Frequently Asked Questions
Below are some of the most common questions and answers.
Holding OKB provides users with reduced trading fees, staking rewards, and access to exclusive features on the OKX platform.
Litecoin is known for its fast transaction speeds, low fees, and widespread merchant acceptance, making it ideal for everyday payments.
Yes, OKB can be staked on the OKX platform to earn rewards and participate in various ecosystem activities.
Litecoin offers faster block generation times and lower transaction fees compared to Bitcoin, making it more suitable for smaller, everyday transactions.
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.
