What's the Verification Ads feature?

Published on Jul 26, 2024Updated on Nov 25, 20244 min read42

The stellar Verification Ads feature on P2P trading platform is designed to bolster the security and trustworthiness of your transactions. By requiring additional verification from users before completing a trade, it ensures a safer trading environment. This added layer of security helps build trust between buyers and sellers, significantly reducing the risk of fraud.

What are Verification Ads?

Verification Ads are exclusively available to be posted by Diamond merchants. These ads are distinct because they require additional verification from trading partners. You’ll notice these ads tagged specifically to indicate this extra layer of security. It’s a clear signal to you about the higher security requirements of the trade.

Why should I use Verification Ads?

  • Increased trust: the verification tag acts as a beacon of trustworthiness, showing to the rest that you're serious about security. This often leads to more successful and repeat transactions.

  • Enhanced security: with additional verification process, the risk of fraud is minimized, creating a safer trading space for everyone.

  • Improved trading experience: traders dealing with Verification Ads typically enjoy smoother transactions and fewer disputes due to heightened security measures.

How do I create Verification Ads?

  1. Achieve Diamond merchant status: only those with Diamond merchant status can create Verification Ads. Make sure you meet the criteria by completing the necessary verification and maintaining good trading practices.

  2. Create an ad: head over to our P2P marketplace and start creating a new buy or sell ad. Fill in all the crucial details such as the amount, price, and preferred payment methods.

  3. Select verification requirement: during the ad creation process, indicate the need for additional verification. This'll tag your ad accordingly.

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    Set verification requirement to tag the ad

  4. Review and publish: carefully review all ad details before you proceed to publish. Once everything checks out, post your ad. Our P2P platform will make it visible in the marketplace with the verification tag.

How does the verification process work?

  • User places an order: when someone places an order on a Verification Ad, a pop-up window will list the merchant’s additional verification requirements.

  • User accepts or declines: at this stage, you can either accept or decline the terms. If you accept it, a new order is placed. If you reject the terms, the order is automatically canceled.

  • Proceed with trade: upon accepting the verification requirements, you can proceed with the trade, following the additional steps outlined by the Diamond merchant.

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    You'll be notified by a pop-up window with all the verification information required by merchants

What are the tips to maximizing its effectiveness?

  • Keep information accurate: ensure all information during the verification process is precise and up-to-date. This maintains your verification status and credibility.

  • Prompt communication: quick responses to inquiries and messages from potential buyers or sellers can help close deals faster.

  • Maintain good trading practices: we encourage you to always adhere to best practices of P2P trading. Confirm payments promptly and release crypto quickly. This builds a positive reputation and helps maintain your verification status.

  • Stay updated: regularly check and update your verification information if needed. Keeping your details up to the current version ensures your verification status remains valid.

For more details on creating and managing Verification Ads, visit our P2P marketplace or contact our support for assistance. Trade securely and confidently with Verification Ads now!