[ Swapsteem Tutorial ] - How to Post a Trade Listing On Swapsteem

in #utopian-io5 years ago (edited)

Repository

https://github.com/nirvanaitsolutions/swapsteem

What Will I Learn?

In this tutorial, You will learn how to create a trade listing on Swapsteem in order to get trade proposals for your listing.

Requirements

You should already be familiar with Swapsteem. If you are not, let me explain. Swapsteem is a peer to peer exchange platform for Steem users which enables them to trade their STEEM/SBD for fiat using secure escrow transactions.

Difficulty

  • Basic

Tutorial Contents

Here's a friendly reminder before proceeding to the tutorial. By using our service, you explicitly agree to our ToS. Please consider visiting the page if you are unsure with any terms or limitations.


  1. To get started, you would have to first login to our platform via steemconnect. Open your favorite web browser and visit https://www.swapsteem.online. The login button is conveniently placed at the uppermost right corner of the user preface at our Home Page. You will be able to see our landing home page as below screenshot.


  1. If you are familiar with the whole login process with steemconnect, you could directly skip to Step 4. But don't worry if you aren't, we are here to help. After you have clicked on the button, you would be redirected to another web page, which looks similar when compared to the following.

The circled box should be displaying the logo of SwapSteem. (Oh yes, you would need to have a Steemit account beforehand! Register here!) The authorization permissions requested by SwapSteem would also be listed there as well, please make sure you have read all the terms and only proceed if you agree with the said authorization.

Also, do note that your browser address bar should be utilizing steemconnect.com (learn more about v2.steemconnect here!) and the protocol of https (learn more about https protocol here!). It is crucial to double check because at SwapSteem, we truly value your account security since we are dealing with funds here.


  1. Once you have press 'continue', you would be redirected to one of the following web pages, depending on whether you've logged in your Steemit account on your browser. Once you have arrived at these pages, just either click on your account or enter your account details. Poof, and you are now logged in to our SwapSteem platform!


  1. Welcome to the SwapSteem!

You could first notice that your uppermost right corner has a 'logout' which indicates that you have successfully logged in. In order to proceed to initiate a trade, select the 'Post a Trade' tab which is located at the top of the page.


  1. You will then greeted by the following page.

Start by slowly filling all the required empty field. The details which you would be providing should be accurate and sufficient to initiate a trade.

There are a total of 7 fields which you have to fill if you want to create Buy lising and 13 fields while selling via a bank tansfer accordingly.

For the 'Ad Type' field,

  • You should choose whether you would like to Buy or Sell STEEM or SBD. If you are selling STEEM/SBD you will be called the Seller henceforth, similarly if you want to buy STEEM/SBD for fiat, you will be called a Buyer henceforth.

For the 'Ad Coin' field,

  • You should specify the type of Steem coins you are accepting for this advertisement, either STEEM or SBD.

For the 'Currency' field,

  • You could specify the fiat currency you are offering or accepting. Please be noted that the currency chosen should follow the standard currency acronym (Refer here for the list)

For the 'Margin' field,

  • All trades would be done based on the price at the time of order creation on your listing. We calculate the final price using the real time price API from cryptocompare and the margin.
  • You could select the margin you prefer.
  • For instance, 1% means that you would like to price your advertisement as 1% above the current STEEM or SBD price. Negative margin could be selected as well.
  • That is, if the price is 100 USD for either STEEM or SBD, margin of 1% means 101 USD as price.

For the 'Ad Coin Amount' field,

  • You should exactly how much you are purchasing or selling in terms of STEEM or SBD.

For the 'Terms' field,

  • You could describe or list down all your specific instructions for potential buyer who might initiate the trade with you. This section can be used to allow more clarifications which you required in order to proceed with the trade.
  • For instance, you could request the prospective buyer to submit proof of payment or verification documents. It is recommended and advised to check out other advertisements on the platform as well to get an idea what are some good terms of trade.

If your are selling STEEM/SBD via bank transfer, you will have to fill these additional fields as explained below :

For the 'Account Holder Name' field,

  • You will need to provide your NAME as registered with your bank account where the Buyer will deposit the fiat funds.

