Thank you for attending the lecture in Steemit-Crypto-Academy- Season 2 & doing the homework task-1.

I studied the basic data on the seller such as the percentage of orders made, ordering time, confirmation of the identity of the seller.

Yes, the part history(preferably 30-d stats) helps us to take a decision to trade with a merchant.

The protection of conditional deposit is very important.
When you open a deal, the stock exchange automatically freezes the cryptocurrency on the seller's account and in the slack of fraud from the seller and confirmation of the money transfer you to the seller of the exchange will send you cryptocurrency. In this case, the Exchange acts as a guarantor of the transaction and you can be calm whether you are not valid if you are executed by the rules that set the exchange for exchanging. This is a very positive moment.

When the crypto asset is escrowed:-

• Only a seller can release the asset.
• Only a Buyer can cancel/complete the trade.

In the case of a dispute, the third party(Binance) will intervene and after checking the facts/evidence, will release to the legitimate owner.

Feedback/Suggestions:-

• The author has demonstrated how he bought 6.09 USDT as Market Taker.
• The author should cover all the sub-parts of the Task to score better.
• Use of Markdown, proper emphasis on the text can help the author to present it in a professional way.

Thank you.

Homework Task -1 accomplished.
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