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How to List Your Tokens for Sale on the P2P Market

Overview​

The WhiteLabel Community Deals Platform allows investors to list their tokens for sale on the peer-to-peer (P2P) secondary market. This guide will walk you through the process of creating a sell order, setting an appropriate price, understanding transfer restrictions, and monitoring your listing. The secondary market provides liquidity options for your investments before they might be listed on external exchanges.

Prerequisites​

Before listing your tokens for sale, you should:

  • Have a registered and verified account on the platform
  • Have completed KYC verification
  • Own tokens that are eligible for secondary market trading
  • Understand any transfer restrictions or lockup periods that apply to your tokens
  • Be familiar with the current market value of your tokens
  • Understand the platform's fees for secondary market transactions

Step-by-Step Instructions​

Step 1: Access the Secondary Market​

  1. Log in to your account on the platform
  2. Navigate to the "Secondary Market" or "P2P Trading" section in the main navigation menu
  3. This will take you to the secondary market dashboard
  4. Review the market overview to get a sense of current trading activity

Step 2: Check Token Eligibility for Trading​

  1. Before creating a sell order, verify that your tokens are eligible for trading:

    • Navigate to your "Portfolio" or "My Investments" section
    • Select the investment with tokens you want to sell
    • Look for indicators of trading eligibility such as:
      • "Tradable" or "Secondary Market Eligible" labels
      • Secondary market options in the token actions menu
      • Absence of "Locked" or "Transfer Restricted" labels

  2. If you're unsure about eligibility, check the token's terms in your investment details

Step 3: Review Wallet Whitelist Restrictions​

  1. Understand the wallet whitelist restrictions that apply to your tokens:

    • The platform uses a whitelist of approved wallet addresses
    • Only wallets on the whitelist can receive your tokens
    • This ensures regulatory compliance and security
    • You may need to verify that potential buyers have whitelisted wallets

  2. These whitelist restrictions are typically displayed in your investment details or token information

Step 4: Research Current Market Prices​

  1. Before setting your sell price, research the current market:

    • Check existing sell orders for the same token
    • Review recent transaction history
    • Look for any price guidance provided by the platform
    • Consider the original purchase price and any value appreciation

  2. This research helps you set a competitive and realistic price

Step 5: Navigate to Create Sell Order​

  1. From the secondary market dashboard:

    • Look for a "Create Sell Order" or "Sell Tokens" button
    • Alternatively, you may find this option in your portfolio under the specific investment
    • Click this button to begin the sell order creation process

  2. This will take you to the sell order form

Step 6: Select the Token to Sell​

  1. If you own multiple types of tokens:

    • Select the specific token you wish to sell from a dropdown menu
    • The system will display your available balance for the selected token
    • You'll see any relevant token information such as the token symbol and contract address

  2. Verify that you've selected the correct token before proceeding

Step 7: Enter Sale Quantity​

  1. Specify how many tokens you want to sell:

    • Enter the quantity in the provided field
    • The system may show the minimum and maximum allowed quantities
    • You may have the option to sell a percentage of your holdings or the entire balance

  2. Ensure the quantity respects any volume restrictions and doesn't exceed your available balance

Step 8: Set Your Asking Price​

  1. Enter your desired selling price per token:

    • The platform may display the original purchase price for reference
    • You might see the recent trading range to guide your pricing
    • Some platforms show a recommended price range based on recent activity

  2. Consider these factors when setting your price:

    • Current market demand
    • Your investment timeline and goals
    • Whether you're seeking quick liquidity or maximum return
    • Platform fees that will be deducted from the sale

Step 9: Review Transaction Fees​

  1. The platform will display applicable fees for your transaction:

    • Platform service fee (percentage of sale value)
    • Transfer agent review fee (if applicable)
    • Network or gas fees for blockchain transactions
    • Any other applicable charges

  2. These fees will be deducted from your sale proceeds

Step 10: Understand Manual Listing Management​

  1. Be aware that your sell order will remain active until manually closed:

    • The platform does not offer automatic expiration for listings
    • You will need to manually close your listing when you no longer wish to sell
    • Monitor your listing regularly to ensure it reflects your current intentions
    • Consider setting personal reminders to review your active listings

  2. To close a listing later, you'll need to access it from your active listings and select the close option

Step 11: Add Listing Notes (If Available)​

  1. Some platforms allow you to add notes to your listing:

    • This could include reasons for selling
    • Special terms or conditions
    • Other relevant information for potential buyers
    • Keep these professional and factual

  2. These notes will be visible to potential buyers

Step 12: Review Sale Summary​

  1. Before finalizing, review the complete sale summary:

    • Token type and quantity
    • Price per token
    • Total sale value
    • Applicable fees
    • Net proceeds you'll receive
    • Listing duration