For the 'Account Number' field,

  • You will need to provide your BANK ACCOUNT NUMBER registered on your name where the Buyer will deposit the fiat funds.

For the 'IFSC/ABA Code' field,

  • You will need to provide your Bank's IFSC/ABA Code depending on the choosen currency.

For the 'Bank Address' field,

  • You will need to provide your Bank Address where the Buyer will deposit the fiat funds. This field is optional.

For the 'SWIFT/BIC Code' field,

  • You will need to provide your SWIFT/BIC Code if you have international transfers enabled with the bank where the Buyer will deposit the fiat funds. This field is optinal.

  1. After you have completed filling all the necessary details, you would then see a 'Publish Advertisement' button located at the end of the page.

Simply click the button, and Taaa daa! You have successfully posted a trade! Congratulations!


  1. To check or edit your posted advertisement trade, you can click the 'Profile' menu on the uppermost right corner of the page. You could then clearly see that all the listed advertisement made by you.


  1. Cogratulations! Your trade has already been posted. You will soon be getting orders from fellow users if they agree with your price and terms of trade. You can view your orders in the "Wallet" section in the top nav bar as shown in below screenshot.

Curriculum

This is the first post in the series, We will be posting tutorials for trading with existing listings soon.

Proof of Work Done

Sort:  

Thank you for your contribution.

  • Your concept is quite interesting. Is it already live now? I could not see a mention of your official website anywhere within the post. It's best to do that if it is.
  • Tutorials about your own work are useful for your new users. We appreciate having them.
  • How do you deal with bank transfers? do you have some sort of agreements with banks? which countries are supported? Do you support credit card transactions?
  • If your project is live, are you starting to see actual transactions taking place? Are you charging specific fees?
  • There were some spelling and grammatical issues with the text. We suggest reviewing before posting.
  • Overall like your project, keep up the great work!

Your contribution has been evaluated according to Utopian policies and guidelines, as well as a predefined set of questions pertaining to the category.

To view those questions and the relevant answers related to your post, click here.


Need help? Chat with us on Discord.

[utopian-moderator]

Thank you @mcfarhat for your review and valuable comments.

Your concept is quite interesting. Is it already live now? I could not see a mention of your official website anywhere within the post. It's best to do that if it is.

  • Yes the demo is live in testing phase at https://www.swapsteem.online . We will soon launch a closed alpha with invite based testing before rolling out the beta.

Tutorials about your own work are useful for your new users. We appreciate having them.

  • The tutorials are needed to educate the new users. We will we adding these to our web app as Help links.

How do you deal with bank transfers? do you have some sort of agreements with banks? which countries are supported? Do you support credit card transactions?

  • The Fiat transaction are done P2P, which essentially means that the Steem/SBD Buyer will have to send the Fiat directly to Sellers specified bank account using any preferred local bank transfer system. We also offer In Cash and PayPal payments. The Seller Needs to put Steem/SBD into an escrow transaction until the trade is complete.

If your project is live, are you starting to see actual transactions taking place? Are you charging specific fees?

  • As stated earlier, we are in testing mode, and thanks to utopian bug hunting whitelist, we having some utopian bug hunters as users.

There were some spelling and grammatical issues with the text. We suggest reviewing before posting.

  • I will surely keep that in mind and have multiple review for grammar etc.

Thank you for your review, @mcfarhat! Keep up the good work!

Hi @swapsteem!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your post is eligible for our upvote, thanks to our collaboration with @utopian-io!
Feel free to join our @steem-ua Discord server

Hey, @swapsteem!

Thanks for contributing on Utopian.
We’re already looking forward to your next contribution!

Get higher incentives and support Utopian.io!
Simply set @utopian.pay as a 5% (or higher) payout beneficiary on your contribution post (via SteemPlus or Steeditor).

Want to chat? Join us on Discord https://discord.gg/h52nFrV.

Vote for Utopian Witness!

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 59856.14
ETH 2986.21
USDT 1.00
SBD 3.63