Fiat

How to set up counterparty trading requirements on P2P

2023-03-31 05:39123832
In order to make merchants work easier, we have come up with a new feature called " Counterparty Trading Requirements". This feature lets a merchant choose/filter users with who he wants to accept orders or initiate a trade. With this new feature merchants can set up requirements/conditions for the user, and only the user who satisfies these requirements will be able to trade with the merchant.
Here's a video guide on how you can use this feature as a P2P merchant when posting advertisements.
If you are still not a merchant, please click to learn How to become a Merchant on Bitget P2P.
If you need to set the trading requirements of the counterparty (non-merchant users) , you need to click this button to enable this feature.
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1)Completed trades:The number of orders that the counterparty has completed in the past
For example:
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This means that only users whose total number of completed P2P orders is greater than 5 will be able to place orders from this advertisement. (for filtering old users)
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This means that only users whose total number of completed P2P orders is less than 5 will be able to place orders from this advertisement. (for filtering new users)
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This means that the users whose total number of completed P2P orders is greater than 5 but less than 10 orders will be able to place orders from this advertisement.
2)Max.trades per user:The maximum number of times each user can place an order from this advertisement
For example:
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If it is set as 1 then each user can place only 1 order from this advertisement
3)Allow merchants:Whether you allow other merchants to place orders from this ad
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Opening this button means that all users and merchants can place orders in this advertisement
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Closing this button means that only users can place orders in this ad, and merchants can not place orders
4)30-day trades:The counterparty's 30-day completion rate
For example:
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This means that only counterparties whose 30-day order completion rate exceeds 80% can place orders in this ad
5)Specific country:The KYC nationality of the counterparty
Users in most countries can only trade in fiat currencies corresponding to their KYC nationality. A few special countries can trade in multiple fiat currencies.
You can also reach out to us on telegram @bitgetp2ppay or @Bitgetlamelo for any queries or email us at p2p@bitget.com