Question 1

How do I buy Korean Won using US Dollar on FraxNet P2P?

Accepted Answer

Open an order against a live seller ad. Funds are locked in a non-custodial on-chain escrow on Fraxtal the moment the order opens. You never hand crypto to a counterparty; the smart contract releases it once your fiat payment is confirmed.

Question 2

Is it safe to buy Korean Won?

Accepted Answer

FraxNet P2P uses on-chain escrow: the seller's Korean Won is locked in the `FraxNetEscrow` smart contract before the buyer pays. No platform custodian holds your funds. Trust scores, verification tiers, and a dispute workflow protect both sides.

Question 3

What are the fees to buy Korean Won?

Accepted Answer

FraxNet P2P charges zero trading fees on P2P orders. Your payment rail may charge its own transaction fees. Gas on Fraxtal is paid by the platform relayer via meta-transactions, so most actions are gas-free for users.

Question 4

How fast is US Dollar settlement on FraxNet P2P?

Accepted Answer

Buying Korean Won is usually end-to-end within a single payment window (default 15–30 minutes). Once the counterparty confirms, escrow releases on-chain immediately.