Question 1

What is SOL used for?

Accepted Answer

SOL is used for transaction fees, staking, and participating in governance on the Solana blockchain, as well as powering decentralized applications and DeFi ecosystems.

Question 2

What makes CACAO unique?

Accepted Answer

CACAO stands out for its role in enabling cross-chain liquidity and interoperability, making it a key asset for decentralized finance and multi-chain ecosystems on the MAYA blockchain.

Question 3

How can I trade SOL for CACAO?

Accepted Answer

You can trade SOL for CACAO on supported decentralized exchanges or platforms that facilitate cross-chain swaps between the Solana and MAYA blockchains.

Question 4

Is CACAO a good investment?

Accepted Answer

CACAO's value depends on its adoption in cross-chain DeFi solutions and its utility within the MAYA ecosystem, making it a potential option for those interested in interoperable blockchain technologies.

Question 5

Do I need KYC to use Instaswap? How are transactions secured?

Accepted Answer

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.

Question 6

Is Instaswap decentralized? Does it support centralized (CEX) swaps?

Accepted Answer

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.

Swap SOL (Solana) to CACAO (Mayachain)

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Frequently Asked Questions