Frequently Asked Questions

Below are some of the most common questions and answers.

MKR is primarily used for governance in the MakerDAO ecosystem, allowing holders to vote on protocol changes and manage the DAI stablecoin system.

Trading MKR for BCH allows users to diversify their portfolio, leveraging MKR's governance utility and BCH's practical use cases for payments and commerce.

BCH offers fast transaction speeds, low fees, and scalability, making it ideal for everyday payments and merchant adoption.

While BCH is designed primarily for transactions, its utility and adoption in commerce contribute to its value as a practical cryptocurrency.

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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