Question 1

What is ARB used for?

Accepted Answer

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

Question 2

Why is DOGE popular?

Accepted Answer

DOGE is popular due to its strong community, low transaction fees, and widespread use in tipping, donations, and microtransactions.

Question 3

Can I trade ARB for DOGE directly?

Accepted Answer

Yes, ARB can be traded for DOGE on supported exchanges that list this trading pair.

Question 4

What are the benefits of trading ARB/DOGE?

Accepted Answer

Trading ARB/DOGE allows users to leverage the scalability of ARB and the community-driven appeal of DOGE, offering a balanced investment opportunity.

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 DOGE (Doge)

Description

Frequently Asked Questions