Frequently Asked Questions

Below are some of the most common questions and answers.

COMP is a governance token that allows holders to propose and vote on changes to the Compound protocol, a decentralized lending and borrowing platform.

DOGE is popular due to its low transaction fees, fast processing times, and widespread acceptance, making it suitable for everyday payments and tipping.

COMP can be staked to participate in governance, while DOGE is primarily used for transactions and does not support staking.

The availability of the COMP-DOGE trading pair depends on the exchange, but many platforms support trading between Ethereum-based tokens and DOGE.

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.

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