Frequently Asked Questions
Below are some of the most common questions and answers.
DYDX is primarily used for governance and fee discounts on the dYdX decentralized exchange, enabling users to participate in platform decisions and reduce trading costs.
Bitcoin's limited supply of 21 million coins, decentralized nature, and widespread adoption make it a reliable store of value and a hedge against inflation.
Yes, DYDX can be traded directly for BTC on supported exchanges, allowing users to swap between these assets seamlessly.
Trading DYDX/BTC combines the innovative DeFi features of DYDX with the stability and liquidity of Bitcoin, offering a balanced opportunity for diversification and growth.
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.