  2. Verify all details are correct before proceeding

Step 13: Confirm and Submit Listing​

  1. After reviewing the details:

    • Check any terms and conditions boxes
    • Click the "Create Listing" or "Submit Sell Order" button
    • You may need to confirm with a second verification step
    • Some platforms require a digital signature for sell orders

  2. The platform will process your listing request

Step 14: Authorize Token Transfer (If Required)​

  1. For token sales on blockchain networks:

    • You may need to authorize the platform's smart contract to transfer your tokens
    • This typically involves signing a transaction in your connected wallet
    • This authorization allows the platform to transfer tokens when a buyer is found
    • This step is a one-time requirement per token type

  2. Follow the prompts to complete this authorization

Step 15: Monitor Your Listing Status​

  1. After submission, your listing will be visible in your "Active Listings" or "My Orders" section

  2. The listing status will typically show as:

    • "Pending Review" if transfer agent approval is required
    • "Active" if immediately listed on the marketplace
    • "Rejected" if it doesn't meet platform requirements

  3. You can track your listing from this dashboard

Step 16: Manage Your Active Listing​

  1. While your listing is active, you can manage it from your dashboard:

    • Edit the price if market conditions change
    • Adjust the quantity if you want to sell more or less
    • Cancel the listing if you no longer wish to sell
    • Extend the duration if it's about to expire

  2. These management options help you respond to market conditions

Step 17: Respond to Transfer Agent Requests (If Applicable)​

  1. If your platform uses transfer agents to approve trades:

    • You may receive requests for additional information
    • The transfer agent might ask for clarification on certain aspects of the sale
    • Respond promptly to these requests to avoid delays

  2. The transfer agent ensures all trades comply with regulatory requirements

Step 18: Monitor Buy Offers​

  1. Potential buyers may:

    • Purchase at your listed price
    • Submit counter-offers at different prices
    • Request to purchase partial quantities

  2. You'll receive notifications when someone interacts with your listing

Step 19: Accept or Reject Buy Offers​

  1. If you receive a buy offer that differs from your listing:

    • Review the offer details
    • Decide whether to accept, reject, or counter
    • Submit your response through the platform interface

  2. Some platforms automatically match buy and sell orders at the listed price

Step 20: Complete the Sale​

  1. Once a buyer is found and terms are agreed upon:

    • The platform will facilitate the transaction
    • Tokens will be transferred to the buyer
    • Funds will be credited to your account or wallet
    • You'll receive a confirmation of the completed transaction

  2. The sale is now complete

Best Practices​

  • Research Market Conditions: Check recent sales and current listings before setting your price
  • Start Small: If you're new to the secondary market, consider selling a small portion first
  • Be Realistic About Pricing: Overpriced listings rarely sell
  • Consider Timing: Market demand may vary based on project developments or market conditions
  • Monitor Actively: Check your listings regularly and adjust as needed
  • Understand Tax Implications: Token sales may have capital gains tax consequences
  • Keep Records: Maintain documentation of all sales for tax and record-keeping purposes
  • Respond Promptly: Quick responses to buyer inquiries or offers increase your chances of completing a sale
  • Read Platform Policies: Understand the platform's rules regarding secondary market sales
  • Verify Buyer Eligibility: Some tokens can only be transferred to certain types of investors

Troubleshooting​

Common Issues​

  1. Unable to Create Listing

    • Solution: Verify your tokens are past any lockup period
    • Solution: Check if you've completed all required KYC/AML verifications
    • Solution: Ensure the token is eligible for secondary market trading
    • Solution: Confirm you have sufficient available (not staked or locked) tokens

  2. Listing Not Appearing in Marketplace

    • Solution: Check if your listing requires transfer agent approval
    • Solution: Verify the listing hasn't expired
    • Solution: Ensure your price is within the allowed range
    • Solution: Contact support if the listing is stuck in "pending" status

  3. Token Authorization Failures

    • Solution: Ensure your wallet is properly connected
    • Solution: Check that you have sufficient gas/network fees
    • Solution: Try disconnecting and reconnecting your wallet
    • Solution: Use a different browser or device if problems persist

  4. No Buyer Interest

    • Solution: Consider lowering your price to be more competitive
    • Solution: Extend the listing duration
    • Solution: Check if similar tokens are selling at lower prices
    • Solution: Temporarily remove and relist to appear as a new listing

  5. Sale Completed But No Funds Received

    • Solution: Check the transaction status in your activity history
    • Solution: Verify the wallet or account where funds should be received
    • Solution: Allow sufficient time for blockchain confirmations
    • Solution: Contact support with the transaction details

Getting Help​

If you encounter any issues while creating or managing your sell order:

  1. Navigate to the /support Support center by clicking on the "Support" link in the main navigation
  2. Select the "Secondary Market" or "P2P Trading" category
  3. Provide specific details about your issue, including:
    • Token name and symbol
    • Listing details (price, quantity, date created)
    • Any error messages received
    • Screenshots of the issue if possible
  4. Submit your support request
  5. Support staff will respond through the platform's notification system