Guide
Escrow: where your coins are while your order waits
Only the amount you bid or offer leaves your wallet, into a contract on the chain in your name.
You place a bid or an offer
A bid buys, an offer sells. Signed with your PIN, it goes into escrow on its chain.
It waits in the contract
Cancel before a match and it comes back, or by itself after seven days.
Someone meets your order
xchange tells each contract who the other person is; orders fill in parts. Until a second, independent check is added, xchange's one coordinator key is trusted to name the right person.
Each contract pays the other person
Their side comes to your wallet, less the 0.25% fee: seconds on Solana, about two to four minutes for Gaju.
What the contracts allow
- Pay the other side of a matched trade, as named by xchange's coordinator.
- Refund you, when you cancel or the order expires.
Nothing else moves an order's coins. xchange never holds your keys or twelve words, and cannot sign for you.
Check it yourself
Every deposit, payout and refund is public and linked from your history. Addresses and what is still to come: security page.
What stays with you
- A matched trade is final.
- Your twelve words are the only way back in. How to keep them safe.
- The people buying and selling choose the price; xchange sets none.
Try it with a small order
Watch it go into escrow and come back.
Open the appThe full flow is on How it works. Questions? Write to [email protected].