C2C Trading Tutorial – Kikitrade

1. What is C2C？

‘Customer-to-customer’ (C2C) trading is a form of trading where a buyer and seller directly exchange their crypto and fiat assets through our online marketplace on our platform.

2. What is an advertisement ?

Users can post the price they would like to trade their crypto on our platform, this is known as an "Advertisement".

3. Who is the publisher

The party who list the "advertisement", to buy/sell or cryptocurrency is the publisher.

4. What is a release ?

Once the buyer paid the seller, and the seller confirmed that the payment is received, the seller release the crypto to the buyer.

5. What is an appeal?

If there is a dispute between a buyer and a seller, and would like to initiate an [Arbitrate Request], they can file an appeal. The crypto involved in the trade will be locked during the process.

6. Cancelling an appeal

Once the dispute is settled between the buyer and seller, the order will return to waiting for confirmation status for seller to confirm and release the crypto, the crypto will stay lock until the seller confirm the payment.

7. How to post ads？

Any users who meet the prerequisites can select [Create ad] to post an ad. Once you input the detail such as trading amount, price, and preferred payment method, you can publish the ad.

8. How to become a merchant?

User who meet the asset prerequisites can apply on our platform to become an enterprise/merchant after the auditing process.

How to become a C2C merchant

9. What is "In order"?

To ensure an smooth trading progress, our platform temporary lock the corresponding amount of digital currency until both parties confirms the trades by clicking [Received payment].

10. Why do you need to add payment method?

To receive payment from a buyer, you are required to have a verified payment payment.

11. Fiat trade prerequisites

You must have a verified phone number and completed the verification (KYC) process

For more info on Kikitrade C2C transaction, refer to these articles:

How to use Kikitrade C2C to purchase/sell crypto currency?
C2C transaction