Cryptocurrency Q&A
How does selling on Chrono work?
How does selling on Chrono work?
KDramaLegendaryStarlightFestival
Thu Oct 03 2024
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5 answers
1303
Could you please explain the process of selling assets on Chrono in a step-by-step manner? Specifically, how does one list an item for sale, set a price, and then facilitate the transaction with a potential buyer? Additionally, are there any fees associated with selling on Chrono, and how are these fees calculated? I'm also curious about the security measures in place to protect both buyers and sellers during the selling process. Thank you for your time and assistance in clarifying this process.
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5 answers
Rosalia
Sat Oct 05 2024
When engaging with the Chrono24 Escrow Service, the buyer initiates the process by transferring funds to a dedicated escrow account. This step ensures that the money is held in a neutral and secure location, pending the successful completion of the transaction.
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amelia_jackson_environmentalist
Sat Oct 05 2024
Once the funds have been received, the seller is then responsible for shipping the watch to the buyer. This process is crucial, as it signifies the start of the delivery phase of the transaction.
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Chiara
Sat Oct 05 2024
Upon receipt of the watch, the buyer has the opportunity to inspect it and confirm its authenticity and condition. If everything is in order, the buyer then confirms the successful delivery to the escrow service.
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amelia_harrison_architect
Sat Oct 05 2024
With the successful delivery confirmed, the escrow service proceeds to release the funds to the seller, minus the commission fee. This step completes the transaction, ensuring that both parties are satisfied and that the funds are securely transferred.
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GeishaCharm
Sat Oct 05 2024
Security is paramount in the world of cryptocurrency transactions, and one way to ensure this is through the utilization of trusted escrow services. Chrono24 Escrow Service is a prime example, offering a secure platform for buyers and sellers alike.
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