Some shows will require users to be a Verified Buyer before they can bid on a product. When a seller turns this on, it ensures that buyers either have a demonstrated purchase history on Whatnot or have an authorized payment method.
To make your show a "Whatnot Verified Buyer" stream:
- Go to your scheduled show's preview
- Tap the button with 3 dots above the share icon
- Toggle on "Verified Buyers Only"
How buyers become a Verified Buyer:
In order to purchase in a Verified Buyer show, buyers must meet these requirements:
- Have a history of successful purchases on Whatnot
- Authorize a temporary hold on your account, usually $10
- Note: the payment hold amount can vary by show. We may finalize this charge if you place a misleading or troll bid in violation of our Terms of Service or Community Guidelines. Otherwise, the hold will be released in 24 hours, but it may take a few days for your bank to process the release.
Even if buyers don’t meet the criteria above, they'll still be able to watch Verified Buyer shows though they won’t be able to place bids or enter giveaways.
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