Escrow (direct) deal

To use escrow (direct) deal using the best bids on Marsbase, you will need to follow these steps:

  1. 1.
    Find a counterparty with whom you want to conduct the trade and agree on the terms of the transaction, such as the amount and price.
  2. 2.
    The offer maker should create the best bid auction for the desired amount of coins.
  3. 3.
    Share the offer number - ID, for ex. # 99 or direct offer link (for ex. with the counterparty.
  4. 4.
    The bidder should place a bid of the agreed size and provide the offer maker with the bid number (ID) for ex. #7.
  5. 5.
    The offer maker should close the offer with the specific bid #7, regardless of any other bids that may have been placed.
  6. 6.
    Inform the counterparty that the offer has been closed and the transaction is ready to be completed. Better to use notifications!!!
Remember to account for the 0.5% commission that will be charged to both parties from the transaction funds.