Question 1

What is the MOVE token used for?

Accepted Answer

MOVE is primarily used within decentralized applications on the ETH blockchain, enabling fast and cost-effective transactions.

Question 2

Why is Bitcoin (BTC) considered a reliable asset?

Accepted Answer

Bitcoin is renowned for its strong security, decentralized nature, and widespread acceptance, making it a trusted store of value and payment method.

Question 3

Can I trade MOVE for BTC directly?

Accepted Answer

Yes, MOVE can be traded for BTC on supported exchanges, allowing users to leverage the strengths of both assets.

Question 4

What are the benefits of trading MOVE/BTC?

Accepted Answer

Trading MOVE/BTC combines the efficiency of MOVE's ETH-based ecosystem with the stability and global recognition of Bitcoin, offering a balanced trading opportunity.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

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.

Swap MOVE (Ethereum) to BTC (Bitcoin)

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