Post
Topic
Board Marketplace
Re: Escrow Guide
by
ekans45
on 31/08/2017, 08:10:24 UTC
Hey Everyone,

Just wondering since I've never escrowed before I would like/need to in the future. Is there a guide on how to escrow somewhere around here?

Thanks

I'm not too sure about a guide, but escrow is a pretty simple and effective concept. Basically, you bring another trusted member into your 2 man deal. Say you're trading an Amazon gift card for Bitcoin and dont want to be scammed. You send the Bitcoin to the escrow and the other person will directly send you the Amazon card. When you confirm that the card is working and test it out, you can tell the escrow to release the funds to the other guy.

There are services in this section. Just use the search function to find an escrow. I offer services too, so let me know if you'd like me to escrow for you.
The point of having a escrow is simply by having two way man to secure your transaction on a both one to one cases. But in terms of ICO and signature , Escrow is the one who manage the system of transactions of dealing with sending profits and bitcoins for the participants.