Frequently Asked Questions

Below are some of the most common questions and answers.

MKR is used for governance in the MakerDAO ecosystem, allowing holders to vote on proposals and manage the DAI stablecoin's collateral system.

LTC is popular for transactions due to its faster block times and lower fees compared to Bitcoin, making it efficient for everyday payments.

Yes, you can trade MKR for LTC directly on supported exchanges that list this trading pair.

Holding LTC provides access to a reliable and widely accepted cryptocurrency with strong liquidity and utility for payments and transfers.

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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