TRANSACTION SECURITY
In our previous guide, we outlined our Compliance Policy and user verification rules. We emphasized transaction security driven by transparent rules for posting offers and RFQs, as well as the robust processes and mechanisms supporting all trading and procurement activities.
Today, a crucial update!
GTradX is not a party to commercial transactions.
Since we do not charge any fees or commissions on completed trades, contract payments do not flow through the platform. GTradX operates on a subscription-based financial model.
The parties—our platform users—conclude commercial contracts directly outside the platform.
As a result, GTradX operates free from the complexities and risks of handling payments, shielding the platform from money laundering, terrorist financing, or other illicit activities under international law.
PERMISSION MANAGEMENT
This tool allows management to assign platform permissions to employees in alignment with internal company policies. For instance, you can set financial limits for commitments or authorize staff to negotiate commercial contracts on behalf of their employer.
This enables companies to seamlessly transfer their internal governance, rules, and best practices directly onto the platform, ensuring the exact same control mechanisms apply to digital operations as they do internally.