Seller and buyer makes a deal and sends their wallet addresses to escrowOTC where transaction will be made of exchanged coins. EscrowOTC provides wallets address where seller and buyer will transfer the coins. After receiving coins from both parties and verified, escrowOTC send coins back to seller and buyer with low escrow fee, it all managed and verified by live personal so no mistake will be made. Seller and buyer shall verify coin wallet application before making deal that it is fully fanatical and able to synchronize till last block. no exchange wallets are supported, it is on their own risk to make such deposition.
It is up to the seller and buyer to make decide which currency they will use for trade (we accept it all) Let say they want to trade coin A to coin B. escrowOTC will take fee from seller and buyer 50/50 Coin A and coin B, Check fees below.. However coin total amount shall not equal of equivalent of less then a 100K Satoshi.. As mentioned above it is up to two parities to agree on what would be an exchange coin payment, they can pay Coin A with any other coin/cryptocurrency.
Fee
- $10 or 100K Satoshi to $200 or 2000K Satoshi fee 0.5% from saller and buyer total 1%
- $200 or 2000K Satoshi to $500 5000K Satosh fee 0.4% from seller and buyer total 0.8%
- $500 5000K Satosh to $1000 10000K Satoshi fee 0.3% from seller and buyer total 0.6%
Logistics diagram