Thank you for attending the lecture in Steemit-Crypto-Academy- Season 2 & doing the homework task-1.

I don't have much USDT, so I couldn't perform the transaction.

In Binance also you can find many offer in the lower range to trade as low as 2 to 3 USDT, and In Huobi you can even publish an Ad as little as 1 USDT(or even in cents), so I would suggest you to experiment a little bit and try to explore it practically to see how the P2P trade is happening.

How does escrow protection help a buyer and seller?

• Once a trade is initiated, a seller can not cancel it, either the buyer can cancel it, or perform the trade or timeout occurs, and automatically canceled.
• A seller can only release it, in the case of a dispute the third party intervenes to verify the fact/evidence and release it to the rightful owner.

Feedback/Suggestions:-

• The author has demonstrated how to post an Ad as a Market Maker and also explained how to sell USDT, but has not included the complete process such as window time, release time, conversation with the counterpart in the chatbox, etc.

Thank you.

Homework Task -1 accomplished
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