The Marketplace has been changed from what it used to be. Because listening to helps us
understand what you truly need, it has been reviewed and modified to serve you better.First and foremost, before you start trading, you must first show an interest to buy BBNcoin
before you can sell.
To be able to sell your BBNcoin, you must have bought BBNcoin from the marketplace.
To start trading, ensure you have minimum of 100,000 BBNcoin inside your trading wallet.
HOW TO BUY BBNcoin
To get started
1. Login into your Boonbuy account.
2. Make sure you have verify your phone.
3. From the menu click on Marketplace in the drop down select Market.
4. You can buy BBNcoin in two ways, you can Buy from sellers already at the marketplace or create a Buy order
Buying from seller at the marketplace
Buy Order list
How to create a buy order list
Click on the BUY button, a form will pop-up
Below are details in the form;
Location: By default, your current location as at the time of signing up is selected, if you
are in another location kindly select your current location.
Bank: Your default bank is selected, you can select other banks if you don’t want to use
your default bank
Margin: This is the value you decide to buy BBNcoin at the marketplace. If the current
value of BBNcoin to Naira is 1, you may offer to buy ABOVE or BELOW the current price.
Setting the margin above: If your margin is 10, your selling value will be 1.10
Setting the margin below: If your margin is -10, your selling value will be 0.91
Min Limit: Specify the minimum amount of BBNcoin you want to buy. (NOTE: You can’t
buy below 50,000 BBNcoin)
Max Limit: Specify maximum amount of BBNcoin you want to buy
Terms of Trade: Specify your condition when trading. Eg “After receiving payment in my
bank I will release your BBNcoin. Thank you and happy trading!”
Trade Liquidity: When buying, if the maximum amount your want to buy has been
reached your trade should leave the list.
Once you have done this successfully your trade will appear on the Buy Order list
After creating a Buy Order you will have to wait for a seller to chat you up, when a seller chats
you up, click on MY TRADE to view the list of your requests.
Note: When a seller sends a request he/she will input the quantity he/she want to buy at your
rate.
Click on view trade to start a dialogue with the seller.
Kindly ask for the seller's bank account details to make payment, once payment is made,
upload proof of payment and click on "HAVE MADE PAYMENT" button. Once the seller
receives your payment, he/she will release the BBNcoin. Once transaction is successfully
carried out, trade session is terminated and you will be eligible to sell your BBNcoin. When
trading is going on BBNcoin is kept in an escrow.
(Note: When you buy 50,000 worth BBNcoin, you will be able to sell up to 100,000 BBNcoin.)
Click here to login into your account
HOW TO SELL BBNcoin
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Rules and Regulation
Trading Rules and Requirements
For you to get started with trading, you need to buy BBNcoin
For you to start trading you need to verify your phone no.
Once a trade is opened the price is final, except when there is a clear mistake in the
pricing.
You are NOT allowed to buy or sell BBNcoin on behalf of someone else (brokering).
You may only use payment accounts that are registered in your own name (no third-party
payments!).
You must provide your payment details in the chat box.
All communication must happen on Boonbuy website.
BBNcoin transfer is not allowed, BBNcoin should be released in the chat room.
Make sure you receive payment in your bank account before you release BBNcoin
If you scam other funders, your account will be totally closed along with your BBNcoin
Your BBNcoin should not be released if you don’t receive payment in your bank account.
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