🗳️OTC

The OTC section comprises three distinct sub-parts: the Manage OTC section, the Browse section, and the Create Listing section.

Creating A Listing

When initiating the process of creating a listing, the first step involves selecting a token from your holdings that you wish to exchange.

For instance, if you possess 30 LINK tokens, you would designate LINK as the token for the swap. Following this, the subsequent step is to transmit the quantity of the chosen token you intend to exchange, aligning with the amount you possess.

In this scenario, if you own precisely 30 LINK tokens, you would specify this quantity during the listing creation process.

Following the initial steps, you will be presented with a list of available tokens for the exchange.

Suppose you wish to trade your 30 LINK tokens for Ethereum (ETH). In this case, you would select ETH from the provided options as the desired token for the swap.

This step ensures that the exchange aligns with your preferences, facilitating a seamless and personalized trading experience.

Following the selection of Ethereum as the target token, the next step involves specifying the amount of ETH you aim to receive for your 30 LINK tokens. In your case, you wish to receive 0.03 ETH for the entire 30 LINK tokens, and you would input this value.

Subsequently, you are prompted to decide on whether to allow partial fills or only sell the full amount. Opting for partial fills is advantageous for larger orders, enabling different buyers to purchase portions of the listed tokens. Conversely, selecting to sell the full amount ensures that the user can acquire the complete quantity specified in the listing.

Once you have chosen your fill type, the menu adjusts accordingly, and the system awaits your confirmation by clicking on "Done." This step finalizes the creation of your customized listing.

After configuring the details of your OTC listing, a comprehensive summary of the listing you are about to create will be presented.

Take a moment to review all the information to ensure accuracy. Once you are confident and sure about the details provided, you can proceed by clicking on "Done" to initiate the creation of your OTC listing.

This final step solidifies the process, and your listing will be active, ready for potential buyers to engage with.

Upon successfully creating the OTC listing, you will receive a QR code containing all the essential information required for both deposit and tracking purposes. It's important to note that, initially, your listing remains invisible to the public. Visibility is contingent upon the completion of the specified deposit.

Upon depositing the required amount, your listing will automatically become visible to potential buyers, facilitating a seamless and transparent process for both listers and interested parties.

Browse Listing:

The Browse Listing section serves as a tool for discovering listings and trading pairs. Upon entering this section, you'll encounter a selection of sample tokens as a quick reference.

However, if you're seeking a token that is not among the samples, you can efficiently search for the specific token you wish to trade. This search functionality streamlines the process, ensuring users can easily find and engage with the trading pairs of their choice.

Following the completion of your search, the system will display the found results. In cases where there are numerous results, you can navigate through them using the "Next" button, allowing you to seamlessly explore multiple pages of results and refine your choices. This feature enhances the user experience, making it convenient to browse and locate the specific trading pairs or listings you are interested in.

Upon identifying a favorable trade, simply click on the "Trade" button. Subsequently, you'll be prompted to select the currency you possess, recognizing that in certain scenarios, there may be multiple trading options available for a single token.

This step ensures that the trading process aligns precisely with your preferences, allowing you to engage in transactions that suit your specific needs and requirements.

After selecting your currency and initiating the trade, a summary of your order will be promptly sent to you. This summary provides a comprehensive overview of the transaction details.

Take a moment to review this information to ensure accuracy. Once you have confirmed that the details align with your intentions, you can proceed by confirming your order. This additional step adds a layer of verification to the process, ensuring that you have the opportunity to double-check and confirm your trade before its execution.

Upon confirming your order, the standard payment process will seamlessly proceed. Once your payment is successfully completed, the owner of the listing will be promptly notified of your new order. The bot then expeditiously processes your order, ensuring an instant and efficient transaction.

To access the received cryptocurrency, navigate to the "Manage OTC" section and select the "My Orders" subsection. Here, you can conveniently retrieve your acquired crypto.

For the individual who created the listing, the corresponding section would be "My Listings" instead of "My Orders."

This structured organization in the user interface ensures clarity and ease of access for both buyers and sellers involved in the OTC trading process.

Manage OTC:

Under the "Manage OTC" section, you'll have a comprehensive overview of all your OTC activities, including both active and completed listings and orders. This centralized location allows you to conveniently track and manage your OTC trading history, providing a clear and organized record of your past interactions with the bot.

Whether you're monitoring ongoing trades or reviewing the outcomes of completed transactions, the "Manage OTC" section serves as a valuable tool for efficiently navigating and overseeing your OTC-related activities.

In the "My Listings" section, you will find a comprehensive list of all your current listings. This section empowers you with the ability to manage the properties of each active listing. Key functionalities include:

Setting Visibility: You can adjust the visibility of your listings, determining whether they are visible to the public or not.

Checking Payment Status: Easily monitor the payment status of each listing to stay informed about the progress of transactions.

Deposit Information: Access deposit information for listings where crypto has not yet been deposited, providing clarity on the status of pending transactions.

Withdrawal from Escrow Wallet: Initiate withdrawals from the escrow wallet to transfer funds to the wallet of your choice.

Editing Price: Modify the price of your listing as needed, ensuring flexibility in adapting to market conditions.

This centralized control panel enhances your ability to actively manage and customize your listings, optimizing your overall experience as a user on the platform.

In the "My Orders" section, you have the option to cancel an order if you haven't deposited funds yet. This feature allows for flexibility in managing your transactions before any commitment of crypto has been made.

However, once you have deposited the required amount, the withdrawal option becomes available. In this case, you can only withdraw the crypto to your designated wallet, as the deposit indicates a commitment to the trade.

This structure ensures a user-friendly and secure process, giving you the ability to make necessary adjustments before a financial commitment is made, and providing a straightforward way to complete transactions once the deposit has been initiated.

To initiate a withdrawal, you'll be prompted to provide your wallet address. Once you submit your wallet address, the tokens will be processed and sent to the specified address within a few minutes.

This streamlined and efficient withdrawal process ensures a quick and seamless experience for users looking to transfer their acquired tokens to their designated wallets.