Question 1

What is GALA used for?

Accepted Answer

GALA is used within the Gala Games ecosystem to purchase in-game assets, participate in governance, and reward players for their contributions.

Question 2

Why choose DASH for transactions?

Accepted Answer

DASH is preferred for its fast transaction speeds, low fees, and enhanced privacy features, making it suitable for everyday payments and secure transfers.

Question 3

Can I trade GALA for DASH directly?

Accepted Answer

Yes, GALA can be traded for DASH on supported exchanges that list this trading pair.

Question 4

Is DASH a privacy coin?

Accepted Answer

Yes, DASH offers optional privacy features through its PrivateSend functionality, allowing users to anonymize their transactions.

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

Instaswap is a non-custodial DEX aggregator: swaps settle on-chain through decentralized liquidity protocols, and we do NOT offer centralized exchange (CEX) swaps, accounts or balances. Funds in transit move under predefined, non-discretionary rules, with your refund address fixed before you deposit.

Swap GALA (Ethereum) to DASH (Dash)

Description

Frequently Asked Questions