To become a certified merchant, you are required to freeze 50,000 AQ in your OTC account as the security deposit.
The frozen security deposit will not be allowed to be withdrawn or traded.
Rules of Security Deposit:
One-star merchants: 80,000 AQ, 0 turnover.
Two-star merchants: A total of 150,000 AQ, 10 million turnover.
Three-star merchants: A total of 350,000 AQ, 50 million turnover.
Four-star merchants: A total of 650,000 AQ, 100 million turnover.
Five-star merchants: A total of 1,000,000 AQ, 200 million turnover.
OTC merchants to pay margin, one-star merchants can enjoy 30% discount and 20% discount for two-star merchants
The turnover is the transaction amount within 30 days, and the security deposit is frozen in the merchant's own account.
Unfreeze Security Deposit:
When you cancel your certification, the deposit will be unfrozen automatically and returned to your account.
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