving the overall user experience for decentralized applications.

Question 4

What makes BTC a global currency?

Accepted Answer

BTC's decentralized nature, borderless transactions, and universal acceptance make it a global currency for peer-to-peer transfers and value storage.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

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.

Swap ARB Ethereum to BTC Bitcoin

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