Author

Topic: 📢 Bitxoe.com - Launched Bitcoin Escrow Platform in BETA (Read 202 times)

newbie
Activity: 11
Merit: 0
https://i.imgur.com/q6bwtus.png

I think you can not say that your platform is 100% safe and people can't get scammed.
This is the page you say this:
https://bitxoe.com/page/faq

I will choose to trust more some members in this forum for doing escrow instead of using your website.
You also ask for KYC for withdrawal, and I see no reason for this as I think you don't have fiat option yet.
The control of funds is always in Bitxoe administration and moderators. It's true that neither seller nor buyer can scam it's partner user. That's how it's safe.

The platform is in Beta, we will be keep improving the software and process while considering all the concerns, feedbacks and issues.

The bitcointalk community is huge, there are several legends who provide escrow services and they proved themselves, providing excellent services. No doubt in that.
We are a startup, trying to make n automated escrow platform and someday we will win your trust too.

Thank you very much. Have a great weekend.

legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1


I think you can not say that your platform is 100% safe and people can't get scammed.
This is the page you say this:
https://bitxoe.com/page/faq

I will choose to trust more some members in this forum for doing escrow instead of using your website.
You also ask for KYC for withdrawal, and I see no reason for this as I think you don't have fiat option yet.
newbie
Activity: 11
Merit: 0
Hello, thanks for exploring the system and noting down the issues and confusing terms. Without the help of this active community a crypto startup can't get success.
Let me answer all the questions one by one. 

The funds are kept secure until all of the terms of a transaction are met.
Care to explain the exact process of securing those funds?
If you are using the bitxoe escrow platform, the funds for a specific service / product ] will get locked in our system [NOT smart contract] that means the funds won't get released till the partner delivers the product or service. Only user can release the funds when transaction terms are met.


User Feedback: Chris S. a crypto trader, recently tested the beta version of the platform and gave a five-star rating.  "Having early access to Bitxoe escrow platform has been an amazing product experience. I often pay in Bitcoin for non-traditional things and in the near future, I won't run into problems by paying too soon and then losing Bitcoin. Bitxoe going to be a game-changer for me! Fully recommended."
Where we can find that feedback and its 5-star rating?
At this moment, we don't have star rating format, but the feedback page looks like this: https://prnt.sc/ti04sr
We are also working on How to articles, Will share the links here too.


  • Just 1% platform fee for every escrow
But on your website it says: ONLY @ 0.5%
- Which one is it?
During Beta version, the platform fee is 0.5%. Once launched, the platform fee will be 015 for each transaction.



I believe there's been a mistake:
- The highlighted word need to be replaced with 'maximum".

For every user without approved KYC
Minimum withdrawal/deposit will be BTC 0.005
A user can request a minimum BTC 0.25 per withdrawal and with a daily limit of BTC 1.5
Ture, We will replace the work with appropriate word.

If you have any other query, feel free to ask here.
Thank you once again.
newbie
Activity: 11
Merit: 0
Quote
When a user starts a transaction, the mentioned amount of Bitcoins is automatically deducted and reserved from the seller's Bitxoe Wallet.

I believe they are not using smart contracts. And I have the exact same question. How do you deal with fiat?

Hello,
Thanks for responding.

Integration with Fiat in under future roadmap of development.

As of now, The system doesn't support cash withdrawal. The users can exchange in supported crypto coins or fiat currencies through P2P swap option. All options are mentioned in the transaction type. Note that, you must know the username of your trading / escrow partner. This minimizes the risk of getting scammed.

If you have any other question, feel free to ask.
newbie
Activity: 11
Merit: 0
I tried to access to https://bitxoe.com/, it is not working, maybe the problem is on my side but it is better to check it out.

Bitxoe provides a safe Bitcoin escrow service for user transactions. The automated process takes just three steps: Start a transaction, lock BTC in escrow, and then release them when all needs are satisfied.
What is the nature of "lock BTC in escrow"? Is it a smart contract for a period? Or does the platform control all things in the sense that you have a database and do not allow the account to withdraw?

If it is a smart contract, the two parties can count the money without returning to the platform, but in the second case, the users must trust you and the support team.

