Order Lifecycle

The procedure depends on the order type.

Deposit

1. Your user has the intention to deposit funds
2. You create a new order with his data and retrieve our banking information
3. You show to your user such banking information
4. Your user performs the bank transfer
5. We identify the bank transfer and perform KYT/KYC checking
6. We complete the order or fail it and refund the funds.

Withdrawal

1. Your user has the intention to send funds to his bank account
2. You create a new order with his data (including banking info)
3. We perform KYT/KYC checking and schedule the transfer
4. We either complete the order and perform a bank transfer to the user, or fail the order (in the latter case, you refund the funds back to your user).

Buy

1. Your user has the intention to deposit funds
2. You retrieve the current ask quotes and present these to your user, making it clear that the quotes might change until his deposit is correctly received
3. You create a new order with the user's data (including cryptocurrency code and network) and retrieve our banking information
4. Your user performs the bank transfer
5. We identify the bank transfer and perform KYT/KYC checking
6. We either exchange the funds, complete the order, and transfer the funds to your internal crypto wallet (not fiat wallet), or we fail the order and refund the funds.

Sell (coming soon)