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