Frequently Asked Questions
Below are some of the most common questions and answers.
DYDX is primarily used for governance and fee discounts on the decentralized exchange platform, providing users with voting rights and reduced trading costs.
BNB is popular due to its utility in paying transaction fees, staking, and accessing a vast ecosystem of decentralized applications and services on Binance Smart Chain.
Yes, you can trade DYDX for BNB directly on supported exchanges that list this trading pair, enabling seamless cross-chain transactions.
BSC offers fast transaction speeds, low fees, and compatibility with Ethereum-based tools, making it an efficient choice for traders and developers.
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.
