Selling and releasing
When you sell, your crypto waits in escrow until you confirm the money is really in your account.
Getting ready to sell
Put the coin in your Peerlyx wallet and save your payment details in your account, so buyers see where to pay you. Then open P2P Trade, choose Sell, the coin and your currency, and pick a buyer. You can also post your own sell offer, even at Level 1 (within your lifetime limit).
When a trade starts
Your crypto is locked in escrow straight away. The buyer sees your payment details inside the trade, sends the money and taps I've paid.
Check before you release
Open your own bank or wallet app and confirm:
- the money has really arrived, not just been promised
- the amount matches the trade exactly
- the payment is not still pending
A screenshot, a forwarded message or a "sent" email is not proof. Only your own account is.
Releasing
When everything checks out, release from the trade page. You'll be asked for your account password and a current code from your authenticator app. Once released, the crypto moves to the buyer's wallet. A release can't be undone, so never release early, and never release because a buyer is rushing you.
If something is wrong
If the money hasn't arrived or the amount is wrong, don't release. Talk to the buyer in the trade chat. If it isn't solved, you can open a dispute 45 minutes after the trade was marked paid. As the seller, you can't cancel a trade yourself.