Frequently Asked Questions

Below are some of the most common questions and answers.

OKB is used for discounted trading fees, staking, governance voting, and accessing exclusive features within the OKX ecosystem.

DOT is a key player in the blockchain interoperability space, enabling seamless communication between different blockchains and supporting a growing ecosystem of decentralized applications.

Yes, both OKB and DOT can be staked to earn rewards, with OKB staking offering benefits within the OKX ecosystem and DOT staking securing the Polkadot network.

The OKB-DOT trading pair allows users to diversify their portfolios by trading between a utility token with ecosystem benefits and a leading interoperability-focused blockchain asset.

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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