Trades

Eniblock Tokenize allows you to benefit from enhanced liquidity by encountering other Investors on the Secondary Market. You will be able to publish your Buy or Sell Offers, and execute your Trades with no counterparty risk through a token swap delivery versus payment settlement.

In particular, Eniblock Tokenize allows you to:

• Consult Investor’s trading Offers

• Get details for a specific Offer and meet an Investor to negotiate a Trade

• Create a new Offer

• Create a new Trade

• Execute a Trade

1. Consult Investor’s trading Offers

On the Trades section go to the Trading Offers tab to check other Investor’s trading Offers. You will see Bulletin Board, featuring all published buying and selling Offers from other Investors.

To buy a Token, filter the bulletin board on “Selling Offers”. To sell a Token, filter the bulletin board on “Buying Offers”.

You will see a table with the following information :

You can search for a given Offer ID, or by Token symbol:

2. Get Offer details and negotiate a Trade

To get details for a specific Offer, click on a line on the Trading Offers tab. Find information related to the Offer conditions such as the accepted payment tokens required to settle the Trade.

To get the Buyer’s or Seller’s contact information, go to the Contact card in the Offer ID page.

Notes For the moment, the platform only supports Token Swap as a Payment Method, and the Buyer (resp Seller) may define the accepted Payment Tokens.

Notes The negotiation with the Buyer or Seller must be conducted off-platform. You can interact by email or phone, to agree on a an exact quantity, price and payment method. Please do not forget to ask your counterparty’s ID, Name or wallet in order to be able to execute the Trade on the platform.

3. Create a new Offer

To manage and create you own trading intentions go to the My Offers tab of the **Secondary Market **Section.

3.1. Define the Offer conditions

Click on New Offer +. The Offer Conditions pop-up will be displayed to define the Offer conditions:

• To buy and sell Tokens: select the corresponding button.

• In the Token bar, select the Token from a drop down menu

• In the Quantity bar, select which quantity of Tokens you want to buy or sell.

• In the Token price bar, select a minimum price and and a maximum price for the Token you want to buy or sell.

Notes The Reference Price of the selected Token will be displayed at the current date for your information purpose.

3.2. Payment method

Notes For the moment, the platform only supports Token Swap as a Payment Method.

Select the Token pair for the swap and go to the next step.

Notes Your Token Account Wallet must have a sufficient balance of Tokens for a successful execution of the Token Swap.

3.3. Offer confirmation

After setting the payment method, you will see a recap and will be asked to enter your contact information.

You may choose to indicate your email or phone, or both so that you may be contacted by your counterparty.

Notes In order to respect your privacy, you may choose to define a specific email for each Offer you publish

4. Create a new Trade

Once you have agreed with your counterparty on an exact Token Quantity, Price and Payment Method, you may place a Trade on the Platform and instruct a delivery versus payment settlement.

Notes Before you create your Trade, make sure you have a way to identify your counterparty on the platform. This can be through an ID, wallet address or Investor Name.

4.1. Define the Trade conditions

Go to the _Trades _tab and click on New Trade+.

The Trade Conditions pop-up will be displayed to define the Trade conditions:

• To buy and sell Tokens: select the corresponding button.

• In the Token bar, select the Token from a drop down menu

• In the Quantity bar, select which quantity of Tokens you want to buy or sell.

• In the Token price bar, select a minimum price and and a maximum price for the Token you want to buy or sell.

Notes The expiration date must be on or after the settlement date

Click on Next to fill in the counter-party step.

4.2. Selection of a counter-party

Identify your Counterparty by selecting an Investor in the Investor drop down menu.

You will then find useful information related to this Investor. You will see if the Investor is whitelisted or blacklisted for the Token. You will also find details such as Investor’s account name, country and the type of legal entity if applicable.

4.3. Payment method

Notes For the moment, the platform only supports Token Swap as a Payment Method.

You will have to select the Token pair you want to use as a Payment Token by clicking on the “Select a pair” button.

Notes Your Wallet must have a sufficient balance of Tokens for a successful execution of the Token Swap.

Click Next, to confirm the Trade.

4.4 Trade confirmation

After setting the payment method, you will see a recap and will be asked to confirm the creation of the Trade.

Once you have confirmed the “Trade Confirmation” step, your Trade is created. Your Counterparty will receive a notification by email with a link to the corresponding Trade on their Account. Your Counterparty will have to execute the Trade.

5. Manage a Trade

5.1. Get details for a specific Trade

Click on the line of the Trade you want to consult on the Trades tab.

The Trade details page looks like the page below, and provides you with specific details on Trades:

Information concerning the Trade is organized in the following cards:

5.1.1. Trade details card

Notes

Trade status are the same as the Order status

Notes

The details may vary depending on the type of Trade.

Notes

The View BC Transaction button allows you to follow the transaction validation on the blockchain.

5.1.1.1. Cancel a Trade

You can cancel the Trade by clicking on Cancel Order on the bottom of the _Trade details _card.

Notes

Only Trades with a status different than settled can be canceled

5.1.2. Counter-party card

Counter-party's information, including if they are whitelisted or blacklisted for this token.

5.2.Execute a Trade

As the Trade payment method is a Token Swap, the settlement is done though a Token transfer to the Token Swap Smart contract.

On the Trade details page, click on Transfer to perform the Operation and follow the signature process.

Notes

Once the Trade status is active, you will be able to click on Transfer.

Once signed, you will see some modifications to “Your leg” status .

Here is what you will see in “Your leg” status field:

By default, you will see “Waiting” when the execution of the Token settlement has not been initiated. In the case of a Token Swap, it means the “Transfer” Operation has not been launched yet, or is awaiting complement administrators signatures (Operation Status = “ReqSig”).

You will see “Pending”, once the “Transfer” Operation has been launched and is awaiting confirmation on the blockchain (Operation Status = “Pending”).

You will see “Done” when the “Transfer” Operation has been confirmed on the blockchain.

Once the status for the “Transfer” is “Done”, it means that you have done your part! The Token Swap will be finalized when the counterparty will have sent the Tokens as well.

Notes

The same Operation status are applicable to the “counterparty leg” so that you can easily follow the Trade settlement of your counterparty.