Frequently Asked Questions
Below are some of the most common questions and answers.
Bonk is an Ethereum-based token designed for DeFi applications, offering fast transactions and low fees.
Trading Bonk for LTC allows users to leverage the benefits of both assets, combining Bonk's DeFi utility with Litecoin's speed and reliability.
Litecoin offers faster transaction speeds, lower fees, and widespread merchant acceptance, making it a practical choice for payments and investments.
Yes, both Bonk and LTC operate on secure blockchains, ensuring safe and transparent transactions.
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.
