Frequently Asked Questions
Below are some of the most common questions and answers.
CVX is primarily used for governance in Convex Finance, allowing holders to vote on platform decisions and earn rewards from yield optimization strategies.
Bitcoin's reliability stems from its decentralized nature, limited supply, and widespread adoption as a store of value and payment method.
You can trade CVX for BTC on supported cryptocurrency exchanges by selecting the CVX/BTC trading pair and executing your order.
Risks include market volatility, liquidity fluctuations, and potential smart contract vulnerabilities in DeFi platforms like Convex Finance.
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.
