Frequently Asked Questions
Below are some of the most common questions and answers.
DAI is a decentralized stablecoin backed by collateral, ensuring price stability and making it ideal for trading and DeFi applications.
BNB is used for transaction fees on the Binance Smart Chain, staking, and participating in various decentralized applications and services.
Yes, DAI's stable value makes it a reliable option for traders looking to minimize exposure to market volatility.
BNB benefits from its integration with Binance services, including reduced fees, staking rewards, and access to a wide range of applications.
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.
