Topic: [ANN] SetEscrow - Secure escrow for the cryptocurrency world (Read 2181 times)

Great news

I am glad it was sorted out

That means the whole process is still unresolved even though by today it has been 35 days since you reported the incident to SetEscrow

That is unacceptable. What date was the last correspondence you received from them?

I received my funds. Thanks 

SetEscrow is still alive and well

Do note since support is account-specific and we can't give out details in a public forum you'd want to contact us through our official support channels at https://www.setescrow.com/help

It is normal to not receive a reply to a new dispute for 1-2 days since the 1st thing we do is try to contact the seller for their side of the story and any tracking #s/evidence they have.

it has been 6 days since you posted here.

What happened? Did you receive your funds?

Respected Sir

5 days ago created an escrow transaction on SetEscrow.com, sent the funds and it got confirm, i received confirmation mail from SetEscrow.com, " Your payment for escrow transaction ********************** is now complete and the seller should deliver your item(s) soon." Never got any responses from the seller neither did the seller responds to my mails.

On the escrow transaction status page, it's still showing the amount received. I initiated a dispute and it's more than 2days and SetEscrow.com has also not responded to the ticket, the status is still showing "being processed".

please look into my dispute resolve to it, my address is [email protected].
 

How can you not find out the latest info about a service before using it despite the fact its attached to a reputable service out there considering that its been long its being inactive. Even human being if I want to deal with you with one week interval, I want to still be sure that you are the same person I dealt with because people change in matter of hours not to talk of days. This announcement thread was done since 2016 with little activities up to this time. Just try the options given by the poster above.

So sad you got screwed by SetEscrow. It seems the 2 devs that created coinpayments.net before selling it to its present owner also created SetEscrow much later though.

I sent PMs to both of the devs last year to ask for something or other did not bother replying. One of the PMs was to ask iof the escrow service was still live but they did not bother replying. Go back to SetEscrow and send them a message there.

Send them a PM here.

The first is: pr0d1gy (https://bitcointalksearch.org/user/pr0d1gy-106439)
The second is: MrData (https://bitcointalksearch.org/user/mrdata-193932)

In future you really should also avoid ShapeShift as their charges are quite high and there are too many problems with their customer services and also delays of many days or weeks in receiving coins.

Try changelly.com it has excellent reviews

yesterday i use this service.  It's been 15 hours already and I still have not received my coins from this site.
support does not answer. I know for sure that this service is connected with www.coinpayments.net

Scam?

Did you ever get your money back?

Is the setescrow website active? It seems live but there is no activity on any forums about it.

Respected Sir

   Its been 18 days now since I disputed the transaction on setescrow i have previously done couple of transaction on setescrow and that too for a high amount, amount got back to my wallet right after 6 days never faced this delay, I need to do one big transaction on emergency basis that's for like $4000 please look into my dispute resolve it to the earliest so can initiate my other transaction to the quickest this is my email address [email protected]

Thank you for the kind words, we will look into the suggestion, but can not promise anything right now as we are focusing on every day clear net transactions.



Thank you for considering using us for your future escrow needs! :-)



We agree, the service must grow, the growing process will also help create trusted members within our ecosystem. The suggestion to make trusted members of the forum could be doable, there would have to be more of an interest in this but we will keep the idea on the table.



Yes, you have a very valid point. This will help everyday escrow, without the need to participate in forums for the service. We hope more can see that potential and begin to use the system more. Thank you for your input! :-)



Thanks, hope more people can see that as well!

Okay I see potential here.

This is good we need more trusted and established escrow providers that are not just forum members of bitcointalk. Service like this makes it easy for the common peoeple to start an escrow transaction because not everybody who uses bitcoin uses this forum and it's forum escrowers.

This service must get popular, and you need some trusted members to judge here, maybe you should consider allow some reputable members here to act as judge, and well even needing an escrow i cant use your project because looks like no one use it.

Great idea and realization.
I will be glad to take part in various ICO under your escrow.

