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, ensuring price stability.
Trading PYUSD for ETH allows users to transition from a stable asset to a versatile cryptocurrency, enabling participation in DeFi and other Ethereum-based applications.
ETH is the backbone of the Ethereum network, enabling smart contracts, decentralized finance, and a wide range of blockchain-based innovations.
Yes, PYUSD operates on the Ethereum blockchain, leveraging its robust security and transparency features to ensure safe 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.
