Advanced options

published on:2016-12-28 17:17:50Updated on:2016-12-28 17:15:47

Common Options


(1) Transaction Type

Select the type of ad you want to publish: Sell Online, Buy Online, Sell for Cash, Buy with Cash.


(2) Country

Select the country / area that you want the advertisement to display.


(3) Currency

Select the currency in which you want to sell or buy Bitcoin. For example, if you want to sell in France, you should select EUR. You can use https://en.wikipedia.org/wiki/ISO_4217#Active_codes to find currency abbreviations.


(4) Fixed Price

When you enable a fixed price, your Ad prices do not fluctuate with the bitcoin price and always remain fixed.


(5) Exchange and Premium

An easy way to price your Ad is to choose a premium that you want to be higher or lower than the designated exchange. To enter a premium, enter a percentage in the premium field.


(6) Pricing Formula

If you want to manage prices further, you can use the Price formula field. This field allows you to create advanced pricing algorithms that can include multiple variables. Learn more in our price formula.

(7) Payment Method

Select the method of payment that you want to provide in the Drop-down menu. See more in the Payment Method related section.


(8) Payment Method Notes

Writing down your payment method specific information, such as the choice of payment method I "Domestic bank transfer", you should write down the bank's specific name and the bank card number.


(9) Terms of Transaction

Visitors can browse your written text in the ad page. It is recommended that you write a description of the user who initiated the transaction with you, so that the other party know how to conduct the transaction and any specific instructions you have. You can browse other traders ' Ads to clearly understand the terms of the transaction.


For example: "Only if you submit a receipt as a payment voucher, I will release Bitcoin." or" Please provide your identification to ensure that your funding is safe.”


(10) Enabling Automatic Reply

Filling in the contents of the automatic reply to enable, when the order is generated, the system will send an automatic reply message to the user who initiated the transaction.

You can edit the automatic reply to guide your customer's next steps, especially if you are unable to respond to your users in a timely manner. Automatic reply can improve your trading efficiency.


(11) Enabling Security Options

Once enabled, an Ad is only for users who have been authenticated and have been verified by their phone.


(12) Only Trusted Traders

Once enabled, only traders you trust are trading with this Ad.


(13) Minimum and Maximum Turnover

Filling in the minimum and maximum limits for each transaction. For advertisements sold online, the maximum turnover is limited by your available assets.

If you don’t complete this entry, your transaction limit is default to Unlimited , the trader cannot present to you the minimum and maximum transaction ( 0.1-99999999 ) limits that are given by the system

 

Special Options


(1) Sell Online

a. Payment Two-dimensional Code

When you select a portion of a third-party payment tool, you can upload your payment two-dimensional code for the user to scan and transfer quickly to you. The payment two-dimensional code is displayed to your users after the order is generated.

b. Advanced Options -- Cumulative Minimum Transactions

How much do you want the seller to do before BTC the amount of transactions counted. Set the value of this key to a number greater than 0 to filter out all 0 transaction buyers

Asking the seller how many BTC transaction they had done. Setting this value to a number greater than 0 filters out all zero-volume buyers

c. Advanced Options -- Minimum Rating Score

Requiring the buyer's praise percentage (0-100%). This is not valid for new buyers who have not traded.

d. Advanced Options -- New Buyer Restrictions

Limiting the BTC number of new buyers you can trade. This entry applies to users who have not yet traded in BitcoinWorld, and the value you set will limit the amount of the first transaction for the new user. Setting a lower number can reduce your risk of being cheated

e. Advanced Options -- Transaction Factor

Limiting the number of buyers who have traded with you many times. This will limit the total volume of transactions you have had with the trader multiplied by the factor you set.

For example: You and the Trader A Total Transactions 2BTC, if you set this to 1.5. Trader A currently available for you to purchase 2BTC*1.5=3BTC.


(2) Buy Online

Payment terms: Filling integer in minutes. Through this to the seller to ensure your completed payment time can, over the period of non-payment, your transaction will be automatically canceled.


(3) Sell for Cash

Fluctuating Price: After being enabled, the amount of bitcoin traded fluctuates with the market price, and the number of Bitcoin in the final transaction is determined when the bitcoin is released. At the beginning of the transaction, the number of bitcoins in the 15% is frozen to allow you to have enough bitcoin to release, and the bitcoins will be returned upon completion.


Supposing you enable fluctuating, the user deals with you when a transaction order is generated 1 BTC= 1000 USD , your account must have at least 1* ( 1+15% ) =1.15 BTC so that you can be injected successfully. Supposing that when you release the bitcoin, dollar price up to the 1050 USD, the amount paid by the other party remains at 1000 USD, but the number of bitcoin you release will be reduced to 1000/1050=0.95 BTC.


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