Question 1

What is FLOKI?

Accepted Answer

FLOKI is a meme-inspired cryptocurrency built on the Ethereum blockchain, known for its strong community and integration into DeFi platforms.

Question 2

What are the use cases for BCH?

Accepted Answer

BCH is primarily used for fast, low-cost transactions, making it suitable for everyday payments, remittances, and peer-to-peer transfers.

Question 3

Why trade FLOKI for BCH?

Accepted Answer

Trading FLOKI for BCH allows users to transition from a speculative asset to a more utility-focused cryptocurrency designed for practical transactions.

Question 4

Is BCH a good store of value?

Accepted Answer

While BCH is optimized for transactions, its value proposition lies in its utility as a medium of exchange rather than a long-term store of value.

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 FLOKI (Ethereum) to BCH (Bitcoincash)

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Frequently Asked Questions