Question 1

What is PYUSD?

Accepted Answer

PYUSD is a stablecoin on the ETH blockchain designed to maintain a 1:1 peg with the US dollar, ensuring stability and reliability for transactions.

Question 2

Why trade ETH on the ARB blockchain?

Accepted Answer

ETH on the ARB blockchain benefits from lower transaction fees and faster processing times, making it a preferred choice for DeFi and dApp users.

Question 3

Is PYUSD secure?

Accepted Answer

Yes, PYUSD is built on the secure and widely trusted ETH blockchain, ensuring robust security and transparency for all transactions.

Question 4

What are the use cases for ETH on ARB?

Accepted Answer

ETH on ARB is used for decentralized finance (DeFi) applications, smart contracts, and scalable blockchain solutions, offering enhanced performance and cost efficiency.

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

Instaswap is a non-custodial DEX aggregator: swaps settle on-chain through decentralized liquidity protocols, and we do NOT offer centralized exchange (CEX) swaps, accounts or balances. Funds in transit move under predefined, non-discretionary rules, with your refund address fixed before you deposit.

Swap PYUSD (Ethereum) to ETH Arbitrum

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