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How Tradenauts Works

How Tradenauts Works

Hello, if you are reading this you came to Tradenauts, read about us and can’t wait to get to trade, so in order to help you we have established a quick checklist of how to start trading on Tradenauts.

Step One:

Make a Tradenauts account and customize your profile however you want!

Step Two:

Post an item that you are looking to trade on Tradenauts and add a description to it. Post how much you think it’s worth, any relevant information about the item and any item you are interested in. That way people know what you might be interested in trading for it.

Step Three:

Explore Tradenauts and see what catches your eye! This is the whole purpose of Tradenauts of course! So once you have your items for trade set up, explore Tradenauts and see what other people are trading that you might be interested in. Once you have found someone that has something that you are interested in, contact them letting them know that you are interested in what they have. If they agree to trade with you then now we can get to the actual trading.

(Optional) Step Four:

The first thing you might do as part of your trade is to set up an escrow. The escrow will be explained further down below, but the main idea is that it protects you from being defrauded, because well you can’t trust everything you see in the Internet. There is a fee associated with using the escrow and that is 1% of the value of the item you are trading for, plus whatever fee PayPal would charge for sending money, which is what will be used for the escrow.

Step Five:

Once you have agreed to trade, and have decided whether or not you want the escrow now you trade. You can choose the carrier you want, whether you want to send your item via USPS, UPS, FedEx, DHL, etc. Just make sure that once you do have a carrier chosen and you have your item shipped that you get the tracking number and share it with the person you are trading with.

Step Six:

Once you receive the item that you requested please take the time to let us know you did. That way we know that the item is no longer available for trading, and that the member with which you traded was reputable. If you do not receive your item, but instead are defrauded, then please do not hesitate to contact us, even if you did not pursue the escrow. While we may not be able to get you your item back, or its worth, we may ensure that the person who defrauded you is not able to use Tradenauts again and thus other users will not be defrauded by this user again.

The Escrow Explained

A.  If trader A has a bicycle estimated at $80 and trader B has a guitar estimated at $100, trader A can send us $100 and trader B $80. This ensures that if either trader fails to uphold their end of the bargain, that the trader who is at a loss gets a monetary compensation for the worth of the item. So if trader A sends in his bicycle and trader B doesn’t send his guitar, then trader A gets the $80 dollars from trader B plus the $100 he sent originally. Now if both trader A and trader B complete the trade without any issues then both traders get their full money back.

B.  But there is also something else to mention about the trades, and that is a 1% fee to be charged for every trade if the escrow is used. Going back to the example of the bike and the guitar mentioned before, trader b will receive $79.20 and trader a $99 back from what they put in the escrow. That will cover any costs of the website and are the only fee I plan on asking for. So users will get back the money they sent in minus the 1% escrow fee any fee tacked on by PayPal if both parties complete their trades without defrauding the other.

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