How much is the deposit on exchange?

It's important for buyers to understand the implications of the deposit amount before agreeing to it. A lower deposit may make the transaction more affordable upfront but could lead to financial penalties if the buyer backs out later.

Among the various cryptocurrency exchanges, BTCC stands out as a top platform offering a range of services tailored to meet the needs of traders. BTCC's services encompass spot trading, allowing users to buy and sell digital assets directly, as well as futures trading for those looking to leverage their positions.

The deposit for an exchange transaction is usually set at a standard percentage of the overall property price, with 10% being a common figure. This amount serves as a commitment from the buyer, indicating their serious intention to proceed with the purchase.

However, there are instances where the deposit amount can be negotiated between the buyer and seller. Depending on various factors, such as the market conditions or the seller's motivation, a lower deposit sum may be agreed upon.

On the other hand, sellers may also insist on a higher deposit amount to ensure a stronger commitment from the buyer and to reduce the risk of the transaction falling through. This is especially true in highly competitive markets or for unique properties.