🔩Fees

You will be charged a flat transaction and platform service fee of 2.5 percent. OAZIZ charges a withdrawal fee when you need to transfer your NFT assets to your wallet. The withdrawal fee is calculated dynamically and automatically based on a number of factors, including market conditions and network availability.

Functionality

We're putting a lot of effort into establishing a user-friendly and successful marketplace, so there's a lot more to learn about the features this project will provide. Due to the fact the marketplace is part of the OAZIZ ecosystem, it's critical to have a clear understanding of how everything will work.

Adding funds to internal balance of the platform by connecting deposit wallet

In a centralized auction without a private wallet, each user has an internal balance on the auction site that reflects the actual current balance of the connected third-party custodial storage. This credit has only one base currency on the platform and there is no support for multi-currencies in the MVP version of the product. If the main currency is a cryptocurrency, the user sees it in his personal account (e. g. SOL) in the form of a balance and a deposit address. The deposit address for each user is unique, it is issued upon request through Crypto Processing webpage. The user can either scan or copy the address of the wallet to which he adds funds for further use on the site to pay for the bet.

Adding funds to personal balance in 5 steps:

  1. The user opens his profile section in the account management section.

  2. The user selects the payment method (and accordingly the SOL currency in the case of the SOL smart contract currency).

  3. The system automatically registers an invoice for payment and directs the user to the payment service of the interface. If there is no fiat currency and the payment is only in the smart contract currency, the system simply shows him the depository SOL address.

  4. The user makes the payment in the payment system interface. The payment service sends a callback to confirm the payment.

  5. The system changes the user's balance and shows it in his profile.

Last updated