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Start trading like a pro securely with the Fokawa trading guides.
How can I cancel a trade? -V2
Because of the way the escrow mechanism works on Fokawa, you are not always allowed to cancel a trade. Whether or not you can cancel a trade depends on the state of the escrow, and whether you are the buyer or seller. If you are the buyer, you can cancel at any time. If there is crypto in escrow, it will be returned to the seller after you cancel. If you are the seller, you can only cancel a trade if the payment window timer has expired and the buyer has not marked the trade as paid. If the bu
I released the escrow by accident. Can you reverse the transaction? -V2
When an escrow is released, it is final. There is no avenue for recovery as we do not hold any of your crypto at any time. You are dealing directly with the blockchain, and it’s not possible to call back a transaction.
How many active offers can I have at once? -V2
Local payment methods (e.g. bank transfer, cash): The maximum is 2 offers per combination of country, payment method, and type. International payment methods (e.g. PayPal, Venmo): The maximum is 2 offers per combination of payment method and type (buy/sell). For example you can have up to 2x PayPal/buy offers, 2x PayPal/sell offers, and 2x Venmo/buy offers at the same time. These limits are subject to change.
After posting an offer, how will I know when I have a trade? -V2
You will be notified via e-mail for each new trade. You can also choose to receive SMS or push notifications.
What is the minimum amount I can trade? -V2
The minimum amount you can trade for each cryptocurrency is $1 or its equivalent fiat or cryptocurrency.
Why have my offers been hidden? -V2
Offers may be hidden for one of three reasons: You don't have enough balance, your current balance must match your maximum trade offer. Ei; your minimum is 100 and maximum is 1000 for an offer, your wallet balance must be atleast 1000. You did not respond to a new trade within a reasonable timeframe, so your offer was automatically disabled to keep the marketplace healthy. When this happens, you will receive an email with more information. Your account may be restricted. If this is the c