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.
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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 ...
What happens to my listing if my subscription wasn't renewed?
If your subscription is not renewed or pending renewal fee payment, your account and all listings attached to the same will be suspended. Upon renewal of subscription, listings and overall trading access can be reinstated.
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 ...
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
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 ...