Users Trading With Fiat

Once users hold fiat credits, they can trade them using the fiat OTC deal you set up. The user screens shown are from the HollaEx Kit v2 Web exchange website.

The user opens the Quick Trade screen, selects the fiat currency, then the crypto they want. In the example below, GBP can be converted to BTC or USDT.

Selecting the crypto to convert to

From here it works like any other OTC deal. As long as the user has enough of the asset they're converting, and your exchange's source account has enough of the asset they're buying, the trade happens straight away.

For example, a user converts 10 GBP to USDT. The price comes from the market your deal tracks, minus the spread you set.

Filled-in Quick Trade screen

After clicking Review Order, the user sees a confirmation screen. They have a limited time to confirm at that price; you set this time when you configure the deal's dynamic pricing.

Confirmation screen

Once confirmed, the user has USDT in their wallet, and your source account has the 10 GBP.

Success screen