Frequently Asked Questions
Below are some of the most common questions and answers.
JUP is primarily used within the Solana ecosystem for DeFi, NFTs, and other decentralized applications, benefiting from Solana's high-speed and low-cost infrastructure.
DOT is essential for Polkadot's cross-chain functionality, enabling interoperability between blockchains and supporting the development of scalable, decentralized applications.
Trading JUP for DOT allows users to diversify their portfolio by accessing Solana's high-speed ecosystem and Polkadot's cross-chain capabilities.
Transaction fees depend on the platforms used, but Solana's low fees and Polkadot's efficient network ensure cost-effective trading.
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.
