Can I place a bid below the listed price?
Yes. Buyers may submit a bid below the seller�s listed price. However, acceptance of such a bid is at the sole discretion of the seller. The seller may choose to accept the offer, reject it outright, or issue a counteroffer.
If a counteroffer is made, the buyer may either accept or decline it. Once both parties reach a mutual agreement on the price and quantity, both the buyer and the seller must confirm the trade within the platform to proceed with the transaction. A confirmed trade constitutes a binding agreement between both parties, subject to the platform�s terms and conditions.
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Can I create a watchlist or set price alerts?
Yes, you can create your own watchlist on Kaffea-X to keep track of specific listings or products of interest. However, price alerts or automatic notifications are not currently available. This feature may be considered for future platform updates.
What happens if a bid expires?
No further actions are permitted on expired bids on the part of the buyer or the seller. Buyers are free to resubmit bids as long as the listing is live and there is outstanding inventory.
How do buyers and sellers contact each other?
All bid-offer processes are anonymous. Buyers and sellers cannot directly communicate until a trade has been successfully completed and both parties have signed a contract. Once the agreement is in place, company names, email addresses, and phone ...
How is a trade executed on Kaffea-X?
Once both buyer and seller confirm the trade, it is immediately locked using atomic execution. This prevents any double-booking or conflicting trades on the same coffee lot. Immediately locked up when the bid submitted is above the reserved price
Can I make a counter offer?
Seller can make a counter-offer on a bid soliciting a higher price. Sellers may not counter-offer a different quantity than the original bid. Buyer may accept or reject the counter-offer. Counter-offers expire in 60-minutes if not acted upon by the ...