Frequently Asked Questions

Below are some of the most common questions and answers.

USD1 is a stablecoin pegged to the US dollar, providing stability and liquidity for trading on the Ethereum blockchain.

DOT is the native token of Polkadot, facilitating governance, staking, and cross-chain connectivity for decentralized applications.

USD1 maintains its peg through collateralization and algorithmic mechanisms, ensuring its value remains stable relative to the US dollar.

DOT is used for governance, staking to secure the network, and bonding to connect parachains within the Polkadot ecosystem.

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.

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