The buyer doesn't choose to utilise hedging or not. The vendor sets their listings to hedged or unhedged, so the vendor controls that aspect of a purchase. If a vendor is hedging their listings then buyers do lose the ~4% hedging fee on cancelled orders, just as vendors are charged the ~4% hedging fee when the order is finalized. http://dkn255hz262ypmii.onion/wiki/index.php?title=Seller%27s_Guide#Escrow_Hedging The buyer is the beneficiary of hedging when an order is cancelled, therefore the buyer covers the hedging fee. A vendor is the beneficiary of hedging when an order is finalized, therefore the vendor covers the hedging fee. Silk Road gets is not the beneficiary of a hedged order, and as we are not the beneficiary of hedging we do not cover the hedging fee. It is not kept by Silk Road; it is used to cover the cost of the bid-ask spread between the available orders that can be used to fill your hedging order. That is why it is ~4% [circa. 4%], and not a set figure. As it is charged both when hedging and unhedging, it cannot be calculated into the "expected" amount shown that a vendor is set to receive when the order is finalized (unhedged). Libertas