Frequently Asked Questions
Below are some of the most common questions and answers.
MKR is the governance token for MakerDAO, allowing holders to vote on protocol changes and manage the DAI stablecoin system.
ETH on BASE offers lower transaction fees and faster processing, making it ideal for DeFi applications and everyday transactions.
MKR's value is tied to its governance utility and the stability of the DAI stablecoin, which it helps manage through collateralized debt positions.
BASE provides a scalable and cost-efficient environment for ETH transactions, reducing gas fees and improving user experience.
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.
