We’ve got a solution you’ll love! Sell cryptocurrency with the right to repurchase. How does that work? It’s dead simple – you get cash for the cryptocurrency sold and if you change your mind, you can repurchase your crypto at a price fixed in advance.
The service is available in Kanga Exchange Offices and from Locals.
If you’re interested, call us at +48 58 573 36 33 ext. 1 and 2
or e-mail us at firstname.lastname@example.org
Check how much to loan!
Choose a cryptocurrency, enter the amount and see how much you can count.
Remember, the conditions are set individually at the point!
In order to use the Sellback service
- on your Kanga Exchange account, you must have the cryptocurrency (BTC or ETH) you want to sell. You can find the nearest point where you will conduct the transaction on our interactive map
Go to the selected point and establish with the buyer the terms of the transaction
- Such as the price and repurchase date, as well as the value of the collateral
To finalize the sale transaction in the Sellback tab
- Click on the New Contract button and then Generate Code. Give the generated code to the buyer and then confirm the transaction on your screen.
Pick up cash
Repurchase the cryptocurrencies
- if you want to get your cryptocurrencies back, repurchase them on the basis of predetermined conditions
You can also contact us at +48 58 573 36 33 ext. 1 or 2 and email email@example.com
|AMOUNT||30 000 PLN°|
|REPURCHASE PRICE||31 500 PLN°|
|COLLATERAL VALUE||60 000 PLN°|
|LIQUDATION THRESHOLD||37 800 PLN°|
|CONTRACT TERM||60 days|
Amount – The price at which the customer sells cryptocurrency.
Repurchase price – The price at which the customer can repurchase the cryptocurrency sold.
Collateral value – Market value of the cryptocurrency sold.
Liqudation threshold – The minimum market value of the collateral, at which it will be automatically resold on the market at the current rate. Once the liquidation threshold is reached, the customer loses the option to repurchase the collateral.
Contract term – The time period after which the collateral will be automatically resold on the market at the current rate. Once the repayment deadline is reached, the customer loses the option to repurchase the collateral.