🔐 Why Is a 0.1 ITL Deposit Required?
The 0.1 ITL deposit in the Reverse Auction Buyback serves as a Verification Deposit.
Its purpose is to:
🔹 Verify the participant’s submission
🔹 Help prevent spam submissions
🔹 Link the submission with a valid transaction
What happens next?
0.1 ITL Deposit
↓
Verification
↓
Bid Evaluation
↓
✅ Selected → Continue through the USDT payment process
❌ Not Selected → 0.1 ITL deposit is fully returned
Therefore, the deposit is not automatically treated as a participation fee that is forfeited.
⚠️ Participants should carefully verify the official destination wallet, transaction hash, and submitted information before completing the application.
⏰ Phase 1: August 10–17, 2026
🕐 Deadline: 23:59 UTC
Understanding the verification mechanism is an important part of responsible participation in the ITL Reverse Auction Buyback.
#InterLink #ITLG #ITL #WeAreTheFirst10MLinkers
The 0.1 ITL deposit in the Reverse Auction Buyback serves as a Verification Deposit.
Its purpose is to:
🔹 Verify the participant’s submission
🔹 Help prevent spam submissions
🔹 Link the submission with a valid transaction
What happens next?
0.1 ITL Deposit
↓
Verification
↓
Bid Evaluation
↓
✅ Selected → Continue through the USDT payment process
❌ Not Selected → 0.1 ITL deposit is fully returned
Therefore, the deposit is not automatically treated as a participation fee that is forfeited.
⚠️ Participants should carefully verify the official destination wallet, transaction hash, and submitted information before completing the application.
⏰ Phase 1: August 10–17, 2026
🕐 Deadline: 23:59 UTC
Understanding the verification mechanism is an important part of responsible participation in the ITL Reverse Auction Buyback.
#InterLink #ITLG #ITL #WeAreTheFirst10MLinkers