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Why does my bid need to be fully funded?

Why does my bid need to be fully funded?

We want our secondary market to be immediate, so that when someone wants to transact, they can do so quickly. We think that this is to the benefit of buyers and sellers.

By ensuring that all bidders have enough cash to cover the cost of both the capital and any accrued interest when making a bid, we make sure that bids will not fail and will be able to be settled immediately.

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