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Merchant Trading Tutorial

Updated

I. Preparation

  1. How do merchants make a profit?
    Merchants can profit by setting their own trading prices for USDT. The platform does not intervene in pricing. You can earn the spread by setting your selling price higher than your buying price.
    Example: Set the selling price at 6.5 and the buying price at 6.3 for USDT, earning a spread of 0.2 USDT.

  2. Does the platform charge any fees?
    Currently, the platform charges no fees. Merchants are free to set their own prices and limits.

  3. Does Tebbit have risk control measures?
    To protect your funds, the platform implements the following controls:
    • Merchants may choose to trade only with users who have completed fiat transactions; all users must pass Advanced KYC before using self-selected trading.
    • After buying USDT, users must wait T+1 before withdrawals are available.
    • After buying USDT, merchants may sell immediately, but withdrawals also follow the T+1 rule.

II. Ad Management

  1. How to post an ad?
    On the web, follow these steps:

  1. Enter the ad posting page.

  2. Choose to Sell or Buy USDT.
    • Sell: the merchant sells USDT and receives CNY.
    • Buy: the merchant uses CNY to buy USDT and receives USDT.

  3. Set a fixed price. You can price freely based on market conditions; the platform does not intervene.

  4. Set order quantity, min/max order limits, and payment time limit.
    • Min/max per-order limits can be set according to your capital and strategy.
    • Recommended payment time limit: 30 minutes.

  5. Choose payment methods (bank card, WeChat, Alipay, etc.).

  6. Optionally set trading notes and auto-reply messages.

  7. Review and publish the ad.

  1. Ad quantity and ranking rules
    • You may post up to two buy ads and two sell ads.
    • Ranking priority:

  1. Online merchants first

  2. Price priority

  3. Verified merchants
    If prices are equal, verified merchants rank ahead; if both are verified, ranking is based on fill rate, number of completed orders, etc.

  1. How to increase ad limits?
    Ad limits depend on your security deposit and merchant level. Increase limits by adding deposit or applying for verified-merchant status.

III. Order Management

  1. Flow for merchant sell orders

  1. A user initiates a buy-USDT order; the merchant waits for payment.

  2. After user payment, the merchant marks “Paid” and checks payment details.
    • To prevent fraud, always verify transaction records in the chat window.

  3. Once funds are received and correct, click “Confirm Receipt” to release USDT.

  1. Flow for merchant buy orders

  1. A user initiates a sell-USDT order; the merchant buys USDT.

  2. Pay within the specified time and click “I Have Paid.”
    • Ensure the payee account is the counterparty’s real-name verified account, and verify account details and amount.

  3. After the user confirms receipt, the merchant clicks “Confirm Receipt” to release USDT.

  1. How to view merchant orders
    Open the merchant order management page to view all trades. Currently, ads and orders are managed on the web. App support will be added in future versions.

  2. How to handle disputes
    If issues arise, submit an appeal through the platform’s dispute mechanism. The platform will intervene and process accordingly.

IV. Other FAQs

  1. When can I withdraw?
    Withdrawals follow the T+1 rule after you buy USDT (i.e., withdrawable one day after purchase).

  2. How to revoke merchant status?
    Apply through the platform and complete the process. Contact support anytime if you need help.

  3. How many ads can a merchant post?
    Up to four ads total (two buy + two sell). The number relates to your deposit and verification level.

  4. How to improve ad ranking?
    Ranking = Online first → Price → Verification. Improve by upgrading verification and performance (higher fill rate, more completed orders).

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