Trading rules
P2P & escrow rules
Clear rules for safer PGK ↔ USDT trading between NexKina members.
1. Verified participation
KYC approval is required before a member can create an advert or place a P2P order. Account and trading restrictions must also be clear.
2. Member-to-member trading
Registered dealers and users trade with each other. NexKina facilitates the marketplace and does not directly sell or provide USDT.
3. Escrow lock
When an order starts, the seller's USDT is locked in escrow. It cannot be withdrawn, transferred, advertised again or released outside the order flow.
4. PGK payment
The seller provides payment details in the private order chat. The buyer must pay the exact amount using the agreed method, such as BSP or Kina Bank, within the displayed payment window.
5. I Have Paid
Only the buyer may mark payment as sent. The buyer should upload genuine payment evidence and must not select I Have Paid before completing the transfer.
6. Seller release
The seller must independently confirm that the full PGK payment has arrived before releasing USDT. Screenshots alone are not proof that money has settled.
7. Cancellation and expiry
Only the buyer may cancel an active unpaid deal. The seller cannot cancel an active deal. Unpaid orders may expire automatically, returning escrowed USDT to the seller.
8. Disputes
If payment or release is contested, either party may open a dispute. Escrow remains locked while authorised staff review the order timeline, chat and evidence.
9. Fees
The configured platform transaction commission is calculated by the system and shown before confirmation. Members should review the displayed amount before proceeding.
10. Honest conduct
False payment claims, forged evidence, third-party payment abuse, fraud, coercion and attempts to bypass escrow may result in restrictions or account closure.