Frequently Asked Questions
Below are some of the most common questions and answers.
SAND is used within The Sandbox ecosystem for purchasing assets, staking, and participating in governance decisions.
BCH offers faster transaction speeds and lower fees compared to many other cryptocurrencies, making it suitable for daily use.
Yes, SAND can be traded for BCH on supported exchanges that list this trading pair.
While BCH is primarily designed for transactions, some users also hold it as a store of value due to its strong network and adoption.
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.
