Frequently Asked Questions
Below are some of the most common questions and answers.
GALA is used within the Gala Games ecosystem to purchase in-game assets, participate in governance, and reward players for their contributions.
Litecoin is popular due to its faster block generation times, lower transaction fees, and its role as a trusted medium of exchange in the crypto space.
Yes, GALA can be traded for LTC on supported exchanges that list this trading pair.
While Litecoin is primarily designed for transactions, its scarcity and established reputation make it a viable option for value storage.
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.
