Click on settings button (top right of home page).
Select “My Credits Wallet” field.
Select payment method (either cryptocurrency or PayPal).
Press Proceed green button.
Click on Next button located at form bottom.
Approve transaction either in PayPal or in your cryptocurrency wallet.
In case that PayPal has been selected as paying method the minimal amount can be deposited is 4 USD.
In case that cryptocurrency has been selected as paying method the minimal amount can be deposited is 4 USDC.
For example let’s say we want to buy a item with a total cost of 3 Dai.(1 Dai for item price. 1 Dai for shipping. 1 Dai for Cryptozmarket fees).
Press Buy Now. ( Cryptozmarket check your metamask for network).
Enter your shipping address in form.
Read terms of transaction and in case of agreement click on proceed.
Create a new smart contract by clicking confirm via metamask wallet.
Approve the transfer of item total cost (i.e. 3 Dai) to the blockchain via wallet. In order history the transaction status is pending.
The 3 Dai remains in blockchain until seller accepts the order. In case that either you or seller cancel the transaction the whole amount (i.e. 3 Dai) is returned to your wallet.
Seller accepts the order. Then shipping costs are deposited to his wallet (i.e. 1 Dai) and Cryptozmarket get its commission (i.e.1 Dai). Seller fill shipping details (Track number and courier company url) within Cryptozmarket form. In order history transaction status changes to shipping.
You check out tracking number via courier company url and in case of agreement you approve transaction and item price (1 Dai) is released to seller wallet. In order history the transaction status changes to completed.
The seller will get his money 24 hours after the successful sale process. unless the buyer releases his money before 24 hours.
In case that either you or seller cancel the transaction only the item price is returned to your wallet (i.e. 1 Dai).
Finally if everything works correctly seller is rewarded with 5 XP