Security deposits are a common practice often used to ensure the integrity of transactions and to facilitate a secure marketplace.
In NoOnes, security deposits can be as low as 0.005 BTC or 315 USDT, or be ID-verified (complete Identity Verification) user to bypass this deposit.
Note:
- If you are ID-verified, the security deposit requirement is waived for most payment methods. However, it will still be required when selling crypto for Gift cards.
- If you don’t have enough crypto in your account to cover the security deposit, your offer will not be activated.
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Your security deposit amount can be released not earlier than 7 days after your last trade.
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You can manage your security deposit from My Offers dashboard.
- Not all offers require a security deposit, it depends on payment method and sometimes on region.
- No security deposit will be required for trades less than $50 in total volume per day
Making a security deposit
1. Log in to your NoOnes account.
- From the dashboard, hover over Trades in the top navigation menu, then select My Offers from the dropdown.
2. On the right side of the screen, click the Deposit Now button.
3. Review the message carefully, then click Deposit to confirm the transaction.
4. After confirmation, you will receive a notification indicating that your crypto has been successfully transferred from your wallet to NoOnes’ secure escrow.
Note: You do not have to deposit BTC or USDT for each offer or payment method separately. Your deposit covers all offers.
Withdrawing security deposit
1. Login to your NoOnes account. Go to My Offers.
2. Above the My Offers list on the Security deposit dashboard, click Withdraw.
3. Read the message carefully and click Withdraw to confirm the transaction. A notification will then appear confirming that your crypto was withdrawn from NoOnes secure escrow to your wallet.
Note:
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You can withdraw your security deposit not earlier than seven days after your last trade. This includes successful and cancelled trades.
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