Question 1

What is DEXE used for?

Accepted Answer

DEXE is used for decentralized social trading, allowing users to copy the trades of experienced investors and automate portfolio management.

Question 2

Why choose BCH for transactions?

Accepted Answer

BCH is chosen for its fast transaction speeds, low fees, and suitability for everyday payments and remittances.

Question 3

Can I trade DEXE for BCH directly?

Accepted Answer

Yes, you can trade DEXE for BCH on supported exchanges that list this trading pair.

Question 4

Is BCH a good store of value?

Accepted Answer

While BCH is primarily designed for transactions, its stability and adoption make it a viable option for short-term value storage.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

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.

Swap DEXE (Ethereum) to BCH (Bitcoincash)

Description

Frequently Asked Questions