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 platform.
Litecoin is known for its fast transaction speeds and low fees, making it ideal for everyday payments and transfers.
Yes, DYDX can be traded for LTC on supported exchanges that list this trading pair.
LTC offers faster block generation times and lower transaction fees compared to many other cryptocurrencies, enhancing its usability for payments.
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.
