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What does Trusted Merchant mean?

Hola Wallet P2P is an easy-to-use peer-to-peer (P2P) platform that lets traders buy and sell cryptocurrencies directly with other individuals.

In comparison with a Verified User, a Trusted Merchant User is a more trustworthy trader. A Trusted Merchant has a strong trade history and a have a solid staked assets volume. This allows other users to safely trade with Trusted Merchants.

Such traders get a yellow badge next to their nickname, which provides an additional level of credibility in the marketplace.

Verified Users

Under this level of verification, a user is required to provide his or her identity proof. This would include the following:

a) Basic personal information,

b) Government-issued ID, and

c) Facial recognition

Trusted Merchant Users

a) Strong trade history

b) High success rate

c) Fast trade history

d) Staked more than $1000

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