FAQ

Frequently Asked Questions

**Frequently Asked Questions: Get Quick Answers to Common Queries and Concerns!**

What Happens When Two People Buy After Each Other

Trader A buys first — price goes up a bit. A paid more than the starting price, so A is down a little. Trader B buys next — price goes up again. B also pays extra because of the price increase. Result: A breaks even because B’s buying helped push the price up. B loses money right away because they bought at a higher price.

What Happens When Two Traders Take Opposite Trades with Different Sizes?

Trader A buys big (1000 units) → price jumps up from 1.00 to 1.04. Trader B sells small (500 units short) → price drops slightly to 1.02. Final Result: Trader A (the big buyer) loses money. They bought high and the price dropped a bit → they’re down -60. Trader B (the small seller) breaks even. They sold at 1.04 and now price is 1.02 → no real gain or loss.

Is there a limit to how much I can trade?

Not really — you can start small and scale up. For larger accounts, we may require identity verification.

How do I earn from referring others?

You get rewards when people sign up with your link and participate in the marketplace. Your referral stats are tracked in your profile.

Key Takeaways for winning trades...

Bigger trades move the price more. Smaller traders can "ride the wave" and sometimes profit or stay neutral. The trader who moves the market more (like Trader A) pays more in costs. Market prices are shaped by the balance between buying and selling. Real profits often depend on what others do after you.

What’s the legal status of the items I buy/trade here?

They are tokenized representations created by users. They don’t represent real stocks, securities, or commodities, and TradePesa isn’t responsible for the external value of any item.

Does the demo mode track my results or stats?

Yes — your demo performance is saved so you can learn from it. You may even appear on community leaderboards.

Are the market charts real or simulated?

Marketplace item charts reflect real trades on TradePesa. Charts for forex, crypto, or metals are for viewing only — we don’t offer real trading in those assets.

How are item prices determined exactly?

It’s all based on demand. More buys = price rises. More sells = price falls. Think of it like how crypto or meme coins work or even forex.

Can I earn tokens without investing real money?

Yes — you can earn through marketplace activity, referrals, giveaways, or learning challenges.

Will KCoin have value outside the platform?

Not at launch. But we’re building partnerships that could allow swapping or using it in other ecosystems later.

Can I resell items I’ve bought?

Definitely — any item bought can be relisted at your chosen price. This is where you make profits based on price swings.

Does TradePesa have a referral program?

Yes! TradePesa offers a referral and affiliate program where you will later earn commissions by inviting friends to join the platform.

How do I reset my TradePesa account password?

You can reset your password by clicking on "Forgot Password" on the login page. Follow the instructions sent to your registered email.

Can I cancel or edit my listing after it’s live?

Yes — if it hasn’t been bought yet. After trades begin, you can only close the market or list a new version.

How do I create a digital item to trade?

Just upload your item (image, file, concept), write a short description, set a base price, and mint it as a token. It becomes live on the marketplace!

Can I list physical items?

Yes — if they can be tokenized and represented digitally. You’ll handle fulfillment or collection separately with buyers.

What if I forget my password or lose access to my account?

You can reset your password via your registered email. For other recovery options, contact support through the Help Center.

How long do withdrawals take?

Withdrawal times depend on the payment method: *Bank Transfers: 1-3 business days. *Mobile Money (M-Pesa): Instant to one day.

What deposit and withdrawal methods are available?

TradePesa supports bank transfers, credit/debit cards, PayPal, mobile money (M-Pesa), and cryptocurrency deposits for quick and secure transactions.

Does TradePesa offer a demo account?

Yes! TradePesa provides a free demo account where you can practice trading with demo digitized token before using real money.

Is TradePesa licensed by Kenya’s CMA or other authorities?

TradePesa is not a licensed broker and does not offer regulated investment services. It operates as a digital marketplace and simulation tool under ICT/innovation platform guidelines.

How do I contact customer support?

You can reach our support team via live chat, email, or by submitting a ticket on our Support page. We’re available 24/7 to assist you.

What is Practice Mode and how does it help me?

Practice Mode is a risk-free simulation feature where users can learn how market movements work by using fake currency to simulate real trading. It helps you master the hustle before trading for real.

How secure is TradePesa?

We use state-of-the-art encryption, two-factor authentication (2FA), and secure API connections to ensure your funds and data remain safe.

Can I create my own token or market for my product?

Yes — TradePesa allows users to tokenize their own items and launch “mini-markets” where others can invest, trade, and speculate based on community demand.

What kind of items can I trade?

Anything digital or easily digitizable: art, music, memes, photos, digital collectibles, event tickets, or even physical items with digital representations (like sneakers, merch, etc.).

Can I use Live TradePesa on my mobile device?

Yes, Live TradePesa is mobile-friendly and has a dedicated app for both iOS and Android, allowing you to trade anytime, anywhere.

How do item prices go up or down?

Prices are based purely on supply and demand within the platform. If more people buy your item, the price rises. If they sell, it falls — similar to how crypto or meme coins work.

Can I trade with real money on TradePesa?

You use TradePesa’s platform currency (e.g., KCoin or $TPesa) for trading digital items. While this currency may be converted later via partnerships or internal exchange mechanisms, TradePesa does not currently allow trading of real financial instruments like Forex or Bitcoin.

Is TradePesa a financial trading platform like MetaTrader or Binance?

No — TradePesa does not offer real-money trading in currencies, crypto, or commodities. It is a community-based marketplace for unique, tokenized assets and a simulation tool for learning trading skills.

Can I become a verified creator or top trader?

Yes — verified users get a badge, increased visibility, and access to special features. Stay active, trade well, and apply through the Creator Program.

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