Frequently Asked Questions
Below are some of the most common questions and answers.
DAI is a decentralized stablecoin pegged to the US dollar, designed to maintain its value through smart contracts on the Ethereum blockchain.
Trading DAI for LTC allows users to leverage DAI's stability while gaining exposure to LTC's fast transaction speeds and utility in payments.
LTC offers faster block generation times and lower transaction fees compared to Bitcoin, making it suitable for everyday transactions and micro-payments.
Yes, DAI is secured by Ethereum's robust blockchain and collateralized by a variety of assets, ensuring its stability and reliability.
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.
