# P2P Trades

The Yawww platform is an **automated escrow** service for Solana NFTs that allows individuals to trade with each other in a safe and scam-proof way.

We have an **internal verification system** to prevent fake NFTs from trading on our platform. This gives our users ease-of-mind without needing to stress over on-chain diagnostics to determine the authenticity of traded NFTs.

We work directly with project creators to verify collections. If you are a project owner and would like to get verified on Yawww, please use this form.

### How It Works

Trading on Yawww is a simple **3-step process**:

1. Initiate trade and create your offer
2. Send trade link to a friend to enter their offer
3. Both parties review terms and hit "Accept"&#x20;

Done! Now each party can **withdraw** their tokens as agreed.

![Trade completed, all funds and tokens withdrawn.](https://4004934524-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F64Le7XaP4jDuteo45vFp%2Fuploads%2FmNBMCoHHPtz3GEIHtWpO%2FAnnotation%202022-02-27%20180941.png?alt=media\&token=46a25fb0-bf8f-4991-befd-da420c8f585b)

You can also watch [this video](https://www.youtube.com/watch?v=VeeqTM7fPm0\&feature=emb_title\&ab_channel=Yawww) for a more detailed walkthrough of trading.

### Dynamic Trade Listings

One of the biggest bottlenecks to OTC trading used to be connecting two individuals who each have what the other wants.

Before Dynamic Trade Listings, individuals looking to make a deal needed to spend hours in various Discord channels promoting their NFTs available for trade and hoping their messages wouldn’t be buried by others competing to do the same.

It reminds some of us of the old Runescape days before the Grand Exchange, when the only way to find a trade was to spend hours in crowded places announcing your offer:

![Wtb full rune](https://4004934524-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F64Le7XaP4jDuteo45vFp%2Fuploads%2FtIHQVGH2ATsre03djGsT%2Frunescape.gif?alt=media\&token=cf55c5e8-d7fb-4b88-9c80-45d97c073e0a)

**Dynamic Trade Listings** are a new way for users to **discover** trading partners by listing their NFTs that are available to trade, along with what would interest them in exchange. Listing an NFT does *not* cause it to leave your wallet.

To create a trade listing, you must connect your **Discord** so that others can contact you in a private thread. The thread will be created in a channel specifically for trading in the Yawww Discord server.

Others can browse the trade listings, filtering by **listed** collections as well as **interests**. For example, if I want to pick up a Meerkat Millionaire Country Club NFT, I can filter for that collection to see what’s available and then contact the owners of listed MMCCs to begin negotiations.&#x20;

Alternatively, if I’m not sure what I want, I can discover trading opportunities by filtering to see listings that have expressed interest in the NFTs that I own.

![List your NFTs for trade and state your interests.](https://4004934524-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F64Le7XaP4jDuteo45vFp%2Fuploads%2FtnYBEBqs1OullcRojGZv%2Fimage.png?alt=media\&token=ea97ba4a-4ab0-40a5-be6f-034e8fbaffc0)

The old ways of **deal discovery** made OTC trading a difficult and cumbersome process, further hindering liquidity in NFT markets. Now with Dynamic Trade Listings, users can quickly and easily **connect** with each other and begin negotiating deals.

### **What Can I Trade on Yawww?**

There are **three types** of tradable tokens on our platform:

* NFTs
* Whitelist (minting) tokens
* Utility tokens ($RAY, $INU, $USDC, etc)

At time of writing, we have **over 1,200** NFT collections and tokens verified, making them safe to trade in a fraud-proof environment.

Since we collaborate with **project creators** to get tokens verified, if you want to get a new token verified, please ask one of the project owners to get in touch with us by **submitting a verification ticket** in our Discord.

### Fee Structure

Every trade on the Yawww Trading Platform has a flat fee of **0.02 SOL.**

When SOL is involved in either side of the trade, there is a **3% fee** that is taken from the total SOL traded.

> **Example**: If 10 SOL was traded for an NFT, there would be a 3% fee on the 10 SOL (or a 0.3 SOL fee). This means the *seller* of the NFT would receive a total of 9.7 SOL after the trade is complete.

All trading fees are divided 50/50 between the Yawww Treasury and the Yawww Team. For more information on the Treasury and how it benefits Yawww NFT holders, see the [the-yawww-treasury](https://solmemebot.gitbook.io/yawww-marketplace-buy-sell-trade-and-loan-nfts/yawww-nft-whitepaper/yaw-token/the-yawww-treasury "mention") section.

If you want to try trading on Yawww, click [here](https://www.yawww.io/trade/v2).&#x20;
