Frequently Asked Questions

Below are some of the most common questions and answers.

OKB is a utility token that provides benefits such as discounted trading fees, access to exclusive rewards, and participation in token sales on the OKX platform.

Bitcoin Cash is designed for fast, low-cost transactions, making it a practical choice for everyday payments, remittances, and peer-to-peer transfers.

Yes, OKB can be traded for BCH on supported decentralized exchanges (DEXs) that list the trading pair, leveraging Ethereum-based smart contracts.

Bitcoin Cash focuses on scalability and lower transaction fees, enabling faster and more cost-effective payments compared to Bitcoin, which prioritizes store of value.

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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