Frequently Asked Questions
Below are some of the most common questions and answers.
Bonk is a community-driven token on the Ethereum blockchain, designed for use in decentralized applications and known for its innovative ecosystem.
Trading Bonk for BTC allows users to diversify their portfolio by exchanging a promising altcoin for the most established and widely adopted cryptocurrency.
BTC offers unparalleled security, decentralization, and serves as a reliable store of value and medium of exchange in the crypto market.
Currently, Bonk is primarily available on the Ethereum blockchain, as indicated by its contract address (0x1151cb3d861920e07a38e03eead12c32178567f6).
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.
