Frequently Asked Questions

Below are some of the most common questions and answers.

GLM is used to facilitate transactions on the Golem Network, allowing users to buy or sell computing power in a decentralized marketplace.

LTC is considered a good payment option due to its fast transaction confirmation times and low fees, making it suitable for everyday use.

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

LTC is known for its faster block generation time and lower transaction fees compared to many other cryptocurrencies, making it more efficient for small transactions.

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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