How to begin with becoming an escrow agent? - page 3.

jacee

legendary

Activity: 1302

Merit: 1024

Being an escrow may be a thankless job but there are instances why people wants to be an escrow. For example is my reaso why I want to is because I want to be able to help other people. And prove m honesty and credibility as a real human.

I support the thought that an escrow provider here should give out their dox and be known atleast by thestaffs so there will be deails to cling in to just incase.

Anyway, if you want to be an escrow. Prove your worthiness of other peoples trust. Be a good person and do no harm. Obey Gods' rule and you're good to go. There are tons of explanations and etc but if I will say you will have to follow Gods' commandments then I think you willnot do anything against it thus you meaning you will not do any harm to your people. No scamming for short. Lol. Gl mate. Cheesy

adicted

hero member

Activity: 546

Merit: 500

Staying active, posting good content, and build reputation by trading here will be enough I guess. If you've got green trust ratings and a lot of users recognize you as a reputable member, I think you are good to go to start a escrow service. But with the recent scam incident involving a reputable escrow, I think providing your real-life identity will be needed. Good luck Cheesy

noel57

sr. member

Activity: 392

Merit: 250

The very first step is to gain peoples trust in your dealings with them, people will then give you green or positive trust, you can now go from there, remember that people will not send you their funds even if you are a Legendary member unless you go green.

UnknownUsername

full member

Activity: 224

Merit: 100

You lack a solid trade reputation here. Account age doesn't matter because there are buying/selling accounts

Shibashi Dogemoto

hero member

Activity: 840

Merit: 1000

What might actually help is giving your dox to theymos or badbear... In case you run with the money, at least the community will know who they have to hunt down Wink

. It might give you SOME credibility without having a lot of green trust.

Offcourse, fake info (id, drivers licence,...) can be bought pretty cheap nowadays, so theymos or badbear should actually verify your dox (sending a letter with a confirmation code to the addy you gave them + phoning you on the telephone number you gave).
I don't even know if they would be willing to do this (since they're quite busy nowadays).

Twister is completely right tough: i've followed the master-p debacle quite close, and it seems most escrow agents can only ask about 1% fee due to the competition between them... even if you escrowed 1000BTC a year, you'd only make 10BTC from the fees (minus the transaction fees, minus the fact you'd practicly HAVE to buy a HW wallet). Surely the hourly wage of an escrow agent is lower than the minimum wage of most countries Wink

twister

hero member

Activity: 672

Merit: 501

Why you want to do it? Its a thankless job and you don't even get paid enough and one fuck up can cause you to lose all the reputation you have gained so far.

So my suggestion is, forget it.

After master-p's incident, its hard for people to trust, even the members with so much green on their account that they can save the world from global warming, how can you expect them to trust unorganic account like yours?

But if you still want to do it, follow the advice of these nice people, like this one:

Quote from: Shibashi Dogemoto on January 19, 2016, 03:34:37 AM

As been said before: you have no feedback whatsoever... At least do some trades with "normal" people and at least get a lot of untrusted positive feedback before attempting this. Even better would be to get some positive feedback from trusted members, but most of them use their +ve very sparingly. Also positive feedback from DT should be earned Wink

This would make you appear trusted in the eyes of the bitcointalk members. /sarcasm Roll Eyes

Shibashi Dogemoto

hero member

Activity: 840

Merit: 1000

As been said before: you have no feedback whatsoever... At least do some trades with "normal" people and at least get a lot of untrusted positive feedback before attempting this. Even better would be to get some positive feedback from trusted members, but most of them use their +ve very sparingly. Also positive feedback from DT should be earned Wink

WENGER

sr. member

Activity: 274

Merit: 250

Negative rating was requested by me (SFR10)

Being long enough in the community is one thing but that shouldn't be the basis as trust is everything and after checking your rating, there's no indication of anything risky that as result have gained you any trust so far and I wouldn't recommend starting an escrow service as you haven't done trades and haven't been trusted with something valuable that put the other guy at risk of losing it so I doubt people would use you specially with all the trusted escrows available at the moment.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

What I see a trustworthy escrow is begin from trade something like voucher steam, trade BTC to fiat/PayPal and then when you have at least 1 positive reputation you can open an ANN, also you can request your name list, listed to escrow list on Marco thread.

l8nit3

legendary

Activity: 1007

Merit: 1000

Hello again BCT members!
I am reaching out to all those with more knowledge then I currently have on the subject of escrow services. Being that I've become a 'Senior Member' here on BCT and have been a fairly active member since July 14, 2014, 11:03:00 AM, I have decided I would like to offer my services as an escrow agent to any who need one.

However, before actually releasing an ANN stating such (or similar advertising), I would like to do all of my research and know exactly what is required of all parties, specifically me of course. lol

I understand that I would need to have a valid and confirmed PGP signature (to essentially verify my 'online identity'), and would likely need to use a multisig setup for each transaction, however that is where my knowledge ends. (I understand how to setup the things Ive mentioned, I just don't know if more is required.)

So, if anyone here at BCT could shed some light on the subject for me that would be greatly appreciated.

EDIT#1
advice so far for anyone else who is looking into the subject:

1)from avatar_kiyoshi

Quote

begin from trade something like voucher steam, trade BTC to fiat/PayPal ....... your name listed to escrow list on Marco thread.

2)from WENGER

Quote

...trust is everything...

3) from Shibashi Dogemoto

Quote

...positive feedback from trusted members ...feedback from DT should be earned ....... giving your dox to theymos or badbear

4)from prodigy8

Quote

...deposit some money to administrator, And escrow the deals up to this amount...

and 5) from subSTRATA and twister

Quote

...forget it...

/EDIT#1

Topic: How to begin with becoming an escrow agent? - page 3. (Read 2115 times)