How will the cash withdrawal be made? Do you support bank transfer or any other service?

Hello,
Thanks for responding.

Bitxoe portal is up and working fine. Since the portal was launched in BETA, the development team is monitoring the possible errors and bugs to make sure all existing users have good experience.

About Locking Funds:- If bitcoins are uploaded, it gets deposited in a safe wallet which is fully controlled by the platform, the users can't withdraw until seller the completes the jobs or delivers the product. Full blockchain integration is possible before the public launch.

As of now, The system doesn't support cash withdrawal. The users can exchange in supported crypto coins or fiat currencies through P2P swap option. All options are mentioned in the transaction type. Integration with Fiat in under future roadmap of development.

Note that, you must know the username of your trading / escrow partner. This minimizes the risk of getting scammed.

If you have any other question, feel free to ask.
 
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
The funds are kept secure until all of the terms of a transaction are met.
Care to explain the exact process of securing those funds?

User Feedback: Chris S. a crypto trader, recently tested the beta version of the platform and gave a five-star rating.  "Having early access to Bitxoe escrow platform has been an amazing product experience. I often pay in Bitcoin for non-traditional things and in the near future, I won't run into problems by paying too soon and then losing Bitcoin. Bitxoe going to be a game-changer for me! Fully recommended."
Where we can find that feedback and its 5-star rating?

  • Just 1% platform fee for every escrow
But on your website it says: ONLY @ 0.5%
- Which one is it?

I believe there's been a mistake:
- The highlighted word need to be replaced with 'maximum".

For every user without approved KYC

Minimum withdrawal/deposit will be BTC 0.005

A user can request a minimum BTC 0.25 per withdrawal and with a daily limit of BTC 1.5
jr. member
Activity: 30
Merit: 10
Quote
When a user starts a transaction, the mentioned amount of Bitcoins is automatically deducted and reserved from the seller's Bitxoe Wallet.

I believe they are not using smart contracts. And I have the exact same question. How do you deal with fiat?
legendary
Activity: 2702
Merit: 4002
I tried to access to https://bitxoe.com/, it is not working, maybe the problem is on my side but it is better to check it out.

Bitxoe provides a safe Bitcoin escrow service for user transactions. The automated process takes just three steps: Start a transaction, lock BTC in escrow, and then release them when all needs are satisfied.
What is the nature of "lock BTC in escrow"? Is it a smart contract for a period? Or does the platform control all things in the sense that you have a database and do not allow the account to withdraw?

If it is a smart contract, the two parties can count the money without returning to the platform, but in the second case, the users must trust you and the support team.

How will the cash withdrawal be made? Do you support bank transfer or any other service?
newbie
Activity: 11
Merit: 0
Welcome to Bitxoe - the escrow platform to buy sell anything!

Visit: https://bitxoe.com/

The Bitxoe escrow service is easy to understand in both principle and practice. A bitcoin escrow is an arrangement between two parties where Bitxoe platform holds payment of the funds (Bitcoins) required to complete a transaction. The funds are kept secure until all of the terms of a transaction are met. Bitxoe moderator only steps in if there is a problem or dispute between the users.

Bitxoe provides a safe Bitcoin escrow service for user transactions. The automated process takes just three steps: Start a transaction, lock BTC in escrow, and then release them when all needs are satisfied.

User Feedback: Chris S. a crypto trader, recently tested the beta version of the platform and gave a five-star rating.  "Having early access to Bitxoe escrow platform has been an amazing product experience. I often pay in Bitcoin for non-traditional things and in the near future, I won't run into problems by paying too soon and then losing Bitcoin. Bitxoe going to be a game-changer for me! Fully recommended."


Supported coins for Crypto exchanging
ETH / USDT / BCH / LTC / XMR

Supported currencies for Fiat exchanging
USD / EURO / GBP / CNY / INR / AUD

Key Advantages
  • Simple and User-friendly interface
  • Sell Anything like General Merchandise, Domain Name, Digital products & services.
  • Exchange Bitcoins with Fiat As well as cryptos.
  • Just 1% platform fee for every escrow
  • 247 Support

Important Links

Join our bitxoe community and follow us on:

We're always pleased to answer your questions at https://bitxoe.com/support/
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