Dunia Crypto: PAYPAIR - Decentralized escrow

P2P #PayFair platform allows to exchange on-chain from each ERC-20 token directly from the wallet. To make an exchange, the user can send an exchange offer to be collected by other users, or choose an existing offer to make a transaction immediately.

Publish bids. To issue an offer, the user goes to the PAYPAIR "P2P Exchange" section in the Wallet, selects the option to make an offer, selects the type of asset to be exchanged, enters the desired price and expiration date, and confirms the offer. Then the offer is published on the Ethereal blockchain. We provide low fees for all transactions in a safe, private and decentralized environment.

Choosing an offer Those who want to choose an existing offer can filter later with the type of token, price and transaction volume. If the user chooses an offer, it is confirmed and the transaction results are published to block Ether.

Use smart contract builder. Users have the opportunity to make custom transactions that are supported by smart contracts. Builders make it possible to set prices, maximum execution times and various parameters.

Using cross-chain platforms. By using the P2P platform chain Wallet users can exchange ETH and ERC-20 tokens for other cryptocurrency. At present, there is no solution that allows the same thing without having to trust the opponent. To overcome the possibility of a dispute, a mediator mechanism is introduced. Mediators are PAYPAIR users who get tokens (PFR) to resolve conflicts that may arise between the parties.

THE PAYFAIR TOKEN

(Ethereum ERC-20 tokens standard) PFR tokens are an essential part of the ecosystem and are designed to fulfill several roles:

Create nodes of trust in the platform.

Create escrow nodes that will resolve disputes.

Enable token holders to receive a commission on fees

PAYFAIR GOALS

Create trust-less guarantees between contractors, sellers, and buyers.

Ensure a mutually beneficial relationship between all participants within the platform.

Create an independent system without outside or developer interference.

Raise the social interest in cryptocurrencies and provide easier to use FIAT Gateway for new investors.

How to buy PayFair Tokens (PFR) on IDEX

IDEX is the largest decentralized exchange available and is currently number 1 way to buy PFRs. Decentralized exchanges differ from centralized exchanges in how to connect them directly to your wallet and do not require an account. So how do you buy PFR?

Getting Started (Linking Your Wallet)

Choose the option that works best for you:

Option 1: Create a new personal key / keystore wallet

Option 2: Connect a personal key / keystore wallet

Option 3: Connect with MetaMask

Option 4: Connect with the Ledger hardware wallet

Note: Personal key / keystore files provide the fastest user experience while MetaMask and Ledger provide higher security.

Deposit, Trade and Withdrawal

See the address of your wallet, deposit, drag and send it to another wallet from IDEX

Trading with Limit and Market Orders

Check your trading history and balance

See and cancel your open order