Frequently Asked Questions
Below are some of the most common questions and answers.
PYUSD is a stablecoin on the Ethereum blockchain, designed to maintain a 1:1 peg with the US dollar, providing stability and liquidity for transactions.
DOT is used for governance, staking, and enabling cross-chain communication within the Polkadot ecosystem, fostering interoperability and scalability.
Trading PYUSD for DOT allows users to transition from a stable asset to a utility token that supports decentralized applications and cross-chain functionality.
DOT's value is tied to its role in the Polkadot ecosystem, making it a promising investment for those interested in blockchain interoperability and decentralized governance.
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.
