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P2P basics
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Quiz
6 questions · pass with 5 right · counts towards Academy Certified
P2P basics quiz
1. When is the seller’s crypto locked in escrow?
As soon as the trade starts
When the buyer taps I’ve paid
When a dispute is opened
2. Where should a buyer send the payment?
To any account the seller names in the chat
To a Peerlyx company bank account
To the details shown inside the trade
3. The buyer doesn’t mark the trade paid before the time to pay runs out. What happens?
The crypto is released to the buyer anyway
The trade is cancelled automatically and the crypto returns to the seller
The trade stays open until the seller cancels it
4. Who can cancel a trade?
Only the seller
Only the buyer
Either side, at any time
5. As a seller, what should you check before releasing?
That the buyer sent a payment screenshot
That the buyer has a high completion rate
That the money is in your own bank or wallet app at the right amount
6. When can a dispute be opened?
Straight after the trade starts
Only after 24 hours
Only by the buyer
45 minutes after the trade was marked paid
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P2P basics quiz
P2P basics quiz | Peerlyx Academy