I dont have much to say about this your service apart from it comes from a trusted member of this forum and i will like you to also have a similar website on the darknet, i am willing to promote your website over there when you set it up because you can be trusted.

Bump 👍! Very good IDEA! 5 stars!

Bump

To answer your questions:

1) The judges are staff members we trust, we have known and worked with all the judges since 2013.

2) pr0d1gy and I are the original founders of CoinPayments.net and still work there for the current owners. We haven't run with that money.

3) The coins are stored on separate servers from the website. If we end up with a substantial amount stored we'll also implement cold storage.

Thanks

I'm wondering this as well.  And how are the bitcoins stored?

Hey, this looks great! I have a couple basic questions about SetEscrow that hopefully won't be a hassle to answer.

1) Who are the three judges that resolve disputes (and how are they selected)? Are they community members that have a high score in your reputation system, or staff members that you hire and trust?

2) Simple question: how do we know you're not going to run with the funds?

Awesome, please let us know how your experience is, thanks for giving us a try!

the website looks good. Just created an account, looking forward to make some transactions

bump

Thanks, we keep trying to roll out what we can, when we can!

More established providers?   

Good stuff guys! Keep it rolling!

Reserved

What is SetEscrow?
A user powered, reputation based, platform for users to easily and securely create escrow transactions on demand.
 

3 Easy Steps To Use

Step 1

• Create Escrow

The buyer or seller clicks the Create Escrow Transaction button in the menu and enters the transaction information and options. Registered users save 0.15% on escrow fees and build their trust score to inspire confidence in future transactions.

Step 2

• Review Terms

The buyer receives an email inviting them to the escrow. Once they review the escrow settings they send the coins if they agree to the terms of the transaction. At the same time the seller receives an email with a link to monitor the status of the escrow transaction.

Step 3

• Complete Transaction

Once funds are received the seller ships the product or performs the service, etc. The buyer then has an inspection period to receive and inspect the product. If they are satisfied they release the funds to the seller or if there is a problem they can raise a dispute instead.
For full details on the dispute process see our detailed help section.


FAQ:

How does this service work?

The buyer or seller clicks 'Create Escrow Transaction' and fills out the required entries.

From there, the buyer has X days to send the required funds for the transaction. Once the funds are received, the seller is notified and will ship/send/release the product or service the buyer purchased and the 'inspection period' has begun. (When setting up the transaction, make sure to leave enough time for shipping as well.)

When the buyer receives their product/service they will either click 'Release Funds' if they are happy with the purchase to send the funds to the seller or they can click 'Start Dispute' if there is a problem. If the buyer doesn't click either option the escrow will time out after the configured number of days and release the funds to them automatically.


How are disputes handled?

The buyer and seller will both provide testimony and evidence (pictures, tracking numbers, etc.) for their case. A panel of 3 judges will decide the outcome of the case which may be:

• a) refunding the funds to the buyer
• b) releasing the funds to the seller
• c) a 50/50 split
• d) in the rare case a decision can't be reached, the funds will be released to a 501(c)(3) registered charity of our choice and the transaction ID published on this website.

What are the fees?

The number of days determines the escrow fee, they are as follows:

1-3 days: 0.40%,
4-9 days: 0.65%,
10-21 days: 0.90%
22-30 days: 1.05%
22-30 days: 1.05%
30+ days: 1.15% + 0.5% per month.

You can save 0.15% if you have an account, and are logged in.


Multiple Coins
We support a number of crypto coins for escrow transactions, current list is:

Bitcoin, Litecoin, BlackCoin, CloakCoin, CureCoin, Dash, DigitalCoin, Dogecoin, Feathercoin, Hyper, MintCoin, NuBits, Netcoin, Namecoin, Novacoin, PotCoin, Peercoin, StartCOIN, Sexcoin, TitCoin, Unobtanium, Litecoin Testnet (For testing)

https://www.setescrow.com/supported-coins

Do you plan on adding more coins?
Not for now, this is still a beta phase. So we'd like to see the use of the system before we add anymore coins.

Where do I sign up?
https://www.setescrow.com/register