Frequently Asked Questions
Below are some of the most common questions and answers.
OKB is used for discounted trading fees, staking, governance, and accessing exclusive features within the OKX ecosystem.
Bitcoin is considered a store of value due to its limited supply, decentralized nature, and proven resilience over time.
Yes, OKB can be staked to earn rewards and participate in governance within the OKX ecosystem.
Bitcoin ensures security through its proof-of-work consensus mechanism, decentralized network, and cryptographic protocols.
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.
