What is a Middleman?
A middleman is a trusted person who holds funds during a deal, to ensure that the buyer and seller can not scam eachother.
How does a deal work?
The deal process may change slightly based on what you are buying/selling - your middleman will guide you on this. In general, the process is as follows:
1. A member messages the middleman, and the middleman sends them a group link.
2. The members state the deal in the group (what is being sold, the price, and which crypto)
3. The middleman sends their crypto address, with the price + middleman fee.
4. The buyer sends the funds to the middleman.
5. The middleman will confirm when it is safely received. Then the seller provides the item, account or service to the buyer. In some cases, it may be given to the middleman.
6. When the buyer has received their item/account/service, they confirm and the Middleman will send the funds to the seller.
7. If there is any argument or dispute, the middleman will allow time for it to be resolved, or intervene and sort it out.
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@BudgetMM strives to minimize uneeded fee’s while still ensuring safety for everyone. With a low fee of 1% and a minimum of $2 this is the cheapest around.
The fee is non refundable - it is for the middleman’s time and organization, and for keeping your funds safe.
If the fee is not paid upfront, it will be taken from the funds before refunding the buyer.
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The MM’s only mandatory responsibility is to hold funds.
MM are not responsible for changes in crypto value or sending fees.
The MM fee is non-refundable. If not provided upfront, it will be taken before sending to the seller/refund.
MM are not responsible for accounts/products pulled or revoked during or after the deal.
MM have the right to compensate either party if timewasting is occurring.
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