Question 1

What is POL used for?

Accepted Answer

POL is used for governance, staking, and accessing decentralized applications on the ETH blockchain.

Question 2

Why is BTC considered a store of value?

Accepted Answer

BTC is considered a store of value due to its limited supply, decentralization, and widespread acceptance as digital gold.

Question 3

Can I stake POL tokens?

Accepted Answer

Yes, POL tokens can be staked to earn rewards and participate in network governance.

Question 4

How does BTC maintain its value?

Accepted Answer

BTC maintains its value through its scarcity, robust security, and global recognition as a reliable digital asset.

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 POL Ethereum to BTC Bitcoin

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