Deal Protection
Every Deal Is Protected
Deal protection is the core security mechanism behind every transaction on Krypta. When a deal is initiated, the seller's assets are automatically secured by the Platform's protection system. The assets remain secured until the deal is completed successfully or a dispute is resolved.
This ensures that neither party can cheat the other — the buyer knows the assets exist and are secured, and the seller knows the assets will only be released when the required step is confirmed.
How Protection Works
Step 1: A buyer initiates a deal on an active listing. The seller's assets are automatically secured by the Platform.
Step 2: The buyer completes the required step using the agreed method and marks it as done.
Step 3: The seller verifies completion and confirms the deal. The assets are released to the buyer.
If the seller does not confirm within the specified timeframe, the buyer can open a dispute. A Platform arbitrator will review the evidence and make a decision.
Automated and Transparent
The protection mechanism is a fully automated process that operates based on predefined conditions. There is no discretionary intervention in the normal flow of a deal. The Platform does not exercise discretionary control over secured assets.
Asset securing is a temporary, technical function. The Platform's role is limited to securing and releasing assets according to the rules of the deal.
Dispute Resolution
If a deal does not go as planned, either party can open a dispute. The Platform provides an internal arbitration system where a trained arbitrator reviews the evidence submitted by both sides and makes a binding decision.
Users always retain the right to seek legal remedies outside the Platform.
Time Limits
Each deal has defined time limits. If the buyer does not complete the required step within the specified window, the deal is automatically cancelled and the assets are returned to the seller. If the seller does not confirm within the allowed time, the buyer can escalate to dispute resolution.
These time limits ensure that assets are not locked indefinitely and that deals are resolved promptly.