What is the Partner Guarantee Deposit in EZDEX and Why is It Paid?

In the world of decentralized finance, trust comes first.

EZDEX, as a decentralized platform for connecting and matching orders between exchangers and customers, instead of holding funds or acting as an intermediary, merely provides a smart environment for order matching and asset management.

But in this open and peer-to-peer space, an important question arises:

❓️How can one be sure that exchangers honor their commitments to customers?

The answer to this question, after the exchanger’s identity verification and the confirmation of their performance by other exchangers, lies in the concept of the partner guarantee deposit.

What is the Partner Guarantee Deposit?

The partner guarantee deposit is an amount that each exchanger, after the required conditions have been approved by EZDEX experts, must deposit into their wallet on EZDEX in order to start operating on EZDEX. This amount is not a membership fee or commission, but rather serves as a guarantee of the exchanger’s commitment to correctly and promptly fulfilling customer orders. In case the exchanger decides to discontinue cooperation, they may withdraw this amount one month after the withdrawal request date.

What exactly is the purpose of this amount?

On EZDEX, when you, as an exchanger, accept a customer’s order, the equivalent Tether amount of that order is frozen (locked) from your deposit. This amount remains locked in the system until the order is fully completed, and upon successful execution of the order, it is immediately released so that the exchanger can accept their next order.

🔐 Simply put:

The guarantee deposit is the backing for every order you accept.

If the commitment is not fulfilled, this amount serves as the enforcement guarantee for completing it.

Why is paying the Partner Guarantee Deposit essential and important for exchangers?

✅ 1. Enhancing your credibility among exchangers

Having a guarantee deposit shows that you are a committed and serious exchanger, and other partners will feel confident collaborating with you. After all, someone who is not serious would not freeze their own assets for a month just for a short experience. In fact, the amount of your deposit reflects your level of credibility among other exchangers — and we will also explain how you can increase that credibility later.

✅ 2. Greater customer trust

Customers know their money is being processed in a system that guarantees order fulfillment. This reassurance leads to more customer acquisition and builds loyalty.

✅ 3. Receiving fees directly from the customer

For each executed order, you receive the fee directly in the currency being exchanged with the customer. There is no need to convert your assets into the currency required by the customer.

✅ 4. Ability to increase order capacity

If you want to accept orders valued higher than your guarantee deposit, you can expand your credibility by increasing other assets (for example, in dirhams, dollars, etc.) and with the help of other exchangers, allowing you to take on more orders.

A simple example for better understanding

Suppose a customer wants to deposit $5,000 in Istanbul and receive the equivalent amount in dirhams in Dubai. The fee for deposit and withdrawal is set at 0.1%. Under these conditions, the operation proceeds as follows:

First, the customer creates a deposit order for $5,000 in Istanbul. After depositing the amount, within less than a minute, it is converted to dirhams and a withdrawal request with the specified fee is registered in Dubai. A few minutes later, the address of the relevant exchanger is provided for receiving the withdrawal amount of 18,313 dirhams.

Now, let’s see what happens behind the scenes.

Step 1 – Receiving the money in Istanbul

• Exchanger #1 in Istanbul accepts the order because they have the dollar equivalent of the order guaranteed in Tether.
• The customer hands over $5,000.
• Due to the 0.1% fee, $4,995 enters the exchanger’s wallet.
• Exchanger #1 earns a $5 fee.

Step 2 – Converting dollars to dirhams

• The customer converts $4,995 at the daily rate (for example, 3.67), which is about 18,331 dirhams.
• Their dollar wallet goes to zero, and their dirham wallet is credited.

Step 3 – Withdrawing dirhams in Dubai

• The customer requests a cash withdrawal of 18,331 dirhams in Dubai.
• Exchanger #2 in Dubai accepts the order because they have a 5,000 Tether guarantee.
• After deducting the 0.1% fee (18 dirhams), the customer receives 18,313 dirhams in cash.
• Exchanger #2 earns an 18-dirham fee (equivalent to $5) for processing the order.

Second cycle: Balance reconstruction

Now another customer wants to deposit 18,350 dirhams in Dubai and receive the equivalent dollar amount in Istanbul. The process follows the same steps. As a result:

• The assets of the exchangers become balanced again.
• Negative balances from previous orders are covered.
• The exchangers’ fees are cashed out.

🔁 In this way, a healthy and reliable financial cycle forms between exchangers, with no need for personal trust. Only the EZDEX system and the partner guarantee deposit ensure all commitments.

What is EZDEX’s role in all this?

EZDEX neither holds assets nor acts as an intermediary.

Instead, it is a decentralized system for distributing orders, freezing assets, and reconciling accounts.

No need for a bank, no centralized asset custody, and no risk of fraud by new customers, exchangers, or partners.

How does EZDEX manage assets?

EZDEX itself holds no money. All assets are distributed among exchangers and are shown in the dedicated wallets of each exchanger in a decentralized manner. This means EZDEX is simply a platform for recording, managing, and reconciling accounts.

For better understanding, consider this example:

• Exchanger #1 gives 18,350 dirhams to Exchanger #2 — the assets of Exchanger #1 increase by 18,350 dirhams.
• If Exchanger #2 gives $5,000 to Exchanger #3 — the assets of Exchanger #2 increase by $5,000 (from the received credit).
• Finally, if Exchanger #3 gives 18,350 dirhams to Exchanger #1 — the assets among all three exchangers balance again.

This cycle shows that assets, backed by the partner guarantee deposit, move and reconcile among exchangers, ensuring the financial stability of the network.

Summary: Why must we pay the guarantee deposit?

If you want to be part of EZDEX’s modern, secure, and decentralized financial network, after identity verification and approval by other partners, you must pay the guarantee deposit to prove your seriousness in continuing operations and your commitment to timely customer service. With this deposit, you not only enter the market but also benefit from the security, credibility, income, and trust of hundreds of other exchangers.