Hi everyone,
We are super delighted, that people are trusting the Project, VOILK Network & its Apps. And started investing in the project.
There is one thing about p2p orders, that I want to explain
Order statuses, there are 6 status an order can have..
Pending - when an order is placed, the order appears in active orders to both the buyer and the seller.
Processing - when the person who is selling VSD, starts the escrow, his/her funds get locked, deadline of 2 hours starts and payment addresses are shown to both parties.
Ratified - if the person(buyer) does not make the payment, to the seller in 2 hours, aka Deadline has reached. Order is ratified and locked funds of seller are automatically released back to him/her.
Approved - Buyer, after making the payment, to the seller, Clicks Approve Button, which is a signal to the seller that the payment was made.
Disputed - if Buyer has not made the payment, or Seller is not Releasing the funds even after the payment was made, the order can be disputed.
Completed - When VSDs are released, to the buyer, buyer can mark it as completed.
Cancelled - Buyer accidentally clicked, approved button, and wants not to pay, and chooses to cancel the order, which immediately releases funds back to the seller