I see you have to you to put up a 300% of the trade amount deposit stored with a arbitrator… who is the arbitrator? Is the deposit guaranteed safe? Who and where and how stores the deposit? When is it returned?
Great product, just have questions. Thanks
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Security deposits are not stored by any single party, they are locked in a 2-of-3 multisig with you,the arbitrator and the other trader.
Security deposits are customizable so you can always set it to fit your trade amount reasonably.
If security deposit is a large percentage of your trade amount by default, that means that you are trading an unusually small amount, but would still be able to customize it before making an offer.
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