Become a vendor

Help managers fund their clubs
and earn on every trade

Lonida vendors sell coin directly to other managers, in their own currency, using payment methods people already have. You set your margin, you keep the difference.

You set
your margin
You hold
your own coin
Escrow
on every trade
How it works

Four steps, then you are trading

  1. 01

    Fund your reserve

    Hold LONIDA in your own wallet. That reserve is what you sell from, and it never leaves your control until you release a trade.

  2. 02

    Post an offer

    Choose your payment method, your currency, your limits, and your margin. Your price tracks the live market rate automatically, so it never goes stale.

  3. 03

    A buyer pays you directly

    They send money to your account by your method. The coin for the order is held against your balance the moment they commit, so nothing is oversold.

  4. 04

    You confirm, coin moves

    Check the money has landed, confirm with a one-time code, and the coin goes to them. Your margin is the difference between what they paid you and the market rate.

Before you apply

You will be verified

Vendors handle other people's money. If your application is approved, you will be asked to complete full verification before your first offer goes live. We are telling you now rather than after you have applied.

Government ID

Passport, national ID or driving licence.

Proof of address

A recent utility bill or bank statement.

Phone verification

A number we can reach you on.

Vendor terms

01

You hold your own coin

You buy LONIDA and sell it on. Nothing is fronted to you and nothing is lent. Your reserve is yours, held in your own wallet, and only ever moves when you release a trade.

02

Coin is locked the moment a trade opens

When a buyer starts an order, the coin for it is held against your balance so you cannot promise it twice. It is released to them when you confirm payment, or freed again if the trade is cancelled or expires.

03

Release only what you have actually received

Confirming a trade sends your coin immediately and it cannot be pulled back. Check your own account, not the receipt alone. A receipt is a claim, not a payment.

04

Answer within a reasonable time

Buyers are waiting with money already sent. Repeatedly leaving paid orders unanswered will see your offers paused. If you will be away, take your offers offline.

05

Set your own price, publicly

Your margin sits on top of the live market rate and is shown to every buyer as a percentage. You are competing openly on price and service, not on hidden spreads.

06

Disputes go to Lonida

If you and a buyer disagree, the coin stays held and an admin decides. You will be asked for evidence. Decisions are final, and a pattern of losing disputes ends the arrangement.

07

Your identity is verified before you trade

Approved vendors complete ID, proof of address and phone verification. You are handling other people's money; anonymity is not compatible with that.

08

We can end it

Vendor status can be withdrawn for fraud, sustained poor service, or attempting to move trades off the platform. Coin in your wallet always remains yours.

Apply

Apply to become a vendor

A few details to start. We review every application by hand.