Frequently Asked Questions
Below are some of the most common questions and answers.
XCN is primarily used for DeFi applications, enabling users to participate in lending, borrowing, and staking with low fees and high efficiency.
Trading XCN for BCH allows users to diversify their portfolio, leveraging BCH's strong market presence and utility as a fast, low-cost payment solution.
BCH is reliable due to its robust blockchain infrastructure, scalability, and widespread merchant acceptance, making it ideal for everyday transactions.
Both XCN and BCH can be stored securely in compatible wallets, such as hardware wallets for BCH and Ethereum-compatible wallets like MetaMask for XCN.
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.
