Post
Topic
Board Service Discussion
Re: Bitcointalk Escrows - Trade Safely!
by
Drixy
on 01/11/2017, 02:09:51 UTC
I'm here recently and did not fully understand how it works. Why do some escrow have 0% fees? Does this mean that they will not take money for their services? Thank you in advance.
Usually they are on low transactions. For example no one will keep 2 bitcoin without fee for a long time. To be fair it usually happens when escrower is new in this job but trustwortht or escrow isn't his/her job and does it when someone asks for.
But 0% fee doesn't includes transaction fee, you cut it from your money and that's fair.
And what didn't you understand? I'll try to help.

Still not clear for me. Escrow actually is responsible person, why does he not paid for this? (I mean cases with 0%)
Well most of the escrows dont actually have to be paid they want is the reputation and trust of many users as possible because their job is so easy. Paying an escrow isnt necessary but some users tipped them for their work and time so keeping a reputable account will make you more money because every users will try to tip your time.