Unlock a New Way to Trade: GP Pay is Here!
Since GP was introduced to the Lootex platform, player interest and support for this ecosystem has continued to grow. Now, the launch of the GP Pay feature brings even more vitality to this ecosystem. This is not just a technical upgrade, but a response to Web 3 players' needs, aimed at making trading more flexible, more interesting, and more aligned with players' expectations.
Using GP Pay to Explore More Possibilities
Imagine you're browsing your favorite NFT collection and spot a piece you must have. Now, you can choose to use GP to offset part or all of the transaction costs. GP Pay offers flexible deduction ranges, starting from as low as 1 GP up to 100,000 GP (equivalent to 1,000 USD).
Even better, GP Pay isn't limited to any specific type of address. Whether you're using a Lootex Smart Account (SA) or MetaMask wallet (EOA), you can easily access this feature. We've also designed a reasonable transaction threshold - single transactions must be above 100 USD to use this feature, ensuring a smooth trading experience.
Flexible Payments to Meet Your Needs
GP Pay not only makes the payment process more flexible but also provides users with different options. You can choose between full or partial deductions based on your needs. For example, some transactions might only require a small amount of GP plus a little additional funds to complete the payment. This design ensures users won't feel burdened while maximizing the value of GP.
More importantly, GP's value is automatically converted based on current exchange rates, ensuring every user enjoys a transparent and fair trading experience. No matter which blockchain ecosystem you're in, you can participate in this world of unlimited possibilities through GP Pay.
FAQ
Can only SA wallets use GP Pay?
No, both SA wallets and EOA wallets can use GP Pay!
Can GP Pay be used to purchase any NFT on the platform?
No, currently GP Pay is only available for purchasing verified collections. However, for verified collections, you can use GP Pay for both Lootex listings and aggregated orders from OpenSea!
Can GP Pay be used with orders in any currency?
Yes. GP Pay can be used to offset orders in all currencies, and you can even use GP Pay to purchase items with different currencies in the same order!
Is there a minimum amount required to use GP Pay for an order?
Yes, to use GP Pay in an order, the total amount for items from verified collections must exceed the equivalent of $100 USD.
Are there minimum or maximum limits for GP Pay deductions?
Yes, each transaction has a minimum deduction of 1 GP and a maximum of 100,000 GP. Within these limits, you can partially or fully offset the order amount!
If my order fails to complete, will my GP be refunded?
The system deducts GP at the moment the order is confirmed. If the order ultimately fails to complete, the frozen GP will be automatically refunded after five minutes, but the GP used for Gas Fee deduction will not be refunded.
About Lootex
Lootex is a player-centric, cross-chain NFT trading platform that shares the latest blockchain game info. It is devoted to building a gamer-centric game asset marketplace where anyone can easily browse and trade game assets across multiple blockchains.