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.
DOGE is popular due to its low fees, fast transactions, and strong community support, making it ideal for microtransactions and tipping.
Yes, you can trade MKR for DOGE on supported exchanges that offer this trading pair.
DOGE's value is highly volatile and driven by community sentiment, so it's important to research and assess risks before investing.
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.
