Post
Topic
Board Services
Re: Crypto Marketplace ~ Escrow Service ~ OTC ~ Discord Marketplace ~
by
FomR
on 22/07/2020, 10:54:51 UTC
Your fee is extremely low, in other communities you'll often see 3%-8%. These fees are often high because you'll entrusting them with a high amount of money, and a high compensation for their services will result in trust and long term benefit for both of you.

However, you could scam $1000 and get it instantly. It would take 200 transactions escrowed by you to make that $1000. Why are your fees so low?
You pointed out that a $1000 would take 200 transactions. Doesnt need to be that much, that could even be done with 1 transaction. And the whole point of an escrow is that you lower the rate of being scammed.
Before completing the escrow and that Dream could release the fund by sending it to the seller wallet is done after both parties( seller and buyer ) confirm the escrow that the product or service has been shipped and recieved.

The fees are low just because the  3%-8% usually take a lot of profits from a high amount of escrow. Dream lower the fee by using less transactions i guess.
correct me if im wrong