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External Trading #41

@ikoide

Description

@ikoide

Explanation of External Hypixel Bazaar Trading Process

1. User Depositing Coins to Site

Alice will first create an account on Minance. Then Alice will link her Minecraft account to Minance via entering her Minecraft username into the Minecraft Account field in settings. After doing so, Alice will click the deposit button on the website. Clicking the button will instantiate a deposit order on the website. Alice will be supplied with a location and lobby number and will meet a Minance network bot at the specified location. After meeting the bot at the specified location Alice will create a new trade with the bot and deposit the desired amount of coins into her Minance balance. Alice will receive nothing in return via the direct trade. After the trade is executed Alice's balance on Minance will update to show the amount she had deposited moments before.

2. User Withdrawal

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3. User Buy Order

Alice will first create an account on Minance. Then Alice will link her Minecraft account to Minance via entering her Minecraft username into the Minecraft Account field in settings. After doing so, Alice will place an order on the site. Specifying the order type, order method, asset name, amount, commission fee, minimum trust level, and visibility.

Alice's Order

Type Method Asset Name Amount Commission Fee Minimum Trust Visibility Total Cost Commission Profit
Buy Top Order +0.1 Stock of Stonks 128 2.5% 7 Public 19,200,000 480,000

After correctly filling in the fields Alice's order will appear on the Marketplace panel of Minance. Bob notices Alice's order for 19.2M and would like to make an easy 0.5M. Bob purchases 128 Stock of Stonks. Bob checks the order on the marketplace to see the specified drop-off location and heads to that lobby number and landmark. As long as Bob is the first to reach the Minance network bot, Bob will execute a new trade with the bot. Bob will enter the exact amount of specified items from the order in the trade. The bot will enter the coins + the commission fee into the trade and both will accept. After the trade has been executed the order will become finalized.

4. User Sell Order

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5. User On-site Trade

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