Topic: BTCrow.com - Bitcoin Escrow Service - For safer bitcoin transactions (Read 23284 times)

Anyone used this recently? Is this still a good service/site to use?

We do actually have a published service guarantee covering up to $500 USD for each escrow. Typically most of our escrows are around that amount, so most people are covered.  

http://btcrow.com/escrow_service_guarantee.php

We have also been around since mid 2011, processed 1000s of Bitcoin escrow transactions, and have a proven track record of keeping client's funds secured.

The release of bitcoins is a manual process, and takes up to 24 hours. We do this manually for security reasons. Transactions above a certain amount are stored in an off-line paper wallet. Smaller escrows are stored in an encrypted wallet, and require the wallet to be manually unlocked before we release the funds.

For larger escrow amounts we also like to send a courtesy email to double check the BTC address is current.

BTCRow finally released the funds, but I wouldn't recommend this site to anyone, its ridiculous that manual intervention is required to release funds, even after the buyer requested the funds be released over 24 hours ago.

My buyer had to actually go back and release funds a 2nd time, unsure why it didnt work 1st time. I recieved letter confirming funds were released but they never appeared, buyer got back on and repeated procedure to release and they showed up in under 24hrs.

Has anyone had luck with them lately, used them for a TX last Friday, released funds Saturday as I am the buyer.. In any case seller still doesn't have the BTC and is obviously getting very concerned either I or BTCrow.com scammed him.

I'm fairly certain your site is being used by scammers, similar to this post: https://localbitcoins.com/forums/#!/fraud#craigslist-scam-for-knc-jup

I contacted a Craiglist seller that insisted I use BTCRow for escrow even though we are planning a face-to-face exchange. Here is a copy of the complete email invoice he sent me, which looks pretty legit at first glance. I'm sure it's a scam, I just wanted to post it here to make sure and perhaps raise awareness if it is.

So.... is this really from you?

Return-Path: [email protected]
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To: [email protected]
Subject: Please confirm a pending BTCrow transaction.
From: "btc-asia.com" <[email protected]>
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Date: Mon, 30 Dec 2013 04:49:49 +0100 (CET)
 
 
Please confirm a pending BTCrow transaction.
From             btc-asia.com <[email protected]>       hide details
Reply-to                 noreply <[email protected]>
To       gamisou <[email protected]>
Sent    Sunday, December 29, 2013 at 10:49 PM
 
Please confirm a pending BTCrow transaction.
 
Please send 5.93600000 BTC to:16NCsNpdMH1yRf8ha3ShTp1QQ5JJVbAZMf to start the transaction. After 6 confirmations a final confirmation email will be sent.
 
NOTE: FUNDS HAVE NOT YET BEEN RECEIVED FOR THIS ESCROW.
 
Your email was entered as the buyer for a btcrow.com. Please check the escrow details below:
 
Description:    1 Jupiter 2 BFL Singles
Escrow Amount:  5.93600000
Buyer Email:    [email protected]
Seller Email:   [email protected]
Escrow Fee:     0.05000000
Fee Payable by Buyer:   0.00000000
Fee Payable by Seller:  0.05000000
Total Payable by Buyer: 5.93600000
Seller will Receive:    5.88600000
Tracking:       Meet up
Maximum Shipping Time:  5 days
Inspection Period:      1 day
Regards,
btcrow.com