Trading

You can either create your own sell offer or respond to an existing buy offer. To create an offer, go to Create Offer, select the cryptocurrency, payment method, price margin, and trade limits. When a buyer accepts your offer, you'll be notified. Once you confirm you've received the buyer's payment, release the crypto from escrow to complete the trade.

The margin is a percentage adjustment applied to the live market price. A positive margin (e.g. +2%) means you're selling at 2% above market rate. A negative margin (e.g. -1%) means you're offering a slight discount. The effective price updates in real time as the market moves.

Each offer has a time limit set by the seller — typically between 15 minutes and a few hours. The countdown starts when the trade is opened. If payment isn't confirmed before the time expires, the trade is automatically cancelled and the escrowed funds are returned to the seller.

Yes. Either party can cancel a trade before payment is marked as sent. Once the buyer clicks 'I've paid', the seller should not cancel without first verifying whether payment was actually received. Frequent cancellations can negatively affect your reputation score.

When a seller opens a trade, the crypto amount is locked in Elexa's escrow. This guarantees the buyer that the funds exist and will be released once payment is confirmed. The seller cannot access the escrowed funds until either the trade completes or is cancelled.

After a trade is completed you'll be prompted to leave feedback. You can give a thumbs up (positive) or thumbs down (negative) along with an optional comment. Feedback is public and contributes to your trading partner's reputation score.

Trade limits are set per offer and define the minimum and maximum fiat amount you can trade in a single transaction. These are set by the offer creator. Your account level also determines your overall daily trading limit.