3.6 Free Market

a) Following the end of the initial offering period of NFTs, the Free Market phase is initiated. Free Market refers to the period when investors can buy and sell NFTs among themselves on the Fexse platform.

b) Traders can place both Limit orders and Market orders to sell their NFTs:

• Limit Order: The investor offers all or part of the NFTs they owns for sale at the price they set.

• Market Order: The trader can sell the specified amount of NFTs at the current market price.

Fexse has the right to implement controls and measures it deems necessary to maintain market stability and prevent manipulation. Depending on market conditions, it may impose temporary trading restrictions or price limits to prevent price fluctuations.

3.6.1 Order Matching

• Limit and Market orders are paired with one or more buy orders, in whole or in part.

• The order remains open until it is fully executed.

• When partial matches occur, the remaining part remains on the platform as an active order.

3.6.2 Cancellation of Sales Orders

• Traders have the right to cancel sale orders before the trade is executed.

• However, no cancellation or refund is possible for tokens sold in case of partial realization.

3.6.3 Order Following and Responsibility

• Traders are obliged to follow their sell orders.

• The investor will be solely responsible for any losses incurred in the event that sell orders fall below the market price or orders are placed in violation of market conditions.

• Fexse cannot be held liable for any losses arising from the non-compliance of orders with market conditions or due to trader errors.

3.6.4 NFT Purchases

• New NFT purchases can be executed via Market Order and Limit Order.

• Market Order: The buyer specifies the amount of NFT they wish to buy and it is matched with the current lowest sell order.

• Limit Order: The buyer can place an NFT buy order within the price range they set.

• In order for the order to be executed, there must be an open sell order in the specified amount.

• If the Match is Not Completed: The order is canceled due to insufficient stock or price change.

3.6.5 Transaction Authorisation on the Platform

• All NFT trading is carried out on the Fexse platform and between users who have accepted this agreement.

• Traders may only trade with users who have accepted the agreement.

• Fexse accepts, declares and undertakes that it will only allow users who have accepted the agreement to trade on the platform.