Question 1

What is PYUSD?

Accepted Answer

PYUSD is a stablecoin on the Ethereum blockchain, designed to maintain a 1:1 peg with the US dollar, providing a reliable store of value for traders.

Question 2

Why trade AVAX?

Accepted Answer

AVAX is the native token of Avalanche, offering fast transaction speeds, low fees, and robust support for decentralized applications and DeFi projects.

Question 3

How does PYUSD ensure stability?

Accepted Answer

PYUSD maintains its stability through a reserve of assets backing its value, ensuring it remains pegged to the US dollar.

Question 4

What are the use cases for AVAX?

Accepted Answer

AVAX is used for transaction fees, staking, and governance on the Avalanche network, as well as powering decentralized applications and DeFi platforms.

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 PYUSD (Ethereum) to AVAX (Avalance)

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