How it Works

Payment Process on CryptBartex:

CryptBartex offers a seamless and secure payment process for users looking to engage in asset bartering. Currently, we are delighted to announce that the platform incurs zero Ethereum (ETH) fees for all transactions, making it highly cost-effective for our valued users.

Here's how the payment process works:

1. Creating a Bartex: When you initiate a Bartex, your assets are securely stored within our smart contract. This ensures the safety of your assets until the barter is completed.

2. Accepting a Bartex: Likewise, when the other party accepts your Bartex proposal, their assets are also held securely within the contract. This dual-lock mechanism guarantees that both parties' assets are safeguarded throughout the entire transaction process.

3. Platform Fee (Currently Zero ETH): CryptBartex is pleased to inform you that, at present, there are no platform fees associated with creating or accepting Bartex proposals. This means that you can explore the world of asset exchange without incurring any additional costs.

4. Completion and Expiry: After accepting a Bartex, both parties have a mutual responsibility to complete the exchange within 7 days. Should you and your barter partner successfully complete the exchange, the assets will be swapped securely within the smart contract.

5. Inactivity Handling: In the event that either party fails to accept or cancel the Bartex within the stipulated 7-day period, the Bartex will be closed from the smart contract. In such cases, you can withdraw your provided assets by paying a platform fee (currently set at zero ETH).

At CryptBartex, our priority is to offer a transparent and user-friendly platform for asset bartering. With zero platform fees and a secure smart contract, you can confidently explore a world of asset exchange like never before. We look forward to facilitating seamless and efficient transactions for you. Happy Bartexing!