Frequently Asked Questions

Below are some of the most common questions and answers.

GLM is used to facilitate transactions within the Golem Network, allowing users to buy and sell computational resources in a decentralized marketplace.

BCH is popular for payments due to its fast transaction speeds, low fees, and scalability, making it suitable for everyday use.

Yes, GLM can be traded for BCH on supported exchanges that list this trading pair.

BCH focuses on faster transactions and lower fees compared to BTC, prioritizing usability for everyday 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.

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