5.2 Understanding Trade Ratings
How the trader rating system works on CryptoBazaar and what the numbers mean for your trading decisions.
§How Ratings Work
CryptoBazaar uses a rating system based on completed trades to help users identify trustworthy trading partners. After each successful trade, both the buyer and seller can rate their experience.
Ratings are aggregated to produce a trader's overall score. This score reflects the consistency and quality of their trading behaviour over time. A high rating with many completed trades indicates a consistently reliable trader.
§What Affects Your Rating
Several factors influence your trading rating. Completing trades promptly and without disputes positively impacts your score. Responding quickly during active trades and communicating clearly through the platform chat also contribute to positive ratings.
Cancelling trades frequently, particularly after the other party has already taken action, negatively affects your rating. Having disputes raised against you, especially those resolved in the other party's favour, can significantly lower your score.
Non-completion of trades, failing to make payment as a buyer, or failing to release escrow as a seller despite confirmed payment all harm your rating.
§Building a Strong Trading Reputation
Start with small trades to build your initial reputation. Complete them promptly and professionally. As your rating and trade count grow, you can move to larger transactions.
Be responsive during active trades. Quick communication reduces anxiety for your trading partner and leads to positive feedback.
If an issue arises during a trade, communicate openly through the platform. Many potential disputes can be avoided through clear, honest communication.
Consistency is key. Even one problematic trade can significantly impact a rating built on a small number of trades. Maintain the same level of diligence for every transaction.
STILL NEED HELP?
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